NXP stock slips as revenue, outlook beat slightly

NXP Semiconductors NV NXPI, -0.91% shares slipped in the extended session Monday after the chip maker’s revenue results and outlook slightly topped Wall Street estimates. NXP shares declined 0.8% after hours, following a 0.9% decline in the regular session to close at $125.70. The company reported fourth-quarter net income of $114 million, or 40 cents a share, compared with $276 million, or 94 cents a share, in the year-ago period. NXP did not provide adjusted per-share figures. Revenue declined to $2.3 billion from $2.4 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast revenue of $2.28 billion. NXP expects revenue of $2.2 billion to $2.26 billion for the first quarter, while analysts forecast revenue of $2.17 billion.

JLo's impressive path to the 2020 Super Bowl

New York (CNN Business)Super Bowl LIV averaged 102 million viewers across several channels and streaming outlets, according to Fox.

That number was up from last year’s big game, which averaged roughly 100 million viewers across CBS and streaming outlets.
This year’s game, in which the Kansas City Chiefs came back to beat the San Francisco 49ers 31-20, averaged 99.9 million viewers on just Fox alone. Others tuned in to Fox Deportes, its Spanish-language sports channel, or they streamed it on Fox, NFL and Verizon. That makes it the 10th most-watched Super Bowl in history.

The Super Bowl is the most-watched program on television every year. It also draws big crowds at viewing parties, bars and restaurants. Nielsen doesn’t count those watching outside of the home, so the actual audience size is likely bigger than what the numbers portray.
In this year’s matchup, Chiefs quarterback Patrick Mahomes led an exciting charge during the final minutes of the game to win the team’s first Super Bowl in 50 years.

Super Bowl LIV serves as the perfect cap the the NFL’s year, which included ratings increases for its regular season and several rounds of the playoffs.
The NFL’s TV viewership for the 2019 season was up roughly 5% overall from the previous year. It was the most-watched NFL season in three years.

People stranded at Sasquatch Mountain can drive out Monday afternoon: Ministry

There was good news Monday for the hundreds of people trapped at Sasquatch Mountain Resort, after a landslide took out the only road to the area.

The Ministry of Transportation said emergency road repairs had progressed enough to allow a brief one-way opening of the road staring around noon on Monday.

People stuck at the resort will be able to follow a pilot vehicle out from the mountain in small groups, the ministry said.

Standex Issues Q3 Guidance

Standex International Corp. (SXI) said, in the third quarter, the company expects total revenue to increase slightly sequentially but be similar to the third fiscal quarter of 2019. Standex expects operating income to be sequentially similar to or slightly better than the second fiscal quarter of 2020 and show significant improvement year-over-year.

For the second-quarter, adjusted EPS increased to $1.03 from $0.98, prior year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $1.01, for the quarter. Analysts’ estimates typically exclude special items. Operating income was $17.8 million, a decline of 11.7%.

Second-quarter net sales were $190.6 million, a decline of 2.5% over previous year. Analysts expected revenue of $193.68 million for the quarter.

President Trump appears to flout his own rules with his behavior during the national anthem at the Super Bowl

He didn’t take a knee, but in the eyes his detractors, he might as well have.

Yes, President Donald Trump, oft-critical of those who don’t “stand proudly” for the “Star Spangled Banner,” didn’t appear to be standing too proudly at his own Super Bowl party on Sunday night.

In a video posted by the Miami Herald, Trump is waving his hands like a conductor, adjusting his chair, looking around, greeting guests — all while those around him, including his wife, Melania, stand with their hands over their hearts.

Here’s the footage:

The Herald pulled the video from an Instagram story posted by a real estate agent for a Russian-American firm that frequents Mar-a-Lago.The White House and the Trump Organization did not respond to requests for comments from the paper, which sent along copies of the video.

But the president has made his stance clear before, telling Fox & Friends in 2018 that “You have to stand, proudly, for the national anthem or you shouldn’t be playing. You shouldn’t be there. Maybe you shouldn’t be in the country.”

And, of course, his supporters have long espoused the same belief. In fact, Fox Nation’s Tomi Lahren called out a famous couple opting to sit during the very same national anthem over the weekend:

The video also provided more fodder for his critics:

Citi Trader Suspended After Stealing From Company Cafeteria

Citigroup Inc. suspended its head of high-yield credit trading for Europe, the Middle East and Africa after he stole from the company’s cafeteria, according to a person familiar with the matter.

Paras Shah, one of the bank’s highest-profile traders, left Citigroup last month over the issue, the person said, asking not to be named because the matter is private.

Danielle Romero-Apsilos, a spokeswoman for the bank, declined to comment on the nature of the departure. Shah didn’t respond to a request for comment sent through LinkedIn.

Citigroup hired Shah in 2017 and within months he was promoted to lead the high-yield credit trading business for Europe, the Middle East and Africa. His suspension was earlier reported by The Financial Times.