Rochester, NY 8/4/2009 8:40:12 PM
Texas Instruments, TXN - Released 2Q Balance Sheet
TEXAS INSTRUMENTS
TEXAS INSTRUMENTS, TXN
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Texas Instruments, one of the world's largest semiconductor companies, will be releasing its second quarter balance sheet, and Wall Street is expecting 18 cents per share. Texas Instruments has seen its stock rise 48.3% since the beginning of the year.
Last month, Texas Instruments raised and narrowed its second quarter sales guidance to between $2.3 billion and $2.5 billion, leading Adam Benjamin, an analyst at Jefferies, to calendar-year 2010 earnings estimate to $1.09 per share, from 92 cents. The company indicated the hike came as revenue from all its major segments rose.
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