Technology StocksMotorola (MOT)

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From: Bill Wolf7/21/2011 1:46:20 PM
   of 3435
Surprising Price Movement Found In Shares Of (NYSE: MMI)

Motorola Mobility Holdings, Inc. (NYSE: MMI): traded higher by 20.08% or $4.50/share to $26.91 In the past year, the shares have traded as low as $20.77 and as high as $36.54. On average, 3344260 shares of MMI exchange hands on a given day and today's volume is recorded at 8414100. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $26.2524 area.

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To: Bill Wolf who wrote (3415)7/21/2011 2:12:44 PM
From: JakeStraw
   of 3435
Motorola Mobility shares jump on Icahn filing

The filing stated that Icahn believes the company's patent portfolio "which is substantially larger than Nortel Networks' and includes numerous patents concerning 4G technologies, has significant value."

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From: JakeStraw8/15/2011 8:11:30 AM
2 Recommendations   of 3435
Google to buy Motorola Mobility for $12.5 billion in cash

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To: JakeStraw who wrote (3417)8/15/2011 9:11:50 AM
From: John Hayman
   of 3435
Well, that's it then. The big G gets the patents.

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To: JakeStraw who wrote (3417)8/15/2011 10:35:35 AM
From: Sr K
   of 3435

Google would pay Motorola $2.5 bln to walk -source 08/15 10:28 AM


* Deal break fee is $375 million -- source

* Reverse break fee represents 20 percent of deal size

By Nadia Damouni

NEW YORK, Aug 15 (Reuters) - Google Inc, would pay Motorola Mobility Holdings Inc a whopping $2.5 billion if it decided to walk away from its proposed $12.5 billion acquisition of Motorola, a source close to the situation said.

The reverse break-up fee represents 20 percent of the total size of the deal, announced Monday.

On the other side, if Motorola were to decide not to go through with the deal, it would have to pay Google a $375 million break-up fee, the source said. That represents 3 percent of the deal valuation of $12.5 billion.

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From: Sr K9/13/2011 11:16:16 PM
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Google's Motorola Bid: New Details

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From: Eric L1/26/2012 4:38:48 PM
1 Recommendation   of 3435
Motorola Mobility Q4 and CY2011 Earnings ...

>> Motorola Mobility Announces Fourth Quarter and Full-Year Financial Results

Motorola Mobility
Libertyville, Ill.
January. 26, 2012

Fourth Quarter Financial Highlights:

• Net revenues of $3.4 billion

• Non-GAAP net earnings of $0.20 per share compared to net earnings of $0.37 per share
in fourth quarter 2010; GAAP net loss of $0.27 per share compared to net earnings of
$0.27 per share in fourth quarter 2010

• Mobile Devices net revenues of $2.5 billion, up 5 percent from fourth quarter 2010

• Non-GAAP operating loss of $19 million; GAAP operating loss of $70 million

• Shipped 10.5 million mobile devices, including 5.3 million smartphones

• Home net revenues of $897 million, down 11 percent from fourth quarter 2010; Non-
GAAP operating earnings of $84 million; GAAP operating earnings of $57 million.

Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.4 billion in the fourth quarter of 2011, comparable to the fourth quarter of 2010. The GAAP net loss in the fourth quarter of 2011 was $80 million, or $0.27 per share, compared to net earnings of $80 million, or $0.27 per share, in the fourth quarter of 2010.

On a non-GAAP basis, net earnings in the fourth quarter 2011 were $61 million, or $0.20 per
share, compared to net earnings of $108 million, or $0.37 per share, in the fourth quarter of

For the full year, 2011 net revenues were $13.1 billion, up 14 percent compared to 2010. For
the full year, the GAAP net loss was $0.84 per share compared to a loss of $0.29 per share in
2010. On a non-GAAP basis, net earnings were $0.33 per share compared to a loss of $0.28
per share in 2010.

The Company generated positive operating cash flow of $225 million and $357 million in the
fourth quarter and full year, respectively. Total cash at the end of the quarter was $3.6 billion
and includes cash, cash equivalents, and cash deposits.

Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this
press release and in the financial tables.

