Royal Philips NV fell the most in 26 years after the medical technology firm slashed its annual sales-growth forecast on tepid demand in China. Philips expects comparable sales to grow as much as ...

The shares had risen almost 50% this year as the company recovered from a massive recall of sleep aide machines. Fears of large litigation bills had slashed about two thirds off Philips's market ...

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year. Philips shares NL:PHIA PHG fell 15% in early Amsterdam trade. Steven Goldstein ...

Earlier this year, its two biggest investors Exor NV and Artisan Partners GP LLC raised their stakes in the company. The recall cost Philips around $5 billion, according to Bloomberg calculations. The ...

Philips Respironics has notified suppliers that it plans to outsource manufacturing operations from its Pennsylvania facilities in Murrysville and New Kensington to Thailand. That’s according to ...

but he's steering the company toward operational efficiencies and stable performance elsewhere to meet its year-end target. With uncertainties in China looming, Philips is doubling down on ...