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Dutch healthcare technology group Koninklijke Philips NV (NYSE:PHG) stock is trading lower on Wednesday after the fourth quarter earnings missed expectations. Philips reported fourth-quarter sales ...
Philips stock fell more than 16% Monday after the Dutch medical device giant lowered its sales outlook on continued lower demand in China.The company reported revenue of $4.6 billion in the third ...
In stock markets abroad, European indexes were mixed amid relatively modest movements. In Asia, Hong Kong’s Hang Seng fell 0.9%, while South Korea’s Kospi gained 1.1%.
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Following this announcement, Philips' stock experienced a 3.3% rise in Amsterdam, reflecting a positive market reaction. Philips stock has gained more than 27% in the last 12 months.
Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.
Philips shares plunged Wednesday (January 12) after it warned on earnings.The stock was down over 11% in early trades. Philips said profits would be down about 40% in the fourth quarter. It's ...
Yahoo Finance Live anchors discuss the drop in shares for Philips after the company issued its second profit warning.
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related to: philips stock quote after hours market watch today news