San Jose, Calif.-based communications equipment company VeriFone Systems Inc. reported 8% year-over-year organic revenue growth in the quarter ended October 2012. We expect that the company will continue to increase its presence in global merchant payment systems markets and post strong organic revenue growth over the coming year, with leverage contained under 3x. We are revising our rating outlook on the company to positive from stable, and affirming our ratings, including the 'BB-' corporate credit rating. The positive outlook reflects the company's favorable trends and prospects for a sustained reduction in leverage. NEW YORK (Standard&Poor's) Dec. 18, 2012--Standard&Poor's Ratings Services revised its rating outlook on San Jose, Calif.-based VeriFone Systems Inc. to positive from stable. At
