• Going climate neutral will cost trillions of dollars: Credit Suisse CEO
    Yahoo Finance

    Going climate neutral will cost trillions of dollars: Credit Suisse CEO

    Carbon neutrality will come at a steep price. Here's what Credit Suisse CEO Tidjane Thiam said on the topic at the 2020 World Economic Forum.

  • Dow Jones Futures: After Stock Market Pause, These 5 Top Stocks Move On News
    Investor's Business Daily

    Dow Jones Futures: After Stock Market Pause, These 5 Top Stocks Move On News

    Futures: After Wednesday's stock market rally pause, Texas Instruments, Teradyne, Citrix moved on earnings. PayPal and Paycom Software rose on other news.

  • Texas Instruments Points to Signs of Chip Industry Revival
    Bloomberg

    Texas Instruments Points to Signs of Chip Industry Revival

    (Bloomberg) -- Texas Instruments Inc. gave a quarterly sales and profit forecast that was in line with estimates, indicating that demand from electronics makers is poised to improve amid progress resolving the China-U.S. trade dispute.First-quarter earnings will be 96 cents a share to $1.14 a share, on revenue of $3.12 billion to $3.38 billion, the Dallas-based company said Wednesday in a statement. On average, analysts predicted profit of $1.04 a share and sales of $3.2 billion, according to data compiled by Bloomberg.Texas Instruments has the biggest customer list and widest product range in the semiconductor industry, making its earnings an indicator of demand across the economy. The company has told investors the electronics business is in the middle of a typical cyclical decline after companies ordered too many parts last year. Such gluts typically last five quarters. In Wednesday’s report, which also included fourth-quarter results, Texas Instruments posted its fifth consecutive period of year-over-year revenue declines.“Most markets showed signs of stabilizing,” the company said in the statement.The company’s forecast for the first quarter was held back by the outlook for the communications equipment industry, which is “going down hard,” Chief Financial Officer Rafael Lizardi said during a conference call. Texas Instruments’ key industrial and automotive markets are close to returning to growth, he said.Shares fell about 1% in extended trading after closing at $133.34 in New York. Despite the revenue declines, the stock has posted a 38% gain in the past 12 months.Three months ago, Texas Instruments said that the U.S. trade dispute with China, the world’s largest market for semiconductors, was adding to customer caution. Since then the countries have signed the first part of what’s promised to be a comprehensive set of trade agreements.Like other chipmakers, the company has raised to the U.S. government the risks to the industry from the trade fight with China and the action taken against Huawei Technologies Co., the Chinese telecommunications equipment giant. The Trump administration has barred U.S. companies from doing business in many cases with Huawei, citing national security concerns.Texas Instruments generated 3% to 4% of its annual revenue in 2019 and 2018 from Huawei, one of the biggest buyers of semiconductors, the company said.On Wednesday, Texas Instruments reported fourth-quarter net income fell to $1.07 billion, or $1.12 per share, from $1.24 billion, or $1.27, in the same period a year earlier. Revenue dropped almost 10% to $3.35 billion. Analysts had estimated a profit of $1.01 a share on sales of $3.21 billion.The company’s chips perform basic functions in everything from factory machinery to mobile phones. Texas Instruments gets the biggest portion of its revenue from the industrial market and is also a major supplier to automakers and telecommunications equipment producers.(Updates with comment from CFO in the fifth paragraph.)To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Texas Instruments Posts 4th-Quarter Beat in Tough Year for Semiconductors
    GuruFocus.com

    Texas Instruments Posts 4th-Quarter Beat in Tough Year for Semiconductors

    The chipmaker's strong results were tempered by an industry-wide decline Continue reading...

  • Cathay General (CATY) Beats Q4 Earnings Estimates
    Zacks

    Cathay General (CATY) Beats Q4 Earnings Estimates

    Cathay (CATY) delivered earnings and revenue surprises of 1.20% and -1.60%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Texas Instruments Beats Q4 Targets, Sees Stabilizing Chip Markets
    Investor's Business Daily

    Texas Instruments Beats Q4 Targets, Sees Stabilizing Chip Markets

    Chipmaker Texas Instruments late Wednesday beat Wall Street's sales and earnings targets for the fourth quarter. But the TI earnings report caused TXN stock to waver in extended trading.

