Texas Instruments posted third-quarter revenue of $3.5 billion, up 8 percent from the year-ago period and above Wall Street forecasts.» Read More
Stocks ended higher and the Dow closed at a new record after the Federal Reserve voted to keep interest rates unchanged. "You're seeing a lot of money that was put on the sidelines earlier in the day … that money was safe to come into the market," said Jeff Kleintop, chief market strategist at LPL Financial Services.
Analyst upgrades and earnings reports were some of the catalysts behind the most actively traded stocks on Wednesday.
Texas Instruments is looking abroad when it comes to boosting revenue and earnings, said President and Chief Executive Rich Templeton, speaking at the company’s annual analyst meeting. “We’re probably not a great proxy in terms of the U.S. economy,” Templeton told “Morning Call.” He explained, “More than 70% of our revenue actually ships around the world.”
In this feature CNBC Contributor Herb Greenberg confronts the guys about one of their more controversial picks. Click here to find out which clothing company brings Jeff Macke and Herb to blows... also the tech titan that leaves Herb and Tim Strazzini at each others throats.
U.S.-based Texas Instruments, the world's biggest maker of mobile phone chips, will build a second production plant in the Philippines for $1 billion, a cabinet minister said on Thursday.
Texas Instruments (TXN), the world's largest maker of mobile-phone chips, reveals information about the future of chip sales, and the news spreads like wildfire. Click here to find out how the news affected some of biggest stocks in the space.
It was an extra-long Lightning Round today. That means more callers, more genius from Cramer and more strategies for Home Gamers. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Texas Instruments reported first-quarter results above analysts' expectations and raised guidance for the second quarter, sending its stock higher in after-hours trading. "We believe the inventory correction that began in the second half of last year largely ended in the first quarter," said Chief Executive Rich Templeton.
Ashok Kumar, an analyst at Raymond James, told CNBC’s “Squawk Box” that he expects Texas Instruments’ earnings to improve in the second half of the year.
Nokia, the world's largest maker of mobile phones, said Monday that it filed complaints against wireless technology company Qualcomm in Germany and the Netherlands.
Despite what you’re hearing these days, tech isn’t going to bottom any time soon. Don’t get bamboozled by hopeful analysts – hope is not a part of the equation.
Stocks closed down sharply in its second-worst daily decline of the year as the woes in the subprime mortgage market continued to rattle the major markets, particularly financial stocks."I don't this is over," said Patrick Fay, director of equity trading at DA Davidson, in an interview with CNBC.com. "The market has been overdone for a while and it needs a correction."
Find out which stocks are moving and what traders are saying about them as they execute orders on the floor.
Qualcomm raised its forecast for fiscal second-quarter earnings and revenue on Tuesday, citing stronger-than-expected worldwide demand for products based on its CDMA mobile phone technology.
Wall Street analysts maintained largely positive views on Texas Instruments following the chip maker's quarterly update, with a number of analysts predicting an uptick in demand in the latter part of the year.
Texas Instruments narrowed earnings guidance and tightened sales expectations for the fiscal first quarter. The semiconductor company said after Monday's close that it expects fiscal first-quarter earnings to range from 29 cents to 33 cents a share, compared with earlier guidance of 28 to 34 cents.
Stocks closed higher as investors overcame concerns about subprime lending to spark a late-day rally. "We're going through a short-term bounce," Mark Arbeter, Chief Technical Strategist at Standard & Poor's, told CNBC. "Volume, so far, on the upside has been fairly light, which is not encouraging. "
And you thought with last week's earnings warning from Advanced Micro Devices and the mixed financial bag from National Semiconductor that we'd be done with chips for awhile.
Stocks were set to start the week lower after concerns about sub-prime mortgage lending dented enthusiasm for a very busy Merger Monday.
"Bull Market Intact? Analysts Hit the Street In Force, Recommending Altria, Monsanto" After a week where $1 trillion in value was lost and stocks shaved off, on average, 5%, Wall Street analysts finally felt safe enough to come out from hiding.