Garmin Ltd (GRMN) 48.75 $GRMN
Philips, Qualcomm Tie Up to Develop Connected Health Care
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 8:41AM CDT
Koninklijke Philips N.V. (PHG) and Qualcomm Life, Inc., a subsidiary of semiconductor and telecommunications equipment provider Qualcomm Incorporated (QCOM), have entered into a partnership to foster the development of ???connected health???.
DAKT: 9.73 (+0.16), PHG: 29.59 (+0.28), QCOM: 63.35 (-0.12), GRMN: 48.75 (-0.11)
Garmin(R) Confirms September 30 Dividend Payment
BusinessWire - Thu Sep 01, 10:38AM CDT
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 30, 2016 as the payment date for the next dividend installment of $0.51 per share with a record date of September 15, 2016, per the approval previously provided at the 2016 annual shareholders' meeting. At the 2016 annual meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.04 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs), payable in four equal installments on dates to be determined by the board in its discretion. The first payment was made on June 30, 2016. The board currently anticipates the scheduling of the remaining quarterly dividend installments as follows:
GRMN: 48.75 (-0.11)
Garmin(R) introduces the Forerunner(R) 35, adds built-in Elevate(TM) wrist-based heart rate to an easy-to-use GPS running watch
BusinessWire - Wed Aug 31, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Forerunner 35, its newest GPS-enabled running watch with built-in Garmin Elevate wrist-based heart rate(1) technology that allows runners to monitor their heart rate 24/7 without a chest strap. The easy-to-use Forerunner 35 tracks essential data like distance, pace and personal records, and thanks to its built-in GPS, runners can track how far, how fast and where they're running all without worrying about carrying a phone too. In between runs, the stylish Forerunner 35 doubles as an all-day activity tracker(1) as it counts steps, calories and intensity minutes, so users can still record progress and activities even when they're not running. The Forerunner 35 also includes smartwatch functionality including smart notifications(2) and music controls(2) right from the device.
GRMN: 48.75 (-0.11)
Garmin(R) unveils VIRB(R) Ultra 30: A best-in-class Ultra HD 4K action camera with exclusive features
BusinessWire - Wed Aug 31, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the VIRB Ultra 30, a waterproof(1) action camera with the power to shoot stunning Ultra HD footage at 4K/30fps. Conveniently small and lightweight, the VIRB Ultra 30 is rugged and ready for adventure with purpose-built features for users to tailor and relive their action-packed VIRB footage. Thanks to its high precision sensors and GPS, the action camera automatically gathers meaningful G-Metrix(TM) data to show how far, how high, and how fast users live their adventures. The versatile VIRB Ultra 30 introduces a suite of exclusive features unmatched by any other action camera on the market. This includes voice control(2), an intuitive LCD color touchscreen, one-touch live streaming(3), 3-axis image stabilization, and more. The action camera's simplicity allows thrill-seekers to focus on their favorite sport or activity without complicated camera operations.
GRMN: 48.75 (-0.11)
DeLorme's new owner will continue printing Gazetteers
AP - Tue Aug 30, 4:42PM CDT
YARMOUTH, Maine (AP) — The Swiss company that bought Maine-based DeLorme last winter says it's going to continue to publish the popular DeLorme Atlas & Gazetteers for all 50 states.
GRMN: 48.75 (-0.11)
Garmin(R) G5000(TM) Integrated Flight Deck receives STC for Beechjet 400A/Hawker 400XP
BusinessWire - Tue Aug 30, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the Federal Aviation Administration (FAA) has granted supplemental type certification (STC) for the G5000 avionics suite in the Beechjet 400A/Hawker 400XP aircraft. The G5000 modernizes the cockpit, increases aircraft utility, offers significant weight savings and provides operators with a solution to fulfill global next generation airspace initiatives. Additionally, the G5000 upgrade offers lower cost of operation and solves parts obsolescence with zero-time avionics.
GRMN: 48.75 (-0.11)
Fitbit makes exercise even more of a game
By ANICK JESDANUN - AP - Mon Aug 29, 12:27PM CDT
NEW YORK (AP) — Fitbit wants to help you exercise more by making you think you're hiking famous trails instead of strolling around your neighborhood.