  • Texas Instruments plans to shutter two of its Dallas-area chip facilities
    American City Business Journals

    Texas Instruments plans to shutter two of its Dallas-area chip facilities

    Texas Instruments Inc. (Nasdaq: TXN) is planning to close two of its older chip plants in North Texas even as it prepares to add new modern site. The company expects to shutter one of its factories in Dallas at its north campus and another one in Sherman, according to a statement from a spokesperson. Texas Instruments said "no changes to staffing are planned at this time" in the e-mail.

  • Texas Instruments (TXN) Surpasses Q4 Earnings and Revenue Estimates
    Zacks

    Texas Instruments (TXN) Surpasses Q4 Earnings and Revenue Estimates

    Texas Instruments (TXN) delivered earnings and revenue surprises of 9.80% and 3.93%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Texas Instruments stock slips as earnings and outlook barely clear a low bar
    MarketWatch

    Texas Instruments stock slips as earnings and outlook barely clear a low bar

    Texas Instruments Inc. shares slipped in the extended session Wednesday after the chip maker tops reduced estimates from Wall Street and forecasts a first-quarter range that bookends consensus estimates.

  • Logistics company Schenker laying off more than 250 people in Wichita
    American City Business Journals

    Logistics company Schenker laying off more than 250 people in Wichita

    While the company isn't being specific, it appears the layoffs could be tied to local turmoil in commercial aviation.

  • 3 High-Yield Tech Stocks for Dividend Investors to Buy Right Now
    Zacks

    3 High-Yield Tech Stocks for Dividend Investors to Buy Right Now

    Check out these three high-yield tech stocks we found using our Zacks Stock Screener that dividend investors might want to buy right now...

  • Barrons.com

    Fiduciary Trust Goes on Acquisition Tear

    The subsidiary of Franklin Templeton will boost its assets under management by about $10 million by acquiring The Pennsylvania Trust Company and Athena Capital Advisors.

  • 5 Guru Stocks Outperforming the Market
    GuruFocus.com

    5 Guru Stocks Outperforming the Market

    Sony tops the list Continue reading...

  • Moody's

    Eaton Corporation -- Moody's says Eaton's ratings unaffected by planned sale of Hydraulics business

    Moody's Investors Service ("Moody's") views the Eaton Corporation ("Eaton") announcement of January 21, 2020 that it had entered into an agreement to sell its Hydraulics business to Danfoss A/S for $3.3 billion in cash as a credit positive development, but it does not affect Eaton's Baa1 senior unsecured notes rating or postive outlook. Eaton Corporation plc, headquartered in Ireland with offices in Cleveland, OH, is a diversified industrial company with revenues of $21.6 billion as of September 30, 2019. This publication does not announce a credit rating action.

  • Sector ETFs & Stocks to Gain/Lose on Coronavirus Outbreak
    Zacks

    Sector ETFs & Stocks to Gain/Lose on Coronavirus Outbreak

    These sectors are directly related to the outbreak of Coronavirus in China in a positive or negative way,putting the spotlight on these ETFs and stocks.

