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Philips parts ways with CEO in midst of massive recall
Reuters via Yahoo Singapore Finance· 2 years agoAMSTERDAM (Reuters) -Philips Chief Executive Frans van Houten will leave the company in October, the...
Philips Shares Rise After Departure of CEO Announced
Investing.com via Yahoo News· 2 years agoBy Scott Kanowsky Investing.com -- Shares in Koninklijke Philips NV (AS:PHG) jumped by more than 3% on Tuesday after the Dutch health technology firm announced the departure of chief executive ...
Philips shares slump on profit warning and sleep apnea device writedown
Reuters via Yahoo Singapore Finance· 2 years agoAMSTERDAM (Reuters) -Philips shares fell to their lowest in a decade on Wednesday as the Dutch...
Philips to cut 4,000 jobs after millions of devices recalled over safety concerns
Evening Standard via Yahoo Singapore Finance· 2 years agoThe job losses represent a cut of about 5% of the workforce, and will be part of a 300 million Euro...
Philips expands respiratory devices recall on possible plastic contamination
Reuters via Yahoo Singapore Finance· 2 years agoThe company's subsidiary, Philips Respironics, has not received any reports of patient harm due to...
Philips management will not receive bonuses for 2022
Reuters via Yahoo Singapore Finance· 1 year agoAMSTERDAM (Reuters) -Dutch health technology company Philips' top management will not take any bonuses for 2022 after a global recall of respiratory...
Philips shareholders deal snub to board over 2022 turmoil
Reuters via Yahoo Singapore Finance· 1 year agoProxy advisory firms Institutional Shareholder Services and Glass Lewis had advised investors to...
Philips shares hit 9-year low on weak quarter and guidance cut
Reuters via Yahoo News· 2 years agoAMSTERDAM (Reuters) -Dutch medical equipment maker Philips posted a bigger-than-expected drop in...
French prosecutors probe Philips respirator recall
Reuters via Yahoo Singapore Finance· 2 years agoPARIS (Reuters) -French prosecutors said on Thursday they had opened a preliminary investigation into a respiratory device recall by Philips, as the...
FDA says faulty Philips device reports accelerating as CEO departs
Reuters via Yahoo Singapore Finance· 2 years agoThe U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep...
