Garmin stock soars as results top forecasts

By Sarah Very Shares of Garmin Ltd. surged Wednesday after the company reported fourth quarter results that dramatically bested Wall Street expectations. The Switzerland-based provider of GPS navigation technology said net income sank 37 percent to $132.4 million, or 70 cents per diluted share, from $210.2 million, or $1.09 per diluted share, in the year-earlier […]