Philips announces new $7.2 billion share buyback
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Dutch Philips Electronics  said on Wednesday it plans to repurchase 5 billion euros ($7.2 billion) worth of its own shares within the next two years, starting on January 2.
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Philips Electronics said on Wednesday that it would take a $752 million charge in the fourth quarter to reduce the value of its stake in MedQuist, a medical transcription company.
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Aon Corp , one of the world's largest insurance brokers, said on Monday it has agreed to sell two units for about $2.75 billion and will devote the proceeds of the deal to a share buyback.
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Amsterdam (pts) - Dutch electronics company Philips http://www.philips.com has announced today, Friday, that it has cut its stake in Atos Origin by more than a half.
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Dutch electronics manufacturer  Philips Electronics published fourth quarter earnings above  analysts' estimates and unveiled a share buyback, but warned on  Thursday that the world economy made it cautious.
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Texas Instruments Inc  said on  Friday its board has approved an additional $5 billion share  buyback and the company plans to raise its quarterly cash  dividend by 25 percent.
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Philips Electronics  said on Friday it is to buy U.S. medical products company Respironics  for $5.17 billion to strengthen its healthcare business.
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Dutch electronics firm Philips said on Wednesday it plans to almost double its research and development staff in China to 1,300 over the next 2 years, underscoring the country&#39;s growing clout as a technology center.
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The acquisition of Respironics, which makes medical devices that assist or monitor breathing, is one of a steady stream of takeovers of U.S. companies by Philipsâ medical arm.
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Philips might have started selling PCs again, but they are still outsourcing their internal PC needs. And Dell is the lucky one to get the deal worth around USD 700 millions!
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Philips Electronics announced Friday that it would launch a friendly cash takeover bid for US medical equipment company Respironics, valuing it at 5.1 billion dollars (3.6 billion euros).
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Dutch Philips Electronics   missed analysts forecasts on Monday with second-quarter net  profit depressed by price pressure in LCD displays, but sales  and operating profit rose faster than expected and it announced  a 1.5 billion euro (&#36;1.90 billion) share buyback.
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Philips Electronics said it will  write off $753 million for its healthcare unit MedQuist,  leaving analysts wondering if Philips will need to restate its  earnings.
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Philips Electronics  said on Monday it had completed the sale of 800 million shares in Taiwan Semiconductor Manufacturing Company  valued at about $1.5 billion.
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By Bangkok Post, Thailand  Sep. 7--Philips Electronics (Thailand) Ltd will transfer all 3,400 of its  semiconductor sales and marketing staff to a newly established company,  Philips Semiconductors SMO, the sales and marketing arm of NXP Semiconductors,  on Oct 1.
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Hon Hai , Taiwan's top electronics parts maker, is likely to buy part of the stake Philips  wants to sell in South Korea's LG.Philips LCD , local newspapers reported on Saturday.
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Texas Instruments Inc  said on Friday its board has approved an additional $5 billion share buyback and the company plans to raise its quarterly cash dividend by 25 percent.