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TE Connectivity Ltd.

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TE Connectivity has been suffering from sluggishness in industrial markets. Further, weakness in oil & gas markets and the derivative impact of lower oil prices are expected to remain formidable headwinds, going forward. Adverse currency fluctuations and high restructuring expenses have been straining the company’s results. TE Connectivity believes that its industrial, data & devices, and communications businesses will continue to be marred by softness in China. The company also expects weakness in Communication segment to continue. However, TE Connectivity has a decent earnings surprise history, beating estimates thrice in the trailing four quarters. Strong performance of the sensors & harsh environments business and a rebound in transportation business remain strong growth drivers for the company.

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