|Bid||41.80 x 1400|
|Ask||41.81 x 800|
|Day's Range||41.64 - 42.10|
|52 Week Range||35.47 - 44.71|
|PE Ratio (TTM)||21.75|
|Forward Dividend & Yield||0.99 (2.28%)|
|1y Target Est||47.87|
In less than a year, Craig Gruchacz has hired more than 400 people. Gruchacz is the top local executive for the Dutch health-tech giant Philips (NYSE: PHG), one of the highest-profile economic development recruits Nashville scored in 2017. Philips represents both the kind of health care jobs Greater Nashville is known for, and the tech sector it's striving to cultivate, wrapped in the name-recognition of a Fortune 500 company.
Brazilian prosecutors have formally charged General Electric Co's chief executive for Latin America for alleged involvement in a healthcare cartel, officials said on Wednesday, though a judge ruled that he should be released from jail for now. Daurio Speranzini Jr. was one of 24 people arrested a month ago as part of an investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro. The crimes investigated occurred from 2004 to 2010 when Speranzini was head of Philips Medical Systems in Brazil, prosecutors said, and continued until 2015 while he had various positions in GE's healthcare unit.
Creditors with general unsecured claims—mainly suppliers and vendors—will now receive $2.75 million. Jeffrey Cohen, a Lowenstein Sandler lawyer for the committee representing unsecured creditors, said at a hearing Wednesday before Judge Christopher Sontchi that the settlement is particularly good news for many small, family-owned businesses that have been doing business with Gibson for decades.
Hologic (HOLX), a leading women’s health technology player, will release its fiscal third-quarter earnings results on July 31 after markets close. The stock fell more than 9% following the results. Many analysts covering Hologic cut their target prices on HOLX stock in the following days. As of July 30, Reuters reported that of the 19 analysts covering Hologic, ~63% have a “buy” or “strong buy” rating on HOLX stock.
CHICAGO, July 25, 2018 /PRNewswire/ -- Breathing can be difficult for the 6.1 million children living with asthma in the U.S. In an average classroom size of 30, three of those children would have asthma. While there is no cure for asthma, according to the American Lung Association this chronic lung disease can be managed and treated allowing for children to lead an active, healthy life. "Asthma is a serious lung disease, but with proper treatment and an action plan, it can be managed, getting children back into the classroom and out on the playground," said Traci Gonzales, pediatric nurse practitioner and American Lung Association volunteer spokesperson.
Dutch group Philips and three other consumer electronics companies were fined a total 111.2 million euros ($130 million) by EU antitrust regulators on Tuesday for imposing fixed or minimum online prices for their products. The ruling against Philips, Asus, Pioneer and Denon & Marantz followed a 17-month investigation by the European Commisssion as part of its crackdown on online sales practices such as price restrictions based on a customer's location or nationality. The investigation, which began in February last year, was one of three that covered a total of 15 companies in the consumer electronics, video game and hotel sectors.
Dutch group Philips (PHG.AS) and three other consumer electronics companies were fined a total 111.2 million euros ($130 million) by EU antitrust regulators on Tuesday for imposing fixed or minimum online prices for their products. The ruling against Philips, Asus (2357.TW), Pioneer and Denon & Marantz followed a 17-month investigation by the European Commisssion as part of its crackdown on online sales practices such as price restrictions based on a customer's location or nationality. The investigation, which began in February last year, was one of three that covered a total of 15 companies in the consumer electronics, video game and hotel sectors.
Asustek Computer Inc. and Royal Philips NV were among four companies fined a total of 111 million euros ($130 million) by European Union antitrust regulators for preventing online retailers from setting prices that undercut traditional stores. Asus received the largest fine, about 63.5 million euros, while Philips owes nearly 30 million euros, the European Commission said Tuesday in a press release. Pioneer Corp. got a 10.2 million-euro penalty and Denon & Marantz was fined 7.7 million euros.
BRUSSELS (Reuters) - EU antitrust authorities handed down a total fine of 111.2 million euros ($130.1 million) to Philips (PHG.AS), Pioneer , Asus (2357.TW) and Denon & Marantz on Tuesday for fixing online ...
The European Commission imposed a fine of 111 million euros ($130 million) on four consumer electronic firms Tuesday, for fixing prices on their resold items.
NEW YORK, NY / ACCESSWIRE / July 23, 2018 / Royal Philips NV (NYSE: PHG ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 23, 2018 at 10:00 AM Eastern Time. To listen ...
On a per-share basis, the Amsterdam-based company said it had net income of less than 1 cent. Earnings, adjusted to account for discontinued operations, came to 24 cents per share. The medical imaging ...
Royal Philips NV Chief Executive Officer Frans van Houten discusses the Dutch health company's second-quarter earnings, the possible impact of a "hard" Brexit on U.K. manufacturing and the implications ...
Dutch health-technology company Royal Philips NV reported a 9.8 percent rise in second-quarter profit, driven by its growing diagnostics business, though inventory issues in China held back revenue. Sales advanced 4 percent on a comparable basis to 4.29 billion euros, below the company-compiled estimate of 4.32 billion euros.
China’s battle to cut notorious air-pollution levels is hurting sales of air purifiers by Royal Philips NV. Revenue from the machines that capture harmful fine particles in homes dropped by a high-single-digit amount in China, in the second quarter, the Dutch maker of hospital scanners and medical gear said in a statement on Monday. It’s a good thing for the people of China so I don’t want to complain about that,” Frans van Houten said on a call.
Alphabet Inc.'s Google ( GOOGL), the world’s leading internet giant, was penalized $5 billion this Wednesday on charges of abusing its dominant position its Android smartphone operating system enjoys in the market. The record fine was the maximum ever imposed on a technology company in the EU region.
NV, which says it is owed $57 million by Gibson Brands Inc., has lodged several objections to the bankrupt guitar maker’s proposed reorganization plan, saying, among other things, that many unsecured creditors will get almost nothing while existing owners will receive millions. The Netherlands-based company, in a filing Wednesday in U.S. Bankruptcy Court in Wilmington, Del., also said Gibson has done a poor job of marketing its assets during its chapter 11 proceedings and that a document that the company filed last week in bankruptcy court gave misleading recovery figures for higher-ranking creditors. Gibson filed for bankruptcy in May. The company, founded in 1894, blamed much of its recent financial struggle on its Hong Kong-based Gibson Innovations Ltd. division, which sells Philips-branded consumer electronics such as headphones and speakers.
Stock Research Monitor: SNE, VUZI, and LW LONDON, UK / ACCESSWIRE / July 19, 2018 / If you want a free Stock Review on PHG sign up now at www.wallstequities.com/registration . On Wednesday, benchmark US ...