Jefferies Raises Price Target on Texas Instruments (TXN) Following 3Q Report
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TI reports 3Q16 financial results and shareholder returns, including 32% dividend increase
October 26, 2016 4:30 PM EDTDALLAS, Oct. 26, 2016 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $3.68 billion, net income of $968 million and earnings per share of 94 cents.
TI also increased its quarterly dividend by 32 percent to 50 cents per share, or $2.00 annualized. The increase reflects TI's continued strength in free cash flow generation and its commitment to return excess cash to shareholders. The quarterly dividend was declared and will be payable November 21, 2016, to shareholders of record on November 7, 2016.Â
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman,... More
TI's new USB Type-C™ and Power Delivery 3.0 devices improve power and data transfer, signal quality, and circuit protection
October 26, 2016 8:00 AM EDTDALLAS, Oct. 26, 2016 /PRNewswire/ -- Expanding the industry's most comprehensive portfolio of USB-compliant integrated circuits (ICs), Texas Instruments (TI) (NASDAQ: TXN) today introduced five new USB Type-C and Power Delivery (PD) devices that enable engineers to design USB Type-C electronics with better signal quality and protection against system damage.
The TUSB1046 family of linear redrivers is the industry's first to support 10G USB data and DisplayPort 1.4 video... More