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Motorola Solutions Inc (MSI.N)

MSI.N on New York Stock Exchange

82.93USD
22 May 2017
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$2.10 (+2.60%)
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Latest Key Developments (Source: Significant Developments)

Motorola Solutions declares quarterly dividend of $0.47 per share
Tuesday, 16 May 2017 10:44am EDT 

May 16 (Reuters) - Motorola Solutions Inc : :Motorola Solutions declares quarterly dividend.Sets regular quarterly dividend of $0.47 per share.  Full Article

Motorola Solutions Q1 non-GAAP earnings per share $0.71
Thursday, 4 May 2017 04:10pm EDT 

May 4 (Reuters) - Motorola Solutions Inc ::Motorola solutions reports first-quarter 2017 financial results.Q1 non-GAAP earnings per share $0.71.Q1 GAAP earnings per share $0.45.Q1 sales $1.3 billion versus I/B/E/S view $1.25 billion.Q1 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Motorola Solutions Inc qtrly backlog growth of $129 million from a year ago.Motorola Solutions Inc says company now expects 2017 revenue growth of approximately 2 percent versus prior outlook of 1 to 2 percent.Sees second-quarter 2017 revenue growth of 2 to 3 percent compared with Q2 of 2016.Motorola Solutions Inc - company ended quarter with $8.5 billion of backlog, up $129 million from year-ago quarter.Sees second-quarter 2017 non-GAAP earnings in range of $0.98 to $1.03 per share.Motorola Solutions Inc sees 2017 non-GAAP earnings per share to $5.08 to $5.23 versus prior outlook of $5.05 to $5.20.Fy2017 earnings per share view $5.18, revenue view $6.15 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.09 -- Thomson Reuters I/B/E/S.  Full Article

Motorola Solutions to acquire Kodiak Networks
Monday, 1 May 2017 01:00pm EDT 

May 1 (Reuters) - Motorola Solutions Inc :Motorola solutions to expand push-to-talk mobile offerings with kodiak networks acquisition.Says terms of transaction were not disclosed.Says acquisition is expected to close later this year.  Full Article

Motorola Solutions announces investigation of Hytera Communications by U.S. International Trade Commission
Friday, 28 Apr 2017 01:03pm EDT 

April 28 (Reuters) - Motorola Solutions Inc ::Motorola Solutions announces investigation of Hytera Communications by U.S. International Trade Commission.Says U.S. ITC to examine claims that Hytera is "unlawfully infringing" Motorola Solutions' patents.Investigation is based on a complaint filed by Motorola Solutions on March 29, 2017.Says potential remedies include enjoining Hytera from selling and marketing infringing products in u.s..If investigation determines Hytera "engaged in unlawful practices", ITC may issue an exclusion order to halt importation of infringing products.  Full Article

Motorola Solutions enters into revolving credit agreement with JPMorgan Chase Bank
Thursday, 27 Apr 2017 04:59pm EDT 

April 27 (Reuters) - Motorola Solutions Inc :Motorola Solutions Inc - on April 25, 2017, co entered into a new revolving credit agreement with JPMorgan Chase Bank, N.A. - SEC filing.Motorola Solutions Inc - new credit agreement provides for a $2.2 billion revolving credit facility with a $500 million letter of credit sublimit - sec filing.Motorola Solutions Inc - company has ability at any time to increase aggregate commitments under new credit agreement from $2.2 billion to $2.75 billion.Motorola Solutions Inc - company terminated its existing revolving credit agreement, dated as of May 29, 2014, with JPMorgan Chase Bank.Motorola Solutions - there were no outstanding loan borrowings under old credit agreement at time of termination, no early termination penalties were incurred.  Full Article

Motorola Solutions and RapidSOS introduce precise location for U.S. 911 smartphone calls
Wednesday, 26 Apr 2017 11:00am EDT 

April 26 (Reuters) - Motorola Solutions Inc ::Co, tech startup RapidSOS will soon begin delivering precise location information for U.S. 911 calls made from smartphones.  Full Article

Motorola Solutions files patent infringement complaint with U.S. ITC against Hytera Communications
Wednesday, 29 Mar 2017 09:43am EDT 

Motorola Solutions Inc : Files patent infringement complaint with U.S. International Trade Commission against Hytera Communications . Seeks immediate ITC investigation, exclusion order and cease-and-desist order . Legal action follows patent infringement and trade secret misappropriation complaints filed by co against Hytera on March 14, 2017 .Complaint asserts Hytera is "unlawfully" importing,selling two-way radio equipment,systems,related software that infringe co’ patents.  Full Article

Acacia Subsidiary, Saint Lawrence, awarded verdict of willful patent infringement in case against Motorola
Tuesday, 28 Mar 2017 06:00am EDT 

Acacia Research Corp : Acacia subsidiary, Saint Lawrence, awarded verdict of willful patent infringement in case against Motorola . Jury returned a verdict that five U.S. Patents were valid and infringed . Acacia Research Corp - Jury found infringement was willful and returned a damages award of nearly $9.2mln for past infringement .Acacia Research - unit received a jury verdict in its case against Motorola Inc in lead case number 2:15-cv-00349 pending in court.  Full Article

Motorola Solutions files patent infringement and trade secret misappropriation complaints against Hytera Communications
Tuesday, 14 Mar 2017 09:32am EDT 

Motorola Solutions Inc : Motorola solutions files patent infringement and trade secret misappropriation complaints against hytera communications .Motorola solutions -filed complaints in u.s. District court for northern district of illinois against hytera communications.  Full Article

Motorola Solutions buys Interexport for an undisclosed amount
Monday, 13 Mar 2017 03:37pm EDT 

Motorola Solutions Inc : Motorola Solutions expands managed & support services with Chile acquisition . Has acquired Interexport . Terms of transaction were not disclosed .Motorola Solutions expects Interexport to add approximately $50 million in revenue for 2017.  Full Article

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BRIEF-Motorola Solutions declares quarterly dividend of $0.47 per share

* Sets regular quarterly dividend of $0.47 per share Source text for Eikon: Further company coverage: