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Garmin posts lower 2nd-quarter net income on currency losses, reincorporation expense

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Garmin posts lower 2nd-quarter net income on currency losses, reincorporation expense

Posted: Aug 4, 2010 1:36 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Garmin posts lower 2nd-quarter net income on currency losses, reincorporation expense Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Garmin 2Q net income falls on currency, expenses NEW YORK â Navigation device maker Garmin Ltd. said Wednesday its second-quarter net income declined due to currency exchange losses and higher expenses mainly from the company moving its incorporation to Switzerland from the Cayman Islands. For the three months ended June 26, the company earned $134.8 million, or .... Original source : Garmin posts lower 2nd-quarter net income on currency losses, reincorporation expense.

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