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April 8, 2013
18:34 EDTPHGPhilips to pay $4.5M to settle bribery claims, WSJ reports
Philips (PHG) will pay $4.5M to settle with U.S. regulators over allegations of foreign bribery, according to a Wall Street Journal report that cites a company spokeswoman. Reference Link
News For PHG From The Last 14 Days
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January 27, 2015
08:57 EDTPHGPhilips says tracking 1 percentage point behind 2016 targets
Philips said: “Overall, 2014 was a setback in our performance trajectory. We have been taking clear actions to drive stronger operational performance across our businesses and expect sales growth and EBITA margin improvements in 2015 and beyond. However, looking ahead, we remain cautious regarding the macroeconomic outlook and expect ongoing volatility of some of our end-markets. We also anticipate further incidental costs in 2015 and 2016, mainly in relation to restructuring and the separation. Due to these factors, we are tracking 1 percentage point behind on the path to achieving each of our 2016 comparable sales growth, EBITA and ROIC Group targets. We are convinced that this does not change our longer-term performance potential, considering the attractiveness of the Lighting Solutions and HealthTech markets and our competitive position. Later this year, as we progress with the separation of Philips and reallocation of IG&S, we will update the market about the integral performance targets for each of the two operating companies.”
08:56 EDTPHGPhilips reports Q4 net income EUR 134M vs. EUR 412M last year
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January 14, 2015
10:00 EDTPHGOn The Fly: Analyst Upgrade Summary
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05:37 EDTPHGPhilips upgraded to Neutral from Underperform at Exane BNP Paribas
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