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Garmin Ltd

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  • AMSTERDAM, May 4- Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom's digital mapping architecture lies behind a renaissance that has seen its automotive division...

  • US stocks end lower following weak economic growth Wednesday, 29 Apr 2015 | 4:08 PM ET

    NEW YORK— Stocks are closing lower as traders react to weak U.S. economic growth. The economy skidded nearly to a halt in the first three months of the year, the government reported early Wednesday. Garmin and Buffalo Wild Wings were among the stocks that fell after reporting disappointing earnings.

  • NEW YORK— Stocks are moving mostly lower at midday as traders reacted to weak U.S. economic growth and some disappointing earnings. Garmin and Buffalo Wild Wings were among the stocks that fell after reporting disappointing earnings. The Dow Jones industrial average fell 67 points, or 0.4 percent, to 18,041 as of 11:55 a.m. Eastern time.

  • NEW YORK— Stocks are opening mostly lower as traders reacted to weak U.S. economic growth and some disappointing earnings. Garmin and Buffalo Wild Wings were among the stocks that fell after reporting disappointing earnings. The Dow Jones industrial average fell 70 points, or 0.4 percent, to 18,037 as of 9:35 a.m. Eastern time.

  • April 29- GPS-based gadgets maker Garmin Ltd's quarterly revenue rose much less than expected as a strong dollar ate into its overseas income. Despite the currency headwinds, Garmin maintained its full-year forecast, just as its Dutch rival TomTom NV did last week. Garmin's net sales rose marginally to $585.4 million in the first quarter ended March 28, missing...

  • Garmin misses Street 1Q forecasts Wednesday, 29 Apr 2015 | 7:12 AM ET

    SCHAFFHAUSEN, Switzerland _ Garmin Ltd. on Wednesday reported first-quarter earnings of $66.8 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Garmin shares have declined 10 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 3 percent.

  • Garmin profit falls 43.8 pct Wednesday, 29 Apr 2015 | 7:09 AM ET

    April 29- Garmin Ltd, a maker of GPS-based gadgets, reported a 43.8 percent fall in quarterly profit, hurt by a strong dollar and weakness in its auto and outdoor businesses. The company's net income fell to $66.8 million, or $35 per share, in the first quarter ended March 28, from $118.8 million, or 61 cents per share, a year earlier. Net sales rose marginally to $585.4...

  • April 28- Wearable camera maker GoPro Inc forecast current-quarter profit and revenue above analysts' expectations, citing strong demand for its flagship Hero4 action cameras. GoPro, whose cameras are used by surfers, skydivers and other action junkies, said it was focusing on Japan, Korea and China markets. GoPro gets about half of its total revenue from...

  • April 28- Wearable camera maker GoPro Inc reported quarterly profit and revenue that beat Wall Street expectations as sales surged outside of the United States. GoPro, which makes cameras used by surfers, skydivers and other action junkies, said international sales accounted for more than half of revenue in the first quarter. GoPro, whose devices account for...

  • Early movers: HLF, TSLA, QCOM, IBM, TM & more Monday, 6 Apr 2015 | 8:47 AM ET
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    Some of the names on the move ahead of the open.

  • Early movers: MSFT, BID, GE, HPQ, NFLX & more Monday, 16 Mar 2015 | 7:40 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • 19 stocks that will take Nasdaq to 6,000 Tuesday, 3 Mar 2015 | 8:41 AM ET
    Amazon's Jeff Bezos

    If the bullish trend remains intact, here are the stocks that could lift the Nasdaq to 6,000.

  • Your first trade for Thursday Wednesday, 18 Feb 2015 | 6:17 PM ET

    The "Fast Money" traders give their final trades of the day.

  • US STOCKS-Wall St ends nearly flat; Fed minutes support Wednesday, 18 Feb 2015 | 4:31 PM ET

    NEW YORK, Feb 18- The Dow and S&P 500 ended barely lower on Wednesday after a drop in energy shares but declines were limited by minutes from the latest Federal Reserve meeting, which showed policymakers are concerned about raising interest rates too soon. Exxon Mobil, which fell 2.2 percent to $91.01, was the biggest drag on both the S&P 500 and Dow following an...

  • Stocks close off lows after Fed minutes; Exxon weighs Wednesday, 18 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mostly lower on Wednesday despite surprisingly dovish Fed minutes, amid apparent progress in the Greece-euro zone negotiations.

  • *Exxon down, Deere up as Berkshire discloses new stakes. Investors also continued to watch whether a debt deal would be reached with Greece. "A lot of people are focused on the Fed minutes, but that issue is kind of interwoven with the situation in Europe," said David Lebovitz, global market strategist at J.P.

  • UPDATE 2-Garmin expects stronger dollar to slow growth Wednesday, 18 Feb 2015 | 9:48 AM ET

    Feb 18- Garmin Ltd, a maker of GPS-based gadgets, said a stronger dollar would slow revenue growth and forecast a profit below market estimates for the full year. Garmin gets a little less than half its revenue from outside the United States, primarily from Europe, Middle East and Africa. Garmin forecast revenue of about $2.9 billion and pro forma earnings of about...

  • Wall Street uneasy after record high; Greece deal eyed Wednesday, 18 Feb 2015 | 8:43 AM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stock index futures signaled a lower open on Wednesday, after the Greek government said it would request a loan extension from the euro zone.

  • Early movers: HLT, HOT, ACT, FOSL, CAT & more Wednesday, 18 Feb 2015 | 7:50 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Feb 18- Garmin Ltd, a maker of GPS-based gadgets, said a stronger dollar would slow down revenue growth and forecast a profit below market estimates for the full year. Garmin shares were down 6.5 percent in premarket trading. Sales of personal navigation devices, a business Garmin once dominated, fell about 11 percent in the fourth quarter ended Dec. 27.