Active Stocks in the Spotlight: Texas Instruments Incorporated (NASDAQ:TXN), Seagate Technology PLC (NASDAQ:STX), Cliffs Natural Resources Inc (NYSE:CLF)

Active Stocks in the Spotlight: Texas Instruments Incorporated (NASDAQ:TXN), Seagate Technology PLC (NASDAQ:STX), Cliffs Natural Resources Inc (NYSE:CLF)

- in Business & Finance
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On Wednesday, Shares of Texas Instruments Incorporated (NASDAQ:TXN), gained 1.00% to $57.60.

Texas Instruments, introduced a low-power smart amplifier that allows designers to develop next-generation smart phones with industry-leading audio quality at peak volumes while maximizing battery efficiency. The TAS2555 Class-H audio amplifier with integrated speaker protection uses back electromotive force and low power of 5.7 W to produce bigger sound from small devices. TI is the first in the industry to provide both integrated and nonintegrated smart amplifiers, giving engineers a broad range of design options.

The TAS2555 is also the first low-power amplifier supported by the PurePath Console 3 software suite, which gives both advanced and startner designers a path to meet diverse system requirements. The solution takes the guesswork out of speaker characterization and comprises easy-to-use tools for tuning and integration into end products, thus accelerating time to market for smart phones, tablets and other audio-enabled portable electronics.

Key features and benefits of the TAS2555 smart amplifier

  • Louder and clearer audio: Offers 5.7-W output power into 4 Ω and 3.8 W into 8 Ω at 4.2 V.
  • Low idle-channel noise (ICN) simplifies designs: 15.9-µV ICN eliminates audible speaker noise when using the smartphone in a receiver or pause mode and also eliminates the need for external components.
  • Integrated multilevel Class-H boost converter and automatic gain control: Dynamically adjusting audio output during periods of low battery voltage maximizes battery life. User-specified boost control assists customize boost on/off based on end-equipment power profile requirements.
  • Reduces development time: Use any processor with an I2S output to enable on-chip speaker protection. This greatly reduces porting and integration time, enabling end equipment manufacturers to get to market faster.

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.

Shares of Seagate Technology PLC (NASDAQ:STX), inclined -1.15% to $36.12, during its last trading session.

Seagate Technology plc, stated financial results for the first quarter of fiscal year 2016 ended October 2, 2015. For the first quarter, the Company stated revenue of about $2.9 billion, gross margin of 23.6%, net income of $34 million and diluted earnings per share of $0.11. On a non-GAAP basis, which excludes the net impact of certain items, Seagate stated gross margin of 24.2%, net income of $165 million and diluted earnings per share of $0.54. For a detailed reconciliation of GAAP to non-GAAP results, see the accompanying financial tables.

During the first quarter, the Company generated about $824 million in operating cash flow, paid cash dividends of $163 million and repurchased about 20 million ordinary shares for $983 million. There were 299 million ordinary shares issued and outstanding as of the end of the quarter. Cash, cash equivalents, and short-term investments totaled about $1.9 billion at the end of the quarter.

“During the quarter, we made solid progress against our core initiatives to bolster our product portfolio, contain costs and return capital to shareholders,” said Steve Luczo, Seagate’s chairman and chief executive officer. “While lower than planned near line enterprise demand temporarily influenced our financial results, we are happy with the momentum we have across our products, which will be further supported by the newly attained assets of Dot Hill and our ability to now completely integrate the Samsung hard drive business. As we look forward, we are focused on delivering storage solutions for a noteworthy range of existing, growing and emerging areas, and believe we have the right strategy and portfolio to deliver value to shareholders.”

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and near line applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems.

Finally, Shares of Cliffs Natural Resources Inc (NYSE:CLF), ended its last trade with -2.11% loss, and closed at $3.24.

Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: Cocrystal Pharma Inc (COCP), Hackett Group Inc (HCKT), Cliffs Natural Resources Inc (CLF) and BlackRock Floating Rate Income Strategies Fund Inc (FRA). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.

Highlights from recently’s reports comprise:

On Friday, November 06, 2015, the NASDAQ Composite ended at 5,147.12, up 0.38%, the Dow Jones Industrial Average edged 0.26% higher, to finish the day at 17,910.33, and the S&P 500 closed at 2,099.20, down 0.03%.

- Cocrystal Pharma Inc’s stock edged lower by 1.41% to close Friday’s session at USD 0.70, below its 50-day and 200-day moving average of USD 0.73 and USD 0.95, respectively. The company’s shares oscillated between USD 0.69 and USD 0.73. The shares have a 52-week high of USD 1.53 and 52-week low of USD 0.40. The stock recorded a trading volume of 0.12 million shares, which was below its 50-day daily average volume of 0.19 million shares and lower than its 52-week average volume of 0.64 million shares. Over the last three days, Cocrystal Pharma Inc’s shares have remained flat and in the past one week it has moved up 3.70%. However, over the last three months, the stock has lost 18.13%. Further, the company has a Price/Book (MRQ) ratio of 2.51.

- The stock of Hackett Group Inc gained 3.36% to close Friday’s session at USD 16.29. The shares of the company moved in the range of USD 15.57 and USD 16.52. A trading volume of 0.17 million shares was recorded, which was greater than its 150-day daily average volume of 0.16 million shares and above its 52-week average volume of 0.13 million shares. Over the last five days, Hackett Group Inc’s shares have advanced 9.48% and in the past one month, it has gained a momentum of 16.27%. Additionally, over the last three months, the stock has advanced 32.98% and in the past six months, the shares have registered a profit of 74.04%. Hackett Group Inc has a current dividend yield of 1.35%. Further, the company is trading at a price to earnings ratio of 32.58 and a price to book ratio of 5.04. This compares to a historical PE ratio of 26.77. The historical PB ratio is near to 2.83. Further, the stock is trading at a price to cash flow ratio of 15.83 and price to sales ratio of 1.89.

Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.

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