On Friday, Texas Instruments Incorporated (NASDAQ:TXN)’s shares declined -0.73% to $47.80.
Texas Instruments Incorporated (TI) (TXN) said it will raise its quarterly cash dividend by 12 percent, from $0.34 per share to $0.38, or $1.52 annualized. The higher dividend will be payable November 16, 2015, to stockholders of record on October 30, 2015, contingent upon formal declaration by the board of directors at its regular meeting in October.
The board of directors also authorized the company to repurchase an additional $7.5 billion of its common stock over time. This is in addition to about $1.8 billion of formerly authorized repurchases that remained at the end of June 2015.
Dividend enhances and share repurchases are both part of TI’s capital administration strategy. The company has raised dividends each year for the past 12 years, and through comprising share repurchases has reduced outstanding shares by 40 percent since the starting of 2005.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
Twitter Inc (NYSE:TWTR)’s shares gained 1.90% to $27.93.
Bloomberg declared it has signed a long-term data agreement with Twitter that will further enhance financially relevant information found on the social media platform for users of the Bloomberg Professional service.
Bloomberg’s social media offering has continued to grow since the company became the first financial information platform to integrate tweets in April 2013, the same week the U.S. Securities and Exchange Commission declared that companies could use social media posts to disclose material information.
The Bloomberg Professional service incorporates financially-relevant news from Twitter for analysis, charting and sharing via Bloomberg Instant Message and Bloomberg Links for desktop and mobile devices through the following features:
- A live feed of tweets relevant to financial professionals via {TWTR} and all news searches via {NI} and {CN};
- Real-time alerts on the day’s most important tweets curated by Bloomberg’s editorial staff via {NI TWEET};
- Social velocity monitoring to alert customers on spikes in Twitter activity about a company via {BSVM}, with more tools coming for commodities, foreign exchange, topics and regions;
- Sentiment analytics for tweets about a company; and,
- Curation and translation of non-English tweets.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
At the end of Friday’s trade, BlackBerry Ltd (NASDAQ:BBRY)‘s shares dipped -0.92% to $7.50.
BlackBerry Limited (BBRY) will be reporting results for the second quarter of fiscal 2016 on September 25, 2015. A conference call and live webcast will be held starting at 8 am ET.
A replay of the conference call will also be accessible at about 10 am ET by dialing 1-647-436-0148 and entering pass code 3790672# or by clicking the link above. This replay will be accessible until 10 am ET October 11, 2015.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
SunTrust Banks, Inc. (NYSE:STI), ended its Friday’s trading session with -3.20% loss, and closed at $37.80.
SunTrust Banks, Inc. (STI) declared that it plans to release third quarter 2015 results on Friday, October 16, 2015.
SunTrust Banks, Inc., one of the nation’s largest financial services organizations, is dedicated to Lighting the Way to Financial Well-Being for its clients and communities. Headquartered in Atlanta, the company serves a broad range of consumer, commercial, corporate and institutional clients. As of June 30, 2015, SunTrust had total assets of $188.9 billion and total deposits of $144.9 billion. Through its flagship partner, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic States and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses comprise deposit, credit, trust and investment services. Through its various auxiliaries, the company provides mortgage banking, asset administration, securities brokerage, and capital market services. SunTrust’s Internet address is suntrust.com.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Administration, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Administration segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, in addition to various services. This segment also provides wealth administration products and professional services, counting brokerage, professional investment administration, and trust services; and family office solutions.
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