Long-term Investments to Fuel Growth: Acquisitions, Stronger Leadership Team and Powerful Product Pipeline - Research Report on VeriFone, Pitney Bowes, Canon, Avery and KaspStone

NEW YORK, June 18, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting VeriFone Systems, Inc (NYSE: PAY), Pitney Bowes Inc. (NYSE: PBI), Canon Inc. (NYSE: CAJ), Avery Dennison Corporation (NYSE: AVY) and KapStone Paper and Packaging Corporation (NYSE: KS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

VeriFone Systems, Inc Research Report

On June 5, VeriFone Systems, Inc. (VeriFone) reported its Q2 FY 2013 financial results (period ended April 30, 2013). The Company reported non-GAAP net revenues of $430 million, a 10.4% YoY decrease. Non-GAAP net income per diluted share was $0.42, a 34.4% decrease. Commenting on the results, Richard McGinn, Interim Chief Executive Officer, said, "We are keenly aware of the significant short-term challenges impacting our fiscal year 2013 financial results. To regain our momentum, we are addressing the critical issues head-on. We have empowered a new senior leadership team. We are substantially increasing our R&D investment to best serve our customers and regain competitiveness in markets where we have product gaps. And, we have increased our focus on cash management, as evidenced by our generation of $79 million of operating cash flow in the second quarter." The company stated that it expects modest sequential increases in non-GAAP net revenues and non-GAAP net income per diluted share in Q4 FY 2013. The Full Research Report on VeriFone Systems, Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/d9b1_PAY]

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Pitney Bowes Inc. Research Report

On June 4, 2013, Pitney Bowes Inc. (Pitney Bowes) announced that Roger Pilc will join as the Company's Executive Vice President and Chief Innovation Officer. He will lead worldwide engineering, strategic technology and innovation, enterprise growth initiatives and technology alliances. Pilc joins Pitney Bowes from CA Technologies, the leading enterprise management software provider. "A critical component in our transformative journey is to continue to innovate around our products, services and business processes. True innovation is, by definition, client-centric, multi-disciplinary and global," said Marc Lautenbach, President and Chief Executive Officer of Pitney Bowes. "Roger has the skill set, the strong background and the know-how to ensure innovation continues to drive our culture." The Full Research Report on Pitney Bowes Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/a781_PBI ]

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Canon Inc. Research Report

On June 12, 2013, Canon Inc. (Canon) announced that the Company is developing a new handheld display for its MREAL System for Mixed Reality (MR), which will follow the HM-A1 head-mounted display launched in July 2012 to augment the company's product lineup. Canon stated that its MREAL System is a next-generation design/production solution tool that merges the real world with virtual, computer-generated images in real time to create a new "mixed" reality. Canon is also developing new software that realizes improved accuracy and convenience for the MREAL System when used in conjunction with a dedicated third-party position-alignment camera and carpet-type markers. While detailed specifications and pricing of the handheld display and software currently under development have yet to be decided, Canon aims to commercialize the products at the end of 2013. The Full Research Report on Canon Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/5936_CAJ]

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Avery Dennison Corporation Research Report

On June 12, 2013, Avery Dennison Corporation (Avery Dennison) announced the expansion of its Prime Film portfolio by the addition of four new facestocks with a Bleached Glassine (BG) liner. The Prime Film Portfolio is an engineered family of films purpose-built for the specific marketing and containers needs of the home and personal care, food and beverage market segments. The film constructions in the portfolio are anchored with the Company's S7000 adhesive. "Our S7000 adhesive has shown customers the increased productivity and performance it delivers through hundreds of print runs and billions of square inches," said Paul Purdef, Films Product Manager, North America. "By adding a BG liner, we are able to offer customers more options while still delivering operational improvements." The complete portfolio has been designed with S7000 to offer excellent performance in both converting and dispensing. The S7000 adhesive delivers 50% less ooze, reducing adhesive contamination and clean-up. The Full Research Report on Avery Dennison Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/47f0_AVY]

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KapStone Paper and Packaging Corporation Research Report

On June 10, 2013, KapStone Paper and Packaging Corporation (KapStone) and Longview Fibre Paper and Packaging, Inc. jointly announced that they have signed an agreement for KapStone to acquire the stock of Longview Fibre Paper and Packaging, Inc. from Brookfield Capital Partners II for $1 billion in cash. Chairman and Chief Executive Officer of KapStone, Roger W. Stone, stated, "Acquiring Longview is an outstanding opportunity for numerous reasons. The acquisition immediately adds value for our shareholders by increasing earnings and generating very strong free cash flow. The deal is accretive to our bottom-line from Day 1. Our balance sheet, which was strong going into this transaction, remains strong after the acquisition. The combined company is expected to deliver substantial free cash flow in the first year allowing KapStone to quickly de-lever." The transaction is expected to close in the summer of 2013. The Full Research Report on KapStone Paper and Packaging Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/3333_KS]

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SOURCE Wall Street Reports