Philips Takes &#36;752 Million Charge in 4Q
91811
Philips Electronics NV, the Dutch electronics maker, said Wednesday it will take a &#36;752 million charge in the fourth quarter to reduce the estimated value of its stake in U.S. medical transcription company MedQuist Inc.
51549
- Ultralife Batteries Inc  said it received a follow-on order of about $40 million to supply advanced communications systems and expects 2008 revenue to reach at least $230 million.
557888
AMSTERDAM: Royal Philips Electronics NV has sold its entire 3% stake in Vivendi Universal for around 720 million euros. The transaction closed on Wednesday and is expected to result in a non-taxable gain of 300 million euros in the fourth quarter.
556178
Royal Philips Electronics NV, Europe&#39;s largest maker of televisions, raised 550 million euros ($729 million) by selling more than half of its stake in Atos Origin SA, France&#39;s No.
90073
Philips Electronics  has  extended its $2.7 billion takeover offer for U.S. lighting  maker Genlyte Group Inc  to January 16, saying not all  regulatory approvals have been obtained yet.
32942
LONDON, November 25  - Dutch electronics and semiconductor giant, Philips (PHI1.ETR), has sold its entire stake in the French media company, Vivendi Universal.
494265
Europe&#39;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.
17241
Royal Philips Electronics NV, The Dutch technology conglomerate, reported net profit fell 17 percent in the fourth quarter on a mix of charges, writedowns and stock sales.
68840
The company will take a $275 million fourth-quarter charge as more cardholders fail to repay their debts.
625579
Wyeth  on Monday reported a fourth-quarter loss despite strong sales growth of its prescription medicines, as it took another charge of &#36;4.5 billion for costs related to its recalled fen-phen diet drugs.
204596
LG Philips LCD said net profit collapsed in the fourth-quarter of 2004 due to a sharp fall in display panel prices but the market should steady and then recover in the coming months.
668747
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!
539164
Continental Airlines Inc. expects to take &#36;19 million in fourth-quarter charges for future lease payments and return conditions for aircraft retirements, the No. 5 U.S. airline said in a filing on Friday.
751782
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.
71924
Drugmaker Eli Lilly and Co.  on Wednesday said its restructuring will result in a fourth-quarter charge of 24 cents to 27 cents per share, above its previous estimate of 19 to 24 cents per share.
497419
(InfoWorld) - Koninklijke Philips Electronics has completed the sale of an 80.1 percent stake in its chip division to a group of private investment houses, the company said Saturday. The stake in NXP Semiconductors, theÂ new nameÂ of the chip unit,Â was sold to a groupÂ including Kohlberg Kravis Roberts & Co. (KKR), Silver Lake Partners, and AlpInvest Partners. Philips expects to take in â¬6.4 billion ($8.12 billion) in cash from the sale, after taxes. The European electronics giant will keep a 19.9 percent share of the business. Philips said the deal places the value of NXP at â¬8.3 billion. There have been a number of chip industry deals this year, including aÂ $17.6 billion offer for Freescale SemiconductorÂ last month. In July,Â Intel soldÂ its communications and application processor business to Marvell Technology Group for $600 million, while earlier this year,Â PMC-Sierra acquiredÂ the storage semiconductor business formerly owned by Agilent Technologies for $425 million.
246535
By Charoen Kittikanya, Bangkok Post, Thailand  Dec. 19--Philips Electronics (Thailand) expects its business to remain in  good shape next year on the back of robust double-digit growth in 2006.