AT&T to begin selling Garmin phone-GPS hybrid nuvifone in OctoberSeptember 30th, 2009 AT&T to start selling Garmin nuvifone in OctoberKANSAS CITY, Mo. — After more than a year of delays, Garmin Ltd.'s GPS unit/wireless device hybrid nuvifone is finally going on sale in the U.S.
Goldman Sachs adds Jarden to preferred stocks list, predicts rebound in revenueSeptember 23rd, 2009 Goldman adds Jarden to 'Conviction Buy List'NEW YORK — An analyst added consumer and leisure products company Jarden Corp. to a list of preferred stocks on Wednesday, saying robust sales are forthcoming for the maker of coffee makers, heating pads and health merchandise, among other items.
Safeguard sells additional 2.4 million shares of Clarient stakeSeptember 22nd, 2009 Safeguard sells Clarient sharesWAYNE, Pa. — Safeguard Scientifics Inc., which invests in high-tech and life sciences ventures, said Tuesday it has sold an additional 2.4 million shares of its stake in medical device-maker Clarient Inc.
Palm to sell 16 million shares in stock offer, use proceeds for working capitalSeptember 17th, 2009 Palm to sell 16 million shares in offeringSUNNYVALE, Calif. — Smart phone maker Palm Inc.
Food maker stocks mixed after Kraft announces bid to buy candy maker CadburySeptember 8th, 2009 Food stocks mixed on news of Kraft bid for CadburySAN FRANCISCO — Shares of food makers were mixed in Tuesday trading after Kraft announced a bid to buy British candy and drink maker Cadbury PLC for $16.7 billion in stock and cash. Cadbury rejected the offer, opening the possibility that other suitors will enter the fray.
Movers roundup: ASM International climbs on analyst upgrade, La-Z-Boy swings to 1Q profitAugust 19th, 2009 Movers roundup: ASM International, La-Z-BoyAmong the stock activity stories for Wednesday, Aug. 19, from AP Financial News:
NEW YORK (AP) — A Goldman Sachs analyst upgraded ASM International NV and added the Dutch maker of semiconductor equipment and materials to Goldman's Pan-Europe Conviction Buy List, sending the company's shares higher.
E-Trade shares fall after Citadel trims stake, files plan to sell moreAugust 14th, 2009 E-Trade shares fall after stakeholder sells sharesBOSTON — Shares of E-Trade Financial Corp. fell for a second day on Friday after the largest shareholder in the online brokerage sold 13.9 million shares and filed a plan to sell more.
American Water Works says largest stockholder, RWE AG, will sell 30 million sharesAugust 11th, 2009 American Water Works says RWE will sell sharesVOORHEES, N.J. — American Water Works Co.
AIG, American Axle, Whole Foods, EA, Garmin, Radian are big market movers WednesdayAugust 5th, 2009 AIG, American Axle, Whole Foods, EA are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
American International Group Inc., up $8.48 at $22
Shares of the embattled insurer gained more than 60 percent ahead of its earnings release slated for Friday and the Monday start of new CEO Robert Benmosche, former head of MetLife. American Axle and Manufacturing Holdings Inc., up $1.14 at $3.75
The auto supplier's second-quarter loss shrunk in half from a year ago — but so did its sales due to Detroit automakers' plant shutdowns.
Navigator Garmin posts lower earnings, but beats estimates, says worst of revenue decline overAugust 5th, 2009 Garmin 2Q profit falls, tops estimate, shares soarKANSAS CITY, Mo. — Navigational device maker Garmin Ltd.
Biopharmaceutical drug maker XenoPort to sell 2.5 million sharesJuly 7th, 2009 XenoPort to sell 2.5 million sharesSANTA CLARA, Calif. — Biopharmaceutical company XenoPort Inc.
Garmin recalls marine data card after reports of incorrect depth readings off Sweden, DenmarkJune 5th, 2009 Garmin recalls card with incorrect marine depthsOLATHE, Kan. — Navigational device maker Garmin Ltd.
Garmin will begin selling oft-delayed wireless phone nuvifone in AsiaJune 5th, 2009 Garmin to sell wireless phone in AsiaOVERLAND PARK, Kan. — Navigational device maker Garmin Ltd.
Earnings roundup: Blackstone Group 1Q loss narrows, Foster Wheeler 1Q profit slides 46 percentMay 6th, 2009 Earnings roundup: Blackstone Group, Foster WheelerAmong the earnings stories for Wednesday, May 6, from AP Financial News:
NEW YORK (AP) — Private equity firm Blackstone Group says its first-quarter loss narrowed as management and advisory fees increased. ZUG, Switzerland (AP) — Foster Wheeler AG said its first-quarter profit fell 46 percent as the construction and engineering company's revenue slumped and its results were hurt by unfavorable currency comparisons.
Garmin posts steep decline in 1Q earnings, hurt by pullback in consumer spendingMay 6th, 2009 Garmin posts steep decline in 1Q earningsKANSAS CITY, Mo. — Navigational device maker Garmin Ltd.