Emerson Electric expects profit to drop 11%

Article Abstract:

Emerson Electric Co. is forecasting a decline of 11% in its profits for the 2001 third-quarter. The company is attributing the forecast to slower electronics and telecommunications sales and profits.

Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Electronics industry, Emerson Electric Co., EMR

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Motorola will cut 2,000 more jobs, expects flat sales

Article Abstract:

Motorola Inc. has downsized its labor force by 2,000 employees due to the continuing telecommunications industry slowdown. The company is also forecasting flat sales for the 2001 third-quarter.

Labor force information, Communications Equipment, Communications Equipment Manufacturing, Human resource management, Telecommunications equipment, Motorola Inc., MOT, Sales

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Nokia expects equipment sales to fall this year

Article Abstract:

Nokia Corp. is forecasting a drop of 15% or more in cellular phone network equipment sales for the 2003 year. The company said it had seen no evidence of a systems market recovery.

Finland, Forecasts, trends, outlooks, Finance, Market trend/market analysis, Company sales and earnings, Nokia Corp., NOK, Company earnings/profit, Wireless networking equipment

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