matteobarison
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li mortacci domani sar dura
TXN - Si avvicina il momento della verità per Texas Instruments
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- Data di inizio
matteobarison
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per curiosità è mai capitato che il titolo in after perda tipo i 10% e il giorno dopo perda molto meno???
Seven Of Nine
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TXN non lo so, ma altri titoli hanno chiuso pure verdi, certo non mi sembra questo il caso..
Ecco il focus sugli earnings:
Texas Instruments Inc., the second- largest U.S. semiconductor maker, plunged as much as 13 percent in extended trading after forecasting earnings that fell short of analysts' estimates because of slowing demand for its chips.
Third-quarter profit will be as little as 41 cents a share on sales of at least $3.26 billion, the Dallas-based company said yesterday. Analysts in a Bloomberg survey had estimated earnings of 51 cents a share on sales of $3.56 billion.
Mobile-phone chip revenue dropped because Texas Instruments lost orders at Sony Ericsson Mobile Platforms, while sales of so- called analog chips were worse than expected in June, Chief Financial Officer Kevin March said yesterday in an interview. That left investors concerned that a slowing economy is curbing demand for electronics.
``TI is saying they're definitely seeing some macroeconomic slowness,'' Mark Mowrey, an analyst at Al Frank Asset Management in Laguna Beach, California, said in a Bloomberg Television interview. ``The outlook looks a little light.''
Texas Instruments fell as much as $3.76 to $24.76 in extended trading. If repeated in regular New York Stock Exchange composite trading later today, that decline would be the biggest drop since October 2002.
Distributors of analog chips, which perform basic functions in devices from computers to washing machines, cut back orders last month to reduce inventory, March said. Analog chips have been one of Chief Executive Officer Rich Templeton's most resilient businesses, with sales growing 10 percent to $1.29 billion in the second quarter.
Conservative Forecasts
Texas Instruments' management often gives conservative forecasts, said Al Frank's Mowrey, adding that me may add to his fund's holdings of the company's stock.
Second-quarter net income declined to $588 million, or 44 cents a share, from $610 million, or 42 cents, a year earlier, Texas Instruments said. Sales fell 2.1 percent to $3.35 billion. Analysts had predicted, on average, a profit of 46 cents a share on sales of $3.39 billion.
``It's probably not coming from any one segment,'' Doug Freedman, an analyst at American Technology Research in San Francisco, said in Bloomberg Television interview. He has a neutral rating on the stock. ``Their revenue outlook is actually soft.''
Texas Instruments, whose total chip sales trail only Intel Corp.'s among U.S. companies, said wireless sales fell 12 percent to $903 million in the quarter. The company, the second-largest maker of mobile-phone chips, lost the top spot in the market to Qualcomm Inc. last year.
Analog chips accounted for about 35 percent of sales in 2007, making them the company's biggest business, and semiconductors used in phones provided 30 percent.
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January 26 (Bloomberg) -- Texas Instruments Inc., the second- largest U.S. chipmaker, topped fourth-quarter profit estimates and announced plans to cut 12 percent of jobs as it copes with a slowdown in orders from electronics customers. The share rose.
Fourth-quarter net income fell to $107 million, or 8 cents a share, from $756 million, or 54 cents, a year earlier, the Dallas-based company said today in a statement. Excluding reorganization costs, earnings were 21 cents a share, topping the average estimate of 12 cents in a Bloomberg survey of analysts.
The recession and slumping demand for mobile-phone chips prompted Texas Instruments to eliminate 1,800 jobs and shed an additional 1,600 through voluntary retirements. The savings from the move, along with cutbacks at its wireless business last year, will save about $700 million a year, the company said.
“There’s hope we are getting to the bottom,” said Bill Kreher, an analyst with Edward Jones in St. Louis. “The quicker we get to the bottom, the quicker we get to the recovery.”
Texas Instruments rose 53 cents, or 3.6 percent, to $15.30 in late trading after closing at $14.77 at 4 p.m. on the New York Stock Exchange. The stock fell 54 percent last year.
Sales decreased to $2.49 billion. Analysts had estimated $2.37 billion, according to a Bloomberg survey.
First Quarter
For the first quarter, Texas Instruments expects a loss of as much as 11 cents a share and sales of $1.62 billion to $2.12 billion. That compares with analysts’ estimates of 3 cents in earnings and $2.08 billion in sales on average.