GRMN: 48.75 (-0.11)
Philips Unveils Latest IntelliSpace Cardiovascular Version
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 9:21AM CDT
Koninklijke Philips N.V. (PHG) expanded its healthcare portfolio with the launch of the latest version of Cardiovascular Image and Information Management System, IntelliSpace Cardiovascular 2.1.
AMKR: 9.25 (+0.01), DAKT: 9.73 (+0.16), PHG: 29.59 (+0.28), GRMN: 48.75 (-0.11)
Garmin(R) responds to misleading statements from Navico in the ITC patent investigation
BusinessWire - Mon Aug 29, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced its response to a modified order by the International Trade Commission (ITC) on August 18, 2016, in the long-running investigation brought by Navico Holdings AS against Garmin. The modified ITC order did not address Garmin's new tilted DownVu(TM) scanning sonar transducer design - which Garmin strongly asserts does not infringe - that has been shipping since last December when the previous decision was made by the ITC. The status of Garmin's new tilted transducer design relative to any of Navico's patents is still a matter pending before the courts and government agencies, and Navico has never accused Garmin's new tilted design of infringement before the ITC. On August 25, 2016, Navico issued a press release regarding the ITC's modified order that incorrectly asserts that the new tilted design infringes on their patents as no court or government agency has ever made any infringement ruling on Garmin's new tilted transducer design.
GRMN: 48.75 (-0.11)
Garmin (GRMN) Looks to Expand Headquarters at Olathe
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 4:01AM CDT
Worldwide provider of navigation, communications and information devices, Garmin Ltd. (GRMN) is planning a vast expansion which will cost approximately $200 million.
IPHI: 43.53 (+0.31), SLAB: 57.94 (+0.28), GRMN: 48.75 (-0.11), INTC: 36.08 (+0.06)
Garmin announces major expansion at Olathe headquarters
The Kansas City Star - Fri Aug 26, 5:20PM CDT
OLATHE, Kan. (AP) — Garmin International says it is planning a $200 million expansion at its headquarters in Olathe.
GRMN: 48.75 (-0.11)
Garmin(R) to embark on $200 million campus expansion
BusinessWire - Fri Aug 26, 8:03AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it was breaking ground on a $200 million dollar facility expansion at its Olathe, Kansas campus. The campus expansion is designed to position the technology company as a leading innovator well into the future.
GRMN: 48.75 (-0.11)
Navico: ITC Bolsters Ban on Garmin® DownVü(TM) Products
PR Newswire - Thu Aug 25, 7:53AM CDT
Navico - the world's largest manufacturer of marine electronics and parent company to the Lowrance®, Simrad®, B&G® and GoFree® brands - announced today that on August 18, 2016 the International Trade Commission (ITC) ruled yet again that Garmin DownVü(TM) scanning sonar products may not be imported into the United States, because they violate Navico's patents for DownScan Imaging(TM) technology. This latest ruling confirms that Garmin has been improperly circumventing the ITC's December 2015 exclusion order. The ITC issued a modified exclusion order clarifying the scope of infringing DownVü products that are barred from importation. The order has already been distributed to the United States Customs and Border Protection agency, and its requirements are effective immediately.
GRMN: 48.75 (-0.11)
Garmin (GRMN) Downgraded by Goldman Fearing Competition
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 6:32AM CDT
Worldwide provider of navigation, communications and information devices, Garmin Ltd. (GRMN) was downgraded to Sell from Hold by Goldman. In addition, the firm's analyst maintained its price target of $46.00.
IPHI: 43.53 (+0.31), SLAB: 57.94 (+0.28), GRMN: 48.75 (-0.11), INTC: 36.08 (+0.06)
Garmin(R) adds luxury and style to multisport training with the introduction of fA"nix(R) Chronos
BusinessWire - Thu Aug 25, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced fA"nix Chronos, a premium version of its popular multisport watch, available in three luxurious styles. Made with premium jeweler's grade materials, fA"nix Chronos is the first Garmin watch to combine a durable and fashionable metal housing with the latest adventure, fitness training, activity tracking and smartwatch (1) technology. With three versions available: titanium with brushed titanium band; steel with brushed stainless steel band; and steel with vintage leather band, there is fA"nix Chronos watch to suit every style and every adventure.
