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The Agnellis’ risky Philips bet starts to pay off
Reuters· 1 hour agoJohn Elkann’s risky bet on Philips is starting to pay off. The Agnelli scion’s investment firm Exor spent nearly $3 billion on a 15% stake in the Dutch medical-kit maker in ...
Philips reaches $1.1 billion settlement for CPAP machine lawsuits, admits no fault or liability
CNN via Yahoo Finance· 16 hours agoMedical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of...
Philips settles sleep apnea device lawsuits for $1.1 billion
CBS News· 14 hours agoPhilips, a leading maker of CPAP machines, has agreed to pay $1.1 billion to settle lawsuits over...
What consumers should know as Philips agrees to $1.1 billion CPAP settlement
NPR· 2 days agoSome 15 million Philips CPAP and ventilator machines worldwide are affected by the Class I recall, a...
Philips Agrees to Pay $1 Billion to Patients Who Say They Were Injured by Breathing Machines
ProPublica· 18 hours agoProPublica is a nonprofit newsroom that investigates abuses of power. After years of legal battles, ...
Philips (PHG) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
Zacks via Yahoo Finance· 20 hours agoPhilips' (PHG) first-quarter results benefit from strong momentum across the Diagnosis & Treatment...
Earnings call: Philips reports progress amid Respironics recall resolution
Investing.com· 1 day agoIn their First Quarter 2024 Results Conference Call, Royal Philips (ticker: PHG) CEO Roy Jakobs...
Philips Agrees to $1.1 Bln U.S. Ventilator Settlement, Backs Guidance -- Update
Market Watch· 2 days agoPhilips made the disclosure as it reported a net loss for the first quarter of EUR999 million compared with a loss of EUR665 million for the comparable period a year earlier ...
CPAP machine maker Philips to pay $1.1B to settle lawsuits over flawed sleep apnea devices
New York Daily News· 2 days agoDutch manufacturer Philips has agreed to pay $1.1 billion to settle lawsuits regarding some models...
Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
USA TODAY via Yahoo Finance· 2 days agoMedical device company Philips reached a settlement Monday to shell out $1.1 billion to cover...