The job cuts, which should be completed by the third quarter, will cost about $300 million in severance payouts and other expenses.
The company had forecast last month that fourth-quarter profit would fall to as little as 10 cents a share, compared with a previous estimate of at least 30 cents. Texas Instruments predicted sales of $2.3 billion to $2.5 billion, down from an earlier estimate of as much as $3.07 billion.
Slowing mobile-phone sales are hurting demand for Texas Instruments’ digital chips, which run the devices. Demand for analog chips -- semiconductors that handle basic functions in everything from cars to washing machines -- had helped make for the phone slump, though not enough to maintain sales and profit.
“They’re doing great in analog, but that’s not a bastion -- there are definitely some issues there,” said Cody Acree, an analyst at Stifel Nicolaus & Co. in Dallas. He recommends buying the stock.
....
Texas Instruments, which has about 30,000 employees, said in December it was offering early retirement to 2,600. The deadline for that offer was Jan. 23.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMqcXhHpmuQA&refer=home
Fourth-quarter net income fell to $107 million, or 8 cents a share, from $756 million, or 54 cents, a year earlier, the Dallas-based company said today in a statement. Excluding reorganization costs, earnings were 21 cents a share, topping the average estimate of 12 cents in a Bloomberg survey of analysts.
The recession and slumping demand for mobile-phone chips prompted Texas Instruments to eliminate 1,800 jobs and shed an additional 1,600 through voluntary retirements. The savings from the move, along with cutbacks at its wireless business last year, will save about $700 million a year, the company said.
“There’s hope we are getting to the bottom,” said Bill Kreher, an analyst with Edward Jones in St. Louis. “The quicker we get to the bottom, the quicker we get to the recovery.”
Texas Instruments rose 53 cents, or 3.6 percent, to $15.30 in late trading after closing at $14.77 at 4 p.m. on the New York Stock Exchange. The stock fell 54 percent last year.
Sales decreased to $2.49 billion. Analysts had estimated $2.37 billion, according to a Bloomberg survey.
First Quarter
For the first quarter, Texas Instruments expects a loss of as much as 11 cents a share and sales of $1.62 billion to $2.12 billion. That compares with analysts’ estimates of 3 cents in earnings and $2.08 billion in sales on average.
The job cuts, which should be completed by the third quarter, will cost about $300 million in severance payouts and other expenses.
The company had forecast last month that fourth-quarter profit would fall to as little as 10 cents a share, compared with a previous estimate of at least 30 cents. Texas Instruments predicted sales of $2.3 billion to $2.5 billion, down from an earlier estimate of as much as $3.07 billion.
Slowing mobile-phone sales are hurting demand for Texas Instruments’ digital chips, which run the devices. Demand for analog chips -- semiconductors that handle basic functions in everything from cars to washing machines -- had helped make for the phone slump, though not enough to maintain sales and profit.
“They’re doing great in analog, but that’s not a bastion -- there are definitely some issues there,” said Cody Acree, an analyst at Stifel Nicolaus & Co. in Dallas. He recommends buying the stock.
....
Texas Instruments, which has about 30,000 employees, said in December it was offering early retirement to 2,600. The deadline for that offer was Jan. 23.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMqcXhHpmuQA&refer=home
Seven Of Nine
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A questi prezzi non è malvagia, solo che il rallentamento è stato così brusco che le previsioni sul cash flow futuro vanno riviste al ribasso.
Dal punto di vista finanziario sono piuttosto solidi, ma il segmento wireless è messo sotto pressione dai mobile-phone makers che all'aumentare degli inventari rallentano la domanda dei prodotti TXN. Piuttosto pressante la concorrenza di Qualcomm che indubbiamente sembra fare meglio anche se la differenza è ampiamente prezzata dal mercato.
Secondo me meglio aspettare segni di ulteriore debolezza prima di entrare, ma il titolo resta da monitorare.
Dal punto di vista finanziario sono piuttosto solidi, ma il segmento wireless è messo sotto pressione dai mobile-phone makers che all'aumentare degli inventari rallentano la domanda dei prodotti TXN. Piuttosto pressante la concorrenza di Qualcomm che indubbiamente sembra fare meglio anche se la differenza è ampiamente prezzata dal mercato.
Secondo me meglio aspettare segni di ulteriore debolezza prima di entrare, ma il titolo resta da monitorare.
