Koninklijke Philips N.V. (PHG)
After hours:
- Motley Fool
Why Shares of Royal Philips Got Crushed Today
Increased provisions for a product recall and the pandemic's impact on the installation of its medical equipment hurt the company in the fourth quarter.
- Zacks
Philips' (PHG) Q4 Earnings Hit By Supply-Chain Issues, Recall
Philips (PHG) fourth-quarter and 2021 results suffer from supply-chain constraints and adverse impact of the Respironics recall.
- Motley Fool
Will This Stock's Pain Be Medicare's Gain?
The stock market has finally gotten some upward momentum, and Wall Street tried to carry it further into Wednesday's premarket session. S&P 500 (SNPINDEX: ^GSPC) futures had picked up 5 points to 4,710, and Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had risen 35 points to 15,866. Biogen (NASDAQ: BIIB) was particularly noteworthy, because news about its treatment for Alzheimer's disease is setting up a potential financial battle between the biotech stock and the U.S. government's Medicare program.
