Word: motorola
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...Asia. And assuming nations in the region don't orchestrate a turnaround soon, the current slump might provide China with an opportunity to steal the show. Many foreign investors already shun Southeast Asian nations in favor of China's huge market and cheap manpower. The $1.9 billion that Motorola spent on a semiconductor plant in Tianjin last year was more than the company has invested in Malaysia in the past three decades. More companies are likely to choose China if the rest of Asia can't stimulate local demand, and quickly...
...last week, which brought us the first round of earnings for the Quarter That Ate The Economy, the professional investing hordes had actually lowered their sights enough to be pleasantly surprised. And so it was that lackluster news from Yahoo, Microsoft and Motorola sparked a gaudy Thursday rally on all the indexes and some decent Friday follow-though, and the economic news out of Washington fostered hopes that the consumer would see us through...
Fast-moving execs have long yearned for a device that would serve as both cell phone and PDA. The quest to produce it has mostly yielded electronic Edsels. But some new gadgets are reversing the trend. In August Motorola will unveil its Accompli 009 ($600), the first such gizmo with global capability, working in most cities throughout Europe, Asia and the Americas. The device comes with a GSM-based phone, Web browser, e-mail and a plethora of PDA features. Samsung's SPH-I300 ($500), also due out in August, sports a Palm OS with color screen and stylus...
...numbers on the indexes, it was great news. Earnings reports after Wednesday's bell by Yahoo, Microsoft and Motorola turned Thursday into an almost-giddy celebration by investors. All major indexes started out hot at the bell and kept on chugging, with the Dow up 240 and the NASDAQ up over...
...Motorola also beat expectations by a penny a share, losing $232 million, or 11 cents a share. Analysts had expected a 12-cents-a-share loss. The stock was up $2, or 12 percent, in Thursday's trading...