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February 8, 2010
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| 14:37 EDT |  | MOT |
| theflyonthewall.com: | comScore reports December U.S. mobile subscriber market share data | | comScore released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry over the three month period between September and December 2009. The report ranked the leading mobile original equipment manufacturers and smartphone operating system platforms in the U.S. according to their share of current mobile subscribers age 13 and older, as well as the most popular forms of content and activity accessed via mobile device. The report found Motorola (MOT) to be the top handset manufacturer with 23.5% market share, while RIM (RIMM) led among smartphone platforms with 41.6% market share. :theflyonthewall.com |
| | 10:01 EDT | | MOT |
| theflyonthewall.com: | Motorola Ventures announces investment in Tune Wiki | | Motorola, through its strategic investment arm, Motorola Ventures, announced a strategic investment in TuneWiki Ltd., the award-winning provider of next-generation social media music players and related applications. Motorola acted as lead investor and was joined by new investors Intellect Capital Ventures, a venture fund initiative of TeliaSonera, the leading Nordic Telecommunications operator, managed by Intellect Partners, as well as HillsVen Capital, LLC and Novel TMT. TuneWiki's previous venture capital investor, Benchmark Israel, also participated in the round. :theflyonthewall.com |
| | 09:35 EDT |  | MOT |
| | 07:59 EDT |  | MOT |
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February 7, 2010
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| 21:54 EDT | | MOT |
| theflyonthewall.com: | Motorola could rise 40% if it can spin off the cellphone biz, Barron's reports | | Even though Motorola (MOT) faces challenges in its major businesses, notably cellphones, its shares look increasingly attractive on a sum-of-the-parts basis. Motorola plans to spin off its cellphone unit, and reportedly has weighed a sale of its home and networks division. The company could be worth $9 a share, based on a sum of it's parts-- appreciably above its recent share price of $6.50. Analysts say, Motorola seems primed for a breakup because it has co-CEOs, with Sanjay Jha, formerly of Qualcomm (QCOM), heading the "mobile-devices" segment and Greg Brown overseeing the rest of the company. SUM OF PARTS: (1) Motorola has $4.6B, or $2 a share, of net cash and investments. (2) The overlooked and valuable division called Enterprise Mobility, which sells radio, data-communications and other equipment to police and fire departments and other government operations. The unit generated $1.1B of operating profits in FY09 and could be worth $10B, or more than $4 a share, given it's entrenched customer base. Macquarie analyst Phil Cusick has called this Motorola's "jewel," given its good growth prospects and high operating profit margins of 15%. (3) The mature home-and-networks division had operating profits of $558M last year and could be worth $4B, or almost $2 a share. All this totals about $8 a share without the mobile-phone division, which is reviving under Jha's leadership. Jha expects the division to move into the black by Q4, aided by an emphasis on higher-margin smartphones like the Droid and the Cliq, which can sell for more than $400. Morgan Keegan analyst Tavis McCourt says, "If successful, this division could easily be worth $1 to $2 a share in a spin-out, even if it gets back to only minimal profitability, and as much as $5 a share if it can achieve global success." Barclays Capital analyst Jeff Kvaal Friday upgraded Motorola to Overweight from Equal Weight, citing the stock's pullback and his optimism about its cellphone and public-safety divisions. Bottom-line: Motorola's cash and asset value offer a nice margin of safety. With some favorable developments, like a successful breakup, Barron's says the stock could be up 40% in the next year. Reference Link :theflyonthewall.com |
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February 5, 2010
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| 09:00 EDT |  | MOT |
| | 08:49 EDT |  | MOT |
| | 06:50 EDT |  | MOT |
| | 06:44 EDT | | MOT |
| theflyonthewall.com: | Motorola upgraded to Overweight from Equal Weight at Barclays | | Target $9. :theflyonthewall.com |
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February 4, 2010