GRMN: 48.75 (-0.11)
Downgrade Alert for Garmin (GRMN)
Comtex SmarTrend(R) - Thu Aug 25, 3:02AM CDT
Garmin (NASDAQ:GRMN) was downgraded from Neutral to Sell at Goldman Sachs today. The stock closed yesterday at $50.59 on volume of 3.4 million shares, above average daily volume of 1.1 million. Garmin (NASDAQ:GRMN) is currently priced 24.1% above its average consensus analyst price target of $38.40. Garmin shares have support at the 50-day moving average (MA) of $40.76 and additional support at the 200-day MA of $37.82.
GRMN: 48.75 (-0.11)
Garmin Set to Possibly Rebound After Yesterday's Selloff of 2.26%
Comtex SmarTrend(R) - Mon Aug 22, 2:06PM CDT
Garmin (NASDAQ:GRMN) traded in a range yesterday that spanned from a low of $52.64 to a high of $53.43. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $53.90 on volume of 906,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GRMN: 48.75 (-0.11)
Garmin Falls 2.26% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Aug 22, 2:04PM CDT
Garmin (NASDAQ:GRMN) traded in a range yesterday that spanned from a low of $52.64 to a high of $53.43. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $53.90 on volume of 906,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GRMN: 48.75 (-0.11)
Introducing Face-It(TM) - a custom watch face app for Connect IQ(TM) devices from Garmin(R)
BusinessWire - Thu Aug 18, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced Face-It, a watch face app that lets Connect IQ compatible wearable users customize their watch face with any photo from their mobile device(1). Users simply download the free app from either the App Store(SM) or on Google Play(TM), then select an image from their photo library, choose their clock style and send it wirelessly to their device for a completely customized watch face.
GRMN: 48.75 (-0.11)
Philips, Qualcomm Tie Up to Develop Connected Health Care
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 8:41AM CDT
Koninklijke Philips N.V. (PHG) and Qualcomm Life, Inc., a subsidiary of semiconductor and telecommunications equipment provider Qualcomm Incorporated (QCOM), have entered into a partnership to foster the development of ???connected health???.
DAKT: 9.73 (+0.16), PHG: 29.59 (+0.28), QCOM: 63.35 (-0.12), GRMN: 48.75 (-0.11)
Garmin(R) Confirms September 30 Dividend Payment
BusinessWire - Thu Sep 01, 10:38AM CDT
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 30, 2016 as the payment date for the next dividend installment of $0.51 per share with a record date of September 15, 2016, per the approval previously provided at the 2016 annual shareholders' meeting. At the 2016 annual meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.04 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs), payable in four equal installments on dates to be determined by the board in its discretion. The first payment was made on June 30, 2016. The board currently anticipates the scheduling of the remaining quarterly dividend installments as follows:
GRMN: 48.75 (-0.11)
Garmin(R) introduces the Forerunner(R) 35, adds built-in Elevate(TM) wrist-based heart rate to an easy-to-use GPS running watch
BusinessWire - Wed Aug 31, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Forerunner 35, its newest GPS-enabled running watch with built-in Garmin Elevate wrist-based heart rate(1) technology that allows runners to monitor their heart rate 24/7 without a chest strap. The easy-to-use Forerunner 35 tracks essential data like distance, pace and personal records, and thanks to its built-in GPS, runners can track how far, how fast and where they're running all without worrying about carrying a phone too. In between runs, the stylish Forerunner 35 doubles as an all-day activity tracker(1) as it counts steps, calories and intensity minutes, so users can still record progress and activities even when they're not running. The Forerunner 35 also includes smartwatch functionality including smart notifications(2) and music controls(2) right from the device.
