Related Blog Posts from the Wikinvest Wire
|2/22/13||Value Alert - VeriFone Holdings (Wax Ink)|
Texas ( Feb. 22, 2013) Wax Ink has issued an Investment Interest rating for VeriFone Holdings, Inc. (NYSE: PAY) based on a recent value review which placed fair value between $27-$30. The stock closed recently at $18.24, approximately 15% above the fair value buy target for the stock and approximately 44% below the fair value close target for the stock. The recent close is 26% below analysts’ $24.50 median target for the stock. In the past 52 weeks, share prices have moved...
|12/18/12||(PAY) VeriFone Systems Misses by a Penny (Stock Blog Hub)|
VeriFone Systems Inc (PAY) posted a net income of $26.9 million or 24 cents in the fourth quarter of 2012 compared with a net income of $37.7 million or 34 cents per share in the third quarter of 2012 and $198.8 million or $1.94 per diluted share in the year-ago quarter. Excluding one-time charges but including [...]
|11/18/12||(PAY) VeriFone Systems to Upgrade PayLife System (Stock Blog Hub)|
VeriFone Systems, Inc. (PAY) recently inked an agreement with Austrian company PayLife to install new VeriFone VX 680 wireless solution and VX 825 PIN acceptance system to upgrade or replace the existing systems for monetary transactions. VeriFone provides electronic payment system solutions for the financial, retail, hospitality, petroleum, transportation, government and health care markets. PayLife is a [...]
|10/9/12||(PAY) Finish Line Deploys VeriFone Systems’ Solutions (Stock Blog Hub)|
VeriFone Systems, Inc. (PAY) recently announced that Indiana-based retailer The Finish Line (FINL) has deployed its mobile checkout and multimedia-driven countertop payment solutions to improve the shopping experience of its consumers, following a successful trial. Headquartered in Indianapolis, Indiana, The Finish Line retails performance and athletic casual shoes, as well as apparel and accessories for men, [...]
|7/15/12||Century Bancorp Says Will Buy Back Up to 300k Shares (Phil’s Stock World)|
Courtesy of Benzinga. Verifone (NYSE: PAY): On Wednesday, Verifone announced that it has been awarded a five year contract by the [...]
|6/14/12||(FDS) Company News for June 13, 2012 – Corporate Summary (Stock Blog Hub)|
• Shares of VeriFone Systems, Inc. (NYSE:PAY) lost 5.9% after it disclosed that a Texas federal jury had given a verdict in favor of its rival CardSoft Inc. in a litigation filed against VeriFone for patent infringement. VeriFone will have to pay $15.4 million for infringement damages and royalties • Finisar Corporation (NASDAQ:FNSR) reported fourth quarter [...]
|3/5/12||VeriFone Systems Inc (PAY) Q4 Earnings of $0.58 a Share (ValueWalk.com)|
[caption id="" align="aligncenter" width="208" caption="Via Wikimedia Commons"][/caption] Verifone Systems Inc (NYSE:PAY), the international payment solution provider, released its earning report for Q4 2011 today, Monday, at 4:30 PM EST. It’s net revenues were $425 million compared with $411 Million in Q4 $ 317 million in Q3, and $292 in Q2 of 2011. Net revenues for the entire [...]
|1/28/12||The Wax Ink Portfolio (Wax Ink)|
The Wax Ink portfolio gained 5% for the week, and is up 16.4% year to date. Strong movement by Dorman Products (DORM), W.R. Grace (GRA), Agrium (AGU), Schweiter Maudit (SWM), Verifone (PAY) and Kaman Corporation (KAMN), were the chief reasons for the strong upward weekly trend. We continue to be slightly optimistic that the current macro economic trend is sustainable, even though there are huge global uncertainties at this time. Most accredited investors have been through such...