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| 08:09 EDT | | MOT |
| | 05:45 EDT | | MOT |
| theflyonthewall.com: | Verizon Wireless has second Motorola Android phone, AP reports | | The Devour, a new handset from Motorola (MOT) that uses Google's (GOOG) Android software is coming to Verizon Wireless (VZ,VOD), the Associated Press reports. The Devour has a touch screen that slides away, and features Motoblur. The phone will be on sale at Verizon Wireless, which has positioned Android phones as an alternative to the iPhone (AAPL), in March. Reference Link :theflyonthewall.com |
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February 3, 2010
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| 12:41 EDT | | MOT |
| theflyonthewall.com: | Research in Motion did not infringe Motorola e-mail patent, Bloomberg reports |
 Subscribe for More Information :theflyonthewall.com |
| | 11:50 EDT | | MOT |
| theflyonthewall.com: | iPhone loses market share in Q4, could be getting Razr burn, WSJ reports | | According to data compiled by ABI Research, Apple's (AAPL) iPhone accounted for 16.6% of smartphone sales in Q4, dropping from 18.1% in Q4, the Wall Street Journal reports. Michael Morgan, an analyst at the firm, says Apple could be running into a case of “Razr burn.” When Motorola (MOT) launched the Razr phone, it shot to the top of the charts but after a little over two years of selling the same device with the same look, it dropped in popularity. Reference Link :theflyonthewall.com |
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February 2, 2010
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| 21:56 EDT | | MOT |
| | 10:46 EDT | | MOT |
| | 09:00 EDT | | MOT |
| | 06:23 EDT | | MOT |
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January 31, 2010
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| 22:12 EDT | | MOT |
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January 29, 2010
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| 16:00 EDT | | MOT |
| | 11:51 EDT | | MOT |
| theflyonthewall.com: | Motorola downgraded to Sell from Neutral at Davenport | | :theflyonthewall.com |
| | 08:52 EDT |  | MOT |
| | 08:07 EDT | | MOT |
| theflyonthewall.com: | Motorola target lowered to $8 from $9 at BMO Capital | | After Motorola provided weaker than expected guidance for its March quarter, BMO Capital lowered its estimates and maintains a Market Perform rating on the stock. :theflyonthewall.com |
| | 08:03 EDT | | MOT |
| | 07:13 EDT | | MOT |
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January 28, 2010
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| 12:05 EDT | | MOT |
| | 08:53 EDT | | MOT |
| | 07:15 EDT | | MOT |
| theflyonthewall.com: | China okays use of Google's Android system, WSJ reports | | China's Ministry of Industry and Information Technology said it won't limit the use of Google's (GOOG) Android operating system for mobile devices by Chinese telecommunications operators, reports the Wall Street Journal. "The government's comments suggest the government might be open to letting parts of Google's business continue to function in China despite Google's announcement over two weeks ago that it will stop obeying government censorship rules on its Chinese search site as a result of concerns over hacking and censorship," says the Journal. Reference Link :theflyonthewall.com |
| | 07:10 EDT |  | MOT |
| | 07:10 EDT | | MOT |
| theflyonthewall.com: | Motorola sees Q1 EPS (3c)-(1c) ex items vs. consensus of 3c | | :theflyonthewall.com |
| | 05:55 EDT | | MOT |
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January 27, 2010
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| 16:43 EDT | | MOT |
| theflyonthewall.com: | On The Fly: U.S. Market Wrap-Up for Wednesday 1/27 | | The markets opened slightly lower but quickly advanced into positive territory. The move, however, was short-lived. After a disappointing new home sales report brought out the sellers, the markets drifted lower. Once they crossed back into negative territory, the selling accelerated until each of the major indices was lower by at least 0.50%. The averages sat in a narrow range until the release of the FOMC rate decision. The knee jerk reaction was to sell on the news, but the averages quickly reversed and pushed into positive territory by the close…The Dow rose 41.87 to 10,236.16, the S&P gained 5.33 to 1,097.50, and the Nasdaq added 17.68 to 2,221.41…Among the biggest gainers: Sanmina-SCI