Updated from 7:07 a.m. ESTTexas Instruments (TXN - Get Report) trimmed its earnings and sales guidance during its mid-quarter conference call. The technology company forecast earnings of 22 cents to 24 cents a share on revenue of between $2.91 billion and $3.03 billion. It had previously predicted earnings of 22 cents to 25 cents a share on sales of $2.9 billion to $3.14 billion. The Thomson First Call consensus estimates calls for earnings of 24 cents a share on sales of $3.041 billion. TI shares were recently down 72 cents to $26.65.
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