Texas Instruments Incorporated (NASDAQ:TXN) [Trend Analysis] retains strong position in active trade, as shares scoring 1.78% to $77.08 in a active trade session, while looking at the shares volume, around 8.48 Million shares have changed hands in this session. Texas Instruments Incorporated (TXN) reported the promotion of Brian Crutcher to chief operating officer. He has been executive vice president responsible for all business and sales operations, Kilby Labs and information technology.
As COO, he adds oversight of global technology and manufacturing operations to current duties. Crutcher joined the company in 1996 and during his first 10 years served in a variety of leadership roles in the sales organization, including vice president in charge of the Americas. He later moved into business operations and at separate times led each of the company’s two business sections, Analog and Embedded Processing. The firm has institutional ownership of 87.70%, while insider ownership included 0.30%. TXN attains analyst recommendation of 2.40 with week’s performance of 3.48%. Investors looking further ahead will note that the Price to next year’s EPS is 8.32%.
Apple Inc. (NASDAQ:AAPL) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.09% to 119.97 with around 23.19 Million shares have changed hands in this session. With Chrome OS’ integration of Android apps being well-received, many app developers are now optimising their Android apps for Chromebooks. Adobe has also jumped onto the bandwagon and is optimising its Creative Cloud suite for the Chrome OS.
As a lucrative offer to students, Adobe Creative Cloud apps like Photoshop Mix, Lightroom Mobile, Illustrator Draw, Photoshop Sketch, Adobe Comp CC, and Creative Cloud Mobile will be accessible for free download. These apps are optimised to make the most out of stylus support, and the world-facing camera on recent Chromebooks. Google partnered with Acer and Asus to announce education-focused Chromebooks a day before.
Called the Acer Spin 11 and Asus C213 – the Chromebooks are designed specifically for students, packing a tough yet compact build, and special features targeted for the education consumers. With the Adobe Creative Cloud Android apps optimisation, the company looks to give students powerful editing tools on these new Chromebook offerings. The stock is going forward its fifty-two week low with 35.51% and lagging behind from its 52-week high price with -0.70%.
Similar, the positive performance for the quarter recorded as 3.42% and for the year was 23.33%, while the YTD performance remained at 3.58%. AAPL has Average True Range for 14 days of 1.16.