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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 ...
AMSTERDAM, Oct 28 (Reuters) - Philips (PHG.AS), opens new tab said ... of consumer confidence in China and by an ongoing state-led anti-corruption campaign there which dragged down orders from ...
AMSTERDAM (Reuters) -Philips (PHG, PHIA.AS ... a deterioration of consumer confidence in China and by an ongoing state-led anti-corruption campaign there which dragged down orders from Chinese ...
Philips' (NYSE:PHG) latest announcement sent shockwaves through the market, revealing a sharp downward revision in its sales outlook amid a drastic decline in demand from China. This news has made ...