Texas Instruments cuts quarterly financial targets - 500 Beiträge pro Seite

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harhar mal davon abgesehen, dass Nokia morgen raisert gehört (kann sich eigentlich noch jemand an die senkung der margen neulich erinnern?) sehe ich ... alltimehigh


die 73 mio weniger gewinn bei siemens packen wir einfach mal unter die kategorie peanuts.


Technology
TI Slashes Sales Guidance
By Alexei Oreskovic
TheStreet.com Staff Reporter
12/11/2006 4:59 PM EST

Updated from 4:43 p.m. EST


Texas Instruments (TXN) trimmed its financial expectations for the fourth quarter, delivering a midquarter update that fell short of Wall Street expectations.

The news immediately sent shares down 20 cents to $29.10 in after-hours trading.

TI said sales in its fourth quarter will range between $3.35 billion and $3.5 billion, below analysts' expectations and the midpoint of its initial guidance, which pegged sales between $3.46 billion and $3.75 billion.

Earnings per share will range between 37 cents and 40 cents, TI said, vs. its intial expectation of EPS between 40 cents and 46 cents. Analysts polled by Thomson Financial were looking for 42 cents.

Shares of TI closed down a dime at $29.30.

TI's update has been anxiously awaited by investors as a barometer of the semiconductor industry's health.

Last week, a trio of chipmakers delivered disappointing reports to the Street. Xilinx (XLNX) and Altera (ALTR) both cut their sales projections, while National Semiconductor (NSM) said orders in its current quarter plunged 16%.

TI, the world's largest cell phone chipmaker, warned in October that demand for high-end, 3G phones was proving to be softer than expected. With bookings in its third quarter down $468 million sequentially, TI said it needed a strong infusion of turns -- new orders for shipments in the same quarter -- if it were to make the high end of its sales guidance.

On Monday, TI said that it now expects semiconductor sales in the fourth quarter to range between $3.28 billion and $3.42 billion, vs. its initial expectation of $3.39 billion and $3.66 billion in fourth-quarter chip sales.

TI also said revenue in its educational group, which makes calculators, will $10 million less than initially expected.

http://www.thestreet.com/newsanalysis/techsemis/10327218.htm…

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TXN wurde gestern ja von JP Morgan gerettet - midquarter update von GE:


Reuters
GE raises dividend, sets 2007 profit target
Tuesday December 12, 4:26 pm ET


BOSTON (Reuters) - General Electric Co. (NYSE:GE - News) said on Tuesday that it was raising its quarterly dividend by 12 percent, and that it expects to report a profit of $2.17 to $2.23 per share in 2007.
Analysts had expected a profit of $2.24 next year at the world's second-largest company by market value.

"Global economic growth continues," GE Chairman and Chief Executive Jeff Immelt told investors in New York. "Our orders outside the United States are very strong, Europe is particularly strong right now. Housing and auto have definitely been impacted by interest rate increases."

GE's size and breadth -- its businesses range from building jet engines, to commercial finance, to NBC Universal media -- make it a barometer of the U.S. economy.

Immelt said the company's diversification would allow it to hit its targets even in an economic slowdown.

"We are going to be able to hit it even if the economy slows, because of the strength that we have in businesses like infrastructure," Immelt said. His comments were monitored on the Internet.

The diversified conglomerate also reaffirmed its outlook for its 2006 fourth-quarter and full year earnings.

It said it still expects earnings of 62 to 64 cents a share for the fourth quarter, and $1.97 to $1.99 a share for the year 2006.

Analysts were expecting 64 cents and $1.98, respectively for the fourth quarter and 2006, according to Reuters Estimates.

GE also raised its quarterly dividend to 28 cents per share from 25 cents. It said expects to deliver another year of two to three times gross domestic product organic revenue growth.

Its shares rose 42 cents, or 1.2 percent, to $35.64.

"This has been a stock that has been lagging the market for a while and this clarity on their outlook and visibility of their earnings is being greeted favorably by the market," said Tim Ghriskey, chief investment officer at Solaris Asset Management. "The increase in the dividend is a statement by management and the board that they are comfortable with the performance of the company both today and going into next year."

GE shares are up 0.3 percent for the year, compared with a 14.9 rise in the blue-chip Dow Jones industrial average (^DJI - News) has hit record highs.

"The dividend is growing along with earnings growth," said David Katz, chief investment officer at Matrix Asset Advisors. "The stock is poised again to do better."

The Fairfield, Connecticut-based company is the first of a trio of top U.S. manufacturers due to issue their 2007 financial forecasts this week. Next up are United Technologies Corp. (NYSE:UTX - News) and Honeywell International Inc. (NYSE:HON - News)

http://biz.yahoo.com/rb/061212/ge_outlook.html?.v=1&printer=…