Wednesday, March 05, 2008

Icahn Boosts Stake in Motorola (MOT)

In an amended13D filling after the close today, activist investor Carl Icahn disclosed that he raised his stake in Motorola (NYSE: MOT) from 114,289,100 shares (5% stake) to 142,362,000 shares (6.3% stake).

Motorola, Inc. provides wireless and broadband communication products worldwide

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Blogger Daniel said...

Motorola, despite being a huge company with lots of employees working in marketing, development, etc., still manufactures products that are not very easy to use, nor user-friendly. The only good thing is that they are reluctant to "take ideas" from its main competitors like Nokia or SonyEricsson. I wonder what is the "star-product" they currently have.

By the way, I think this daily updated article on American Indices will be useful for people interested on having fresh info on those indices.

9:43 AM  

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