All Points Blog: Our Opinion, Your Views of All Things Location Publications: Directions Magazine | LBS360.NET | Directions Magazine francais | Map Hawk
Conferences: Location Intelligence | Rocket City Geospatial
Our Opinion, Your Views of All Things Location


Directions Media - advertising information and media kit
Special Announcement
Newsletter
Get All Points Blog in your mailbox everyday!

APB digs up news that goes beyond press releases, offers opinions worth reading and provides the insight into the world of geospatial technologies you need to do your job.

Calendar

Back October '08 Forward
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Syndicate This Blog

Top Referers

twitturls.com (38)
www.edparsons.com (38)
georezo.net (28)
twitturly.com (26)
www.mcwetboy.net (26)
  

Our Points

Tuesday, April 8. 2008

TomTom Drops Expectations; Stock Drops

LBS Geospatial Business
TomTom said its first quarter revenue will be around 260-270 million euros far below last year's 296 million euros.

With formal reporting expected April 23, operating margins will be single digits vs. recent double digit quarters. European trading saw shares tumble 13.8 percent to 22.78 euros ($35.78) in Amsterdam.

The impact on the TA acquisition?
TomTom's share price has halved since November, and after Tuesday its market capitalization is slightly less than the price it is paying for Tele Atlas.

One analyst suggests it may make it difficult to finance all the debt that comes with the deal. However,
TomTom's Chief Financial Officer Marina Wyatt said she was "comfortable" that TomTom will be able to meet creditor's demands in financing the Tele Atlas buy.

- AP
Posted by Adena Schutzberg in LBS, Satellite Navigation, Geospatial Business at 12:29 | Comments (0) | Trackbacks (0)

Trackbacks
Trackback specific URI for this entry

No Trackbacks

Comments
Display comments as (Linear | Threaded)

No comments

Add Comment

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
Standard emoticons like :-) and ;-) are converted to images.
E-Mail addresses will not be displayed and will only be used for E-Mail notifications

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA
 
 

Other Points


Patent Lawsuit Silly Season: TechCrunch Sued For Patent Infringement After Critical Blog Post (Techdirt)
Penn State University's Geospatial Education Portfolio includes online programs in geographic information systems and geospatial intelligence. Each program is designed to help give cutting-edge skills to working professionals and encourages interaction with highly-respected faculty. Start your application today!

Penn State University's Geospatial Education Portfolio includes online programs in geographic information systems and geospatial intelligence. Each program is designed to help give cutting-edge skills to working professionals and encourages interaction with highly-respected faculty. Start your application today!




The University of Southern California offers state-of-the-art graduate courses from your home or office. Work with world class faculty and select courses that suit your needs and interests while earning a Graduate Certificate or Master's Degree in Geographic Information Science and Technology. .Start your application now.

Penn State University's Geospatial Education Portfolio includes online programs in geographic information systems and geospatial intelligence. Each program is designed to help give cutting-edge skills to working professionals and encourages interaction with highly-respected faculty. Start your application today!

Penn State University's Geospatial Education Portfolio includes online programs in geographic information systems and geospatial intelligence. Each program is designed to help give cutting-edge skills to working professionals and encourages interaction with highly-respected faculty. Start your application today!

Polls

My regular geoblog reading habits best match:
Just this blog
Planet Geospatial blogs
Planet Geospatial blogs plus other geoblogs
A few select geoblogs
Read no geoblogs regularly

Archives

Comments

Daniel about Pretty Picture vs. Satellite Imagery in Use
October 12
Once raw samples are formally available [...]


siva about Flash in Local Gov Websites
October 10
What would be very useful is to have a [...]


Bob Thompson about Update: Siderelis Named first DOI GIO
October 10
Ho hum.


Karen Edelstein about IDC Pegs SIM Market Growth at 14.2%
October 10
Could someone explain how the $2.8 [...]


Sam the Eagle about Update: Siderelis Named first DOI GIO
October 10
In relation to Siderelis' direct [...]


Seth Grimes about Structured vs. Unstructured Data - Let's be clear on definitions
October 10
I don't see a definition of [...]


Roy about "First" Directions App for iPhone
October 8
G-Map is not available at Apple at the [...]


Amazon Recommendations
About Us|Advertising|Contact Us
Other Directions Media Publications: Directions Magazine | LBS360.NET | Directions Magazine francais | Map Hawk
Conferences: Location Intelligence | Rocket City Geospatial
© 2008 Directions Media. All Rights Reserved
194 Green Bay Road, Glencoe, IL 60022 847-242-0412