|1/17/12||Sabrient Risers – 1/18/2012 (Phil’s Stock World)|
Top 5 RisersStockRatingAnalysisWLLBUYAn increasingly attractive expected long term growth rate and a significantly higher projected valuation from just a few weeks ago make Whiting a company to watch.CZZBUYThe projected value for Cosan Ltd is still rising quickly even though past earnings have already improved significantly.PAYBUYVeriFone is one of the top candidates projected to achieve both [...]
|12/1/11||(PAY) VeriFone Systems Announces Preliminary Results (Stock Blog Hub)|
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 [...]
|11/28/11||VeriFone Announces Certain Preliminary Financial Results for Q4 FY11 and Guidance for FY12 (Penny Stock DD)|
-(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYSE: PAY - News), the global leader in secure electronic payment solutions, today announced certain preliminary financial results for the three months ended October 31, 2011 (“Q4 FY11”) and financial guidance for the next fiscal quarter and year. The un-audited figures, including an Adjusted EBITDA measure, are being released to [...]
|11/15/11||(PAY) VeriFone Systems Buys Point in Europe (Stock Blog Hub)|
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 [...]
|9/7/11||Losing Streak Over (PAY, DRI, OMX, YHOO, CONN, CHRM) (tickerspy.com)|
Stocks broke their September losing streak, soaring on the day. The market was spurred on by news out of Europe, where Germany's high court ruled it was legal for the country to have participated in joint EU bailouts and Italy's Senate approved an austerity plan. The beleaguered financials led the charge higher. Meanwhile, there was [...]
|9/4/11||The Fool Looks Ahead (Penny Stock DD)|
Monday The market is closed in observation of Labor Day, so don't try to set the New York Stock Exchange bell as your wake-up alarm. In most cases, you won't be needing it, anyway. Tuesday Pep Boys(NYSE: PBY -4.01%, news), VeriFone(NYSE: PAY -0.51%,news), and Altera(Nasdaq: ALTR -3.28%, news) are some of the first companies reporting during the abridged trading week. Analysts see year-over-year improvement on the [...]
|8/22/11||VeriFone Systems, Inc. Short trade closed Profitable trade (Trading with the Average Jay)|
This morning trade in VeriFone Systems, Inc.(Public, NYSE:PAY) was on a recommendation. The trade ended with a profit, but more then that a valuable lesson that I know many a traders might be trying to learn too. I followed the plan for entering the trade placing all stops and profit targets. Here is where things went a little off course. Once the trade was open I changed the plan and thought to take 1/2 off the table at S1 and keep the other half at the .37 profit target. What I did...
|7/3/11||(PAY) VeriFone Systems Aquires South African-based Destiny Electronic Commerce (Stock Blog Hub)|
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 [...]
|6/22/11||PAY OFF: Trump Lands $160 Million Pay Day For Celebrity Apprentice (Wall Street Sector Selector)|
Looks like Donald Trump's fake presidential candidacy paid off. Big time. The New York Post reports that NBC Universal, which was acquired by Comcast earlier this year, has agreed to pay Trump and Apprentice co-producer Mark Burnett an es...
|4/7/11||Corrections Triggered on Insider Selling at NYSE: (LOW, QTM, PAY) (Penny Stock DD)|
Lowe's Companies, Inc. (NYSE:LOW) witnessed the correction of 0.41% and closed at $26.67 whereas overall traded volume stood at 8.51 million shares for the day. The company stands in profit with the profit margin of 4.12%. The company is in highly profitability with ROE of 10.72%. Quantum Corporation (NYSE:QTM) went down by 0.73% to close at [...]
|3/16/11||Google Wants You to Pay with Your Phone (GOOG, PAY, AAPL) (Wall Street Sector Selector)|
The next thing a smartphone will replace, if Google Inc. (NASDAQ: GOOG) has its way, is your credit/debit card. The Wall Street Journal reports that the maker of the Android smartphone operating system is working with Verifone Systems, Inc. (NYSE: PAY)...
