RYLPF - Koninklijke Philips N.V.

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The past three years for Koninklijke Philips (AMS:PHIA) investors has not been profitable

Koninklijke Philips N.V. ( AMS:PHIA ) shareholders should be happy to see the share price up 18% in the last quarter...

Is Koninklijke Philips (PHG) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Tests clear recalled Philips sleep apnoea machines of health risks -company

AMSTERDAM (Reuters) -Dutch medical devices maker Philips said on Tuesday that independent tests have shown that the use of its respiratory devices involved in a major global recall did not cause health risks for patients. Philips said "rigorous testing" by external parties on the range of DreamStation machines used to treat sleep apnoea showed positive results, confirming preliminary results released last year. "We are very pleased with these results, it is very important for patients to know that the use of the devices did not lead to a health risk", Philips Chief Executive Roy Jakobs told Reuters in a phone interview.

Philips to pay $62 million to resolve charges it violated US law

WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the Foreign Corrupt Practices Act over its conduct related to sales of medical equipment to China, the U.S. Securities and Exchange Commission said on Thursday. Philips said the settlement related to allegations of "irregularities in the medical device industry" in China between 2014 and 2019, for which it took a provision in the fourth quarter of last year.

Philips shareholders deal snub to board over 2022 turmoil

Proxy advisory firms Institutional Shareholder Services and Glass Lewis had advised investors to vote against discharging the board before the annual shareholder meeting in Amsterdam. The Dutch association of shareholders VEB said its vote against was mainly a way to show its discontent with how former CEO Frans van Houten handled the fallout from the recall. In a surprise move by the board, Van Houten was replaced by current CEO Roy Jakobs in October last year, several months before the end of his term.

Philips will continue to deliver hospital equipment to Russia, CEO says

Dutch health technology company Philips will continue to deliver hospital equipment to Russia, despite its war on Ukraine, Chief Executive Officer Roy Jakobs said on Tuesday. "The right to healthcare is universal, and we are part of the system delivering healthcare," Jakobs said at the company's annual shareholders meeting in Amsterdam. "We do this in Russia, as we do in Ukraine."

Is NuVasive (NUVA) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Philips' (PHG) Q1 Earnings Jump Y/Y on Strong Top-Line Growth

Philips' (PHG) first-quarter results benefit from robust performances by the Diagnosis & Treatment and the Connected Care businesses.

Koninklijke Philips N.V. (AMS:PHIA) institutional owners may be pleased with recent gains after 18% loss over the past year

Key Insights Significantly high institutional ownership implies Koninklijke Philips' stock price is sensitive to their...

Why Shares of Royal Philips Jumped Monday

Shares of Dutch medical equipment maker Royal Philips (NYSE: PHG) rose by more than 14% in early trading Monday after the company announced first-quarter earnings. Philips' stock had been lagging because of concerns over the recall of faulty ventilators and sleep apnea masks made by its subsidiary, Philips Respironics, as well as lawsuits connected to the recalls.

Philips stock rises on Q1 earnings beat

Yahoo Finance Live anchors Julie Hyman and Brad Smith break down the rise in stock for Philips following first-quarter earnings.

Coca-Cola Saw a Nice Pop, but This Healthcare Stock Was Monday's Big Early Winner

On Monday morning, it appeared based on stock index futures that markets would open with a modest move lower. One stock that many investors know quite well is Coca-Cola (NYSE: KO), and its latest earnings results came as a pleasant surprise for many who follow the beverage giant. Shares of Coca-Cola were higher by between 1% and 2% in premarket trading Monday morning.

Philips shares jump on recall provision and profit improvement

AMSTERDAM (Reuters) -Philips shares jumped 13% on Monday as the Dutch health technology company reported much better than expected first-quarter results and said it had set aside 575 million euros ($631 million) related to lawsuits over its recall of respiratory devices. Amsterdam-based Philips has been grappling with the fallout of the global recall of millions of respirators used to treat sleep apnoea since it was announced in June 2021 over worries that foam used in the machines could become toxic. The recall has knocked off around 70% of Philips' market value since then as investors feared the costs of a string of U.S. class-action lawsuits launched by patients who claim to have suffered economic losses due to the use of the device.

Philips (PHG) Drives Healthcare Prospects With Enhanced Dataset

Philips (PHG) announces its expansion with MIT IMES, which will help researchers and educators access a new critical care dataset.

Oracle (ORCL) and Zoom Partner to Expand Access to Virtual Care

Oracle (ORCL) and Zoom enter a partnership to connect patients and their records with doctors seamlessly.

Philips Hue Go table lamp review: battery-powered smart light for indoors or out

Rechargeable, water-resistant lamp you can pick up and take into the garden

Philips (PHG) Inks 7-Year Partnership With Northwell Health

Philips (PHG) announces that it has entered into a seven-year agreement with Northwell Health, one of the largest healthcare providers in the state of New York.

Should You Investigate Koninklijke Philips N.V. (AMS:PHIA) At €16.45?

Koninklijke Philips N.V. ( AMS:PHIA ) received a lot of attention from a substantial price increase on the ENXTAM over...

Philips expects to reach recall settlements this year

Dutch health technology company Philips expects to reach settlements this year relating to its global recall of respiratory devices, CEO Roy Jakobs said in an interview with Dutch financial daily FD published on Thursday. "I think we can at least reach a settlement on economic damages this year," Jakobs said without giving details on the expected costs. Jakobs added he "hopes and expects" to also reach a settlement with the U.S. Food and Drug Administration this year.

Philips (PHG) Drives Health Care Prospects With New Solutions

Philips (PHG) announces Philips Virtual Care Management solutions, which provide a comprehensive approach to telehealth for patients, providers and payers.