Philips stock skyrockets on outlook, $1.1B Respironics settlement
Philips shares got a huge boost today despite first-quarter results that fell shy of the consensus forecast on Wall Street.
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Philips shares got a huge boost today despite first-quarter results that fell shy of the consensus forecast on Wall Street.
Philips will pay at least $613 million to settle economic lawsuits related to its recall of millions of CPAPs and other respiratory device
PITTSBURGH - A federal lawsuit says the University of Pittsburgh Medical Center used its power to pay workers less.
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A federal judge has granted preliminary approval to an economic loss settlement of lawsuits against Philips over its massive CPAPs recall.