UPDATE 1-Shares in LCD makers hit by weak LG.Philips profit
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Shares in LCD manufacturers sank on Tuesday after LG.Philips LCD Co. Ltd. (034220.KS: Quote, Profile, Research) , the industry&#39;s number two, reported a surprisingly large fall in
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Europe's top consumer electronics  group Philips cut the forecast for its closely-watched  semiconductor unit on Friday, pointing to the predicted  slowdown of the sector's recovery.
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A profit warning from consumer products giant Unilever and concern that oil prices, now topping &#36;46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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Technology stocks led a tumble in Asian shares Tuesday as a gloomy outlook from LG.Philips LCD and record high oil prices fueled investor concerns about a slowdown in corporate profits and global economic growth.
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The investigation into Samsung Electronics and LG.Philips LCD is shaking an industry already burdened by falling prices.
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Technology stocks led a tumble in  Asian shares Tuesday as a gloomy outlook from LG.Philips LCD  and record high oil prices fueled investor concerns about a  slowdown in corporate profits and global economic growth.
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Third-quarter profits at Koninklijke Philips Electronics NV surged on one-time gains from stakes sold in two companies floated on the capital market, Europe&#39;s largest consumer electronics maker said Tuesday in a statement.
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Profit soared at technology conglomerate Philips Electronics NV in the third quarter but sales of consumer electronics were weak and the outlook for computer chips is gloomy, the company said.
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LG.Philips LCD, the world&#39;s second-largest liquid crystal display (LCD) maker, said Tuesday that it has developed the world&#39;s biggest active-matrix (AM) organic light emitting diode (OLED) display
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Samsung Electronics Co. Ltd.'s  third-quarter operating profit has fallen around 10 percent  short of market forecasts due to weak sales of flat screens, a  source familiar with the company's business said on Friday.
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French-US telecom equipment maker Alcatel-Lucent issued its second profit-warning of the year Thursday, sparking a sharp fall in the group&#39;s share price despite management assurances the merger of the two groups would prove fruitful.
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South Korean flat screen maker LG.Philips  LCD Co Ltd  said on Tuesday it was planning to  change its name to LG Display Co Ltd, pending approval at its  annual shareholder meeting on February 29.
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Shares of South Korean LCD panel maker LG.Philips LCD Co. Ltd.   fell sharply to a record low on Tuesday as a three-country probe into price fixing claims spread to more screen producers.
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South Korea&#39;s LG Electronics Inc.  (066570.KS) swung to a profit in the second quarter as a  turnaround in its LCD venture and strong mobile phone sales  outweighed heavy losses in its plasma display business.
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LONDON (CBS.MW) - Philips Electronics, the largest consumer electronics maker in Europe, on Tuesday cautioned it expects flat sales in its semiconductor business in the fourth quarter and is seeing ongoing margin pressure in consumer electronics.
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer slashed prices on flat-panel TVs to boost sales at the start of the holiday shopping season, sending its shares down over 6 percent.
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European shares fell Tuesday after weak  German ZEW investor confidence data raised fears economic  growth will dwindle and slow consumer buying weighed on the  third-quarter results of Philips.