GRMN: 48.75 (-0.11)
Garmin(R) unveils VIRB(R) Ultra 30: A best-in-class Ultra HD 4K action camera with exclusive features
BusinessWire - Wed Aug 31, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the VIRB Ultra 30, a waterproof(1) action camera with the power to shoot stunning Ultra HD footage at 4K/30fps. Conveniently small and lightweight, the VIRB Ultra 30 is rugged and ready for adventure with purpose-built features for users to tailor and relive their action-packed VIRB footage. Thanks to its high precision sensors and GPS, the action camera automatically gathers meaningful G-Metrix(TM) data to show how far, how high, and how fast users live their adventures. The versatile VIRB Ultra 30 introduces a suite of exclusive features unmatched by any other action camera on the market. This includes voice control(2), an intuitive LCD color touchscreen, one-touch live streaming(3), 3-axis image stabilization, and more. The action camera's simplicity allows thrill-seekers to focus on their favorite sport or activity without complicated camera operations.
GRMN: 48.75 (-0.11)
DeLorme's new owner will continue printing Gazetteers
AP - Tue Aug 30, 4:42PM CDT
YARMOUTH, Maine (AP) — The Swiss company that bought Maine-based DeLorme last winter says it's going to continue to publish the popular DeLorme Atlas & Gazetteers for all 50 states.
GRMN: 48.75 (-0.11)
Garmin(R) G5000(TM) Integrated Flight Deck receives STC for Beechjet 400A/Hawker 400XP
BusinessWire - Tue Aug 30, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the Federal Aviation Administration (FAA) has granted supplemental type certification (STC) for the G5000 avionics suite in the Beechjet 400A/Hawker 400XP aircraft. The G5000 modernizes the cockpit, increases aircraft utility, offers significant weight savings and provides operators with a solution to fulfill global next generation airspace initiatives. Additionally, the G5000 upgrade offers lower cost of operation and solves parts obsolescence with zero-time avionics.
GRMN: 48.75 (-0.11)
Fitbit makes exercise even more of a game
By ANICK JESDANUN - AP - Mon Aug 29, 12:27PM CDT
NEW YORK (AP) — Fitbit wants to help you exercise more by making you think you're hiking famous trails instead of strolling around your neighborhood.
GRMN: 48.75 (-0.11)
Philips Unveils Latest IntelliSpace Cardiovascular Version
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 9:21AM CDT
Koninklijke Philips N.V. (PHG) expanded its healthcare portfolio with the launch of the latest version of Cardiovascular Image and Information Management System, IntelliSpace Cardiovascular 2.1.
AMKR: 9.25 (+0.01), DAKT: 9.73 (+0.16), PHG: 29.59 (+0.28), GRMN: 48.75 (-0.11)
Garmin(R) responds to misleading statements from Navico in the ITC patent investigation
BusinessWire - Mon Aug 29, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced its response to a modified order by the International Trade Commission (ITC) on August 18, 2016, in the long-running investigation brought by Navico Holdings AS against Garmin. The modified ITC order did not address Garmin's new tilted DownVu(TM) scanning sonar transducer design - which Garmin strongly asserts does not infringe - that has been shipping since last December when the previous decision was made by the ITC. The status of Garmin's new tilted transducer design relative to any of Navico's patents is still a matter pending before the courts and government agencies, and Navico has never accused Garmin's new tilted design of infringement before the ITC. On August 25, 2016, Navico issued a press release regarding the ITC's modified order that incorrectly asserts that the new tilted design infringes on their patents as no court or government agency has ever made any infringement ruling on Garmin's new tilted transducer design.
GRMN: 48.75 (-0.11)
Garmin (GRMN) Looks to Expand Headquarters at Olathe
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 4:01AM CDT
Worldwide provider of navigation, communications and information devices, Garmin Ltd. (GRMN) is planning a vast expansion which will cost approximately $200 million.
IPHI: 43.53 (+0.31), SLAB: 57.94 (+0.28), GRMN: 48.75 (-0.11), INTC: 36.08 (+0.06)
Garmin announces major expansion at Olathe headquarters
The Kansas City Star - Fri Aug 26, 5:20PM CDT
OLATHE, Kan. (AP) — Garmin International says it is planning a $200 million expansion at its headquarters in Olathe.
