Garmin Ltd.
News and overview for Garmin Ltd.
Garmin expected to release third-quarter profits, revenues below a year ago
Sun (Baltimore), The | 19 days 4 hours 33 minutes ago
Navigational device maker Garmin Ltd. is expected to report lower third-quarter profits and revenues from a year ago.
Garmin reports financial results for the third quarter of 2009
News-Medical.Net | 19 days 3 hours 50 minutes ago
Garmin Ltd. (Nasdaq: GRMN) today announced third quarter results for the period ended September 26, 2009.
AT&T and Garmin Announce a New Mobile Navigation Era With nuvifone, the Navigation Phone [Press Release]
PRNewswire | 55 days 4 hours 4 minutes ago
...Garmin International Inc., a unit of Garmin Ltd. today announced the Garmin nuvifone...International Inc. is a subsidiary of Garmin Ltd. , the global leader in satellite...aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands...
Garmin expected to release third-quarter profits, revenues below a year ago -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 19 days 5 hours 5 minutes ago
OLATHE, Kan. (AP) — Navigational device maker Garmin Ltd. is expected to report lower third-quarter profits and revenues from a year ago.
Schaeffer's Daily Option Blog: Google Drama Draws Out-of-the-Money Option Activity on Garmin Ltd. [Press Release]
Business Wire | 23 days 21 hours 51 minutes ago
Garmin Ltd. (NASDAQ: GRMN) has garnered quite a bit of attention in the options pits lately, after search heavyweight Google (NASDAQ: GOOG) announced plans to enter the GPS arena. On Thursday, the navigation issue saw roughly 6,600 puts and almost 9,000 calls cross the tape, more than doubling its average daily volume of fewer than 3,100 puts and 3,600 calls.
Critical Alerts for Verizon, Home Depot, Garmin, Total, and Harley-Davidson Released by Seven Summits Research [Press Release]
PRNewswire | 24 days 22 hours 36 minutes ago
Critical Alerts for Verizon, Home Depot, Garmin, Total, and Harley-Davidson Released by Seven Summits...Verizon Communications Inc. , The Home Depot, Inc. , Garmin Ltd. , Total SA , and Harley-Davidson, Inc. . In today...
Amazon Launches Frustration-Free Packaging Certification Program [Press Release]
Business Wire | 7 days 3 hours 7 minutes ago
Amazon.com, Inc. (NASDAQ:AMZN) today announced the launch of the Frustration-Free Packaging certification program (www.amazon.com/ffp-certification). The new initiative is designed to increase the number of Frustration-Free packaged items available to customers by making it easier for manufacturers to participate in Amazon's Frustration-Free Packaging program.
Critical Alerts for Caterpillar, Garmin, Newmont Mining, Time Warner Cable, and Annaly Released by Seven Summits Research [Press Release]
PRNewswire | 54 days 3 hours 4 minutes ago
Critical Alerts for Caterpillar, Garmin, Newmont Mining, Time Warner Cable, and Annaly Released by...PriceWatch Alerts cover the following stocks: Caterpillar Inc. , Garmin Ltd. , Newmont Mining Corp. , Time Warner Cable Inc. , and Annaly...
Cisco, Qualcomm lead broad tech advance - MarketWatch
MarketWatch | 18 days 47 minutes ago
Read more about Cisco's earnings report.
Critical Alerts for Garmin, Chesapeake Energy, Urban Outfitters, Big Lots, and Bunge Released by Seven Summits Research [Press Release]
PRNewswire | 108 days 3 hours 35 minutes ago
Critical Alerts for Garmin, Chesapeake Energy, Urban Outfitters...PriceWatch Alerts cover the following stocks: Garmin Ltd. , Chesapeake Energy Corporation , Urban...Outfitters Inc. , Big Lots Inc. , and Bunge Ltd. . In today's unsure markets these...
Fitch Rates Johnson County, Kansas' Unlimited Tax GOs 'AAA' [Press Release]
Business Wire | 6 days 13 minutes ago
Fitch Ratings has assigned its 'AAA' rating to the Johnson County, Kansas' (the county) $20.925 million internal improvement bonds, series 2009B and $18.52 million internal improvement refunding bonds, series 2009C. Both series of bonds are general obligations (GOs) of the county payable from its unlimited tax pledge. Furthermore, the bonds are payable from capital finance charges, which effectively are wastewater fees and charges. Proceeds from the series 2009B transaction will be used for w...
UPDATE:Garmin 3Q Profit Up 26% On Better Margins; Stock Falls
Wall Street Journal, The | 18 days 19 hours 49 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Though Garmin Ltd.'s (GRMN) third-quarter results easily topped Street estimates, shares tumbled as much as 16% on continuing fears about competition from Google Inc. (GOOG) in the navigation business.
TomTom Stock Loses Its Way
Wall Street Journal, The | 5 hours 35 minutes ago
Of MARKETWATCH TomTom NV (TOM2.AE) shares have lost their sense of direction over the last month, with the stock down by more than a third, as worries about competition and third-quarter earnings lead the stock off route.
Holiday forecast spurs decline in Garmin stock
Kansas City Star (Mo.), The | 18 days 11 hours 58 minutes ago
Despite a better third quarter than expected, Garmin Ltd. saw its stock price plunge Wednesday after forecasting a less profitable holiday period.
Garmin profit rises despite lower sales
American City Business Journals | 19 days 1 hour 46 minutes ago
Garmin Ltd. was able to navigate around a 10 percent drop in third-quarter sales to post a 25 percent increase in earnings.
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Company Overview
| Company: | Garmin Ltd. |
|---|---|
| Industry: | Satellite & Broadcast Network Equipment |
| Website: | http://www.garmin.com |
You may not know where you're headed, but Garmin can tell you where you are. The company manufactures navigation products that use global positioning system (GPS) technology to wirelessly deliver geographic location data through satellite communications. Its portable products incorporate electronic maps and navigational charts. Garmin also makes communications devices which combine cellular and GPS technology. Boat maker Ranger and airplane maker New Piper incorporate Garmin equipment into their vehicles. The company sells its consumer products through retailers including Bass Pro Shops, Best Buy, and Wal-Mart. Chairman and CEO Min Kao owns about 23% of Garmin.
Key Numbers
| Sales in U.S. Dollars (mil.) | 3,494.1 (2008) |
|---|---|
| One-year % Growth in Sales | 9.9 (2008) |
| Net Income in U.S. Dollars (mil.) | 732.8 (2008) |
| One-year % Growth in Net Income | -14.3 (2008) |
| Number of Employees | 8,919 (2008) |
| One-year % Growth in Number of Employees | 5.8 (2008) |
| Fiscal Year-End | December |