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To: Tom Hua who wrote (8185)4/10/2001 5:44:07 PM
From: Brasco One  Respond to of 19633
 
Motorola reports first operating loss in 15 years
CHICAGO, April 10 (Reuters) - Motorola Inc. (NYSE:MOT - news), the world's second-largest mobile phone maker, on Tuesday reported a first quarter operating loss, its first in 15 years, reflecting weakness across all of its business units due to the downturn in the U.S. economy.

Motorola said it lost $206 million from ongoing operations in the first quarter, or 9 cents a share, excluding special items, compared with a profit of $481 million, or 21 cents, a year ago.

Analysts were expecting the company to report a loss between a penny and 14 cents according to market research firm Thomson Financial/First Call. The wireless communications and semiconductor giant warned in February it could report a first-quarter loss if an economic slowdown persisted.

Revenues for the period ending March 31 also fell 11 percent to $7.8 billion from $8.8 billion a year ago.



To: Tom Hua who wrote (8185)4/10/2001 5:48:11 PM
From: heronwater  Read Replies (1) | Respond to of 19633
 
Tom,

INFY reports tomorrow.

biz.yahoo.com