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Garmin Q4 Earnings: Wearables and Adventure Watches Drive Growth, 20% Dividend Hike, Stock Soars

On Wednesday, Garmin Ltd (NYSE:GRMN) reported fiscal fourth-quarter 2024 revenue growth of 23% year-on-year to $1.82 billion, beating the analyst consensus estimate of $1.70 billion. The GPS navigation and wearable technology company’s proforma EPS of $2.41 beat the analyst consensus estimate of $2.03. The stock gained after the report. Also Read: Iron Mountain Q4 Earnings: Storage And Data […]
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Samsung To Cancel $2.11 Billion In Treasury Shares, Launches Fresh $2.08 Billion Buyback

Samsung Electronics Co. Ltd. (OTC:SSNLF) plans to cancel treasury shares worth 3.05 trillion won ($2.11 billion), marking a significant move to enhance shareholder value. The tech giant also announced a new share repurchase program targeting 2.7 trillion won ($1.87 billion) in common shares and 304 billion won ($210.31 million) in preferred shares between Feb. 19 […]
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El Salvador Proved ‘Bitcoin Is Not Destined To Be Money,’ Analyst Says

El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in a blog post. Bitcoin’s inherent volatility and impracticality render it unsuitable […]
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Apple Ramping Up Hiring For Home Robotics Team, Says Top Analyst: What’s Brewing?

Apple Inc. (NASDAQ:AAPL) is reportedly ramping up its recruitment efforts for its home robotics division. What Happened: In his latest weekly “Power On” newsletter, Bloomberg columnist Mark Gurman said that the company has posted several job listings for robotics specialists over the past few weeks. “As a member of the team, you’ll have the opportunity […]
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Jim Cramer Likes This Utilities Stock: ‘I Think You’ve Got A Good One’

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he likes NextEra Energy, Inc. (NYSE:NEE) and recommended buying the same. “I think you’ve got a good one,” he added. On Jan. 24, NextEra Energy Inc posted in-line earnings for the fourth quarter and said it continues to expect adjusted EPS of $3.45-$3.70 for FY25. Cramer’s […]
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Post-It Maker 3M Boosts Dividend, Approves Up To $7.5B Stock Buyback

3M Company (NYSE:MMM) has declared a dividend of $0.73 per share for the first quarter of 2025, set to be distributed on March 12, 2025. Shareholders on record by the close of business on February 14, 2025, will be eligible to receive the dividend. The dividend is a 4.3% increase from the dividend of $0.70 […]
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Bill Gates’ Early Departure From Harvard: Not Surprising, Says Former Professor: ‘I Just Wish I’d Invested In Him’

Harry Lewis, the former Harvard professor of Bill Gates, recently expressed that Gates’ decision to drop out of Harvard to start Microsoft did not come as a surprise to him. What Happened: Lewis, who taught Gates applied mathematics at Harvard, remembered the future billionaire as being exceptionally inquisitive and mature for his age. Gates’ thirst for challenges […]

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