Wednesday, July 29, 2009

VOLUME ALERT: Trimble Navigation (TRMB)

Trimble Navigation (Nasdaq: TRMB) shares are trading about 11 proportionality higher to $23.75 on more than 3 times normal volume as of 10:45 a.m. Wednesday. The company missed earnings and revenue expectations, but showed some signs that its engineering and construction business may be stabilizing, and also lost fewer mobile solutions subscribers. — Mike Tarsala


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