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It had to write off most of the goodwill over the next few months, and one year later that line item had shrunk to $37 billion. Investors punished the stock along the way, sending it down to $27. ...
What: Shares of retail payment device maker VeriFone. Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case ...
Non-GAAP net income per diluted share for the full year ended October 31, 2012 ("FY12") was $2.74, a 43% year-over-year increase over the $1.92 figure for the full year ended October 31, 2011 ...
Hewlett-Packard acquired Verifone in a $1.18bn stock-swap deal in April 1997. [29] Four years later Verifone was sold to Gores Technology Group in May 2001. In 2002 Verifone was recapitalized by GTCR Golder Rauner, LLC. In 2005, Verifone was listed as a public company on New York Stock Exchange (NYSE: PAY). [30] [31] [32] [33]
VeriFone Systems (NYS: PAY) carries $832 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
With its stock having plunged after giving troubling guidance back in February, the payment processor has something to prove to investors in this quarter's report. What VeriFone Has to Do to ...
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VeriFone Systems posted fourth-quarter and full-year earnings results after the closing bell on Tuesday that beat analyst estimates. To be fair, though, Wall Street wasn't expecting very much from ...