Philips raises full-year outlook despite slowing orders Technology Dutch health technology manufacturer Philips raised its full-year outlook on Monday even as its order intake sagged.
Philips shares and profits up as investors dismiss £575m sleep device recall bill Philips Philips shares jumped 13 per cent on Monday as the Dutch health technology company reported much better than expected first-quarter results and said it had set aside €575 million ($631 million) related to lawsuits over its recall of respiratory devices. Amsterdam-based Philips has been grappling with the fallout of the global recall of millions of respirators used to treat [...]