Garmin Ltd.
News and overview for Garmin Ltd.
Business Highlights
Star Tribune (Minneapolis-St. Paul, Minn.) | 25 days 15 hours 32 minutes ago
New home sales fall a surprising 3.6 percent WASHINGTON (AP) — Sales of new homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane.
TomTom Chief Says Prices of Navigation Devices Will Drop More; Shares Fall
Bloomberg | 26 days 2 hours 42 minutes ago
Oct. 28 (Bloomberg) -- TomTom NV Chief Executive Officer Harold Goddijn said the average selling price of its personal navigation devices will continue to fall in the fourth quarter, sending the stock lower.
BIZBITS
Tampa Tribune (Fla.), The | 24 days 17 hours 23 minutes ago
Stardek files for Chapter 11 Stardek, a Seffner company that makes decorative coatings for driveways and pool decks, has filed for bankruptcy protection. Stardek's parent company, Color Crown Corp., f...
Business news briefs: 10/29/09
Pittsburgh Post-Gazette | 25 days 8 hours 36 minutes ago
Damon's chain files for bankruptcy reorganization The restaurant chain Damon's International has filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court for the Western District of Pennsylvania, just days after another chain owned by the same Pittsburgh-based company submitted its filing. Both Damons and Max & Erma's Inc., which filed for Chapter 11 bankruptcy last week, were bought in 2008 by G&R Acquisitions, led by Gary Reinert Sr. Both were based in Columbus, Ohio.
Dow closes above 10,000 for the first time in a year
Kansas City Star (Mo.), The | 39 days 9 hours 45 minutes ago
Wall Street did more than cross back over the 10,000 milestone Wednesday. It rediscovered feeling normal.
Dow returns to familiar ground, closes above 10,000 for first time in a year
Kansas City Star (Mo.), The | 39 days 8 hours 46 minutes ago
Wall Street did more than cross back over the 10,000 milestone Wednesday. It rediscovered feeling normal.
Wishing for a Windows winner: Microsoft, Motorola make moves on Macs
Chattanooga Times Free Press (Tenn.) | 23 days 38 minutes ago
The Mac and PC characters on the well-known Apple television commercials may seem civil, but Microsoft and other tech companies are launching new projects to try and steal some of the appeal from the iPod and iPhone producer.
US HOT STOCKS: Apollo, Goodyear Tire, Massey Energy, Harris
Wall Street Journal, The | 25 days 20 hours 24 minutes ago
U.S. stocks traded lower Wednesday, as the Dow Jones Industrial Average fell 43 points to 9837, the S&P 500 lost 11 points to 1052 and the Nasdaq Composite dropped 34 points to 2082. Among the companies whose shares are actively trading in the session are Apollo Group Inc. (APOL), Goodyear Tire & Rubber Co (GT) and Massey Energy Co. (MEE).
Reportlinker Adds Global and China Car Navigation Industry Report, 2009-2010 Report [Press Release]
Business Wire | 42 days 4 hours 45 minutes ago
Reportlinker.com announces that a new market research report is available in its catalogue.
Reportlinker Adds Global Positioning System Market 2008-2012 Report [Press Release]
Business Wire | 42 days 5 hours ago
Reportlinker.com announces that a new market research report is available in its catalogue.
ITS America, IBM, Spencer Trask & Partners Announce the Winner in Challenge for Traffic Congestion Solutions [Press Release]
PRNewswire | 60 days 22 hours 47 minutes ago
STOCKHOLM, Sept. 23 /PRNewswire-FirstCall/ --The Intelligent Transportation Society of America (
Handango Announces 2009 Handango Champion Awards Winners
FierceWireless | 41 days 18 hours 39 minutes ago
Handango, the world's leading provider of multi-platform smartphone apps, today announced its 2009 Handango Champion Award winners recognizing the most innovative and outstanding mobile apps and... Read more >>
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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 |