|3/10/11||Jack Dorsey: It’s Unfair, Square Is Totally Secure (Wall Street Sector Selector)|
Square CEO Jack Dorsey released a letter in response to competitor Verifone's allegation that Square is insecure. Verifone built an app that can skim the credit card info from the Square reader. He says Verifone's allegations are "(un)fair and inaccura...
|3/9/11||Verifone Thinks It’s Fine To Detail Security Holes…In Competitors’ Products (PAY) (Wall Street Sector Selector)|
Blogger Rod Begbie points out some blatant hypocrisy from mobile payments company Verifone. Verifone sells card readers to merchants who use them to accept debit card transactions. In 2007, a security researcher found that it would be fairly easy for a...
|2/15/11||Card Readers to Generate $11 Billion in Sales (Penny Stock DD)|
New technology spawns still more technology. Such is the case with smart phones. Entrepreneurs have found a way to facilitate buying with your smart phone. Companies like Intuit (INTU) and VeriFone (PAY) have created a card reader that can be inserted into your iPhone (AAPL) or other smart phone. Then you can [...]
|2/15/11||NYSE Top Price Jumps in Focus: (KV.A, TSO, NCT, PAY, HYC) (Penny Stock DD)|
K-V Pharmaceutical Company (NYSE:KV.A) went up by 49.09% to close at $6.53 with overall traded volume of 7.77 million shares in the last trading session. Its outstanding shares stood at 49.86 million. Its total market capitalization arrived at $325.59 million. Tesoro Corporation (NYSE:TSO) moved up by 7.94% and closed at $23.66 whereas total traded volume [...]
|12/27/10||Gainers at NYSE Consumer Goods Sector: (CCE, ZQK, PAY, STZ, SKX) (Penny Stock DD)|
Coca-Cola Enterprises Inc. (NYSE: CCE) surged by 1.08% and closed at $25.27 whereas overall traded volume stood at 2.77 million shares for the day. Its price to earnings ratio arrives at 14.20 times till its last trading session. The current market price is 2.39% more than its last 50 days simple moving average. Quiksilver, Inc. (NYSE: [...]
|12/17/10||Mobile Banking: Why VeriFone Systems Inc. (NYSE: PAY) is Positioned to Win (Money Morning)|
With the emergence of handset-driven e-commerce technology, banks, mobile-phone sellers and telecom-service providers are working feverishly to cook up a profitable recipe for the fast-growing mobile-banking business. But with so many players setting up shop - and so many potential new mobile-payment services on the menu - the safest profit play for investors may be the one that's able to deliver all these services to end-users. And we've identified a clear early leader. For...
|12/11/10||Looking at Key Players in Mobile Payment Revolution (Penny Stock DD)|
VeriFone (PAY) is one of the key players in a growing movement to replace credit cards with smartphone payment applications. As a result, the San Jose company has seen its stock nearly triple in the past year. VeriFone is among the top five holdings of my Silicon Valley 2.0 portfolio, which has outperformed [...]
|12/6/10||Trading results 12/6/10 (Robert Weinstein Trading Blog)|
After spending the whole weekend coding I now have a new entry generator for B9 confirmation. My wrists hurt from all the typing but this post is important so I will give it what I can. Two of my trades on Friday where results of errors and not poor trading or at least not totally [...]
|12/2/10||VeriFone Swings To Q4 Profit, Tops Estimate; Guides Q1, FY11 Above Street (Penny Stock DD)|
(RTTNews) - Electronic payment solutions company VeriFone Systems, Inc (PAY: News ), Thursday reported a swing to profit in its fourth quarter, helped by a rise in revenues across all of its geographies, and an one-time income tax benefit. The company also provided its outlook for the first quarter, as well as for fiscal year 2011, both [...]
