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	<title>Stock Blog Hub &#187; PAY</title>
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		<title>(AVP) Company News for December 15, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/12/15/avp-company-news-for-december-15-2011-corporate-summary/88688</link>
		<comments>http://www.stockbloghub.com/2011/12/15/avp-company-news-for-december-15-2011-corporate-summary/88688#comments</comments>
		<pubDate>Thu, 15 Dec 2011 18:05:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Personal Products]]></category>
		<category><![CDATA[Avon Products Inc.]]></category>
		<category><![CDATA[AVP]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[First Solar Inc.]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[GMCR]]></category>
		<category><![CDATA[Green Mountain Coffee Roasters Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[SGI]]></category>
		<category><![CDATA[Silicon Graphics International Corporation]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88688</guid>
		<description><![CDATA[•    VeriFone (NYSE:PAY) posted Q4 EPS of $0.53, surpassing the Zacks Consensus Estimate of $0.44 per share. Revenues for the quarter rose 50.7% year-over-year to come in at $410.70 million •    Joy Global (NYSE:JOY) reported Q4 EPS of $1.83, lower than the Zacks Consensus estimate of $1.86 per share. Revenues for the quarter increased 27% to $1.3 billion, marginally lower than the Zacks Consensus Estimate of $1.35 billion •    Share prices of computer server maker Silicon Graphics International Corp. (NASDAQ:SGI) fell 18.18% to close at $11.48 after its CEO resigned to take up the same roles at another company •    Shares of solar panel maker First Solar Inc. (NASDAQ:FSLR) plummeted 21.42% a day after the company further trimmed its revenue forecast for the year •    Bloomberg’s analysis of data from ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/15/avp-company-news-for-december-15-2011-corporate-summary/88688/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Systems Announces Preliminary Results</title>
		<link>http://www.stockbloghub.com/2011/12/01/pay-verifone-systems-announces-preliminary-results/87848</link>
		<comments>http://www.stockbloghub.com/2011/12/01/pay-verifone-systems-announces-preliminary-results/87848#comments</comments>
		<pubDate>Thu, 01 Dec 2011 15:04:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87848</guid>
		<description><![CDATA[VeriFone Systems Inc. (PAY), an electronic payment solutions provider, recently reported preliminary results for the fourth quarter of 2011. The company expects revenues between $409 million and $411 million, up from its previous estimate of $395 million and $400 million. Excluding amortization of step-down in deferred revenue on acquisition, VeriFone expects revenues between $414 million and $416 million. Earlier in the month, VeriFone signed a definitive agreement with Nordic Capital Fund V to acquire European-based Point for approximately €600 million or $824 million. VeriFone will also retire Point’s debt of approximately €170 million. Management expects to close the acquisition by the end of 2011. The transaction is expected to be accretive to the bottom line by $0.08 – $0.10 in fiscal 2012 and by $0.30 – $0.35 in fiscal 2013. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/01/pay-verifone-systems-announces-preliminary-results/87848/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Systems Buys Point in Europe</title>
		<link>http://www.stockbloghub.com/2011/11/15/pay-verifone-systems-buys-point-in-europe/87005</link>
		<comments>http://www.stockbloghub.com/2011/11/15/pay-verifone-systems-buys-point-in-europe/87005#comments</comments>
		<pubDate>Tue, 15 Nov 2011 16:58:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87005</guid>
		<description><![CDATA[VeriFone Systems, Inc. (PAY) has signed a definitive agreement with Nordic Capital Fund V to acquire European-based Point for approximately €600 million or $824 million. VeriFone will also retire Point’s debt of approximately €170 million. Management expects to close the acquisition by the end of 2011. The transaction is expected to be accretive to the bottom-line by $0.08 – $0.10 in fiscal 2012 and by $0.30 – $0.35 in fiscal 2013. VeriFone expects the acquisition to add approximately $260 million to  the top-line in the first year. The acquisition is also expected to be immediately accretive to gross margins, operating margins and growth rates. VeriFone expects total services revenue to exceed 30% of total sales in fiscal 2012 and 50% by fiscal 2015. The company will provide detailed guidance on December ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/15/pay-verifone-systems-buys-point-in-europe/87005/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PAY) VeriFone Systems Aquires South African-based Destiny Electronic Commerce</title>
