NEWS

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Texas Instruments reported better than expected quarter earnings Tuesday but guided lower for the second quarter. $TXN's earnings report ahead of other chipmakers Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC.

Social media company Twitter reported better than expected first quarter earnings Tuesday beating on revenue and earnings sending the stock up 17% in a short market. Performance was boosted from marked rise in ad engagements and fall in cost per engagement.

Oil and gas servicing giant Halliburton reported better than expected earnings Monday before the market. $HAL followed dissappointing earnings from Schlumberger and ahead of Baker Hughes a GE Co. $HAL said the worst is over for "pricing deterioration."

Australian rare earths miner Lynas reported a 27% jump in revenue to $101.3 million in Q1 despite a forced shutdown of its Malaysian operations in December. Radioactive waste concerns are clouding $LYC ($LYSCF), who rejected an unsolicited $1.5 billion takeover bid from Wesfarmers.

Sangamo and Pfizer announced their focus on translating genomic medicines using gene therapy for severe hemophilia A has shown promising results. Shares in $SGMO and $PFE reacted positively to the news.

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