LG.Philips shares slide to record low on probe
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Shares of South Korean flat screen maker LG.Philips LCD Co. Ltd. hit a record low on Tuesday, a day after it said it was being investigated by South Korean, Japanese and U.S. fair trade watchdogs.
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European shares dipped Monday as investors digested news that the German government was selling up to 4 billion euros worth of shares in Deutsche Telekom and as news of weak Asian profits hit Philips.
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Sony Corp.  shares fell to a 2-1/2-month low on Monday after Toshiba Corp.  and Fujitsu Ltd.  joined the list of PC makers recalling Sony-made batteries, increasing potential damage to its earnings.
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Shares fall as the company says it may end royalty estimates and count them only when received. NEW YORK  - Qualcomm Inc.
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Flat screen maker LG.Philips LCD Co Ltd  reported its highest ever quarterly profit on Monday and predicted even better profits for 2008, but voiced concerns over a potential return to oversupply in early 2009.
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Europe&#39;s top consumer electronics group Philips cut the sales forecast Friday for its closely-watched chip unit and predicted much slower growth for the semiconductor industry next year.
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AMSTERDAM, Netherlands (Dow Jones/AP) -- Royal Philips Electronics NV Friday lowered the outlook for its semiconductors division and its industry growth prediction, giving another indication that the sector is experiencing a slowdown due to high inventory
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Shares in telecommunications equipment maker Alcatel-Lucent SA fell Thursday to their lowest level after the company slashed its forecast for full-year revenue growth in its third profit warning since the start of the year
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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.
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London shares closed lower after a volatile session that saw the FTSE 100 cover a 326-point range, with oil shares lower on weaker crude prices and cell phone maker Motorola adding to a gloomy corporate picture by posting a dramatic slide in earnings.
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High-level executives from Japan's Sharp   Corp. 6753.T traveled to South Korea last week to visit   LG.Philips LCD Co. Ltd. 034220.KS, as Philips PHG.AS seeks   a buyer for its 32.9 percent stake in the Korean LCD firm,   Taiwan media reported on Friday.
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Sony Corp. 6758.T shares fell to a 2    month low on Monday after Toshiba Corp. 6502.T and Fujitsu   Ltd. 6702.T joined the list of PC makers recalling Sony-made   batteries, increasing potential damage to its earnings.
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AMSTERDAMâRoyal Philips Electronics NV, Europe&#39;s top consumer electronics group, cut the sales forecast for its closely watched chip unit yesterday and predicted much smaller growth for the semiconductor industry next year.
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LG.Philips LCD (nyse: LPL - news - people ) issued its first earnings announcement since a $1 billion initial public offering in July, and the news is not dazzlingly.
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Leading shares closed weaker on Tuesday, with BAE Systems sharply lower after the US Department of Justice started a probe into its compliance with anti-corruption laws.
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Clouds continued to gather over the chip sector last week after Philips confirmed a bleaker outlook for sales, and analog and DSP chip vendor Cirrus Logic Inc sharply downgraded its forecast for the current quarter because customers want to reduce
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European stock markets struggled in early trading as a disappointing outlook from Dutch electronics giant Philips and record high oil prices dented sentiment, dealers said.