GRMN: 48.75 (-0.11)
Garmin(R) to embark on $200 million campus expansion
BusinessWire - Fri Aug 26, 8:03AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it was breaking ground on a $200 million dollar facility expansion at its Olathe, Kansas campus. The campus expansion is designed to position the technology company as a leading innovator well into the future.
GRMN: 48.75 (-0.11)
Navico: ITC Bolsters Ban on Garmin® DownVü(TM) Products
PR Newswire - Thu Aug 25, 7:53AM CDT
Navico - the world's largest manufacturer of marine electronics and parent company to the Lowrance®, Simrad®, B&G® and GoFree® brands - announced today that on August 18, 2016 the International Trade Commission (ITC) ruled yet again that Garmin DownVü(TM) scanning sonar products may not be imported into the United States, because they violate Navico's patents for DownScan Imaging(TM) technology. This latest ruling confirms that Garmin has been improperly circumventing the ITC's December 2015 exclusion order. The ITC issued a modified exclusion order clarifying the scope of infringing DownVü products that are barred from importation. The order has already been distributed to the United States Customs and Border Protection agency, and its requirements are effective immediately.
GRMN: 48.75 (-0.11)
Garmin (GRMN) Downgraded by Goldman Fearing Competition
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 6:32AM CDT
Worldwide provider of navigation, communications and information devices, Garmin Ltd. (GRMN) was downgraded to Sell from Hold by Goldman. In addition, the firm's analyst maintained its price target of $46.00.
IPHI: 43.53 (+0.31), SLAB: 57.94 (+0.28), GRMN: 48.75 (-0.11), INTC: 36.08 (+0.06)
Garmin(R) adds luxury and style to multisport training with the introduction of fA"nix(R) Chronos
BusinessWire - Thu Aug 25, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced fA"nix Chronos, a premium version of its popular multisport watch, available in three luxurious styles. Made with premium jeweler's grade materials, fA"nix Chronos is the first Garmin watch to combine a durable and fashionable metal housing with the latest adventure, fitness training, activity tracking and smartwatch (1) technology. With three versions available: titanium with brushed titanium band; steel with brushed stainless steel band; and steel with vintage leather band, there is fA"nix Chronos watch to suit every style and every adventure.
GRMN: 48.75 (-0.11)
Downgrade Alert for Garmin (GRMN)
Comtex SmarTrend(R) - Thu Aug 25, 3:02AM CDT
Garmin (NASDAQ:GRMN) was downgraded from Neutral to Sell at Goldman Sachs today. The stock closed yesterday at $50.59 on volume of 3.4 million shares, above average daily volume of 1.1 million. Garmin (NASDAQ:GRMN) is currently priced 24.1% above its average consensus analyst price target of $38.40. Garmin shares have support at the 50-day moving average (MA) of $40.76 and additional support at the 200-day MA of $37.82.
GRMN: 48.75 (-0.11)
Garmin Set to Possibly Rebound After Yesterday's Selloff of 2.26%
Comtex SmarTrend(R) - Mon Aug 22, 2:06PM CDT
Garmin (NASDAQ:GRMN) traded in a range yesterday that spanned from a low of $52.64 to a high of $53.43. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $53.90 on volume of 906,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GRMN: 48.75 (-0.11)
Garmin Falls 2.26% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Aug 22, 2:04PM CDT
Garmin (NASDAQ:GRMN) traded in a range yesterday that spanned from a low of $52.64 to a high of $53.43. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $53.90 on volume of 906,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GRMN: 48.75 (-0.11)
Introducing Face-It(TM) - a custom watch face app for Connect IQ(TM) devices from Garmin(R)
BusinessWire - Thu Aug 18, 6:00AM CDT
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced Face-It, a watch face app that lets Connect IQ compatible wearable users customize their watch face with any photo from their mobile device(1). Users simply download the free app from either the App Store(SM) or on Google Play(TM), then select an image from their photo library, choose their clock style and send it wirelessly to their device for a completely customized watch face.
GRMN: 48.75 (-0.11)
