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2nd UPDATE: Siemens 3Q Net Profit Down, Order Intake Slumps

Like its peers before it, Siemens AG (SI) paid its toll to the economic downturn Thursday with third-quarter net profit down 8% and order intake...

UPDATE: Siemens 3Q Net Profit Down, Keeps Full-Year Outlook

Siemens AG (SI) Thursday said third-quarter net profit fell 8% as margins narrowed in parts of its business and order intake slumped by 28% due to...

EARNINGS PREVIEW: Siemens' 3Q To Reflect Econ Downturn

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Cardium Completes Sale of InnerCool Therapies Business to Royal Philips Electronics

SAN DIEGO, July 24 /PRNewswire-FirstCall/ -- Cardium Therapeutics (NYSE Amex: CXM) ("Cardium") today announced that it has completed the asset...

EU Clears Philips To Acquire Coffee Machine Maker Saeco

The European Commission Friday cleared Dutch electronics company Philips NV (PHG) to acquire Italian espresso machine maker Saeco International...

Philips Expands Emergency Healthcare Offering With Acquisition of InnerCool Therapies, a Leader in Body Temperature Management

AMSTERDAM and SAN DIEGO, July 15 /PRNewswire-FirstCall/ -- Royal Philips (AEX:PHIAEX:NYSE:AEX:PHG) announced today that it has reached an...

Cardium's InnerCool Therapies Business to Be Acquired By Royal Philips Electronics

SAN DIEGO, July 15 /PRNewswire-FirstCall/ -- Cardium Therapeutics (NYSE Amex: CXM) ("Cardium") today announced that it has entered into a...

UPDATE:EU Sends Cartel Charges To Liquid Crystal Panel Makers

The European Commission Monday said it has sent formal charges to a number of companies supplying liquid crystal display panels on suspicion that...

2nd UPDATE: Phillips 2Q Net Profit Beats Hopes; Upgrades Cost Cuts

Dutch electronics company Royal Philips Electronics NV (PHIA.AE) Monday reported a net profit for the second quarter, beating analysts...

Philips: Received EU Cartel Charges On LCD Display Panels

Dutch conglomerate Royal Philips Electronics NV (PHIA.AE) Monday said it received cartel charges from the European Commission in May, as a result...

UPDATE: Philips Shares Up After 2Q Net Profit, More Savings

Shares in Royal Philips Electronics NV (PHG) rose sharply Monday after it surprised the market with a second quarter net profit and raised its...

Philips CFO: Cost Savings Target Raised To More Than EUR600 Million

Dutch electronics maker Royal Philips Electronics NV (PHIA.AE) expects to realize more than EUR600 million in cost savings by the end of 2009...

Philips Posts 1Q Net Profit On Savings, But Remains Cautious

Royal Philips Electronics NV (PHIA.AE) Monday posted a net profit for the second quarter, as margins improved due to cost savings and insurance...

EARNINGS PREVIEW: Philips To Post 2Q Loss, Increase Savings