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$26.47
+0.240 (+0.91%)
At Close: Aug 04, 2026
Philips to Cut 4,000 Jobs as Big Recall, Supply Snags Hit Earnings
04:44am, Monday, 24'th Oct 2022
The Dutch healthcare conglomerate said that the job cuts, which amount to about 5% of its 80,000 workforce, would save Philips almost $300 million, a year.
Philips to cut 4,000 jobs 'immediately' after bigger-than-expected loss
02:19am, Monday, 24'th Oct 2022
Royal Philips NL, +3.00% PHIA, -2.66% on Monday said it will "immediately" cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announced the layo
Royal Philips swings to wider-than-forecast net loss of $1.31 billion
02:13am, Monday, 24'th Oct 2022
By Anthony O. Goriainoff
Philips to cut 5% of its workforce after medical equipment recall
01:24am, Monday, 24'th Oct 2022
Dutch medical equipment maker Philips said on Monday it expected to scrap around 4,000 jobs as it tried to streamline its organisation after a massive recall slashed around 70% off its market value in
Why Shares in Philips Fell Sharply This Week
10:12am, Friday, 14'th Oct 2022
The medical technology company disappointed investors yet again this week.
Why Koninklijke Philips Stock Is Sinking Today
12:07pm, Wednesday, 12'th Oct 2022
The company expects a big write-down in Q3.
Philips stock dips after issuing second profit warning of the year
11:00am, Wednesday, 12'th Oct 2022
Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss the drop in shares for Philips after the company issued its second profit warning.
Philips stock slumps 8% after issuing profit warning
06:41am, Wednesday, 12'th Oct 2022
Shares of Philips dropped 8% to their lowest level since 2012 after the Dutch tech company issued its second profit warning this year, forewarning that supply chain problems will impact sales and thir
Buy ‘international equities' to capitalise on strong U.S. dollar: Pro
05:19pm, Tuesday, 27'th Sep 2022
Investors should look for opportunities in international equities as the dollar continues to gain and retain strength, says David Herro – the Vice President of Oakmark Funds. U.S. dollar index hi
Philips (PHG) to Showcase New Innovations & Cardiac Solutions
12:47pm, Monday, 19'th Sep 2022
Philips (PHG) is launching cardiac solutions to further benefit from its tried-and-tested strategic operational decision to build new products to attract more customers.
Dutch shareholders threaten to sue Philips over recall -media
01:35am, Monday, 12'th Sep 2022
Dutch shareholders association VEB is threatening to take Philips to court over its handling of a worldwide recall of respiratory machines, claiming it caused billions in losses by giving incorrect in
Philips (PHG) Expands Partnership to Build Angio CT Solution
04:33pm, Friday, 09'th Sep 2022
Philips (PHG) is building the world's first spectral detector angio CT solution by forging an alliance with the Leiden University Medical Center.
Paris prosecution office investigates Philips ventilators
04:10am, Thursday, 08'th Sep 2022
A department of the Paris prosecution office has opened a preliminary criminal investigation linked to faulty Philips ventilators in June, the office said on Thursday, confirming a French media report
French prosecutors probe Philips respirator recall, France Info reports
02:31am, Thursday, 08'th Sep 2022
The Paris Prosecutor's Office has opened a preliminary investigation into a respiratory devices recall by Dutch medical device maker Philips, French media outlet France Info reported on Thursday.
Philips (PHG) Alerts Users of Health Hazards of Therapy Masks
03:48pm, Wednesday, 07'th Sep 2022
Philips (PHG) cautions customers against health hazards faced by the users of CPAP or Bi-Level PAP therapy masks with magnetic headgear.
