Trimble (
TRMB) stock was on the move today, jumping 23% so far, as the company announced that they were not only increasing their forecasted earnings for the fourth quarter but announced a stock repurchase plan for up to $250 million effective February 1. According to the press release, the "company is also raising its expectations for its fourth quarter non-GAAP earnings per share from $0.24 to $0.26 to $0.28 to $0.29." See also a review of the company's 2007 performance in
my article today on all of the publicly-traded location technology stocks.