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VeriFone CEO Defends Growth Plans As Stock Falls

Thu 06 Sep 12 | 10:18 AM ET
"I'm in for the long-haul; I just bought a bunch of shares a few months ago. I think this company is going to do fantastic in the new world of payments," says Douglas Bergeron, VeriFone chairman & CEO, defending his company's weaker-than-expected third quarter earnings; the slowdown in Europe; and growing competition in the electronic payment space.

 
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