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Motorola shuffles management, cuts first-quarter outlook

Motorola cited weaker-than-anticipated revenue from its cell-phone unit as one of the reasons for cutting its first-quarter forecast. The company also is shaking up its management, announcing that Greg Brown will step in as president and chief operating officer, while Thomas Meredith will take on the role of acting chief financial officer. Bloomberg1/ClipSyndicate (03/22), Houston Chronicle/Associated Press (03/21), Washington Post, The/PC World (03/22), Chicago Tribune (03/22)