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TI quarterly update, earnings in focus after the bell

By Christopher Noble
Last Updated: 12/7/2004 3:03:40 PM

http://www.investors.com/breakingnews.asp?journalid=24306171&brk=1

SAN FRANCISCO (CBS.MW) - A midquarter update from chipmaker Texas Instruments is expected to grab the spotlight in evening trading Tuesday, in an after hours session also marked by a clutch of quarterly results reports.

In afternoon trading, the Dow Jones Industrial Average was 66.87 points lower at 10,480.19, while the technology heavy Nasdaq Composite Index was down 20.76 points at 2,130.49. See full story.

Texas Instruments (TXN), which will release its update at about 5 p.m. Eastern time, is currently expected to earn 26 cents per share on sales of $3.1 billion, according to analysts polled by Thomson First Call. See full story.