|12/1/10||VeriFone: Earnings Preview (Penny Stock DD)|
Zacks.com VeriFone Holdings Inc. (PAY) is scheduled to report fiscal fourth quarter and fiscal 2010 results on December 2, 2010. VeriFone expects revenues between $258 million and $262 million in the fourth quarter, up 18%–21% year over year and almost flat sequentially compared to $261.0 million reported in the third quarter of [...]
|10/28/10||First Data and VeriFone Collaborate on Data Security (Benzinga)|
First Data Corporation and VeriFone Systems, Inc. (NYSE: PAY), today announced the companies are working together to offer a VeriFone edition of the First Data® TransArmorSM solution to U.S. multi-lane and petroleum merchants. This will enable businesses using VeriFone's MX 800 series of devices, Secure PumpPay and the Ruby point-of-sale (POS) solutions to take advantage of a complete security solution combining VeriFone's VeriShield encryption along with tokenization technology from RSA,...
|10/26/10||VeriFone Extends Mobile Payments Acceptance with PayPal (Benzinga)|
VeriFone Systems, Inc. (NYSE: PAY) today announced that it will expand eBay, Inc.'s (NASDAQ: EBAY) PayPal payment acceptance in the mobile environment and further integrate the worlds of online and traditional card-based payments. During PayPal X Innovate 2010, the companies showcased the planned integration of PayPal payment with VeriFone's PAYware Mobile card encryption sleeve for iPhone and announced: PayPal's merchant acceptance application will be...
|10/20/10||VeriFone and Gemalto Announce Strategic Partnership (Benzinga)|
VeriFone Systems, Inc. (NYSE: PAY) and Gemalto today announced a comprehensive strategic partnership: The two companies will jointly pursue new chip card solutions based on the global EMV payment standard, particularly as U.S. retailers and card networks increasingly acknowledge chip card and contactless technologies as a core component of a comprehensive security infrastructure. The two companies are also in exclusive discussions for VeriFone to acquire Gemalto's point of sale...
|10/4/10||VeriFone Acquires Majority Ownership of ABS (Benzinga)|
VeriFone Systems, Inc. (NYSE: PAY) today announced it has acquired an 80 percent ownership of Italy integrator and software developer All Business Solutions from ABS' founders and from ACI Informatica, which will retain a minority ownership share. Financial terms were not disclosed. Building on its ABScard gateway and loyalty platform, ABS provides a single integrated technology platform and professional services for transaction-based applications including prepaid, loyalty, fare...
|9/30/10||Calls Active As Verifone Rallies (PAY) (Benzinga)|
Shares of VeriFone Systems, Inc. (NYSE: PAY) are higher on the session by 5.58%, currently trading at $30.67. The stock has been moving largely higher for the past six months, moreover for the past year, and is at a new 52-week high. Options traders are coming after calls today. Though action has been primarily in small lots, call volume is now running at 3x the daily average with 76% of all calls traded being purchases on the offer. Traders are buying the $30, $32, and $33 strikes in...
|9/30/10||Hypercom Rejects Verifone's Unsolicited Buyout Offer Of $5.25 Per Share (Benzinga)|
Shares of Hypercom Corp (NYSE: HYC) jumped in pre-market trading as the company announced the rejection of an unsolicited buyout offer of $5.25 per share from VeriFone Systems Inc (NYSE: PAY). Hypercom believes that the offer by PAY undervalues the electronic-payments firm. VeriFone has offered to acquire all the remaining common shares of HYC for $5.25 per share, representing a 33% premium to its six-month average price. "Hypercom believes that VeriFone's proposal is opportunistic and...
|9/30/10||Morgan Keegan Disccuses Verifone Holdings Hostile Bid For Hypercom (PAY) (Benzinga)|
Morgan Keegan takes a look at VeriFone Systems, Inc. (NYSE: PAY), after the company announced a hostile bid for Hypercom. It rates shares of Verifone at Outperform, and has a $32 price target. In the research report, Morgan Keegan writes, "We believe this transaction (especially the combined US small business segment and the UK) may come with regulatory hurdles with the combination of the second and third largest global terminal makers. Regardless of regulatory approval, we continue to...