Seven Of Nine
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Anzi ti dirò che guardando meglio QCOM la differenza di prezzo è troppo ampia
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03/24/09 - 09:07 AM EDT
Texas Instruments (TXN ) upgraded at Argus to buy from hold with a $23 price target based on early signs of improving demand and compelling valuation. Argus does not expect robust recovery near term, but believes TXN has made some structural changes that will benefit the company longer term.
http://www.thestreet.com/_yahoo/sto...s-cbs.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
Texas Instruments (TXN ) upgraded at Argus to buy from hold with a $23 price target based on early signs of improving demand and compelling valuation. Argus does not expect robust recovery near term, but believes TXN has made some structural changes that will benefit the company longer term.
http://www.thestreet.com/_yahoo/sto...s-cbs.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
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TXN oggi ha presentato il convertitore da analogico a digitale 24-bit delta-sigma più veloce del mondo: è il 60 % più veloce del concorrente più vicino
DALLAS, March 26 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) today introduced the industry's fastest 24-bit delta-sigma analog-to-digital converter (ADC), which delivers speeds of up to four mega samples per second (MSPS) - 60 percent faster than the nearest competition. The ADS1675 features a unique combination of wide bandwidth, outstanding ac and dc performance, and a dual-path digital filter to give greater flexibility to designers of automated test equipment, medical imaging, scientific instrumentation, and test and measurement. The low latency filter path provides 24-bit settling as fast as 2.65 us, thereby lending itself to fast multiplexed applications.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/03-26-2009/0004995255&EDATE=
DALLAS, March 26 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) today introduced the industry's fastest 24-bit delta-sigma analog-to-digital converter (ADC), which delivers speeds of up to four mega samples per second (MSPS) - 60 percent faster than the nearest competition. The ADS1675 features a unique combination of wide bandwidth, outstanding ac and dc performance, and a dual-path digital filter to give greater flexibility to designers of automated test equipment, medical imaging, scientific instrumentation, and test and measurement. The low latency filter path provides 24-bit settling as fast as 2.65 us, thereby lending itself to fast multiplexed applications.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/03-26-2009/0004995255&EDATE=
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TXN ha superato le attese : 1 cent di utile trimestrale contro attese di perdita di 4 cents, $2,09 miliardi di incassi contro consensus di 1,9.
Texas Instr. intende incrementare leggermente la produzione nel trimestre in corso.
TXN +3,46% in a. h.
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=OBR&Date=20090420&ID=9804174&Symbol=TXN
Texas Instr. intende incrementare leggermente la produzione nel trimestre in corso.
TXN +3,46% in a. h.
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=OBR&Date=20090420&ID=9804174&Symbol=TXN
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04/20/09 - 05:18 PM EDT
Texas Instruments(TXN ) beat targets and raised guidance after a strong first-quarter performance.
...
Sales for the March quarter were $2.09 billion, compared with $3.27 billion last year. Analysts were looking for revenue of $1.9 billion.
TI shares jumped 3%, or 48 cents, to $17.80 in after-hours trading Monday
"Demand for our products has begun to stabilize after sharp drops in the past two quarters. Many customers have increased orders for TI products as they have begun to slow down their inventory reductions," CEO Rich Templeton said in a press release Monday. He added, however, that the company had not yet seen signs of a broader economic recovery.
Looking ahead, TI says it expects to post an adjusted profit of about 13 cents a share, excluding $100 million in charges on sales of $2.17 billion. That is well above analysts' forecasts calling for the company to post a 2-cent profit on $1.94 billion in sales in the current quarter ending in June.
http://www.thestreet.com/story/10488544/1/ti-beats-views-raises-guidance.html?cm_ven=GOOGLEN
Texas Instruments(TXN ) beat targets and raised guidance after a strong first-quarter performance.
...
Sales for the March quarter were $2.09 billion, compared with $3.27 billion last year. Analysts were looking for revenue of $1.9 billion.
TI shares jumped 3%, or 48 cents, to $17.80 in after-hours trading Monday
"Demand for our products has begun to stabilize after sharp drops in the past two quarters. Many customers have increased orders for TI products as they have begun to slow down their inventory reductions," CEO Rich Templeton said in a press release Monday. He added, however, that the company had not yet seen signs of a broader economic recovery.
