Motorola (MOT) was up 1.2% after it said it expects its mobile phone unit to return to profitability in the fourth quarter.

The world's second-largest handset maker said it's cost-trimming measures are on track, and that it expects to start gaining market share by the end of the year.

The company last month posted a first-quarter loss of $402 million, down sharply from earnings of $53 million a year ago.