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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
 


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