FBR Capital Raises Price target on Texas Instruments (TXN) Following 3Q EPS Beat
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TI reports 3Q15 financial results and shareholder returns
October 21, 2015 4:30 PM EDT
DALLAS, Oct. 21, 2015 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $3.43 billion, net income of $798 million and earnings per share of 76 cents.
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:
"Revenue declined 2 percent from a year ago. While our overall demand remained weak, revenue was stronger than we expected. "Our core businesses of Analog and Embedded Processing each grew year over year. Together, they comprised 85 percent of third-quarter revenue and have... MoreTI revolutionizes capacitive sensing with world's only noise-immune solution
October 20, 2015 8:00 AM EDTDALLAS, Oct. 20, 2015 /PRNewswire/ --Â Texas Instruments (TI) (NASDAQ: TXN) today introduced a capacitive sensing integrated circuit (IC) family that is immune to environmental noise from sources such as radios, power supplies, lights and motors. The FDC2214 family offers 60x better performance in the presence of noise than existing capacitive-sensing solutions, enabling low-cost capacitive-based human body and object sensing in any environment. The new devices bring the benefits of capacitive sensing to applications that previously relied on other sensing technologies, enabling engineers to deliver noise-immune solutions that offer improved aesthetics, lower system... More
