U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Wednesday.
Shares of Texas Instruments Incorporated (NASDAQ: TXN) shares fell in today’s pre-market trading after the company reported fourth-quarter financial results.
Texas Instruments reported quarterly earnings of $1.49 per share, compared to analyst expectations of $1.47, a 30.05% decrease over earnings of $2.13 per share from the same period last year. The company reported quarterly sales of $4.08 billion, falling short of the analyst consensus of $4.12 billion.
Texas Instruments sees first-quarter revenue between $3.45 ...