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Chipmaker $IDTI reported a jump in 4Q16 earnings driven by sales of communications infrastructure products, automotive and industrial products and wireless power products. Net income rose to $81.61MM or $0.59 per share from $39.27MM or $0.25 per share last year. Revenues grew to $189.36MM from $158.35MM. Non-GAAP EPS increased to $0.36 from $0.29.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.