Texas Instruments quarterly profit, revenue fall
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Texas Instruments Inc  posted  on Monday lower quarterly profit and revenue as weak demand for  its calculators offset improving sales of advanced phones that  use its wireless chips.
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Cypress Semiconductor Corp., which makes computer and communications chips, on Thursday said third-quarter profit dropped as demand dried up throughout the industry.
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Texas Instruments Inc posted a 10 percent rise in quarterly profit on Monday, but gave a disappointing revenue forecast due to the loss of some business at customer Ericsson, sending its shares down as much as 4 percent.
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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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Texas Instruments Inc. , the world's largest maker of chips for cell phones, on Tuesday said it expects fourth-quarter revenue and earnings per share at the mid range of its previous estimates, as order trends remain soft.
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Japanese electronics group Toshiba Corp.  and Fujitsu Ltd.  said quarterly operating profit dropped on sharp price falls in microchips and hard drives, and forecast steeper price declines to come.
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Oil giant BP Plc  posted a  lower-than-expected 12 percent drop in fourth-quarter profit on  Tuesday as production fell and taxes rose but investors were  disappointed by scaled back growth plans and rising costs.
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Stocks opened slightly lower on Wednesday after Texas Instruments Inc  left its outlook unchanged, disappointing investors who expected an improving tech sector trend to continue.
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The soft drink maker said its fourth-quarter profit fell 31 percent from results a year ago that included a tax benefit from a settlement with the Internal Revenue Service.
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Boston Scientific Corp.  posted a lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stent fell by 32 percent.
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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&#39;s outlook.
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Chip maker Texas Instruments Inc.  lowered the mid-point of its second-quarter revenue target on Monday as sales of calculators missed its expectations, sending its shares down 2.3 percent.
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Chip maker Advanced Micro Devices Inc.  on Tuesday reported a quarterly loss from a year-earlier profit following a reduced forecast it gave last week.
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Medical device maker Medtronic Inc  on Tuesday said quarterly earnings fell on charges related to the acquisition of Kyphon.
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Natural gas producer and pipeline  company El Paso Corp.  posted a second-quarter profit on  Monday, but its exploration and production earnings weakened,  sending its shares down 4.5 percent.
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Texas Instruments Inc. TXN.N,  the largest maker of chips for cell phones, trimmed its  third-quarter revenue outlook on Wednesday as customers worked  off inventories of unsold chips, making it the second major  chip supplier to pare third-quarter expectations.
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Stocks fell on Tuesday as investors worried that higher interest rates would cut into corporate profits, while a disappointing outlook from Texas Instruments Inc.  dented optimism about tech spending.