o 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
o Finisar Corporation (NASDAQ:FNSR) reported fourth quarter earnings per share of $0.16, matching the Zacks Consensus Estimate of $0.16
o FactSet Research Systems Inc. (NYSE:FDS) posted third quarter earnings per share of $1.08, beating the Zacks Consensus Estimate of $1.04
o Michael Kors Holdings Ltd (NYSE:KORS) reported fourth quarter earnings per share of $0.21, surpassing the Zacks Consensus Estimate of $0.16
To read this article on Zacks.com click here.
Zacks Investment Research
