Texas Instruments $TXN Q2 2018 Earnings LIVE Webcast July 24

$TXN

Texas Instruments Incorporated
Stock exchange: symbol  NASDAQ: TXN
Domain: ti.com
Investor Relations ti.com/ir or investor.ti.com
Q2 2018 Earnings Release here, excerpt below:
"Texas Instruments Incorporated (TI) (NASDAQ: TXN) reported second-quarter revenue of $4.02 billion, net income of $1.41 billion and earnings per share of $1.40. Earnings per share include a 3 cent discrete tax benefit not in the company's original guidance. Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:

• "Revenue increased 9 percent from the same quarter a year ago. Demand for our Analog and Embedded Processing products continued to be strong in the industrial and automotive markets.
• "Our cash flow from operations of $6.6 billion for the trailing 12 months again underscored the strength of our business model. Free cash flow for the trailing 12 months was $5.7 billion, or 36.6 percent of revenue. This reflects the quality of our product portfolio, as well as the efficiency of our manufacturing strategy, including the benefit of 300-millimeter Analog production.
• "We have returned $5.6 billion to owners in the past 12 months through stock repurchases and dividends, and our strategy to return to owners all of our free cash flow remains consistent. Over the last 12 months, our dividends represented 41 percent of free cash flow, emphasizing their sustainability.
• "TI's third-quarter outlook is for revenue in the range of $4.11 billion to $4.45 billion, and earnings per share between $1.41 and $1.63, which includes an estimated $10 million discrete tax benefit. We continue to expect our ongoing annual operating tax rate to be about 20 percent in 2018 and 16 percent starting in 2019."

LIVE webcast of the second-quarter 2018 earnings conference call: Tuesday, July 24, at 4:30 p.m. EDT. Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience. Access the audio webcast on the Investor Relations section of the company's website at the link above or at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.

Texas Instruments Inc. is a U.S. based technology company that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.

See also: Texas Instruments: Reasons To Buy On The News | SeekingAlpha.com

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FTSE100 Hits New High on SoftBank & UK’s ARM Holdings $32 Billion Deal

FT Lex on SoftBank’s purchase of ARM Holdings:

Masayoshi Son, SoftBank’s founder and chief executive, is betting that Arm is 43 per cent more valuable than the market thinks it is. FT.com's Robert Armstrong examines whether he's right or wrong. 

UK's benchmark index FTSE100 is now UP 5.64% since the Brexit vote on June 23

On news of the SoftBank - ARM Holdings deal on Monday, July 18, 2016, the London Stock Exchange benchmark index FTSE100 rose, closing at 6,695.42, its highest level since August, 2015. ARM Holdings plc is a British multinational semiconductor and software design company (domain name: arm.com). Processors based on designs licensed from ARM, or designed by licensees of one of the ARM instruction set architectures, are used in all classes of computing devices such as microcontrollers in embedded systems (cars' ABS), smartTVs (Google TV), all modern smartwatches (such as Qualcomm Toq), as well as smartphones, tablets, laptops, desktops, servers and supercomputers/HPC.

Stock exchanges: symbols  LSE: ARM and NASDAQ: ARMH

Details of the deal:

• ARM’s headquarters will remain in Cambridge, England, UK, as well as its senior management team, and SoftBank pledged to at least double employee headcount in the UK over the next five years. ARM currently employs about 4,000 people.
• At £17 per share, the ARM acquisition is a 43% premium over last week's closing price.
• Post-Brexit UK welcomes ARM purchase in test of strategy: "Just three weeks after the referendum decision, it shows that Britain has lost none of its allure to international investors,” Chancellor of the Exchequer Philip Hammond said. “Britain is open for business -- and open to foreign investment. SoftBank’s decision confirms that Britain remains one of the most attractive destinations globally for investors to create jobs and wealth.”--Bloomberg.com
• ARM CEO says deal made regardless of Brexit, noting ARM's stock was up 15% since EU referendum (Brexit vote), see Accelerating Tech: Simon Segars, CEO of ARM, explains SoftBank’s offer for ARM (video)
• "As purely a designer of chips rather a manufacturer, Arm’s intellectual property model leaves it with a high profit margin. However, its revenues of about £1bn last year made it a minnow by global chip standards. The purchase price is equivalent to 70 times its net income last year, and more than 50 times earnings before interest, taxes, depreciation and amortisation."--SoftBank to acquire UK’s Arm Holdings for £24.3bn | FT.com
• Amir Anvarzadeh, Singapore-based head of Japanese equity sales at BGC Partners Inc.: "... we believe if Son wanted to bet on the sterling recovering he picked a great name in the tech sector.”--SoftBank to Buy Britain’s ARM for $32 Billion in Record Deal | Bloomberg.com 

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Intel Q3 2015 Earnings Webcast LIVE Online, October 13, 5 pm ET (US)

Intel (NASDAQ: INTC) stock chart (source: google.com)

Q3 2015 Intel Corporation Earnings Conference: October 13, 2015 at 2:00 pm PT (US)

10/13/15 -2:00 PM PT: Listen to webcast

UPDATE: Intel Reports Third-Quarter Revenue of $14.5 Billion, Net Income of $3.1 Billion

Q3 2015 News Highlights:

• Quarterly revenue of $14.5 billion, above the midpoint of outlook; gross margin of 63 percent, consistent with outlook
• Quarterly revenue approximately flat year-over-year, with growth in the data center, Internet of things (IoT) and non-volatile memory businesses offsetting lower client revenue
• Results show customer enthusiasm for 6th Gen Intel® Core™ processors

SANTA CLARA, Calif., October 13, 2015 -- Intel Corporation today reported third-quarter revenue of $14.5 billion, operating income of $4.2 billion, net income of $3.1 billion and EPS of 64 cents. The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion, and used $1.0 billion to repurchase 36 million shares of stock.

"We executed well in the third quarter and delivered solid results in a challenging economic environment," said Brian Krzanich, Intel CEO. "The quarter demonstrates Intel innovation in action. Customers are excited about our new 6th Gen Intel Core processor, and we introduced our breakthrough 3D XPoint™ technology, the industry's first new memory category in more than two decades."

Q3 Key Business Unit Trends

• Client Computing Group revenue of $8.5 billion, up 13 percent sequentially and down 7 percent year-over-year
• Data Center Group revenue of $4.1 billion, up 8 percent sequentially and up 12 percent year-over-year
• Internet of Things Group revenue of $581 million, up 4 percent sequentially and up 10 percent year-over-year
• Software and services operating segments revenue of $556 million, up 4 percent sequentially and flat year-over-year

More info here.

Note from Intel investors relations website: "Intel is currently in Quiet Period. None of the forward-looking statements in the July earnings press release, including in the Business Outlook section, should be considered as the current expectations of Intel." (emphasis added)

Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. Intel is one of the world's largest and highest valued semiconductor chip makers, based on revenue. (source: Wikipedia)

Principal domain name: intel.com
Intel's investor relations website: intc.com
Intel stock exchange: stock symbol: NASDAQ: INTC

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