LG.Philips posts record Q2 loss, hopes for Q4 relief
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Flat-screen maker LG.Philips LCD Co. Ltd.  (034220.KS) reported a record quarterly loss on Tuesday, hit by  crumbling panel prices, and forecast a meaningful recovery only  in the fourth quarter.
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LG.Philips LCD Co. Ltd. reported a worse-than-expected 15 percent drop in quarterly profits on tumbling flat-screen prices and warned a global supply surplus could push prices down by a further third.
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Jarvis, the support services group, announced a record loss yesterday as it wrote off Â£240m to cover past and future problems. It passed its half-year dividend and turnover fell almost 30 per
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Philips Electronics beat expectations  with strong cash flow and fourth quarter earnings in most units  and unveiled a share buyback, but warned on Thursday that the  world economy made it cautious.
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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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TechWeb - The maker, LG.Philips, will also show an 84-inch LCD screen at the Consumer Electronics Show next week.
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Quality Distribution is hammered after reporting a large loss for the second quarter.
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Citing continued weakness in the semiconductor test equipment industry, LTX Corp. widened its fiscal second-quarter loss estimate and lowered its revenue guidance. The Westwood company said it now expects to report a second-quarter loss of 31 to 33 cents a share, excluding charges, greater than a loss of 26 to 28 cents that it projected in November. The supplier of ...
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Europe's top consumer electronics group Philips cut the forecast for its closely watched chip unit on Friday and predicted a significant slowdown for the semiconductor industry next year.
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Shares in chipmaker Infineon (IFXGn.DE: Quote, Profile, Research) fell 3 percent on Tuesday after Philips (PHG.AS: Quote, Profile, Research) gave a cautious outlook for its chips unit and analysts worried the German firm
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Slow consumer buying weighed on third-quarter results of Philips Electronics, and the company says high inventories will continue to hit business in the fourth quarter.
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Shares in LG.Philips LCD Co Ltd  (034220.KS) surged on Friday on market talk Japan's Matsushita  Electric Industrial was buying a stake in the South Korean flat  screen maker, but both firms poured cold water on the talk.
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The head of the chip division of electronics group Philips unexpectedly stepped down on Wednesday, raising worries that the key division is performing below expectations.
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Europe's top consumer electronics  group Philips cut the forecast for its closely watched chip  unit on Friday and predicted a significant slowdown for the  semiconductor industry next year.
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The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
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The electronics retailer has a tough quarter, as expected.
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Philips Electronics, Europe&#39;s largest consumer electronics company, lowered its sales forecast for its semiconductor division, representing the latest sign that the sector is suffering a slowdown after a long period of rapid growth.