Corp. (SANM) surged 15% to $14.15 after beating Q1 EPS estimates by a wide margin. Super Micro Computer (SMCI) soared 16.3% to $13.50 after forecasting better-than-expected Q3 EPS estimates…The losers included: Caterpillar (CAT) which slumped 4.3% to $53.44 after reporting Q4 earnings that fell 65%. The company also issued a disappointing FY10 forecast. Jackson Hewitt (JTX) dropped 16.5% to 2.94 after reporting that it does not believe it can finance its refund anticipation loans…CURRENCY: The dollar closed 0.36% higher on the yen at 89.93 and 0.41% lower on the euro at 0.7132…COMMODITIES: Crude oil closed down 1.05 to 73.66...Natural gas lost 0.19 to 5.24...Gold was lower by 13.00 to 1,086.50…ECONOMIC DATA: New Home Sales for December fell 7.6% to an annual sales rate of 342K versus a consensus range of 350K to 385K. MBA Purchase Applications for the week of 1/22 fell 3.3%. Crude Inventories for the week of January 22 were down -3.88M vs. consensus of 1.5M build. Gasoline inventories 1.99M vs. consensus of 900K build. Distillates 358K vs. consensus of 1.8M draw. The FOMC left interest rates unchanged between 0%-0.25% and expects rates to remain low for “an extended period.” They also said that MBS purchases will end in March as scheduled. Tomorrow…Durable Goods Orders, Jobless Claims, and EIA Natural Gas Report are due…Notable companies reporting Thursday before the opening bell include: Altria Group (MO), AT&T (T), Ball Corporation (BLL), Becton Dickinson and Company (BDX), Bemis (BMS), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), Celgene (CELG), Consol Energy (CNX), Dominion Resources (D), Eastman Kodak (EK), EQT Corporation (EQT), Ford (F), Franklin Resources (BEN), Goodrich (GR), Invesco (IVZ), Janus Capital (JNS), L-3 Communications (LLL), Life Technologies (LIFE), Lockheed Martin (LMT), Motorola (MOT), Raytheon (RTN), Rockwell Collins (ROK), Textron (TXT), The Estee Lauder Companies (EL), Timer Warner Cable (TWC), Xcel Energy (XEL), and Zimmer Holdings (ZMH). :theflyonthewall.com |
| | 15:32 EDT | | MOT |
| | 15:06 EDT | | MOT |
| theflyonthewall.com: | Earnings Preview: Motorola's Q4 report will be focused on Droid results | | Motorola (MOT) is expected to report Q4 earnings before the market opens on Thursday, January 28, with a conference call scheduled for 8:00 am ET. The consensus estimate is 8c for EPS and $5.94B for revenue, according to First Call. On Motorola's last earnings call, management provided Q4 EPS guidance of 7c-9c from continue operations, above the then consensus of 6c. This will be the company's first quarter in which it sold phones based on Google's (GOOG) Android software. The phones -- the Cliq on T-Mobile USA (T, DT) and the Droid on Verizon Wireless (VZ, VOD) -- are the fruits of a shake-up of the phone business engineered by co-CEO Sanjay Jha, who joined the company a year and a half ago. Specifically, Verizon's CFO John Killian on it's earnings call said, that “the Droid has been extremely well received. Some think the Droid might be the most successful phone launch for Motorola since the Razr. Motorola has put on hold plans to spin off the cell phone unit, but The Wall Street Journal recently reported that the company has been looking to sell its largest division, Home and Networks Mobility, which makes TV set-top boxes, cable modems and related gear. However, the bids have been lower than what Motorola has been looking for, according to the paper. Tim Long at BMO Capital Markets expects Motorola to have sold about 1.3M Android phones at an average price of $425 each, 4.5M iDEN units at an ASP of $170.3, and 8.5M legacy handsets at an ASP of $101.4. He still finds the company has a lot to prove in Android, and wants to see if it maintains its momentum this year. BMO' is modeling Q4 EPS of 9c on $16.6M in revenue, and for FY10 37c on $24.43B in revenue, above FY10 consensus of 34c and $24.0B. Key Issues for the conference call: an update on Motorola's past comments that it plans to launch more than 20 new smart phones in 2010, most of them running Android. Investors will look for more information on Motorola’s ODM strategy. There will be questions about the upcoming spinoff and the potential sale of its Home business, but BMO expects no new information at this time. :theflyonthewall.com |
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January 26, 2010
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| 09:01 EDT | | MOT |
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