International Business News - Motorola http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Motorola shares' performance will remain weak, a Thomas Weisel analyst said, as the company divides itself and struggles with weak handset sales. Analyst Matthew Sheerin downgraded the stock to "Market Weight" from "Overweight" Monday and reduced his price target to $11 per share from $18. The Chicago company reported first-quarter results Thursday, taking a larger-than-expected loss and posting lower revenue, as cell phone sales continued to be weak. http://www.ibtimes.com/articles/20080428/ahead-of-the-bell-motorola-downgraded-to-market-weight.htm Mon, 28 Apr 2008 08:40:27 EDT Among the earnings stories for Thursday, April 24, from AP Financial News: CHICAGO (AP) _ Struggling cell phone maker Motorola Inc. disappointed investors Thursday when it posted a wider first-quarter loss and failed to meet revenue forecasts. http://www.ibtimes.com/articles/20080424/earnings-roundup-motorola-chubb.htm Thu, 24 Apr 2008 19:00:57 EDT Among the earnings stories for Thursday, April 24, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080424/earnings-roundup-motorola-thermo-fisher.htm Thu, 24 Apr 2008 11:18:08 EDT Cell phone maker Motorola says it lost slightly more money in the first quarter as sales in its key mobile unit fell 39 percent. Motorola says it lost $194 million, or 9 cents per share, on revenue of $7.45 billion. A year earlier, the company says it lost $181 million, or 8 cents per share, on sales of $9.43 billion. http://www.ibtimes.com/data/articleimgs/41940-.jpg http://www.ibtimes.com/articles/20080424/motorola-loss-widens-phone-sales-fall.htm http://www.ibtimes.com/articles/20080424/motorola-loss-widens-phone-sales-fall.htm Thu, 24 Apr 2008 07:15:46 EDT Motorola Inc. reports first-quarter financial results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080423/earnings-preview-motorola-expected-to-post-1st-quarter-loss.htm Wed, 23 Apr 2008 12:48:49 EDT Former AT&T chief executive David Dorman will become Motorola Inc.'s chairman next month as the struggling cell phone maker tries to fix its slumping fortunes and split itself into two companies. W... http://www.ibtimes.com/articles/20080409/motorola-names-ex-at-t-boss-as-chairman.htm Wed, 09 Apr 2008 10:59:11 EDT Former AT&T chief executive David Dorman will become Motorola Inc.'s non-executive chairman next month as the struggling cell phone maker tries to fix its slumping fortunes and split itself into two... http://www.ibtimes.com/articles/20080409/motorola-names-boss-chairman.htm Wed, 09 Apr 2008 08:23:44 EDT Cell phone maker Motorola Inc., which recently settled a proxy battle with activist investor Carl Icahn, said Wednesday it named former AT&T chief executive David Dorman as non-executive chairman. D... http://www.ibtimes.com/articles/20080409/motorola-names-david-dorman-as-chairman.htm Wed, 09 Apr 2008 06:43:07 EDT Motorola Inc. made peace with Carl Icahn on Monday, heading off a proxy battle with the billionaire investor by agreeing to seat four of his nominees on its board of directors. While the mobile phon... http://www.ibtimes.com/articles/20080407/motorola-icahn-settle-board-standoff.htm Mon, 07 Apr 2008 15:23:20 EDT Motorola Inc. settled its proxy battle with Carl Icahn on Monday, agreeing to back two of the billionaire investor's nominees for its board of directors in exchange for him dropping litigation again... http://www.ibtimes.com/articles/20080407/motorola-settles-proxy-fight-with-icahn.htm Mon, 07 Apr 2008 10:06:57 EDT Cell phone maker Motorola has agreed to name Keith Meister, a managing director of Icahn investment funds, to its board of directors under terms of an agreement with billionaire activist investor Car... http://www.ibtimes.com/articles/20080407/motorola-to-name-icahn-exec-to-board.htm Mon, 07 Apr 2008 09:18:50 EDT Beleaguered cell phone maker Motorola Inc. said Thursday that it is laying off another 2,600 workers, bringing the company's total employee cuts to more than 10,000 since last year. Motorola will t... http://www.ibtimes.com/articles/20080403/motorola-cuts-another-2-600-jobs.htm Thu, 03 Apr 2008 21:55:50 EDT Motorola Inc. will take a pretax charge of about $104 million in the first quarter for severance costs from its layoff of about 2,600 employees, the beleaguered company said Thursday. The company sa... http://www.ibtimes.com/articles/20080403/motorola-to-take-104m-charge-in-1q.htm Thu, 03 Apr 2008 17:00:01 EDT Among the premarket activity stories for Thursday, March 27, from AP Financial News: NEW YORK (AP) _ Motorola shares are slipping in premarket trading after an analyst downgraded the stock, saying the shares may be weak before Motorola finishes its planned split into two companies. http://www.ibtimes.com/articles/20080327/premarket-roundup-motorola-oil-gas.htm Thu, 27 Mar 2008 09:57:13 EDT Shares of Motorola Inc. rallied in late-afternoon trading Wednesday after the company said it will split its mobile and broadband units into two separate businesses. http://www.ibtimes.com/articles/20080326/last-call-motorola-shares-rally.htm Wed, 26 Mar 2008 15:23:44 EDT Motorola Inc. announced plans to separate its struggling handset business from other operations Wednesday, forming two separate, publicly traded companies after months of agitation from frustrated investors. http://www.ibtimes.com/articles/20080326/motorola-to-split-handsets-into-own-co.htm Wed, 26 Mar 2008 11:30:52 EDT Motorola Inc. announced plans to separate its struggling handset business from other operations http://www.ibtimes.com/articles/20080326/motorola-break-into-companies.htm Wed, 26 Mar 2008 08:24:33 EDT Motorola Inc. said Wednesday that it has started the process to split its mobile device and broadband units into two separate, publicly traded companies. http://www.ibtimes.com/articles/20080326/ahead-of-the-bell-motorola-to-split.htm Wed, 26 Mar 2008 08:13:18 EDT Motorola Inc. plans to separate its struggling handset business from its other operations. The Schaumburg, Ill., company has been under pressure from billionaire investor Carl Icahn to make changes to revitalize its cell-phone business. http://www.ibtimes.com/articles/20080326/motorola-to-split-off-handset-business.htm Wed, 26 Mar 2008 07:54:55 EDT Shares of Motorola rose Monday after billionaire activist investor Carl Icahn said he wants a court to force the handset maker to provide documents about its cell-phone business and senior executives. http://www.ibtimes.com/articles/20080324/motorola-shares-after-icahn-statement.htm Mon, 24 Mar 2008 19:08:08 EDT