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Weak dollar, lower spending in China cut revenue outlook

Article Abstract:

Wavecome S.A. has lowered its revenue forecast for the 2003 second quarter. The company is now expecting a drop of 18%-23% in quarterly revenues compared to the first quarter period. Wavecome blamed the forecast on the weakness of the US dollar and on lower spending in China.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Wavecom Inc.

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Motorola trims profit outlook due to economy's slow pickup

Article Abstract:

Motorola Inc. has lowered its profit forecast for the 2003 year after reporting its results for the first quarter. The company blamed the forecast on the slow economic recovery.

Author: Drucker, Jesse
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
MOT

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Motorola's 3rd-period net up slightly

Article Abstract:

Motorola Inc. posted a rise in net income to $116 million (98.2 million euros) for the 2003 third quarter. This is compared to $111 million in the same 2002 period.

Author: Drucker, Jesse
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

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Subjects list: United States, Finance, Forecasts and trends, Telecommunications equipment industry, Market trend/market analysis, Company sales and earnings, Company earnings/profit, Motorola Inc.
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