<< Read Full Article
<< Read Full Article
Updated from 5:17 p.m. EST
Motorola (MOT Quote) posted fourth-quarter numbers that were generally in line with Wall Street's estimates but failed to ease investors' concerns about the health of the tech sector.
Shares of the No. 2 cell-phone maker dropped 6% in late trading after the company admitted that supply bottlenecks hurt handset sales in the latest quarter. Even so, CEO Ed Zander told investors on a postclose conference call that the mobile-phone division "hit the ball out of the park" and promised the issues wouldn't hurt the first quarter. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet