Motorola's Zander Buys Time

With a third-quarter profit and solid outlook, Motorola helped boost its stock price and improve the standing of its chief executive
Ed Zander speaking to the press after unveiling the newest in the line of Motorola cellular phones in New York, May 15, 2007 Robert Caplin/Bloomberg News

Motorola's Ed Zander just bought himself a reprieve. The wireless technology company turned in stronger than expected third-quarter results, pushing the company's stock up 6% in midday trading Oct. 25 and quieting the chief executive's many critics, at least for now.

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