Motorola lowers revenue forecast after sale of its automotive division (The Philadelphia Inquirer)

Motorola lowers revenue forecast after sale of its automotive division (The Philadelphia Inquirer)
Motorola Inc., the maker of mobile phones, lowered its second-quarter revenue forecast to reflect the $1 billion sale of its automotive-electronics business to Continental AG. Revenue reported for the quarter will exclude about $400 million in automotive-unit sales, because the business was sold Sunday, Motorola said yesterday. Motorola, whose broadband unit is based in Horsham, adjusted its

Automotive Buyouts Force Baby Boomer Second Career Transitions - TheMatureMarket.com

Automotive Buyouts Force Baby Boomer Second Career Transitions - TheMatureMarket.com
Automotive Buyouts Force Baby Boomer Second Career TransitionsTheMatureMarket.com, France - 57 minutes ago… And now the automotive industry?s restructuring buyouts of 2005 and 2006 are forcing second careers to sprout out of the pain of a pink slip for boomers. …

Motorola completes sale of automotive electronics business to … - EMSNow

Motorola completes sale of automotive electronics business to … - EMSNow
Motorola completes sale of automotive electronics business to …EMSNow, UK - 16 minutes agoMotorola, Inc. (NYSE: MOT) announced it has completed the sale of its automotive electronics business to Continental AG, a leading automotive supplier, for …