VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance - S&P Global Ratings’ Credit Research

VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance

VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance - S&P Global Ratings’ Credit Research
VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance
Published Mar 30, 2011
Published Mar 30, 2011
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Abstract:

U.S. electronic payment solutions provider VeriFone's operating performance and credit metrics have improved over the past year. While antitrust matters remain outstanding, VeriFone is on track to complete the acquisition of Hypercom by the second half of 2011. We are affirming our 'BB-' corporate credit rating on the company. We are revising our outlook on VeriFone to positive from stable, reflecting our expectation of improving revenues and profits and sustained leverage at or below current levels. SAN FRANCISCO (Standard&Poor's) March 30, 2011--Standard&Poor's Ratings Services said today that it revised its outlook on San Jose, Calif.-based VeriFone Systems Inc. to positive from stable. In addition, we affirmed our 'BB-' corporate credit rating on the company and our

  
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Ratings Action

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Issuer
GICS
Electronic Equipment Manufacturers (45203010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance" Mar 30, 2011. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/VeriFone-Systems-Inc-Outlook-Revised-To-Positive-On-Improved-Operating-Performance-857662>
  
APA:
S&P Global Ratings’ Credit Research. (). VeriFone Systems Inc. Outlook Revised To Positive On Improved Operating Performance Mar 30, 2011. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/VeriFone-Systems-Inc-Outlook-Revised-To-Positive-On-Improved-Operating-Performance-857662>
  
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