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geognerd geospatial stock index - July 3, 2008

The GGSI closed lower for the fifth straight week, down 9.67 points and closing at 1194.89. There were 12 gaining stocks and 18 losing stocks. Biggest winners - Intermap (4.68%), GE (2.48%), Stewart Information Services (1.91%) Biggest losers - Oce (-20.39%), SiRF (-10.20%), GeoEye (-8.11%) News Boeing (-3.66%) - Completed environment testing of first Block IIF GPS satellite. Garmin (-4.92%) - Acquired Finnish distributor. GeoEye (-8.11%) - Coverage initiated by Soleil at Buy. National Geospatial Intelligence Agency increasing the amount of imagery it is purchasing from commercial providers. Google (1.69%) - Signed a five year agreement with Tele Atlas for map data, and Tele Atlas will have access to map edits initiated by Google users. Microsoft (-5.97%) - Ask.com to use Microsoft's Virtual Earth for its maps. NAVTEQ (0.83%)... [read full story]                    

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