Garmin Ltd.

News and overview for Garmin Ltd.

Verizon's Droid to challenge iPhone
Monterey County Herald (Calif.), The | 25 days 4 hours 1 minute ago
NEW YORK Verizon Wireless' answer to the iPhone the Droid will go on sale for $200 next week as the company taps into the growing appetite for smart phones that go far beyond making calls.


Verizon says iPhone challenger goes on sale Nov. 6
Yahoo! | 25 days 19 hours 11 minutes ago
Verizon Wireless will start selling its answer to the iPhone the Droid for $200 next week as the company taps into the growing appetite for smart phones that go far beyond making calls.


Sales of Verizon Wireless' iPhone rival to start Nov. 6
Philadelphia Inquirer, The | 25 days 5 hours 53 minutes ago
NEW YORK - Verizon Wireless will start selling its answer to the iPhone - the Droid - for $200 next week as the company taps into the growing appetite for smartphones that go far beyond making calls.


TomTom profit down 48 percent in Q3
CNBC | 26 days 2 hours 29 minutes ago
AMSTERDAM - TomTom NV, the Dutch maker of navigation devices, reported Wednesday a 48 percent fall in net profit for the third quarter, due largely to price cuts to attract buyers amid the economic downturn.


Droid, Verizon's answer to iPhone, on sale Nov. 6
Sun (Lowell, Mass.), The | 24 days 19 hours 27 minutes ago
NEW YORK -- Verizon Wireless will start selling its answer to the iPhone -- the Droid -- for $200 next week as the company taps into the growing appetite for smart phones that go far beyond making calls.


Droid: Verizon Gets Next Best Thing To An iPhone
Hartford Courant (Conn.), The | 17 days 9 hours 18 minutes ago
Verizon Wireless is still kicking itself in the headset for declining Apple's offer two years ago to become the exclusive United States distributor of the iPhone .


Droid, Verizon's IPhone Challenger, Debuts Nov. 6 by The Associated Press
National Public Radio | 25 days 16 hours 54 minutes ago
Verizon Wireless' answer to the iPhone the Droid will go on sale for $200 next week as the company taps into the growing appetite for smart phones that go far beyond making calls.


Verizon's iPhone challenger, Droid, goes on sale Nov. 6
Tennessean (Nashville), The | 25 days 4 hours 57 minutes ago
NEW YORK Verizon Wireless' answer to the iPhone the Droid will go on sale for $200 next week as the company taps into the growing appetite for smart phones that go far beyond making calls.


Verizon's Droid to go on sale Nov. 6
Detroit Free Press | 13 days 4 hours 29 minutes ago
NEW YORK Verizon Wireless answer to the iPhone the Droid will go on sale next week for $200.Verizon revealed details today after intensely advertising the device in recent weeks.


US HOT STOCKS: WellCare, Ambac, Con-way, Bank of Ireland, Magna
Wall Street Journal, The | 18 days 16 hours 54 minutes ago
U.S. stocks traded higher Wednesday as the Dow Jones Industrial Average gained 108 points to 9880, the S&P 500 rose 10 points to 1055 and the Nasdaq Composite climbed 12 points to 2069. Among the companies whose shares are actively trading in the session are WellCare Health Plans Inc. (WCG), Ambac Financial Group Inc. (ABK) and Con-way Inc. (CNW).


US HOT STOCKS: Whole Foods, Hot Topic Active In Late Trading
Wall Street Journal, The | 18 days 13 hours 54 minutes ago
U.S. stocks closed mixed Wednesday as the Dow Jones Industrial Average gained 30 points to 9802, the S&P 500 edged up 1 point to 1046 and the Nasdaq Composite slipped 2 points to 2055. Among the companies whose shares are active in late trading are Whole Foods Market Inc, (WFMI), Hot Topic Inc. (HOTT) and Cisco Systems Inc. (CSCO).


US HOT STOCKS: WellCare, Ambac, Con-Way, Bank of Ireland
Wall Street Journal, The | 18 days 20 hours 50 minutes ago
U.S. stocks traded higher Wednesday as the Dow Jones Industrial Average gained 139 points to 9910, the S&P 500 rose 14 points to 1059, and the Nasdaq Composite climbed 20 points to 2077. Among the companies whose shares are actively trading in the session are WellCare Health Plans Inc. (WCG), Ambac Financial Group Inc. (ABK) and Con-Way Inc. (CNW).


US HOT STOCKS: WellCare, Ambac, Con-Way, Magna
Wall Street Journal, The | 18 days 18 hours 54 minutes ago
U.S. stocks traded higher Wednesday as the Dow Jones Industrial Average gained 119 points to 9891, the S&P 500 rose 11 points to 1056 and the Nasdaq Composite climbed 15 points to 2073. Among the companies whose shares are actively trading in the session are WellCare Health Plans Inc. (WCG), Ambac Financial Group Inc. (ABK) and Con-Way Inc. (CNW).


2nd UPDATE:BEFORE THE BELL:US Stk Futures Inch Up After ADP Data
Wall Street Journal, The | 18 days 22 hours 54 minutes ago
(Updates to add ADP data, latest available prices) By Steve Goldstein U.S. stock futures inched up on Wednesday after Automatic Data Processing Inc. (ADP) data showed private-sector employment for October fell 203,000.


Motorola Droid Makes Its Debut
Wall Street Journal, The | 25 days 9 hours 59 minutes ago
Motorola Inc. and Verizon Wireless on Wednesday unveiled the Droid smart phone, which the companies plan to aggressively push as a challenger to Apple Inc.'s iPhone.





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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