TI slightly narrows forecasts, shares fall
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Texas Instruments Inc.  kept the midpoints of its quarterly profit and revenue forecast unchanged on Monday, disappointing investors who had hoped for an improvement in the chipmaker's outlook.
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Stock index futures pointed slightly  lower on Friday as traders turned cautious before consumer  price data that may influence expectations for further Federal  Reserve interest rate cuts.
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U.S. Treasury debt prices were lower  on Monday but trimmed losses after a key survey of U.S.  manufacturing offered mixed messages on the economy.
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U.S. stocks edged lower on Wednesday after weaker-than-expected data on the U.S. services sector added to concerns about the state of the economy and pushed the Dow back from Tuesday's record high.
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U.S. Treasury prices fell on Tuesday in  profit-taking after a weaker-than-expected consumer confidence  index failed to punch key yields below recent lows.
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Texas Instruments Inc. cut third-quarter revenue expectations Wednesday but narrowed its profit forecast to the upper end of previous guidance.
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U.S. stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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U.S. stocks slipped on Tuesday as  investors showed caution ahead of tech bellwether Intel Corp.'s  INTC.O earnings, while disappointing results from State  Street Corp. STT.N cast a cloud over the banking sector.
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Stock futures were lower on Wednesday, indicating a decline when the market opens, after data showed consumer prices rose slightly more than expected last month.
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Stock futures pointed to a lower market  open on Thursday as the technology sector remains under  pressure after Alcatel-Lucent  slashed its revenue  outlook.
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Leading shares closed weaker in dull trade, but finished off the morning low as Wall Street's early decline proved less than feared, dealers said.
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Texas Instruments narrowed its forecasts for third-quarter sales and profit amid signs of slower growth in handset demand.
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US stocks declined this week as disappointing sales forecasts from technology companies such as Xilinx Inc., Altera Corp. and Texas Instruments Inc.
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U.S. tech stocks fell on Wednesday  after Xilinx Inc. XLNX.O gave a reduced revenue outlook,  hurting the chip sector, while the Dow was slightly higher as  oil prices slipped after a government report showed a  higher-than-expected rise in distillate supply last week.
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Texas Instruments Inc., the leading maker of chips for cell phones, cut its profit and revenue forecast for the fourth quarter on Monday due to slower sales of semiconductors, and it warned that sales could weaken further early next year.
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DALLAS -- Texas Instruments Inc., the leading maker of chips for cell phones, cut its profit and revenue forecast for the fourth quarter on Monday due to slower sales of semiconductors, and it warned that sales could weaken further early next year.
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TOKYO - Stocks opened slightly lower Monday on the Tokyo Stock Exchange as declines in US technology shares last Friday prompted selling.