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National Semiconductor Corporation’s (NSM) earnings for the fourth quarter ended May 2011 were 4 cents higher than the Zacks Consensus estimate of 27 cents. National’s revenues were strong, despite the disaster in Japan, enabling the company to exceed the guidance provided on the last earnings call. As a result, the gross margin remained steady and operating [...]

National Semiconductor (NYSE: NSM) late Thursday reported that its fiscal fourth-quarter profit declined to $67.1 million, or 26 cents a share, from $79.2 million, or 33 cents a share, in the prior-year quarter. Revenue dropped to $374.1 million from $398.5 million. Analysts, on average, had expected earnings of 27 cents a share on revenue of $365.2 million. "Business conditions were a little better than we expected in the quarter," said Don Macleod, National's chief executive...

by Louis Basenese, Chief Investment Strategist, Wall Street Daily Friday, June 3, 2011: Issue #1527 Global merger and acquisitions activity volume just surpassed the $1-trillion mark. Not only that, but the market also hit that milestone six weeks earlier than it did last year. Why should we care? I’ll let National Semiconductor Corp. (NYSE: NSM) do [...]

Texas Instruments Inc. (NYSE: TXN) may be buying National Semiconductor Corporation (NYSE: NSM) and the tech demand may still be strong for chips.  Unfortunately, the mid-quarter update is nothing short of a real earnings warning from the chip-maker a...

Global merger and acquisitions activity volume just surpassed the $1 trillion mark. Not only that, the market has hit that milestone six weeks earlier than it did last year. Why should we care? I'll let National Semiconductor Corp. (NYSE: NSM) do the talking for me. On April 4, Texas Instruments (NYSE: TXN) announced it [...]

Stocks which rose last week were paced by National Semiconductor (NYSE: NSM) which jumped 68% to $27 after it reached an agreement to be purchased by Texas Instruments (NYSE: TXN). The fate of the transaction between two week companies depends on...

Texas Instruments Inc. (TXN or “TI”) has announced its intention to acquire National Semiconductor Corp (NSM) for $6.5 billion in cash. Counter-bids look unlikely, given the 78% premium TI is willing to pay that most prospective buyers would shy away from. The transaction is subject to the usual regulatory approvals (in this case across 10 countries). [...]

Following Texas Instruments' (TXN) $6.5 billion takeover announcement for rival National Semiconductor (NSM) on Monday, investors may be speculating that the semiconductor space is ripe for more mergers and acquisitions activity and the Memory Chip Stocks Index is responding with a 0.9% gain. Sterne Agee is out with a note today which says some previously [...]

The market was lower in early trading, after a weaker than expected economic report, but it has since bounced back into positive territory. In economic news, the ISM Services index came in at 57.3, which was below estimates and also down from last month's reading of 59.7. This led to a brief selloff in stocks. In corporate news, Texas Instruments ( TXN ) said it will pay about $25 per share to acquire National Semi ( NSM ), a premium of almost 80% to last nights closing price. This news has...

NSM [wikichart align="right" ticker="NSM" showannotations="true" livequote="true" startdate="04-10-2010" enddate="04-04-2011" width="300" height="245"] EXPE [wikichart align="right" ticker="EXPE" showannotations="true" livequote="true" startdate="04-10-2010" enddate="04-04-2011" width="300" height="245"] ADI [wikichart align="right" ticker="ADI" showannotations="true" livequote="true" startdate="04-10-2010" enddate="04-04-2011" width="300" height="245"] AMD [wikichart...

Shares of National Semiconductor (NYSE: NSM) jumped more than 72% in Monday's after-hours trading after it agreed to be acquired by Texas Instruments Incorporated (NYSE: TXN) for $25 per share in an all-cash transaction of about $6.5 billion.  Expedia, Inc. (NASDAQ: EXPE) rallied more than 5% after it announced tht it has signed a memorandum of understanding (MOU) with American Airlines, a wholly owned subsidiary of AMR Corporation,  that will allow the two companies to resume doing...

National Semiconductor (NSM) issued its fiscal third-quarter numbers Thursday after the bell. The stock was behaving in a highly unexciting way in reaction to the data at the time I was writing this. At an extended-hours quote of $14.10, it was off by a mere 0.4%. It was a different story heading [...]

National Semiconductor Corporation (NYSE: NSM) is scheduled to release its fiscal third-quarter earnings after the closing bell on Thursday, March 10, 2011. Analysts, on average, expect the company to report earnings of $0.24 per share on revenue of $353.96 million. In the year ago period, the company reported earnings of $0.22 per share on revenue of $361.90 million. National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and...

National Semiconductor Corporation’s (NSM) earnings for the second quarter ended November 2010 came in 2 cents over the Zacks Consensus estimate of 32 cents. National Semi’s revenues clearly disappointed, with a corresponding negative impact on the gross and operating margin lines. However, the tax rate was lower, helping the company deliver numbers slightly ahead of consensus [...]

