US CREDIT-Motorola has come a long way, has more to go

Newswire

NEW YORK, Oct 29 (Reuters) - Motorola Inc. last week reported disappointing earnings, but its credit quality has improved dramatically since the spring, and has room to improve further, traders said. Motorola last week announced results that looked pretty good to credit investors, even if equity investors were disappointed with the company's slowing revenue growth and lower-than-expected handset shipments. Motorola reported that profit more than tripled to $479 million from $115 million ...

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