“In the fourth quarter, we received very positive consumer response to Motorola RAZR, which
combined an iconic brand with ultra-thin in an innovative smartphone. Our Home business
continues to be a leader in the industry’s transformation to all IP, with unique solutions that
enable rich media experiences across any screen,” said Sanjay Jha, chairman and chief
executive officer, Motorola Mobility. “We remain energized by the proposed merger with Google
and continue to focus on creating innovative technologies.”

Operating Results

Mobile Devices net revenues in the fourth quarter, impacted by the increased competitive
environment, were $2.5 billion, up 5 percent compared with the year-ago quarter. The GAAP
operating loss was $70 million compared to operating earnings of $72 million in the year-ago
quarter. The non-GAAP operating loss was $19 million compared to operating earnings of $56
million in the year-ago quarter. For the full year 2011, net revenues were $9.5 billion, an
increase of 22 percent compared to 2010. The 2011 GAAP operating loss was $285 million
compared to an operating loss of $76 million in 2010. The 2011 non-GAAP operating loss was
$126 million compared to an operating loss of $198 million in 2010.

The Company shipped a total of 10.5 million and 42.4 million mobile devices in the fourth
quarter and full year 2011, respectively. This included 5.3 million and 18.7 million smartphones
and approximately 200 thousand and 1 million tablets in the fourth quarter and full year,

Mobile Devices Highlights:

• Launched Motorola RAZR™ extending the iconic RAZR brand around the world

• Announced DROID RAZR MAXX™, featuring twice as much battery life as the leading
competitor and measuring only 8.99 millimeters

• Unveiled the award-winning DROID 4 by Motorola, the thinnest and most powerful 4G
LTE QWERTY smartphone featuring a five-row keyboard and edge-lit keys

• Introduced two new 4G LTE tablets, the DROID XYBOARD 10.1™ and XYBOARD 8.2™.

• Announced the “life proof” Motorola DEFY™ MINI and slim MOTOLUXE™, two new value
priced additions to Motorola’s growing budget-friendly portfolio

• Shipped award-winning MOTOACTV™, the world’s first combined GPS fitness tracker
and MP3 player

• Launched two flagship devices in China – the TD-SCDMA Motorola MT917 and the
Motorola XT928, a dual-core, dual-mode, dual-standby smartphone

Home highlights:

• Launched DreamGallery next-generation HTML-5 video navigation software in North
America with Shaw Communications

• Expanded video leadership and paved the way for Canada's move to all-MPEG-4
broadcast and On-Demand HD services with Eastlink

• Demonstrated market leadership with introduction of new carrier Ethernet product line
for the deployment of cost-effective commercial services

• Introduced Motorola APEX3000, which delivers market-leading density to cost-effectively
add greater demand for narrowcast services such as VOD and DVR

• Selected by Altibox AS in Norway to provide VAP 2400 HD wireless video bridge to
enable multi-room TV services

Merger Update

As previously announced on August 15, 2011, Motorola Mobility and Google Inc. ("Google")
(NASDAQ: GOOG) entered into a definitive agreement for Google to acquire Motorola Mobility
for $40.00 per share in cash, or a total of approximately $12.5 billion. On November 17, 2011,
Motorola Mobility stockholders voted overwhelmingly to approve the proposed merger with
Google at the Company’s Special Meeting of Stockholders. The Company continues to work
closely with Google to complete the proposed acquisition of Motorola Mobility as expeditiously
as possible.

The Company notes that the transaction remains subject to various closing conditions. Antitrust
clearances, or waiting period expirations, are required by the U.S. Department of Justice (DOJ),
by the European Commission, and in Canada, China, Israel, Russia, Taiwan and Turkey.
Requisite filings have been submitted to the appropriate regulatory body in each of these
jurisdictions. Clearances have been received in Turkey and Russia. In Canada and the United
States, the statutory waiting period for the transaction has expired although the parties have
been informed that the reviewing agencies have not closed their respective investigations. In
December 2011, the Chinese Ministry of Commerce proceeded to phase two of its investigation.
In February, the European Commission is expected to announce whether it will close its
investigation or proceed to a phase two investigation.

The Company currently expects the transaction to close in early 2012 once all conditions have
been satisfied and reminds stockholders that it is possible that the failure to timely meet such
conditions or other factors outside of the Company's control could delay or prevent completion
of the transaction altogether.

