Stock Market & Financial Investment News

News Breaks February 20, 2013 16:13 EDT PAY VeriFone says lower Q1, Q2 estimates due to weak macro's in Europe Says the lower than expected results for the first quarter were driven primarily by: Continued weak macro-economic conditions in Europe; Increased focus and investments throughout 2012 on longer-term service initiatives in multiple jurisdictions at the expense of near-term hardware and software features and customization projects that were reduced or delayed, which resulted in missed revenue opportunities; An increase in deferred revenue related to volume shipments made during the quarter to a new mix of customers in the Middle East and Africa. These shipments did not meet first quarter revenue recognition requirements; Lower than anticipated revenue from large Brazilian customers, as well as political and economic uncertainty in Venezuela, typically a strong market for VeriFone; and Several customers electing to delay major projects beyond the first quarter, as well as the cancelled Washington, D.C. taxi project. News For PAY From The Last 14 Days Check below for free stories on PAY the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 12, 2013 11:44 EDT PAY Options with decreasing implied volatility: CTRX CIEN PAY ANN Subscribe for More Information June 11, 2013 11:43 EDT PAY Options with decreasing implied volatility: SUPN OPK ANN NAV PAY Subscribe for More Information 08:24 EDT PAY VeriFone management to meet with UBS Meeting to be held in New York on June 11 hosted by UBS. June 6, 2013 16:22 EDT PAY On The Fly: Closing Wrap Subscribe for More Information 13:00 EDT PAY VeriFone plunges after results, guidance miss expectations Subscribe for More Information 12:40 EDT PAY On The Fly: Midday Wrap Subscribe for More Information 09:39 EDT PAY Active equity option families trading Active equity option families trading on open according to Track Data: AAPL TSLA GOOG SODA PAY 09:15 EDT PAY VeriFone shares remain attractive, says Susquehanna Subscribe for More Information 09:13 EDT PAY On The Fly: Pre-market Movers Subscribe for More Information 08:44 EDT PAY VeriFone guidance looks worst case scenario, says SunTrust Subscribe for More Information 08:39 EDT PAY VeriFone plunges after earnings miss, levels to watch The shares are down over 17% in the pre-market after the company missed expected Q2 EPS by 5 cents, and slashed its Q3 outlook to earnings of 20 cents per share versus consensus of 50 cents. At the current price of $18.20, next support is at $17.89. Resistance is at $19.13. June 5, 2013 18:48 EDT PAY On The Fly: After Hours Movers Subscribe for More Information 16:05 EDT PAY VeriFone down 9% after earnings, guidance miss expectations Subscribe for More Information 16:04 EDT PAY VeriFone sees Q3 EPS ex-items 20c, consensus 50c Subscribe for More Information 16:03 EDT PAY VeriFone reports Q2 EPS ex-items 42c, consensus 47c Subscribe for More Information 15:26 EDT PAY Notable companies reporting after the market close Subscribe for More Information 12:32 EDT PAY On The Fly: Midday Wrap Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.