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Garmin: Revenue at its auto original equipment manufacturers segment jumped 58% to USD 129 million, thanks to an expansion in its customer base for domain controllers due to higher shipments to BMW.
India Business News: Infosys shares fell 2.9% due to disappointing revenue forecast. TCS performed better. Analysts are concerned about growth predictability and execution
Business News: Russian seaborne fuel oil and vacuum gasoil (VGO) exports sustained their dominance in February, primarily to China and India, as reported by traders
UPS expects average daily volume to be weak in the first half of the year before recovering in the latter half. But even then, growth will be constrained
Jabil on Thursday said its second-quarter operating income is likely to see an impact of between $75 million and $100 million impact due to restructuring, severance and related charges.