Hertz and Marriott are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Hertz Global Holdings Inc., down $2.76 to $27.73

Accounting woes are spreading at the car rental company, which says its financial report from 2011 “should no longer be relied upon.”

Occidental Petroleum Corp., up 20 cents to $100.38

The energy production company is spinning off its California holdings this year into a new company called California Resources Corp.

Peabody Energy Corp., down 24 cents to $16.34

Goldman Sachs stripped the coal miner of its “buy” rating and cut its target price by $5, seeing a better value in Consol Energy.

The Gap Inc., up 87 cents to $42.06

Strong performances from the retailer’s Banana Republic and Old Navy brands drove sales in May higher than most had expected.

Nasdaq

Sears Hometown and Outlet Stores Inc., down $1.98 to $20.52

A tough opening to the fiscal year for the retailer, which saw a 6.2 percent decline in comparable-store sales and slim profits.

Marriott International Inc. up 54 cents to $62.85

A broad economic rebound paired with the hotel’s expansion abroad and a revamp at home is sending its stock to all-time highs.

Angie’s List Inc., up $1.11 to $11.21

Bank of America thinks a new pricing scheme at the online review site is a winner and it’s still seeing pockets of growth.

Diamond Foods Inc., down $3.58 to $29.74

Higher commodity prices and refinancing charges exacerbated quarterly losses for the food company, though snacks sold well overall.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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