|9/21/10||VeriFone Exclusive Payment Solutions Supplier for Newly Opened Marina Bay Sands Resort (PAY) (Benzinga)|
VeriFone Systems, Inc. (NYSE: PAY), today announced that its payment solutions have been deployed exclusively to serve customers at the recently opened Marina Bay Sands Hotel and casino in Singapore. With over 2,500 rooms and suites, the three towers of the Marina Bay Sands Hotel is the biggest hotel in Singapore and, together with the casino resort and a conference centre, is Asia's leading destination for business, leisure and entertainment. Selected by two of Asia's financial...
|9/20/10||VeriFone Exclusive Payment Solutions Supplier Of Marina Bay Sands Resort (Benzinga)|
VeriFone Systems, Inc. (NYSE: PAY), today announced that its payment solutions have been deployed exclusively to serve customers at the recently opened Marina Bay Sands Hotel and casino in Singapore. With over 2,500 rooms and suites, the three towers of the Marina Bay Sands Hotel is the biggest hotel in Singapore and, together with the casino resort and a conference centre, is Asia's leading destination for business, leisure and entertainment. Click here to get today's best trading ideas.
|9/3/10||How To Fail Miserably At Being Ethical (Wall Street Sector Selector)|
How To Fail Miserably At Being Ethical Courtesy of Jr. Deputy Accountant Want to fail miserably at being ethical? It’s easy, all you have to do is be this guy: I need someone to take CPA Ethics test for me Date: 2002-01-03, 10:08PM PST Local CPA candidate has no time to study; will PAY you to take the ethics exam for me! Serious replies, only. You must have passed test in California within last two years. No joke, that’s a real Best Of Craigslist. Fun and somewhat...
|8/25/10||PAY (Samurai Trader)|
Not only the best of very few breakouts, the best of very few new highs. This is a near classic cup and handle pattern, but with a pretty serious flaw: a big drop right after it hit the top of the handle. It did come on relatively low volume, so it may be a "no harm, no foul" situation, but I would be willing t bet O'Neil wouldn't go anywhere near this. It did get nice volume on earnings. and closed above the breakout point, but with current market weakness this is probably pretty risky trade.
|7/6/10||IT’S TIME TO PAY FOR LUNCH (THE PRAGMATIC CAPITALIST)|
We can’t escape the feeling that the check for lunch is about to come due.
|4/5/10||(PAY) VeriFone Aquires Remaining Stake in VeriFone Transportation Systems (Stock Blog Hub)|
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 [...]
|3/17/10||(PAY) VeriFone Holdings Earnings Scorecard (Stock Blog Hub)|
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 [...]
|3/17/10||(PAY) VeriFone Holdings Incorporated – Bull of the Day (Stock Blog Hub)|
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 [...]
|3/3/10||(PAY) VeriFone Holdings Tops Earnings Estimates (Stock Blog Hub)|
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 [...]
|2/25/10||(PAY) VeriFone Holdings Wins Sberbank Order (Stock Blog Hub)|
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 [...]
|1/5/10||(PAY) VeriFone Holdings Launches New Initiative (Stock Blog Hub)|
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 [...]
|12/15/09||(PAY) VeriFone Holdings Beats Earnings Estimates (Stock Blog Hub)|
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 [...]
|12/14/09||(PAY) Earnings Preview for VeriFone Holdings (Stock Blog Hub)|
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 [...]
|12/10/09||Bluepoint daily market view – December 11, 2009 (Blue-Point-Trading)|
CEO BONUS PAY, CEO BONUS PAY, CEO BONUS PAY this is all I hear !!! It just proves these CEOs could care less about the companies they manage. These people are supposed to be our leaders and captains of our industries ... and its all about getting yours, even if the ship goes down. You [...]