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News Breaks
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| 06:14 EDT |  | MOT |
| theflyonthewall.com: | Class action lawsuit filed against Motorola regarding Q4 of 2007 RAZR2 sales | | The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the U.S. District Court for the Northern District of Illinois on behalf of purchasers Motorola, Inc. stock during the period between December 6, 2007 and January 22, 2008, inclusive for violations of the federal securities laws. No class has yet been certified in the above action. The complaint charges Motorola and certain of its officers and directors with violations of the federal securities laws for intentionally and knowingly misstating the 2007 fourth quarter earnings projections and sales demands for the RAZR2 during the 2007 holiday shopping season. Despite that fact that the RAZR2 was not attracting buyers in 2007 because it had not improved enough from the RAZR to earn the $299 price tag, numerous positive statements were made by Defendants. Motorola was losing significant market share to competitors for similar mobile handhelds. The Company reported 900,000 RAZR2s sold between August 2007 and September 31, 2007, on track to sell a total of 1.5M RAZR2s between October 1, 2007 and December 31, 2007. With this information, the senior executives knew that the Company was not on track to hit the $0.12-$0.14 profits that they had promised on December 6, 2007. :theflyonthewall.com |
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News For MOT From The Last 14 Days Check below for free stories on MOT the last two weeks.
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September 8, 2010
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| 14:07 EDT |  | MOT |
| theflyonthewall.com: | AT&T hints BlackBerry Torch sales not up to targets, electronista reports | | AT&T's (T) President of Wireless Operations, Fred Devereux, hinted that sales of Research in Motion's (RIMM) BlackBerry Torch were disappointing, according to electronista. Reference Link :theflyonthewall.com |
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September 7, 2010
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| 12:33 EDT |  | MOT |
| | 08:40 EDT | | MOT |
| theflyonthewall.com: | Ericsson and Motorola enter alliance to provide LTE-based broadband solutions |
 Subscribe for More Information :theflyonthewall.com |
| | 05:30 EDT | | MOT |
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September 3, 2010
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| 11:09 EDT | | MOT |
| theflyonthewall.com: | Motorola outlook raised to Positive from Stable by Fitch | | Fitch affirmed its ratings on Motorola and revised the rating outlook to Positive from Stable. The outlook revision to Positive follows Motorola's recent disclosure that it will contribute $3.5B of cash to Motorola Mobility upon separation from Motorola Solutions, subject to final board approval. :theflyonthewall.com |
| | 06:42 EDT | | MOT |
| | 05:50 EDT | | MOT |
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August 31, 2010
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| 17:43 EDT | | MOT |
| | 07:58 EDT | | MOT |
| theflyonthewall.com: | Motorola seeks to regain market share in China, WSJ reports | | Motorola (MOT) has introduced a new smartphone version of its handsets using a popular Chinese handwriting technology as it moves to regain lost market share in China, reports the Wall Street Journal. Reference Link :theflyonthewall.com |
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August 27, 2010
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| 11:47 EDT | | MOT |
| | 06:24 EDT | | MOT |
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