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Philips shares dive as FDA calls for more testing on recalled devices - Vimarsana News

Philips shares dive as FDA calls for more testing on recalled devices

Shares of Philips slumped Friday after the U.S. Food and Drug Administration said it wants more testing on sleep and respiratory care devices, following the...

US Futures, European Stocks Mixed as Inflation Concerns Return - Vimarsana News

US Futures, European Stocks Mixed as Inflation Concerns Return

In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict...

Philips Can Recover From Its Health Crisis - Vimarsana News

Philips Can Recover From Its Health Crisis

The European medical-technology supplier is starting to emerge from a torrid period, marked by the recall of machines for treating sleep apnea

Source: wsj.com
Royal Philips Guidance Upgrade Seen as Conservative Given 2Q Performance -- Update - Vimarsana News

Royal Philips Guidance Upgrade Seen as Conservative Given 2Q Performance -- Update

By Anthony O. Goriainoff Royal Philips on Monday raised its guidance for 2023 after reporting a rise in second-quarter group sales, but analysts believe the...

Royal Philips to Pay $62 Million to Settle China Bribery Probe - Vimarsana News

Royal Philips to Pay $62 Million to Settle China Bribery Probe

Amsterdam-based company used special price discounts for distributors and manipulated Chinese procurement processes by influencing state-run hospital officials, regulators said

Source: wsj.com