Looking ahead, TI says it expects to post an adjusted profit of about 13 cents a share, excluding $100 million in charges on sales of $2.17 billion. That is well above analysts' forecasts calling for the company to post a 2-cent profit on $1.94 billion in sales in the current quarter ending in June.
http://www.thestreet.com/story/10488544/1/ti-beats-views-raises-guidance.html?cm_ven=GOOGLEN
Seven Of Nine
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January 26, 2010 8:27 AM EST
Baird upgrades Texas Instruments (NYSE: TXN) from Neutral to Outperform. Price target increased from $28 to $30.
http://www.streetinsider.com/Upgrad...+Instruments+(TXN)+to+Outperform/5274355.html
February 1, 2010, 12:42 PM ET
Semiconductor companies have been posting impressive Q4 results, routinely beating Street expectations. But the stocks have nonetheless been trading off, as investors worry about the prospects for the rest of 2010. In a bold call, Broadpoint.Amtech analyst Doug Freedman today asserted that the Street is wrong - and that it’s time to go all-in on the chip sector.
Freedman thinks the SOX - the Philadelphia Semiconductor Index - can top the 400 level by year-end, reaching 375-380 in the next four months. That’s a gutsy, stake-in-the-ground prediction, given the index has lately traded south of the 320 level.
“It appears to us that the major bear thesis is almost fully priced in with multiples at historic lows,” he writes in a research note. “However, investors think the cycle is peaking, with an inventory build overshoot. We are taking the other side: that cycle overshoot will not be to the magnitude price-in as recovery to normalized levels should be sustainable and gradual, as the industry is targeting sustained profitability, not unreasonable growth forecasts.”
http://blogs.barrons.com/techtrader.../online.barrons.com/article/BL-TB-21176.html?
Baird upgrades Texas Instruments (NYSE: TXN) from Neutral to Outperform. Price target increased from $28 to $30.
http://www.streetinsider.com/Upgrad...+Instruments+(TXN)+to+Outperform/5274355.html
February 1, 2010, 12:42 PM ET
Semiconductor companies have been posting impressive Q4 results, routinely beating Street expectations. But the stocks have nonetheless been trading off, as investors worry about the prospects for the rest of 2010. In a bold call, Broadpoint.Amtech analyst Doug Freedman today asserted that the Street is wrong - and that it’s time to go all-in on the chip sector.
Freedman thinks the SOX - the Philadelphia Semiconductor Index - can top the 400 level by year-end, reaching 375-380 in the next four months. That’s a gutsy, stake-in-the-ground prediction, given the index has lately traded south of the 320 level.
“It appears to us that the major bear thesis is almost fully priced in with multiples at historic lows,” he writes in a research note. “However, investors think the cycle is peaking, with an inventory build overshoot. We are taking the other side: that cycle overshoot will not be to the magnitude price-in as recovery to normalized levels should be sustainable and gradual, as the industry is targeting sustained profitability, not unreasonable growth forecasts.”
http://blogs.barrons.com/techtrader.../online.barrons.com/article/BL-TB-21176.html?
Allegati
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* Q1 rev $3.2 bln vs analyst view $3.1 bln
* Sees Q2 rev $3.31 bln-$3.59 bln
* TI shares rise slightly in late trade
NEW YORK, April 26 (Reuters) - Texas Instruments Inc (TXN.N) posted a quarterly profit at the high end of its forecast range and it said revenue would rise in the current quarter.
The maker of chips used in products ranging from cellphones to industrial equipment said on Monday its profit rose to $658 million, or 52 cents per share, from $17 million, or 1 cent per share, in the year-ago quarter at the height of the economic crisis.
Revenue rose to $3.2 billion from $2.09 billion, compared with analysts' average expectation of $3.1 billion, according to Thomson Reuters I/B/E/S.
TI had forecast earnings per share of 48 cents to 52 cents and revenue of $3.07 billion to $3.19 billion.
http://www.reuters.com/article/idUSN2621118820100426?type=marketsNews
http://www.marketwatch.com/story/texas-instruments-profit-surges-in-first-quarter-2010-04-26
* Sees Q2 rev $3.31 bln-$3.59 bln
* TI shares rise slightly in late trade
NEW YORK, April 26 (Reuters) - Texas Instruments Inc (TXN.N) posted a quarterly profit at the high end of its forecast range and it said revenue would rise in the current quarter.
The maker of chips used in products ranging from cellphones to industrial equipment said on Monday its profit rose to $658 million, or 52 cents per share, from $17 million, or 1 cent per share, in the year-ago quarter at the height of the economic crisis.
