Motorola shares rise after profit beats estimates
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Motorola Inc  reported on  Thursday its first profit in 2007 and gave an outlook that beat  Wall Street expectations, in a sign the mobile phone maker has  started to turn around its business.
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Motorola Inc. , the world's No. 2 maker of cell phones, on Tuesday said its quarterly profit more than tripled, as sales rose 26 percent, driven in part by a host of new handset models and cost controls.
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Stocks rose on Friday after Ford Motor  Co. raised its earnings forecasts, but wireless technology  provider Qualcomm Inc. held back gains on the Nasdaq after  saying an accounting review may reduce pretax income.
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Nextel Communications Inc., the sixth  largest U.S. mobile company, on Friday said its third-quarter  profit rose amid strong customer growth and it raised its  earnings forecast for the full year.
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Stock futures rose on Thursday as results from mobile phone maker Motorola Inc  and fellow tech leader EMC Corp  helped ease worries about third-quarter earnings.
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Qualcomm Inc  posted an 18 percent rise in quarterly profit and gave an outlook that matched analyst estimates, driving its shares up more than 7 percent on relief the weak U.S. economy was not hurting demand for its mobile phone chips.
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Plus: Motorola shares rise after profit beats estimates...Electronics sales push Sony to profit...CNET reports deeper loss...STMicro sees market recovery.
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Motorola Inc  on Thursday  posted a small third quarter profit from continuing operations  and forecast another profit for the current quarter even as  revenue fell from a year ago.
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Motorola Inc. rode strong sales of its 20 new cell phones to a 34 percent increase in fourth-quarter profits, capping a resurgent year under new CEO Ed Zander.
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Shares in handset and appliance maker LG Electronics  surged as much as 7.6 percent on Friday, after the South Korean firm reported strong profits while bigger rival Motorola  posted another quarterly loss.
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking its stock to rise as much as 7 percent.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless  handsets amid robust sales of a range of function-rich phones.
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U.S. stocks are seen higher at the  open, buoyed by a positive outlook from Motorola Inc. MOT.N  and easing crude prices.
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Stock futures edged higher on Thursday as results from mobile phone maker Motorola Inc  and data storage equipment maker EMC Corp  helped sentiment about earnings.
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Motorola Inc., the world's No. 2 maker  of cell phones, on Tuesday said its quarterly profit more than  tripled, but growth in handset volumes disappointed Wall Street  and its shares fell 4.5 percent.
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Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and its shares rose 6 percent after the company reassured investors by repeating its forecast for a turnaround in subscriber losses.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The companyâs stock soared.