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Morning Briefing: 10 Things You Should Know

9. -- Chipmaker Texas Instruments (TXN - Get Report) beat Wall Street's first-quarter forecasts.

The Dallas-based company posted first-quarter revenue of $2.89 billion, down from $3.12 billion in the same period last year but above Wall Street's forecast of $2.85 billion.

Texas Instruments earned 32 cents a share, up from 22 cents a share in the prior year's quarter. Analysts surveyed by Thomson Reuters were looking for earnings of 30 cents a share.


10. -- Travelers (TRV) said first-quarter profit rose to $896 million, or $2.33 a share, from $806 million, or $2.02 a share, a year earlier.

The insurer also raised its quarterly dividend to 50 cents a share from 46 cents.


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

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