Revenue rose to $3.2 billion from $2.09 billion, compared with analysts' average expectation of $3.1 billion, according to Thomson Reuters I/B/E/S.
TI had forecast earnings per share of 48 cents to 52 cents and revenue of $3.07 billion to $3.19 billion.
http://www.reuters.com/article/idUSN2621118820100426?type=marketsNews
http://www.marketwatch.com/story/texas-instruments-profit-surges-in-first-quarter-2010-04-26
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Texas Instruments Inc., the second- biggest U.S. chipmaker, said sales and profit will be at the upper end of earlier targets, buoyed by demand for industrial machinery.
Second-quarter profit will be 60 cents to 64 cents on sales of at least $3.45 billion, the Dallas-based company said today in a statement. That compares with April predictions of 56 cents to 64 cents a share on revenue of at least $3.31 billion.
Texas Instruments is the biggest producer of analog chips, which go into everything from automobiles to digital cameras, making its earnings an indicator of demand for electronics. The company has struggled to keep up with orders, limiting its ability to increase earnings. It’s now better able to boost output, said Tristan Gerra, an analyst for Robert W. Baird & Co.
“For the first time in several quarters, they’ve been able to address their supply issues,” said the Milwaukee-based analyst, who has an outperform rating on the stock and doesn’t own it. “There is a catch-up effect from the first quarter.”
Analysts had estimated second-quarter profit of 61 cents a share and revenue of $3.47 billion on average, according to a Bloomberg survey.
Texas Instruments rose 8 cents to $23.97 in extended trading after the report. The shares, down 8.3 percent this year, closed at $23.89 on the New York Stock Exchange.
‘Broad-Based Strength’
“We are seeing some pretty broad-based strength,” Vice President Ron Slaymaker said on a conference call. He downplayed concerns that European demand is slowing, saying that orders there are keeping pace with other regions. Sales from industrial companies grew faster than those from other sectors, he said.
.....
June 8, 2010 17:55 EDT
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8LDag2JLE8k&pos=3
Second-quarter profit will be 60 cents to 64 cents on sales of at least $3.45 billion, the Dallas-based company said today in a statement. That compares with April predictions of 56 cents to 64 cents a share on revenue of at least $3.31 billion.
Texas Instruments is the biggest producer of analog chips, which go into everything from automobiles to digital cameras, making its earnings an indicator of demand for electronics. The company has struggled to keep up with orders, limiting its ability to increase earnings. It’s now better able to boost output, said Tristan Gerra, an analyst for Robert W. Baird & Co.
“For the first time in several quarters, they’ve been able to address their supply issues,” said the Milwaukee-based analyst, who has an outperform rating on the stock and doesn’t own it. “There is a catch-up effect from the first quarter.”
Analysts had estimated second-quarter profit of 61 cents a share and revenue of $3.47 billion on average, according to a Bloomberg survey.
Texas Instruments rose 8 cents to $23.97 in extended trading after the report. The shares, down 8.3 percent this year, closed at $23.89 on the New York Stock Exchange.
‘Broad-Based Strength’
“We are seeing some pretty broad-based strength,” Vice President Ron Slaymaker said on a conference call. He downplayed concerns that European demand is slowing, saying that orders there are keeping pace with other regions. Sales from industrial companies grew faster than those from other sectors, he said.
.....
June 8, 2010 17:55 EDT
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8LDag2JLE8k&pos=3
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09/16/10 - 07:38 PM EDT
The technology sector continued to throw around money late Thursday as Texas Instruments(TXN) announced plans to buy back $7.5 billion worth of its common stock and boost its quarterly dividend by 8%.
.... Shares of Dallas-based Texas Instruments, which trimmed its financial outlook for the third quarter on Sept. 9, got an immediate boost on the news. The stock jumped 3.1% to $25.75 in extended trades. Based on its close in the regular session at $24.98, the shares were down 5.3% year-to-date.
The $7.5 billion figure represents roughly 25% of Texas Instruments's market capitalization of around $30 billion, and the company said the new authorization was in addition to the $1.3 billion of buying power left under its previous repurchase program.
Texas Instruments said the quarterly dividend would go up a penny to 13 cents a share, bringing its annual payout to 52 cents a share. The new dividend is going to be payable Nov. 22 to shareholders of record on Nov. 1, and it's expected to be formally approved by the company's regular board meeting in October.