National Semiconductor's (NSM) fiscal Q2 report was not met with enthusiasm. With a little under two hours to go before the end of the session, shares were down over 7% to $13.86. Volume was high. According to Reuters, the tech company made 34 cents per share in the second quarter. That was two pennies ahead of [...]

Shares of NSM are down 4% after-hours ...

National Semiconductor Corporation (NYSE: NSM) is scheduled to release its fiscal second-quarter earnings after the closing bell on Thursday, December 9, 2010. Analysts, on average, expect the company to report earnings of 32 cents per share on revenue of $399.46 million. In the year ago period, the company reported earnings of 20 cents per share on revenue of $344.60 million. National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets...

Shares of National Semiconductor Corporation (NYSE: NSM) are higher on the session by 0.59%, currently trading at $13.55. The stock has been moving largely lower over the past six months in a technical downtrend, shares are now sitting at the technical sell point, right below the 200-day moving average. Options traders are buying calls on NSM today. The majority of the action is in the front month, where the November $13.00, $14.00, and $15.00 call strikes have trade 3,800 times, 2,700...

JP Morgan has issued a research report on National Semiconductor Corporation (NYSE: NSM) in anticipation of the downturn the company is expected to experience. In the report, JP Morgan writes "National reiterated its tag line from its earnings call last month that it believes the semiconductor industry is entering an inventory correction, similar to our thesis. Please see our September 5 note, “Handbook on How to Navigate the Downturn and When to Buy Semis.” The company expects the...

National Semiconductor Corp. (NYSE: NSM) a leader in the design and manufacture of high-performance analog semiconductors, and Green Energy Solar (GESOLAR), a leading provider of solar energy products and services, today announced that samples of GESOLAR smart panels are available now. The modules, incorporating HUBER+SUHNER NS3 junction boxes featuring National Semiconductor's award-winning SolarMagic™ power optimizer chipset, will be demonstrated at the Solar Power International...

Goldman Sachs recently hosted investor meetings with National Semiconductor's (NYSE: NSM) management. Key takeaways include NSM remains focused on revenue growth opportunities in handsets, LED lighting, solar, and medical, which it believes could represent a $100-200 million annualized opportunity; management expects a 1-2 quarter inventory correction from distributors and believes that similar commentary on 4Q is likely to follow from competitors this earnings season; and gross margins...

National Semiconductor Corp (NYSE: NSM) after investor meetings shows growth potential taking shape, but not yet imminent. In a research report Goldman Sacs writes, "We hosted a series of investor meetings with National's CFO Lewis Chew and Investor Relations Manager Mark Veeh. Our key takeaways are as follows: 1) National remains focused on revenue growth opportunities in handsets, LED lighting, solar, and medical, which it believes could represent a $100-200 million annualized opportunity...

Shares of National Semiconductor Corporation (NYSE: NSM) are lower on the session by 2.03%, currently trading at $12.54. The stock has been moving largely lower over the past six months, off of a recent high near $15.86. Options traders are buying puts on the name today as well. A short while ago the October $14.00 put was purchased 1,850 times, on the offer, on open interest of only 98 contracts. This signals new positioning on the name. Put volume is running at 3.77x the daily...

Below are the top mid-cap technology stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Advanced Micro Devices Inc (NYSE: AMD) is 913.59%. AMD's quarterly revenue gained 39.60% y/y. The trailing-twelve-month return on equity at Cellcom Israel Ltd (NYSE: CEL) is 291.62%. CEL's trailing-twelve-month operating margin is 28.08%. The trailing-twelve-month return on equity at National Semiconductor Corporation (NYSE: NSM) is 73.89%. NSM's quarterly...

Now is not the time to be long semiconductor stocks...

National Semiconductor Corp.’s (NSM) earnings per share for the fourth quarter ended May 2010 came in 5 cents over the Zacks Consensus Estimate of 28 cents. The earnings surprise was fueled by very broad-based revenue growth across end markets, geographies and most analog product lines, as well as a leaner cost structure. Revenues National generated revenues of $398.5 [...]

Let's see what National Semi is telling us about chips ...

National Semiconductor (NSM) is an OEM of analog and mixed-signal integrated circuits. Forward guidance is for a revenue increase of 2-9% in the first quarter. Management has refocused R&D into areas that should drive margins. It has also initiated a massive restructuring program to further lower the break-even point. Although National has been negatively impacted by the [...]

National Semiconductor Corporation (NSM) has been outperforming the market, climbing about 7% from the time it was last featured as a Growth and Income pick just a few weeks ago. Bullish Projections The company continues to see higher earnings revisions. For the year ending May 2010, the Zacks Consensus Estimate of 38 cents per share is up [...]