Stifel Nicolaus Initiates Verifone With Hold

Analysts at Stifel Nicolaus initiated coverage on shares of Verifone Systems

with a Hold rating. Verifone shares have jumped 51.41% over the past 52 weeks, while the S&P 500 index has gained 15.74% in the same period. Verifone's shares fell 3.45% to close at $35.02 yesterday.