For more information on the proposed merger, please visit

Conference Call and Webcast

In light of the pending acquisition of the Company by Google, the Company does not conduct a
financial analyst conference call or webcast following the release of its earnings information nor provide financial guidance. To access the fourth quarter results and other financial information, please visit

<skip rest>

See tables at opening link above. ###

- Eric -

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From: Road Walker5/23/2012 8:26:09 AM
   of 3435
Guess I can remove this thread from my subject marks... RIP Moto, so many ups and downs, so many profitable trades.

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To: Road Walker who wrote (3422)5/30/2012 9:12:57 AM
From: John Hayman
1 Recommendation   of 3435
Don't forget to turn out the lights!

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From: Eric L5/30/2012 11:29:08 AM
   of 3435
Google's Motorola Mobility

>> Who's in, who's out at Motorola

John Pletz
Crain's Chicago Business
May 22. 2012

Google Inc. wasted no time in re-engineering the management team at Motorola Mobility Inc. after closing the $12.5 billion deal, which was announced in August.

The leadership is a mix of Google insiders, imports and Motorola veterans. However, the company's center of gravity appears destined to continue its shift toward California that began under CEO Sanjay Jha, who joined Motorola nearly four years ago.

Dennis Woodside, a former head of sales for Google who headed the transition team for the Motorola deal, will be CEO, replacing Mr. Jha. He's joined by Gary Briggs, former Google vice president of consumer marketing, who led the Chrome browser push.

From the outside, Mr. Woodside has brought in Mark Randall, an and Nokia veteran, to run supply chain and operations; Vanessa Wittman, from Marsh & McClennan, will be chief financial officer; Scott Sullivan, who worked at Visa and chipmaker Nvidia, will manage human resources. Regina Duncan, who worked at Darpa, will run an R&D team to come up with new technology and products.

But several Motorolans have senior product roles. Iqbal Arshad, who led development of the original Droid smartphone, will run product development; Jim Wicks, who joined Motorola in 2001 from Sony, will continue to oversee product design; Mahesh Veerina, who joined Motorola in a 2010 acquisition, will lead software; Mark Shockley heads up sales; Marshall Brown continues as chief of staff; and Scott Offer remains chief counsel. Dan Moloney continues to run the set-top box business.

"This is good for Motorola," said James Schrager, clinical professor of entrepreneurship and strategy at the Booth School of Business at the University of Chicago. "When new people come in and wipe out all the old team, it's not a good sign."

Top executives who are leaving the company include Christy Wyatt, senior vice president of enterprise software; Juergen Stark, chief operating officer; Alain Mutricy, who oversaw product management; Scott Crum, head of human resources; Marc Rothman, chief financial officer; and Bill Ogle, chief marketing officer, who joined Motorola from Samsung in 2009 before the phone unit was separated from the public-safety business. Two of Mr. Jha's lieutenants — Dale Stone, head of government relations, and John Bucher, chief strategy officer — also are leaving.

"They want to improve things but not rock the boat too heavily," said Roger Entner, CEO of Recon Analytics, a Boston-based consulting firm. "The worst thing that could happen is they take over and the bottom falls out."

Mr. Woodside is based in Sunnyvale, Calif. Other managers will remain in Libertyville, the company says. Under Mr. Jha, much of Motorola's senior leadership team quietly shifted to San Diego, where he lived and Motorola employs about 700 people.

Google is finalizing plans to move its Illinois employees downtown in an effort to attract additional talent and shake up Motorola's staid culture, a source familiar with the plans says. It's looking for about 500,000 square feet of space at several locations, including the Merchandise Mart. The company declines to comment on a possible move.

The challenge for Mr. Woodside, a former McKinsey consultant who joined Google in 2003, is integrating the cultures of the two companies. He also will have to balance the challenge of running a phone business within Google as the search-engine giant tries to keep other hardware makers using its Android software and not defecting to Microsoft's WindowsPhone platform.

"Google is far more risk-taking and entrepreneurial," said Tom Kuczmarski, an innovation consultant and lecturer at Northwestern University's Kellogg School of Management. "Motorola has been engineering-based. Google is far more extroverted." ###

- Eric -

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