This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google Cuts 1,200 More Jobs at Motorola Mobility: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include Google (GOOG - Get Report) after news the company will cut 1,200 additional jobs at Motorola Mobility.

The cuts are expected to take place in the U.S., China and India.

The move is a continuation of the reductions the company announced last summer. Four thousand jobs were cut at Motorola Mobility last August.

The Wall Street Journal published an email that was sent to Motorola staff notifying them of the cuts. The email from management said, "Our costs are too high, we're operating in markets where we're not competitive and we're losing money."

Google purchased Motorola for $12.5 billion last year. It was its largest acquisition to date.

Merck (MRK - Get Report) is trending as the company plans to close its manufacturing facility in Ireland by the end of 2015, a move that will result in the loss of 280 jobs.

The company said staff reductions will begin to take place at the end of next year and activities at the facility will wind down in 2014. It plans to transfer the manufacture of products from the Ireland facility to other locations.

Subaru is another popular search. The automaker is recalling about 47,000 vehicles with remote starters that are at risk of starting on their own.

Vehicles equipped with a remote engine starter can be started if the driver pushes a button, even if he is not inside. Subaru is concerned that key fobs that become damaged or dropped could wind up starting the vehicle when the button has not been pushed. Subaru said the engine may start and run for up to 15 minutes inadvertently, until the battery in the key fob dies or the vehicle runs out of fuel. This could lead to increased safety risk when the vehicle is parked in an enclosed area where a build-up of carbon monoxide could become dangerous.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOG $701.43 0.00%
MRK $54.09 0.00%
AAPL $93.24 0.00%
FB $117.81 0.00%
TSLA $211.53 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs