Movers: Motorola, Apple, Freeport-McMoRan, AMD, Coach
Motorola (MOT) posts fourth quarter EPS from continuing operations of $0.05, vs. $0.21 a year ago, on 18% sales drop. It says recovery in Mobile Devices will take longer than expected and there is a lot more work to be done. Sees Q1 loss from cont. ops of $0.05-$0.07, excl. any reorganization of business charges associated with its op. expense reduction initiatives, other items. S&P maintains hold. Bear Stearns keep peer perform.See Pg. 4 , Pg. 5
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