Motorola Posts Unexpected Profit

October 29, 2009 10:32 AM |
Motorola Inc. (NYSE: MOT) announced an unexpected quarterly profit of a penny per share compared with a loss of 18 cents per share last year and raised its outlook for the current quarter.  Investors were also optimistic about prospects for the new Droid and Cliq smartphones sending the stock price up 87 cents to $8.83.

 

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