		<link>http://www.stockbloghub.com/2011/07/03/pay-verifone-systems-aquires-south-african-based-destiny-electronic-commerce/78275</link>
		<comments>http://www.stockbloghub.com/2011/07/03/pay-verifone-systems-aquires-south-african-based-destiny-electronic-commerce/78275#comments</comments>
		<pubDate>Sun, 03 Jul 2011 19:24:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[HYC]]></category>
		<category><![CDATA[Hypercom Corporation]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78275</guid>
		<description><![CDATA[VeriFone Systems, Inc. (PAY) recently completed the acquisition of South African based Destiny Electronic Commerce Ltd. Headquartered in Johannesburg with offices in Cape Town and Durban, Destiny Electronic Commerce provides secure payment technologies, services and solutions at the point of sale for Sub-Saharan Africa and the Indian Ocean Islands. With this acquisition, management expects to expand its footprint in South Africa, which has sound growth prospects backed by exceptional infrastructure. VeriFone stated that the acquisition will provide an opportunity to the company to expand in a potential $100 million market. Further, Destiny’s management team, headed by former CEO Llewellyn Walters, and 160 employees have already been integrated into the company. With the economy recovering, revenue growth at Verifone should accelerate in fiscal 2011. In November 2010, VeriFone announced that it ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/03/pay-verifone-systems-aquires-south-african-based-destiny-electronic-commerce/78275/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AZO) Company News for March 02, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/03/03/azo-company-news-for-march-02-2011-corporate-summary/67886</link>
		<comments>http://www.stockbloghub.com/2011/03/03/azo-company-news-for-march-02-2011-corporate-summary/67886#comments</comments>
		<pubDate>Thu, 03 Mar 2011 21:25:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AutoZone Inc.]]></category>
		<category><![CDATA[AZO]]></category>
		<category><![CDATA[Boston Scientific Corporation]]></category>
		<category><![CDATA[BSX]]></category>
		<category><![CDATA[Carnival Corporation]]></category>
		<category><![CDATA[CCL]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Eastman Chemical Company]]></category>
		<category><![CDATA[EMN]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LO]]></category>
		<category><![CDATA[Lorillard Inc.]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[TIVO]]></category>
		<category><![CDATA[TiVo Inc.]]></category>
		<category><![CDATA[UHS]]></category>
		<category><![CDATA[Universal Health Services Inc.]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67886</guid>
		<description><![CDATA[• AutoZone (NYSE:AZO) reported Q2 EPS of $3.34, ahead of the Zacks Consensus Estimate of $3.06 per share. Revenues for the quarter rose 10.3% year-over-year to $1.66 billion, above the Zacks Consensus Estimate of $1.631 billion • TiVO (NASDAQ:TIVO) reported a Q4 loss of $0.30 per share, higher than the Zacks Consensus Estimate for a loss of $0.28 per share. Revenues for the quarter fell 19% year-over-year to $55.8 million, above the Zacks Consensus Estimate of $53.0 million • Verifone (NYSE:PAY) reported Q1 EPS of $0.43, ahead of the Zacks Consensus Estimate of $0.33 per share. Revenues for the quarter rose 27% year-over-year to $283.8 million, above the Zacks Consensus Estimate of $268.0 million • Reports of legal losses accounting up to $4.5 billion pulled JP Morgan (NYSE:JPM) down during the day’s trade • RBC ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/03/azo-company-news-for-march-02-2011-corporate-summary/67886/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(CPB) Company News for November 23, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/11/23/cpb-company-news-for-november-23-2010-corporate-summary/60284</link>
		<comments>http://www.stockbloghub.com/2010/11/23/cpb-company-news-for-november-23-2010-corporate-summary/60284#comments</comments>
		<pubDate>Tue, 23 Nov 2010 20:22:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[Campbell Soup Company]]></category>
