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TEXAS-INSTRUMENTS-INC

The Wire

TI profit down in 3Q, warns of slowing business

Texas Instruments Inc., which makes chips for cell phones and other gadgets, warned Monday that orders are slowing down rapidly, and said it will cut jobs to save money.

TI profit rises 28 pct. but weak outlook sends shares lower

Texas Instruments Inc.'s first-quarter profit and sales were almost exactly what Wall Street expected, but the company's comments about a weak market for chips used in high-end mobile phones sent its shares lower.

Dow Ends Down 47, Nasdaq Closes Down 10

Wall Street finished its worst week of the year with a moderate decline Friday as persistent unease over inflation and interest rates kept investors nervous about buying.

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