Philips 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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Philips reports Q2 net income EUR 0.26 vs. EUR 0.35 last year Reports Q2 revenue EUR 5.29B vs. EUR 5.63B last year. Healthcare comparable sales decreased 4%. Consumer Lifestyle comparable sales increased by 7%. Lighting comparable sales increased 1% year-on-year.
BofA/Merrill European capital goods analysts hold an conference call The European Capital Goods Analyst Research Team provide a 2Q preview on an Analyst/Industry conference call to be held on July 10 at 9 am.