Novo Nordisk A/S: “Other than appreciation, I can not tell you a reason to ring the register.” Koninklijke Philips NV: “That’s just not a well-enough run company. We own Danahe...
Tag: Philips
Philips to cut 4,000 jobs ‘immediately’ after bigger-than-expected loss
Royal Philips NL, +3.00% PHIA, -3.97% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announ...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
Newmont, Squarespace, Philips and more
Check out the companies making headlines before the bell: Newmont (NEM) – The mining company’s stock slid 3.3% in premarket trading after it reported lower-than-expected second-quarter earnings....
Philips stock opened 10% down on Monday: explained here
Koninklijke Philips NV stock (AMS: PHIA) is down more than 10% on Monday after the health-technology company reported a net loss for its fiscal first quarter. Notable figures in Philips Q1 earnings re...
Philips stock tumbles toward biggest selloff since 2008 after downbeat revenue outlook
The U.S.-listed shares of Koninklijke Philips N.V. PHG, -15.53% PHIA, -15.46% plunged 15.7% toward a near two-year low in morning trading Wednesday, after the Netherlands-based medical technologies an...
Philips opened 15% down on Wednesday: here’s the catalyst
Shares of Koninklijke Philips NV (NYSE: PHG) slipped nearly 20% this morning after the health technology company predicted a 40% decline in Q4 core profit. Philips blames supply constraints Philips no...