{"id":11227,"date":"2010-07-21T08:17:27","date_gmt":"2010-07-21T12:17:27","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11227"},"modified":"2010-07-21T08:17:27","modified_gmt":"2010-07-21T12:17:27","slug":"profits-of-texas-instruments-up-up-and-away","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/21\/profits-of-texas-instruments-up-up-and-away\/","title":{"rendered":"Profits of Texas Instruments: Up, Up and Away!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.laidtrades.com\/wp-content\/uploads\/2010\/07\/Texas-Instruments-Incorporated-July-20-2010.jpg\" alt=\"texas instruments, TI, TXN, texas instruments incorporated, stock, stock trading, stock market, online trading, daily stock analysis\" width=\"541\" height=\"326\" \/><\/p>\n<p><a href=\"http:\/\/www.google.com\/finance?q=txn\" target=\"_blank\">Texas  Instruments Incorporated<\/a> (widely known as TI) or TXN in the New York  Stock Exchange is a Texas based American company. It was reported  yesterday that their $769 million dollars\u00a02010 second quarter profit  nearly tripled its earnings a year ago which is $260 million. For those  who aren\u2019t familiar with this company, they are the 4th biggest  manufacturer of semiconductors, the 2nd biggest supplier of chips for  cellular handsets and the biggest producer of digital signal processors  world wide. They are also involved in making infrared systems, missiles,  military computers and laser guided bombs. As of this year, they were  listed number 223 in Fortune 500.<\/p>\n<p>As a result of its good news, the stock price of Texas Instruments  during yesterday\u2019s trading session rose by 3.1% to $25.55 unlike  Citigroup, where its stock price sharply fell during the release of its  positive earnings result last Friday (kindly check <a href=\"http:\/\/www.laidtrades.com\/2010\/07\/19\/a-look-into-citigroup-inc-july-19-2010\/\" target=\"_blank\">here<\/a> for my post about it). Chart-wise, I\u2019d still  consider the stocks to be moving sideways as it has been\u00a0for 10 months  now. It could remain to continue this way, however, if the $25.85  resistance gets breached, the stocks could start trekking north. Once it  does, the next resistance could be $27.44. In case TI decides to take  its journey down south, the immediate support it could encounter is  $24.73. If the stock value slips and slides below that marker, the next  support could be the $22.26-22.65 area.<\/p>\n<p>More on <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.laidtrades.com\/\">LaidTrades.com<\/a> &#8230;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Instruments Incorporated (widely known as TI) or TXN in the New York Stock Exchange is a Texas based American company. It was reported yesterday that their $769 million dollars\u00a02010 second quarter profit nearly tripled its earnings a year ago which is $260 million. For those who aren\u2019t familiar with this company, they are the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/07\/21\/profits-of-texas-instruments-up-up-and-away\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Profits of Texas Instruments: Up, Up and Away!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11227","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11227"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11227\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}