"These actions are evidence of our company's ongoing commitment to return value directly to our shareholders," said Rich Templeton, the chairman, president and CEO of Texas Instruments, in a statement.
The semiconductor company is slated to report its third-quarter results on Oct. 18, and the current average estimate of analysts polled by Thomson Reuters is for earnings of 69 cents a share in the September period on revenue of $3.69 billion
http://www.thestreet.com/_yahoo/story/10864062/1/texas-instruments-goes-big-with-buyback.html?cm_ven
http://data.cnbc.com/quotes/txn
The technology sector continued to throw around money late Thursday as Texas Instruments(TXN) announced plans to buy back $7.5 billion worth of its common stock and boost its quarterly dividend by 8%.
.... Shares of Dallas-based Texas Instruments, which trimmed its financial outlook for the third quarter on Sept. 9, got an immediate boost on the news. The stock jumped 3.1% to $25.75 in extended trades. Based on its close in the regular session at $24.98, the shares were down 5.3% year-to-date.
The $7.5 billion figure represents roughly 25% of Texas Instruments's market capitalization of around $30 billion, and the company said the new authorization was in addition to the $1.3 billion of buying power left under its previous repurchase program.
Texas Instruments said the quarterly dividend would go up a penny to 13 cents a share, bringing its annual payout to 52 cents a share. The new dividend is going to be payable Nov. 22 to shareholders of record on Nov. 1, and it's expected to be formally approved by the company's regular board meeting in October.
"These actions are evidence of our company's ongoing commitment to return value directly to our shareholders," said Rich Templeton, the chairman, president and CEO of Texas Instruments, in a statement.
The semiconductor company is slated to report its third-quarter results on Oct. 18, and the current average estimate of analysts polled by Thomson Reuters is for earnings of 69 cents a share in the September period on revenue of $3.69 billion
http://www.thestreet.com/_yahoo/story/10864062/1/texas-instruments-goes-big-with-buyback.html?cm_ven
http://data.cnbc.com/quotes/txn
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Utile trimestrale di $0.71 superiore alla stima del consenus che era di 0.69
DALLAS, Oct. 25 /PRNewswire-FirstCall/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) today announced third-quarter revenue of $3.74 billion, net income of $859 million and earnings per share of 71 cents.
"Our strong performance was driven by growth in all of our segments," said Rich Templeton, TI chairman, president and chief executive officer. "TI's continuing transformation to a company focused on Analog and Embedded Processing delivered new highs for both gross and operating margins. Strong earnings per share demonstrate the combined impact of solid profits and our diligence to return excess capital to our shareholders through stock repurchases.
"Demand from industrial markets was especially strong, while consumer demand cooled, impacting markets such as computing and televisions. Across a wide array of markets, our Analog and Embedded Processing products and Wireless smartphone chips continued to gain share. These products are broadly needed in today's electronic equipment, and our market share gains reflect the focused investments we've made in our portfolio, applications support and manufacturing capacity.
"Importantly, we soon will begin initial shipments from RFAB, the world's first 300-millimeter manufacturing facility for analog semiconductors. In the quarter, we also purchased a 200-millimeter analog manufacturing facility in Aizu, Japan, and this month we began our first semiconductor manufacturing operations in China with the purchase of a facility in the high-tech region of Chengdu. These purchases have been made at substantial discounts, and they support our plans to continue gaining market share over the long term.
...
TI reports financial results for 3Q10 -- DALLAS, Oct. 25 /PRNewswire-FirstCall/ --
DALLAS, Oct. 25 /PRNewswire-FirstCall/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) today announced third-quarter revenue of $3.74 billion, net income of $859 million and earnings per share of 71 cents.
"Our strong performance was driven by growth in all of our segments," said Rich Templeton, TI chairman, president and chief executive officer. "TI's continuing transformation to a company focused on Analog and Embedded Processing delivered new highs for both gross and operating margins. Strong earnings per share demonstrate the combined impact of solid profits and our diligence to return excess capital to our shareholders through stock repurchases.
"Demand from industrial markets was especially strong, while consumer demand cooled, impacting markets such as computing and televisions. Across a wide array of markets, our Analog and Embedded Processing products and Wireless smartphone chips continued to gain share. These products are broadly needed in today's electronic equipment, and our market share gains reflect the focused investments we've made in our portfolio, applications support and manufacturing capacity.
