The Ticker A Look Back At The Past Week On Wall Street

What’s hot

Remember the ‘70s? Remember leisure suits and really wide ties? Remember when Texas Instruments was really hot? Well one of those might be making a comeback. No, it’s not leisure suits, it’s TI. The semiconductor maker has had two really good days to close the week. Thursday, Samsung Electronics announced it will cut production of its dynamic random access memory chips, which TI also makes. TI’s stock jumped $4.75. Friday, news leaked TI would be introducing a more powerful chip next week. The stock jumped another $3.87-1/2, closing at $79.32-1/2. What a way to end the week. … Lots of people, including Morgan Stanley, jumped on the garbage bandwagon Friday as Browning Ferris, a waste management company, announced strong first-quarter earnings of 36 cents a share, a penny above Wall Street expectations. Its stock rose $1.75 to $33.

What’s not

On the other end of the spectrum was Hughes Supply Inc. The building materials supplier said its fourth-quarter net earnings will fall about 65 cents a share. Expectations were for about a 70 cents a share decline, but that wasn’t enough to avoid a stock debacle, as it dropped $5.12-1/2 on Thursday. It bounced back $1.32-1/2 Friday to end the week at $34.62-1/2.