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Wednesday, April 24, 2013

Motorola Solutions (MSI) stock plunges after revenue forecast cut

Communications gear maker Motorola Solutions Inc. cut its full-year revenue forecast, citing lower revenue from its enterprise business in the first half of the year. Shares of the company were down 9.28%, after Motorola reported lower-than-expected first-quarter revenue as growth slowed in its government business.

** charts after earnings **



  



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