		<category><![CDATA[CPB]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[J. Crew Group]]></category>
		<category><![CDATA[JCG]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[MDT]]></category>
		<category><![CDATA[Medtronic Inc]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Piper Jaffray Companies]]></category>
		<category><![CDATA[PJC]]></category>
		<category><![CDATA[Red Hat Inc.]]></category>
		<category><![CDATA[RHT]]></category>
		<category><![CDATA[Textron Inc.]]></category>
		<category><![CDATA[TXT]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60284</guid>
		<description><![CDATA[• Hewlett-Packard (NYSE:HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm&#8217;s new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE:CPB) reported its fiscal first-quarter missed by a penny, coming in at $0.82 on revenues off by 1.4% at $2.17 billion, shy of estimates of $2.19 billion • Johnson &#38; Johnson (NYSE:JNJ) recalled 4.8 million packages of children&#8217;s Benadryl and Motrin • Medtronic (NYSE:MDT) posted fiscal second quarter profits of $0.82, for a 1-cent beat, on a 1.7%, inline revenue gain to $3.90 billion • J Crew (NYSE:JCG) reportedly is nearing an agreement to be acquired for $2.8 billion, or $43.50 per share • Piper Jaffray (NYSE:PJC) upgraded Red Hat (NYSE:RHT) from ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/23/cpb-company-news-for-november-23-2010-corporate-summary/60284/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAI) Hypercom Investors Investors Love Company Turning Down $290 Million</title>
		<link>http://www.stockbloghub.com/2010/10/26/aai-hypercom-investors-investors-love-company-turning-down-290-million/56281</link>
		<comments>http://www.stockbloghub.com/2010/10/26/aai-hypercom-investors-investors-love-company-turning-down-290-million/56281#comments</comments>
		<pubDate>Tue, 26 Oct 2010 16:27:30 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Regional Airlines]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[3PAR]]></category>
		<category><![CDATA[AAI]]></category>
		<category><![CDATA[AirTran Holdings Inc]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[HYC]]></category>
		<category><![CDATA[Hypercom Corporation]]></category>
		<category><![CDATA[LUV]]></category>
		<category><![CDATA[PAR]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Southwest Airlines Company]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56281</guid>
		<description><![CDATA[by Alexander Moschina, Investment U Research Friday, October 22, 2010 There’s nothing like a good takeover deal to really light a fire under a company’s shares. Take AirTran (NYSE: AAI), for example. Its shares catapulted 168% higher after the firm accepted a bid from Southwest (NYSE: LUV). And then there’s data service provider 3PAR (NYSE: PAR). As HP (NYSE: HPQ) and Dell (Nasdaq: DELL) engaged in a month-long bidding war, the stock surged by 240%. But sometimes – though not often – rejecting a takeover offer can launch a stock higher, too. And that’s precisely what happened on September 30 when an under-the-radar payment technology company shot down a $290 million bid from a larger rival. It may sound like suicide, but the move launched shares of this Phoenix-based manufacturer ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/26/aai-hypercom-investors-investors-love-company-turning-down-290-million/56281/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Aquires Remaining Stake in VeriFone Transportation Systems</title>
		<link>http://www.stockbloghub.com/2010/04/05/pay-verifone-aquires-remaining-stake-in-verifone-transportation-systems/32733</link>
		<comments>http://www.stockbloghub.com/2010/04/05/pay-verifone-aquires-remaining-stake-in-verifone-transportation-systems/32733#comments</comments>
		<pubDate>Mon, 05 Apr 2010 17:41:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[CHA]]></category>
		<category><![CDATA[China Mobile Limited]]></category>
		<category><![CDATA[China Telecom Corporation Limited]]></category>
		<category><![CDATA[China Unicom Hong Kong Limited]]></category>
		<category><![CDATA[CHL]]></category>
		<category><![CDATA[CHU]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32733</guid>
		<description><![CDATA[VeriFone Holdings, Inc. (PAY) announced the acquisition of the remaining minority interest in VeriFone Transportation Systems (VTS) and aligned all VTS operations within VeriFone’s Integrated Systems organization. Financial terms of the deal were not disclosed. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. In 2005, VTS was formed as a joint venture with TaxiTronic, Inc., for the purpose of equipping taxis with integrated fleet management and customer payment systems. The acquisition of the remaining minority interest in VTS allows VeriFone to further drive the rapid adoption of the payment systems within the transportation segment, particularly in international markets. Management expects that the Integrated Solutions organization will now advance VeriFone’s development and implementation of integrated ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PAY) VeriFone Holdings Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/03/17/pay-verifone-holdings-earnings-scorecard/30937</link>
		<comments>http://www.stockbloghub.com/2010/03/17/pay-verifone-holdings-earnings-scorecard/30937#comments</comments>
		<pubDate>Wed, 17 Mar 2010 22:34:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30937</guid>
		<description><![CDATA[Following the release of better-than-expected first quarter results and an increase in guidance by VeriFone Holdings Inc. (PAY), we recently upgraded our rating on the stock to Outperform from Neutral. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. Revenues of $223.4 million in the first quarter of fiscal 2010 were up 2.6% sequentially and up 4.4% year over year. Earnings per share (EPS) came in at 26 cents, easily beating the Zacks Consensus Estimate of 18 cents. AGREEMENT IN REVISIONS Management has also upgraded its guidance. VeriFone now expects revenues between $925 million and $940 million in 2010, up from the previous estimate of $900 million to $945 million. Earnings per share (EPS) are ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Holdings Incorporated &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2010/03/17/pay-verifone-holdings-incorporated-bull-of-the-day/30894</link>
		<comments>http://www.stockbloghub.com/2010/03/17/pay-verifone-holdings-incorporated-bull-of-the-day/30894#comments</comments>
		<pubDate>Wed, 17 Mar 2010 22:32:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30894</guid>
		<description><![CDATA[Over the past few quarters, VeriFone (PAY) experienced lower-than-expected revenue levels and a softer demand globally due to weak markets and adverse economic conditions. However, results for the fiscal first quarter were ahead of expectations. EPS came in at $0.26, easily beating the Zacks Consensus Estimate of $0.18. Management stated that business has begun to recover in both domestic and international markets, and revised its guidance for 2010. VeriFone now sees revenues reaching $925-$940 million in 2010, up from the previous estimate $900-$945 million. EPS is forecasted to be between $1.00 and $1.10, up from the previous estimate of between 97 cents and $1.07. Based on a brighter outlook for 2010, we upgrade our recommendation on VeriFone to Outperform from Neutral. Zacks Investment Research]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Holdings Tops Earnings Estimates</title>
		<link>http://www.stockbloghub.com/2010/03/03/pay-verifone-holdings-tops-earnings-estimates/29579</link>
		<comments>http://www.stockbloghub.com/2010/03/03/pay-verifone-holdings-tops-earnings-estimates/29579#comments</comments>
		<pubDate>Wed, 03 Mar 2010 21:27:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29579</guid>
		<description><![CDATA[VeriFone Holdings Inc. (PAY) reported revenues of $223.4 million in the first quarter of fiscal 2010, up 2.6% sequentially and up 4.4% year over year. Systems Solutions generated revenues of $188.0 million, up 1.2% year over year. Services revenue increased 11% sequentially and 25% year over year. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. Revenue from international operations increased 2% sequentially. Latin America increased 14% and Europe grew 1% while Asia declined 11%. Revenues from North America increased 3% sequentially. Petroleum and some of the smaller vertical solutions grew while the multi-lane retail business was steady compared to fourth quarter levels. Gross margin came in at 39.2%, up from 37.9% in the prior ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PAY) VeriFone Holdings Wins Sberbank Order</title>
		<link>http://www.stockbloghub.com/2010/02/25/pay-verifone-holdings-wins-sberbank-order/29059</link>
		<comments>http://www.stockbloghub.com/2010/02/25/pay-verifone-holdings-wins-sberbank-order/29059#comments</comments>
		<pubDate>Thu, 25 Feb 2010 23:15:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29059</guid>
