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Motorola posts 4th-quarter profit as costs fall but outlook is below expectations; shares fall

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Motorola posts 4th-quarter profit as costs fall but outlook is below expectations; shares fall Posted: Jan 28, 2010 8:40 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Motorola posts 4th-quarter profit as costs fall but outlook is below expectations; shares fall
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more images more images Motorola posts 4Q profit but outlook is low NEW YORK — Motorola Inc. showed progress in its turnaround efforts Thursday but a disappointing profit forecast sent its shares sliding. Motorola stock fell 73 cents, or 9.9 percent, to $6.67 in morning trading. The shares are still more than double what they were trading for in March, [..] Read the original article: here.

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