Is Texas Instruments Top-Line Beat Enough?
I made the mistake of getting out of my nice warm bed for some water at 3 a.m., and that was it — my eyes have been wide open since. The good news is I finished a book I’d been reading. The bad news is that my lack of Zs is just starting to hit me. I’m thinking about setting up a spot under my desk where I can get some good sack time, a la George Costanza. Asian stocks got hammered overnight. The Hang Seng and the Nikkei were off 2.37% and 1.78%, respectively. European stocks were lower early this morning, too. And here in the US, we’re currently trading higher. Here’s what I’m seeing this morning: Texas Instruments (TXN): Give its fourth-quarter release a gander. It put up $0.51 before items, whereas the Street had been looking for just $0.49. It beat by a smidge on the top line, too, and it painted a decent picture for the first quarter. My two cents: 1. It’s been consistently beating Street estimates, which I like, and that will garner it lots of attention among the investment comm
Is Texas Instruments Top-Line Beat Enough?