Royal Philips NV shares soared by a record after a lower-than-expected
Royal Philips NV shares soared by a record after a lower-than-expected
Royal Philips NV shares soared by a record after a lower-than-expected
AMSTERDAM (Reuters) -Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to resolve claims over recalled breathing devices in the United States. Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years. "This settlement is significantly lower than expectations of $2-4 billion and worst case of $10 billion,"...
Royal Philips NV shares soared by a record after a lower-than-expected
Royal Philips NV shares soared by a record after a lower-than-expected settlement on US claims linked to faulty sleep apnea devices, stoking hopes the manufacturer has moved past concerns that have dogged it for the past three years.
Deputies with the Tangipahoa Parish Sheriff’s Office have arrested a man and a woman in connection with the fatal shooting of another man at a Hammond apartment complex.
HAMMOND - Deputies announced that a man has been arrested for the shooting death of a 28-year-old as well as a 39-year-old woman for being an accessory after the fact. The Tangipahoa Parish Sheriff's Office said the shooting happened Tuesday at Tangi Village Apartments in Hammond. Tyrell Brister, 21, was arrested for his alleged connection to the shooting death of 28-year-old Malcolm Toney. Brister was booked for several charges including second-degree murder, aggravated assault, home...
MJ Phillips is taking things slow as she returns to the fray for the Petro Gazz Angels in crunch time at the 2024 PVL All-Filipino Conference.
Medical equipment maker Philips has reached a $1.1 billion out-of-court settlement in the US to pay claims related to its sleep apnea apparatus. The payments will go to patients who said they had been made ill by using the equipment or that they may face health problems in future. Philips made details of the agreement public on Monday, at the presentation of its first quarter figures. “Philips and Philips Respironics do not admit any fault or liability, or that any injuries were caused
LOS ANGELES - The Edmonton Oilers are adding depth for the playoffs by recalling goaltender Jack Campbell and defenceman Philip Broberg from the American Hockey League's Bakersfield Condors.
Philip Morris International (PM) is expected to see a year-on-year rise in its quarterly earnings, when it reports its first-quarter results on April 23, Tuesda