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Motorola announces results

Monday, Oct. 13, 2003 | 9:35 a.m.

Motorola Inc. today announced better-than-expected profits and sales for the third quarter, rushing results out a day and a half early to counteract a downgrade by Moody's. The cell-phone maker earned $116 million in the three months ended Sept. 27, up 4.5 percent from a year earlier. The profit was 5 cents on a per-share basis.

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