A double set of bad news sent Garmin stock tumbling on Wednesday. Not only did rival Tom Tom release a good earnings report, Garmin also had the bad luck of seeing an announcement regarding a hot new Droid phone that will challenge its standalone GPS units.

Say hello to Garmin's nuvifone G60, which after a long (long) delay, finally launched on Sunday with AT&T. Just what we all need, right, another hot device clogging up AT&T's network?

Garmin Ltd., the company that develops consumer, aviation, and marine technologies, posted that its profit jumped 70% as sales doubled in the fourth quarter, easily beating Wall Street forecasts, on strong holiday demand for the company's digital navigation devices.

(KCStar.com)-- Garmin International is trying to do for navigation what Apple did for music. Nuvifone combines Garmin's Nuvi portable navigators with those found in smartphones.

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Garmin Ltd. (NASDAQ: GRMN) announced today that it has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S (“Fairpoint”), the distributor of Garmin’s consumer products in Denmark.

Digital Cyclone, Inc., a subsidiary of Garmin Ltd., today unveiled a new version of its Pilot My-Cast cell phone application that gives pilots a fast and easy way to file a flight plan while on the go using a mobile phone. Pilot My-Cast is an industry recognized subscription-based cell phone service that gives pilots personalized flight planning and weather information in the palm of their hand.

Garmin International Inc., a unit of Garmin Ltd., today announced that Garmin Mobile XT can now be paired with GPS Buddy on virtually any GPS handset or Bluetooth wireless-enabled smartphone - providing complete mobile resource management that is designed to enhance the productivity of a workforce.