Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a big drop in its stock price.
Dutch healthcare technology company Philips forecast 2025 comparable sales growth between 1% and 3% on Wednesday after missing market expectations for the final quarter of last year partly due to a do
February 19, 2025 Amsterdam, the Netherlands –  Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced proposed Supervisory Board appointments and reappointment
February 19, 2025 Full Year and Q4 Group performance highlights Sales of EUR 18.0 billion in 2024, comparable sales growth 1%; EUR 5.0 billion in Q4, comparable sales growth 1%, despite double-digit d
February 10, 2025 Groundbreaking program that provides technology and training is reducing the impact of stroke, one of the leading causes of death and disability, by establishing an advanced nationwi
Phillips 66 shares have underperformed due to weak refining margins, but I remain bullish given the company's diversified business and cost rationalization efforts. Despite a Q4 loss, PSX's midstream
Tend patients can now access Philips Zoom! WhiteSpeed, which combines the power of hydrogen peroxide (HP) and advanced blue LED light technology to achieve brilliant results CAMBRIDGE, Mass.
WASHINGTON , Jan. 28, 2025 /PRNewswire/ -- Bridgefield Capital, a private investment firm specializing in corporate carve-outs and special situations, announced today that it has entered into a defini
Not a constructive view on 2025. The CEO's negative tone and a challenging Chinese operating environment support this. Following the Q3 results, the company revised its Q4 sales estimates downward. A
January 9, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the appointment of Jie Xue as Chief Business Leader Precision
Healthcare technology company Philips has sold its Xiver computer chip subsidiary, the Telegraaf newspaper reported, citing Xiver's CEO.
SEOUL, South Korea--(BUSINESS WIRE)-- #CRI70--The German Federal Patent Court has confirmed the validity of Seoul Semiconductor's patents related to the CRI 70 technology.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--To help ensure more families have access to educational resources they need for healthy birth outcomes, the Northeast Florida Healthy Start Coalition (NEFHSC), Bap
Philips (PHG) CEO Roy Jakobs sits down with Catalysts Hosts Seana Smith and Madison Mills to discuss the health tech company's strategy for President-elect Donald Trump's second term in the White Hous
Roy Jakobs, Royal Philips CEO, joins 'Squawk Box' to discuss the use of AI in health care, whether the technology can provide better patient care, cost structure for hospitals for implement AI, and mo
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