  • Bloomberg

    Bridgewater Co-CIO Bob Prince Says Boom-Bust Cycle Is Over

    (Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Bob Prince, who helps oversee the world’s biggest hedge fund at Bridgewater Associates, says the boom-bust economic cycle is over.The tightening of central banks all around the world “wasn’t intended to cause the downturn, wasn’t intended to cause what it did,” Prince, the co-chief investment officer of Bridgewater, said in an interview with Bloomberg TV at the Swiss resort of Davos. “But I think lessons were learned from that and I think it was really a marker that we’ve probably seen the end of the boom-bust cycle.”The boom-bust cycle refers to economic expansion and contraction that repeats itself. However, central bank intervention since the financial crisis and monetary easing has disrupted that cycle and has helped fuel the longest-running bull market in stocks. That has led the hedge fund industry to struggle to match gains of passive funds tracking indexes.The Westport, Connecticut-based investment firm suffered its first annual loss since 2000 in its most prominent fund--Bridgewater Associates Pure Alpha II--last year. The fund lost 0.5%, only the fourth annual decline since starting in 1991. Many of its peers, by comparison, posted some of their best returns since 2008.Prince, who oversees Bridgewater’s $160 billion in assets with Ray Dalio and Greg Jensen, said that performance this year has been so far good for the firm. He was among at least 119 billionaires converging on Switzerland this week to join bankers, politicians and other grandees for their annual pilgrimage to the Alps for the World Economic Forum.Earlier this week, Dalio urged investors not to miss out an opportunity to benefit from strong markets. “Cash is trash,” he said in a CNBC interview in Davos on Tuesday. “There’s still a lot of money in cash.”Although Dalio said he believes the Federal Reserve can no longer stimulate the U.S. economy, he doesn’t think there will be a downturn this year.Morgan Stanley Chief Executive Officer James Gorman took issue with the suggestion that the patterns of booms and busts are done.“You’d have to kill fear and greed for that to be true,” Gorman said on Bloomberg TV in Davos. “There’s a reason we have cycles going back thousands of years and I don’t think that stops.”(Updates with Gorman comment in final paragraph.)\--With assistance from Jonathan Ferro and Tom Keene.To contact the reporter on this story: Nishant Kumar in London at nkumar173@bloomberg.netTo contact the editors responsible for this story: Shelley Robinson at ssmith118@bloomberg.net, Patrick HenryFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Barrons.com

    The Dow Is Up Because Markets Are Looking Past Virus Fears

    FEATURE Bouncing. The three major U.S. stock market indexes rose modestly, bouncing back despite fears about the newly identified virus spreading in China. The Dow Jones Industrial Average was up 20 points, or 0.

  • Franklin Resources (BEN) Earnings Expected to Grow: Should You Buy?
    Zacks

    Franklin Resources (BEN) Earnings Expected to Grow: Should You Buy?

    Franklin Resources (BEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • What Makes Morgan Stanley (MS) a Strong Momentum Stock: Buy Now?
    Zacks

    What Makes Morgan Stanley (MS) a Strong Momentum Stock: Buy Now?

    Does Morgan Stanley (MS) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Is Navient (NAVI) a Great Value Stock Right Now?
    Zacks

    Is Navient (NAVI) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Should Value Investors Buy Delta Air Lines (DAL) Stock?
    Zacks

    Should Value Investors Buy Delta Air Lines (DAL) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Texas Instruments Earnings in Q4
    Investing.com

    Texas Instruments Earnings in Q4

    Texas Instruments (NASDAQ:TXN) on Wednesday reported better-than-expected quarterly results as the backdrop in its core semiconductor markets showed signs of stabilizing. Looking ahead to the first quarter of 2020, Texas Instruments (NASDAQ:TXN) said it expected to report earnings per share in the range of $0.96 to $1.14, compared with the consensus of $1.03. Texas Instruments shares lost 1% in after-hours trading.

  • NAVI vs. CACC: Which Stock Should Value Investors Buy Now?
    Zacks

    NAVI vs. CACC: Which Stock Should Value Investors Buy Now?

    NAVI vs. CACC: Which Stock Is the Better Value Option?

  • TheStreet.com

    Texas Instruments Shares Edge Lower After Earnings Beat, Solid Guidance

    Texas Instruments checked off all the right boxes in its earnings report, but investors weren't enthused.

  • Is Morgan Stanley (MS) Outperforming Other Finance Stocks This Year?
    Zacks

    Is Morgan Stanley (MS) Outperforming Other Finance Stocks This Year?

    Is (MS) Outperforming Other Finance Stocks This Year?