Motorola Mobility (MMI) Sold Refurb Xoom Tablets With Previous Owner Info

Motorola Mobility (NYSE:MMI) announced that after selling some of its refurbished Xoom tablet computers on Woot.com, it discovered that some of them may still have the original owners information stored on it.

The company said that some of the 100 Zoom tablets it sold, may have the prior owners log in information, email account access and other documents.

In the statement, Motorola said that it will provide customers with free credit monitoring who purchased a Zoom tablet between March and October and returned it. The credit monitoring will be available for two years at no charge.

On Friday, European Data Protection regulators sent Google (Nasdaq:GOOG) a letter requesting that they delay launching its new privacy policy.

Regulars in Europe are hoping Google will comply with the delay, so it can make sure that the new data privacy rules do not break laws. The launch is currently set for March 1, which Google is hoping to begin combining a user’s data from youtube, its search engine and other Google sites in order to present the user with advertising better suited for them.

“We call for a pause (in the rollout of the new rules) in the interests of ensuring that there can be no misunderstanding about Google’s commitments to information rights of their users and EU citizens, until we have completed our analysis,” Jacob Kohnstamm, chairman of EU Privacy Group, said in the letter to Google.

 

Clorox (CLX) 2Q Earnings Climb 40 Percent

Clorox Co. (NYSE:CLX) said on Friday that its earnings jumped 40 percent in the second quarter as the company raised prices to keep up with higher costs.

In the fourth quarter, Clorox said it earned $105 million, or 79 cents per share, compared to earnings of $21 million, or 15 cents per share, a year earlier. Excluding one time items, adjusted earnings were 82 cents per share. Beating estimates of 69 cents per share.

Revenue gained 4 percent to $1.22 billion.

“We grew sales for the fourth consecutive quarter. Our U.S. categories continue to recover, and our market share remains healthy. While the economic climate remains challenging, our strategies are working and our people are executing well. I feel good about our plans for the remainder of the fiscal year.” Don Knauss, Chairman and Chief Executive Officer, said in a statement.

Clorox shares were up $1.13 to $69.86.

Estee Lauder (EL) Shares Fall On 3Q Outlook

Summary: Estee Lauder Co. (NYSE:EL) announced on Friday that its second quarter earnings were up 15 percent, but shares dropped on its third quarter outlook.

What Happened: The beauty product company said it saw an 18 percent jump in sales in Asia-Pacific during the second quarter. Its earnings were $396.7 million, or $1 per share, compared to earnings of $343.9 million, or 86 cents per share, a year earlier. Revenue rose 10 percent to $2.74 billion. Analysts expected earnings of $1.01 per share with $2.74 in revenue.

The Result: As sales overseas remains uncertain, Estee Lauder said for the third quarter, it expects earnings between 28 cents and 32 cents per share, which excludes one time items. Analysts are predicting 41 cents per share. Shares fell 99 cents to $56.49 during after market trading on Friday.