"Importantly, we soon will begin initial shipments from RFAB, the world's first 300-millimeter manufacturing facility for analog semiconductors. In the quarter, we also purchased a 200-millimeter analog manufacturing facility in Aizu, Japan, and this month we began our first semiconductor manufacturing operations in China with the purchase of a facility in the high-tech region of Chengdu. These purchases have been made at substantial discounts, and they support our plans to continue gaining market share over the long term.
...
TI reports financial results for 3Q10 -- DALLAS, Oct. 25 /PRNewswire-FirstCall/ --
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10.25.10, 05:50 PM EDT
Texas Instruments released earnings ahead of consensus forecasts paced by strong industrial demand.
10/26/2010 8:30AM ET
The Dallas-based company managed to grow in all four of its segments, with its largest and most profitable sector, analog, showing sales growth of 35% to $1.6 billion, generating revenues of $520 million, a 67% jump from Q3 2009. Texas Instruments is the leader in digital signal processors (DSPs) and analog semiconductors, as well as a major supplier of chips for mobile phones behind Qualcomm ( QCOM ).
Rich Templeton, chairman for the technology company, said "TI's continuing transformation to a company focused on analog and embedded processing delivered new highs for both gross and operating margins." The embedded processing sector produces microcontrollers and digital processors. It generated profits of $160 million, up an impressive 113% from Q3 2009, on sales for $579 million.
The wireless sector, which produces chips for smartphones and tablets, recorded sales for $767 million and profits for $180 million, up 71%.
"Demand from industrial markets was especially strong, while consumer demand cooled, impacting markets such as computing and televisions. Across a wide array of markets, our Analog and Embedded Processing products and Wireless smartphone chips continued to gain share," said Templeton.
Texas Instruments Dips Into The Chips Party, Earnings Top Expectations - Forbes.com
Texas Instruments released earnings ahead of consensus forecasts paced by strong industrial demand.
10/26/2010 8:30AM ET
The Dallas-based company managed to grow in all four of its segments, with its largest and most profitable sector, analog, showing sales growth of 35% to $1.6 billion, generating revenues of $520 million, a 67% jump from Q3 2009. Texas Instruments is the leader in digital signal processors (DSPs) and analog semiconductors, as well as a major supplier of chips for mobile phones behind Qualcomm ( QCOM ).
Rich Templeton, chairman for the technology company, said "TI's continuing transformation to a company focused on analog and embedded processing delivered new highs for both gross and operating margins." The embedded processing sector produces microcontrollers and digital processors. It generated profits of $160 million, up an impressive 113% from Q3 2009, on sales for $579 million.
The wireless sector, which produces chips for smartphones and tablets, recorded sales for $767 million and profits for $180 million, up 71%.
"Demand from industrial markets was especially strong, while consumer demand cooled, impacting markets such as computing and televisions. Across a wide array of markets, our Analog and Embedded Processing products and Wireless smartphone chips continued to gain share," said Templeton.
Texas Instruments Dips Into The Chips Party, Earnings Top Expectations - Forbes.com
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October 26, 2010 08:39 EDT
TXN Texas Instruments rebound continuing, says Stifel Nicolaus.
After Texas Instruments reported stronger than expected Q3 results, Nicolaus Stifel believes that Texas Instruments is continuing to increase its stability and profitability. The firm raised its target on the stock to $34 from $29 and reiterates a Buy rating.
:theflyonthewall.com
Theflyonthewall.com equity news: TXN Texas Instruments rebound continuing says Stifel Nicolaus
10/25/10 - 06:53 PM EDT
...
Tim Seymour said on CNBC's "Fast Money" TV show that because TI stock is not expensive, it might be attractive to buyers to purchase on weakness.
'Fast Money' Recap: Texas Instruments Looks Attractive - TheStreet
TXN Texas Instruments rebound continuing, says Stifel Nicolaus.
After Texas Instruments reported stronger than expected Q3 results, Nicolaus Stifel believes that Texas Instruments is continuing to increase its stability and profitability. The firm raised its target on the stock to $34 from $29 and reiterates a Buy rating.
:theflyonthewall.com
Theflyonthewall.com equity news: TXN Texas Instruments rebound continuing says Stifel Nicolaus
10/25/10 - 06:53 PM EDT
...
Tim Seymour said on CNBC's "Fast Money" TV show that because TI stock is not expensive, it might be attractive to buyers to purchase on weakness.
'Fast Money' Recap: Texas Instruments Looks Attractive - TheStreet