		<description><![CDATA[VeriFone Holdings Inc. (PAY) announced that the company received a multimillion-dollar order for its payment solutions by Sberbank, Russia’s largest bank. Sberbank, which ultimately intends to distribute approximately 130,000 payment solutions among merchants, has selected VeriFone as its leading vendor. The bank will utilize VeriFone’s countertop and wireless payment solutions, as well as PIN pads. Meanwhile, VeriFone is expected to report first quarter 2010 results on March 2, 2010. Management expects revenues between $215 million and $218 million in the first quarter of fiscal 2010. Earnings per share are projected around 22 cents – 23 cents. The current Zacks Consensus Estimate for the first quarter of 2010 is 18 cents per share compared to management’s projection of 22 – 23 cents. For the full year of fiscal 2010, VeriFone expects ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PAY) VeriFone Holdings Launches New Initiative</title>
		<link>http://www.stockbloghub.com/2010/01/05/pay-verifone-holdings-launches-new-initiative/24186</link>
		<comments>http://www.stockbloghub.com/2010/01/05/pay-verifone-holdings-launches-new-initiative/24186#comments</comments>
		<pubDate>Tue, 05 Jan 2010 23:11:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24186</guid>
		<description><![CDATA[VeriFone Holdings,Inc. (PAY) recently announced a strategic initiative to leverage its current and future payment assets into the rapidly growing payment-enabled media marketplace. Management stated that consumers now want to take advantage of electronic payment options in locations that offer unique media and marketing opportunities. VeriFone currently provides advertising opportunities on a number of its taxi cab payment systems in New York City. Management now intends to broaden this footprint nationwide and begin a major initiative introducing other payment-enabled media opportunities. As part of this new initiative, VeriFone is announcing a major refresh of its taxicab technology to include IP-connected Flash 10 technology and dynamic content generation capabilities. VeriFone intends to roll this technology out to all of its New York taxicabs by June 2010. Additionally, VeriFone intends to build ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/05/pay-verifone-holdings-launches-new-initiative/24186/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PAY) VeriFone Holdings Beats Earnings Estimates</title>
		<link>http://www.stockbloghub.com/2009/12/15/pay-verifone-holdings-beats-earnings-estimates/22905</link>
		<comments>http://www.stockbloghub.com/2009/12/15/pay-verifone-holdings-beats-earnings-estimates/22905#comments</comments>
		<pubDate>Wed, 16 Dec 2009 05:43:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22905</guid>
		<description><![CDATA[VeriFone Holdings, Inc. (PAY) yesterday reported revenues of $217.8 million in its fiscal fourth quarter, up 11% from a year ago level and beating management’s expectations of $208 million to $215 million. International business decreased 14% while net revenues North America business decreased 6%. In particular, Asia grew 9%, and Europe increased 2%. Gross margin came in at 37.9% compared to 34.7% in the year-ago quarter. This was mainly due to a lower inventory charge compared to the year-ago quarter. Net income came in at 26 cents per share easily beating the Zacks Consensus Estimate of 20 cents. During the quarter, the company generated $75 million of cash from operations. Inventory declined by $2.6 million in the fourth quarter to $96 million, compared to $168 million at the end of fiscal ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PAY) Earnings Preview for VeriFone Holdings</title>
		<link>http://www.stockbloghub.com/2009/12/14/pay-earnings-preview-for-verifone-holdings/22762</link>
		<comments>http://www.stockbloghub.com/2009/12/14/pay-earnings-preview-for-verifone-holdings/22762#comments</comments>
		<pubDate>Tue, 15 Dec 2009 01:38:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22762</guid>
		<description><![CDATA[VeriFone Holdings Inc. (PAY) is expected to report fourth quarter and fiscal 2009 results later today. Management had earlier stated that business has begun to recover in both domestic and international markets. The company expects revenues between $208 million and $215 million in the fourth quarter of fiscal 2009. Earnings per share (EPS) are estimated between 23 cents and 25 cents. The company doesn’t expect a meaningful decline in inventory in the quarter but is exploring alternative supply chain structures with contract manufacturers, which should result in further reductions in 2010. For full year 2009, VeriFone projects revenues between $835 million and $842 million. EPS is projected between 83 cents and 85 cents. Management expects the worldwide economy will recover moderately and expects a 10% growth in 2010. Although there ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PAY) VeriFone Holdings Forms Global Security Solutions Business Unit</title>
