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STMicroelectronics: Q4 Earnings Snapshot

GENEVA (AP) — GENEVA (AP) — STMicroelectronics NV (STM) on Thursday reported a loss of $30 million in its fourth quarter.

The Geneva-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, came to 11 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The chip company posted revenue of $3.33 billion in the period.

For the year, the company reported profit of $166 million, or 18 cents per share. Revenue was reported as $11.8 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STM at https://www.zacks.com/ap/STM

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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