Motorola (MOT) may not do well in the rest of the world, but its sales in North America has been solid.
Investors probably can’t take the handset company’s performance in its home market for granted anymore.
The CEO at MOT today said that he expects to see "particularly rugged" competition in North America in the handset business in 2008 and into 2009 according to Reuters. The company’s shares dropped to $9.58, near their 52-week high.
It is surprising that they did not go lower.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying 1.5%, 2%, and even 5% cash back today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Or you can jump straight to our top pick today which pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.