		<link>http://www.stockbloghub.com/2009/10/14/pay-verifone-holdings-forms-global-security-solutions-business-unit/17591</link>
		<comments>http://www.stockbloghub.com/2009/10/14/pay-verifone-holdings-forms-global-security-solutions-business-unit/17591#comments</comments>
		<pubDate>Wed, 14 Oct 2009 16:51:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17591</guid>
		<description><![CDATA[VeriFone Holdings Inc. (PAY) recently announced the formation of its Global Security Solutions Business Unit. This unit will focus on delivering innovative security solutions including VeriShield Protect end-to-end encryption, which protects cardholder data throughout merchant and processor systems. The business will focus on sales, consulting and implementation of VeriShield Protect and VeriShield Retain and future initiatives are aimed at helping retailers and processors protect consumer data. VeriFone also plans to focus on reducing the complexities and costs of PCI compliance. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. Earlier, Verfione doubled its investment in the security technology developer Semtel Corp. and announced that it will become the lead investor in a Series B financing ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>($PAY) VeriFone Report Doubles Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2009/09/02/pay-verifone-doubles-consensus-estimates/14184</link>
		<comments>http://www.stockbloghub.com/2009/09/02/pay-verifone-doubles-consensus-estimates/14184#comments</comments>
		<pubDate>Wed, 02 Sep 2009 19:57:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14184</guid>
		<description><![CDATA[VeriFone Holdings Inc. (PAY) yesterday reported revenues of $211.2 million for the third quarter. Revenues were down 18.4% year over year but up 4.7% sequentially. Revenues from Asia were strong in particular, posting a 74% sequential growth. However, revenues from Latin America declined 24%. On a non-GAAP basis, gross margin was 36.8% compared to 33.8% in the prior quarter and 37.6% in the year-ago quarter. Operating expenses were down 45% year over year. The majority of the improvement came from a reduction in net inventory related charges. VeriFone had earlier made provisions for excess inventory in order to adjust to lower demand. On a GAAP basis, EPS was 26 cents compared to 22 cents in the previous quarter and a loss of 9 cents in the year-ago quarter. On a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/02/pay-verifone-doubles-consensus-estimates/14184/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PAY) VeriFone Management Not Expecting Rebound</title>
		<link>http://www.stockbloghub.com/2009/08/28/pay-verifone-management-not-expecting-rebound/13812</link>
		<comments>http://www.stockbloghub.com/2009/08/28/pay-verifone-management-not-expecting-rebound/13812#comments</comments>
		<pubDate>Fri, 28 Aug 2009 23:25:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[PAY]]></category>
		<category><![CDATA[Verifone Holdings Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13812</guid>
		<description><![CDATA[San Jose, California-based VeriFone Holdings Inc. (PAY) designs, markets and services transaction automation systems that facilitate electronic payments between consumers, merchants and financial institutions. The company is expected to report third-quarter results on Sept. 1. Management is not expecting any rebound in overall markets in the near future as the economy still reels under the effect of deep recession. The company will thus keep on seeing contractions of inventory in the North American distribution network, failures of large retailers and possible collapse of businesses that will disrupt its network. VeriFone also continues to face currency translation risk. A significant chunk of inventory reduction and lower capital expenditures resulted in free cash flow of $60 million during the second quarter. However, management indicated in the earnings conference call that inventory may ]]></description>
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