(AMSTERDAM, Netherlands)Royal Philips Electronics NV on Monday reported an 11 percent rise in net income for the third quarter, due to a one-time gain from the sale of shares it held in another company.READ MORE
(BURLINGTON, Mass.)Nuance Communications Inc. narrowed its fiscal fourth-quarter revenue outlook on Wednesday and said it now expects a slightly smaller loss for the period than it predicted earlier....READ MORE
(BURLINGTON, Mass.)Nuance Communications Inc., which makes speech recognition software, said Wednesday it bought Royal Philips Electronics' speech recognition unit for about 66 million euros, or US$9...READ MORE
(AMSTERDAM, Netherlands)NXP Semiconductors BV said Friday it will close or sell four plants, including one in New York state, and cut 4,500 jobs, or 14.5 percent of its global work force.READ MORE
(ANDOVER, Mass.)The Dutch company Royal Philips Electronics NV is relocating its North American headquarters to Andover, Mass. from New York City. A company spokesman said the move will inject $26...READ MORE
(AMSTERDAM, Netherlands)Royal Philips Electronics NV, the world's largest maker of lighting products, said Monday its second-quarter profit fell by more than half, despite resilient sales in a battered gl...READ MORE