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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:01 EDTGRMNGarmin completes acquisition of Fusion Electronics
Garmin announced that it has completed the acquisition of Fusion Electronics and its subsidiaries. Based in Auckland, New Zealand, the new company will be known as Garmin New Zealand, a wholly owned subsidiary of Garmin, and will operate as “Fusion Entertainment.” Substantially, all the Fusion product line will remain available, as will support for the company’s existing products. Fusion Entertainment will continue to support all Fusion-Link partners accordingly. Financial terms of the acquisition will not be released.
News For GRMN From The Last 14 Days
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September 18, 2014
07:26 EDTGRMNGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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September 10, 2014
11:37 EDTGRMNGarmin bounces back, Fossil continues slide after Apple Watch unveiled
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08:48 EDTGRMNGarmin unlikely to be derailed by Apple Watch, says Oppenheimer
Oppenheimer does not view Apple Watch as "a category killer" in the running or fitness band markets. The firm says that the necessity of pairing the Apple Watch with an iPhone, along with Apple Watch's use of a built-in optical hear rate sensor which is likely to be prone to malfunction are disadvantages. Additionally, Apple Watch's price is much higher than the prices that Garmin (GRMN) charges for its watches, while the Apple Watch's battery life is likely much shorter, according to Oppenheimer. The firm keeps an Outperform rating on Garmin.
07:18 EDTGRMNApple Watch does not compete with Garmin, says Citigroup
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September 9, 2014
14:03 EDTGRMNGarmin down 3% after Apple confirms launch of Apple Watch
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