Company News for June 13, 2012 - Corporate Summary

"    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
 
 
To read this article on Zacks.com click here.
 
Zacks Investment Research