Company News for June 13, 2012 - Corporate Summary

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•    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 earnings per share of $0.16, matching the Zacks Consensus Estimate of $0.16

•    FactSet Research Systems Inc. (NYSE: FDS ) posted third quarter earnings per share of $1.08, beating the Zacks Consensus Estimate of $1.04

•    Michael Kors Holdings Ltd (NYSE: KORS ) reported fourth quarter earnings per share of $0.21, surpassing the Zacks Consensus Estimate of $0.16
 


 
FACTSET RESH (FDS): Free Stock Analysis Report
 
FINISAR CORP (FNSR): Free Stock Analysis Report
 
MICHAEL KORS (KORS): Free Stock Analysis Report
 
VERIFONE HLDGS (PAY): Free Stock Analysis Report
 
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Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: FDS , FNSR , KORS , PAY

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