Motorola's dim forecast raises pressure on CEO
Article Abstract:
Motorola Inc. has announced weaker cell phone shipments than expected and anticipates its mobile devices business will tally a loss for the year. After the announcement was made, the firm's stock prices dropped by 1.67% to hit $17.65 per share during after-hours trading.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Motorola top official steps down; mobile-device head was under pressure amid profit slump
Article Abstract:
Ron Garriques has resigned his position as head of Motorola Inc.'s mobile -device division. Motorola's profits and share prices have fallen recently, with disappointing fourth-quarter results.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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