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ID: 29500
Title: Motorola warns of 1st-qtr loss, accelerates buyback (Reuters)
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A man rides past a Motorola mobile phone shop in the downtown of Vietnam's southern Ho Chi Minh city in this May 31, 2006 file photo. Motorola warned on Wednesday that it would post a first-quarter loss, citing weaker-than-expected sales for its mobile devices business. (Kham/Reuters)Reuters - Motorola Inc. warned on Wednesday it would post a first-quarter loss and said its 2007 outlook was "substantially" worse than expected due to weak mobile phone sales, driving its shares down nearly 6 percent.


Category: Business/
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Date Added: March 22, 2007 12:42:18 AM
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