|Bid||114.51 x 200|
|Ask||115.30 x 100|
|Day's Range||114.24 - 115.73|
|52 Week Range||79.60 - 120.75|
|PE Ratio (TTM)||28.87|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||2.48 (2.20%)|
|1y Target Est||122.14|
Texas Instruments' new CEO is out of his job due to personal conduct, and Marriott says it will ban plastic straws. These headlines and more from CBS MoneyWatch.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Wednesday.
Let's check out the Yahoo Finance charts of the day. Texas Instruments (TXN ): Shares are down in early trade, at around .28%. CEO Brian Crutcher resigned his posts as CEO, president and board member after violating the company's code of conduct. Crutcher began his stinit as CEO on June 1st. The company says that Chairman Rich Templeton will return to his role as CEO on an "ongoing, indefinite basis". United Continental (UAL): Shares are up here, at around 7.6%. The airline reported adjusted quarterly profit of $3.23 per share, 16 cents above consensus estimates. United's revenue exceeded forecasts, and it also raised its full-year profit forecast as it makes efforts to gain market share. Ericsson (ERIC): Shares are up here, around 8.1%. The Swedish telecom equipment maker reported an unexpected profit for its latest quarter, saying that it was helped by stronger sales in North America. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.
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Earnings season got busy this week with the remainder of the big financial firms, most of our top industrial companies, and the first wave of tech leaders announcing their latest quarterly results. Next week will be even busier. Here are the top three technology reports to watch next week.
We expect Texas Instruments (TXN) to perform well driven by strength in several high-margin and high-growth areas of analog, and embedded processing markets.
DALLAS , July 19, 2018 /PRNewswire/ -- The Board of Directors of Texas Instruments Incorporated (NASDAQ: TXN) today declared a quarterly cash dividend of $0.62 per share of common stock, payable August ...
NEW YORK, NY / ACCESSWIRE / July 19, 2018 / Texas Instruments Incorporated closed down modestly on Wednesday. The company's CEO Brian Crutcher recently resigned for violating conduct and in his place, former CEO Rich Templeton has taken his position. Shares of Precipio saw big gains after announcing preliminary second quarter results.
The chief executives of three semiconductor companies have stepped down in the span of one month, in what appears to be a #MeToo-inspired and long-overdue reckoning for the male-dominated industry.
Over the last few weeks Intel (NASDAQ:INTC), Papa John’s (NASDAQ:PZZA) and Texas Instruments (NYSE:TXN) have all gotten rid of their high-priced CEOs, but their stocks have barely budged. Brian Krzanich of Intel and Brian Crutcher of Texas Instruments were both let go for violating their employers’ codes of conduct. Krzanich had an affair with an employee.
Rich Templeton is back at the helm after Brian Crutcher resigned, and that makes everything a little easier.
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Texas Instruments (NASDAQ:TXN) President and CEO Brian Crutcher is no longer with the company. According to a statement from the company, Texas Instruments CEO Brian Crutcher has resigned from his roles at the company after violating its code of conduct. The company doesn’t say exactly what happened, but it notes that the former CEO’s actions are not consistent with its ethics and core values.
Texas Instruments, United Continental and Ericsson are the Yahoo Finance charts of the day.
The company also took this opportunity to publish a solid set of second-quarter earnings and revenue figures.
Crutcher, who worked at Texas Instruments for 22 years, had been serving as CEO for just six weeks. Texas Instruments, which reported preliminary second-quarter results Tuesday, said the resignation was not related to company strategy, financial reporting or operations. "For decades, our company's core values and code of conduct have been foundational to how we operate and behave, and we have no tolerance for violations of our code of conduct," Mark Blinn, lead director of the TI board, said in a statement.