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TXN Texas Instruments Incorporated

194.60
0.07 (0.04%)
After Hours
Last Updated: 21:45:41
Delayed by 15 minutes
Share Name Share Symbol Market Type
Texas Instruments Incorporated NASDAQ:TXN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.07 0.04% 194.60 192.95 195.50 194.98 192.74 193.63 2,871,733 21:45:41

TECH STOCKS: Tech Stocks Weaken, With Apple, TI Earnings On Tap

19/10/2009 3:40pm

Dow Jones News


Texas Instruments (NASDAQ:TXN)
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From Jul 2019 to Jul 2024

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By Rex Crum

Technology stocks began to show some weakness in early trading Monday as the sector awaited the latest quarterly results from Apple Inc. and Texas Instruments Inc.

The tech-heavy Nasdaq Composite Index (RIXF) rose early, but then fell 6 points to 2,150. The Morgan Stanley High Tech 35 Index (MSH) was up slightly, but the Philadelphia Semiconductor Index (SOX) was in negative territory.

Gains came from Oracle Corp. (ORCL), Google Inc. (GOOG) and IBM Corp. (IBM).

Decliners included Dell Inc. (DELL), Cisco Systems Inc. (CSCO) and Hewlett-Packard Co. (HPQ).

Much of the spotlight later in the day is expected to be on Apple Inc. (AAPL) as the company is scheduled to deliver its fourth-quarter results after the market closes. Apple's shares were off less than 1% to $186.80.

Analysts surveyed by Thomson Reuters expect Apple to earn $1.42 a share on $9.2 billion in sales for the quarter. Sales of the iPhone are expected to gain much of investors' attention.

TI (TXN) shares rose 51 cents, or about 2%, to $23.26 ahead of the communication-chip maker's third-quarter results, due after the market closes. Wall Street analysts estimate that TI will report a 17% drop in its quarterly sales compared to the same period a year ago.

 
 

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1 Year Texas Instruments Chart

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