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Stock Market & Financial Investment News

News Breaks
June 30, 2014
10:18 EDTVECO, PHGVeeco has positive read through from Philips spinoff effort, says Wedbush
After Philips (PHG) said it would look to spin off its LED unit, Wedbush thinks Philips' announcement suggests that it expects LED makers to have large capex in 2015-2016. Wedbush, however, keeps a $35 price target and Neutral rating on Veeco.
News For VECO;PHG From The Last 14 Days
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July 21, 2014
06:11 EDTPHGPhilips sees second half EBITA above last year
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06:10 EDTPHGPhilips 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.
July 10, 2014
08:04 EDTPHGBofA/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.
July 8, 2014
09:42 EDTPHGPhilips Respironics receives warning letter from FDA
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05:41 EDTPHGPhilips Healthcare CEO steps down after Q2 EBITA below expectations
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