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WILMINGTON, Del., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Today, InterDigital, Inc. (NASDAQ: IDCC) announced a collaboration with Royal Philips (NYSE: PHG, AEX: PHIA) to jointly develop MPEG Visual Volumetric Video-based Coding (V3C) immersive codecs to the benefit of telepresence and XR-driven e...
A bearish outlook painted by Koninklijke Philips N.V. ( NYSE: PHG ) last week has led to a downgrade on Wall Street as Jefferies lowered its recommendation on the Dutch healthcare company to Underperform from Hold on Tuesday. Issuing an update on its Q3 2022 performance, PHG...
Summary Signify is a cash cow, but the strong investment in the working capital position in H1 is hiding the underlying results. The sale of real estate provided a nice one-time boost. Buy when there's blood in the streets, and I think Signify is getting sufficiently cheap to ...
Shares in medical technology company Koninklijke Philips (NYSE: PHG) fell by 8.5% in the week to Friday morning. The move came after yet another disappointing earnings report from the company. In short, it's been a tough year for Philips. In addition to high-profile product recall...
Societe Generale has downgraded Koninklijke Philips ( NYSE: PHG ) to hold from buy citing the company's recent profit warnin g and less confidence that company will experience a recovery next year. The firm has a €15.40 price target (~11% upside based on Thursda...
Royal Philips ( NYSE: PHG ) said it expanded rollout of its augmented reality (AR) surgical navigation solution ClarifEye to Japan. The Netherlands-based company highlighted positive results in the first patients treated by the International University of Health and We...
October 13, 2022 International University of Health and Welfare, Mita Hospital, Tokyo, employs Philips’ augmented reality (AR) surgical navigation solution to treat first patients in Japan, helping to bring the patient benefits of minimally-invasive spine surgery to Japan...
A choppy session ended with slight losses on Wednesday, with the S&P 500 and Nasdaq both posting their sixth consecutive day of declines. Inflation remained a key talking point, ahead of key consumer price data due out on Thursday. Among individual stocks, Cameco ( CCJ ) was amo...
Shares of Koninklijke Philips NV (NYSE: PHG) had sunk by 11.2% as of 11:32 a.m. ET Wednesday. The steep decline came after the Dutch healthcare company provided an early update on its third-quarter results and full-year outlook. Philips will deliver its official Q3 results on Oct. 2...
Shares of Koninklijke Philips ( NYSE: PHG ) fell to their lowest level since June 2012 on Wednesday morning after warning that continuing supply chain issues and a goodwill impairment charge in its sleep and respiratory care business will weigh on Q3 earnings . The sto...
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Koninklijke Philips (NYSE: PHG) notified its customers about a possible power malfunction in its Trilogy Evo continuous ventilators and initiated a...
Koninklijke Philips N.V. (NYSE:PHG) has reportedly taken legal action against SoClean to allocate a portion of the recent $1.1 billi...
Earnings reports and a dovish stance from the Federal Reserve lifted stocks last week. Major indices reacted positively, particularly to ...