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<title>IBTimes.com RSS Feed - PHG</title>
<description>International Business News - PHG</description>
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<copyright>All articles are copyrighted by IBTimes.com</copyright>

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	<title>The International Business Times - Business News, Updated daily</title> 
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  <title>Philips reports 11 percent rise in 3Q profit</title>
  <description>Royal Philips Electronics NV reported an 11 percent profit increase Monday for the third quarter, due to a one-time gain from the sale of shares it held in another company.</description>
    <link>http://www.ibtimes.com/articles/20081013/philips-reports-11-percent-rise-in-3q-profit.htm</link> 
  <pubDate>Mon, 13 Oct 2008 14:10:33 EDT</pubDate>
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  <title>Nuance Communications adjusts fiscal 4Q outlook</title>
  <description>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.</description>
    <link>http://www.ibtimes.com/articles/20081001/nuance-communications-adjusts-fiscal-4q-outlook.htm</link> 
  <pubDate>Wed, 01 Oct 2008 09:07:07 EDT</pubDate>
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  <title>Nuance Communications buys speech recognition unit</title>
  <description>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$96.1 million.</description>
    <link>http://www.ibtimes.com/articles/20081001/nuance-communications-buys-speech-recognition-unit.htm</link> 
  <pubDate>Wed, 01 Oct 2008 08:40:35 EDT</pubDate>
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  <title>NXP Semiconductors to cut 4,500 staff</title>
  <description>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.</description>
    <link>http://www.ibtimes.com/articles/20080912/nxp-semiconductors-to-cut-4-500-staff.htm</link> 
  <pubDate>Fri, 12 Sep 2008 08:00:30 EDT</pubDate>
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  <title>Electronics giant Philips to move to Mass.</title>
  <description>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 $266 million into the local community. The firm is planning a formal announcement Tuesday with CEO Scott Weisenhoff and Massachusetts Gov. Deval Patrick.</description>
    <link>http://www.ibtimes.com/articles/20080718/electronics-giant-philips-to-move-to-mass.htm</link> 
  <pubDate>Fri, 18 Jul 2008 16:59:28 EDT</pubDate>
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  <title>Among big movers</title>
  <description>Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE</description>
    <link>http://www.ibtimes.com/articles/20080714/among-big-movers.htm</link> 
  <pubDate>Mon, 14 Jul 2008 16:59:09 EDT</pubDate>
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  <title>Philips profit skids despite good sales</title>
  <description>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 global economy.</description>
    <link>http://www.ibtimes.com/articles/20080714/philips-profit-skids-despite-good-sales.htm</link> 
  <pubDate>Mon, 14 Jul 2008 11:59:44 EDT</pubDate>
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  <title>Philips profits down despite good sales</title>
  <description>Royal Philips Electronics NV said Monday its second quarter profits fell by more than half, despite resilient sales in a battered global economy. The world's largest maker of lighting said its net income was euro720 million (US$1.14 billion), down from euro1.57 billion in the same quarter last year.</description>
    <link>http://www.ibtimes.com/articles/20080714/philips-profits-down-despite-good-sales.htm</link> 
  <pubDate>Mon, 14 Jul 2008 04:48:46 EDT</pubDate>
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  <title>LG Electronics swings to profit on record mobile phone sales</title>
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LG Electronics said Wednesday it turned a net profit in the first quarter after a loss the year before, boosted by record mobile phone sales, strong performance overseas and gains from its investment...</description>
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  <url>http://www.ibtimes.com/data/articleimgs/40206-south-korea-lg-electronics.jpg</url>
  <link>http://www.ibtimes.com/articles/20080416/lg-electronics-swings-to-profit-on-record-mobile-phone-sales.htm</link>
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    <link>http://www.ibtimes.com/articles/20080416/lg-electronics-swings-to-profit-on-record-mobile-phone-sales.htm</link> 
  <pubDate>Wed, 16 Apr 2008 10:04:11 EDT</pubDate>
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  <title>Slumping TV Sales Damp Philips 1Q Profit</title>
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The television age appears to be fading for Philips, the Dutch company that carries a global reputation for its home electronics: Philips&amp;#39; first-quarter profit fell 75 percent.

Sagging TV sales, es...</description>
    <link>http://www.ibtimes.com/articles/20080414/slumping-tv-sales-damp-philips-1q-profit.htm</link> 
  <pubDate>Mon, 14 Apr 2008 21:11:12 EDT</pubDate>
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  <title>Stocks End Lower Amid Earnings Concerns</title>
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Stocks finished a quiet session moderately lower Monday as investors grappled with concerns about the health of corporate profits after Wachovia Corp. posted disappointing quarterly results.

Investo...</description>
    <link>http://www.ibtimes.com/articles/20080414/stocks-end-lower-amid-earnings-concerns.htm</link> 
  <pubDate>Mon, 14 Apr 2008 16:57:25 EDT</pubDate>
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  <title>Closing Glance: Telecom Equipment Mixed</title>
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Shares of telecommunications equipment makers closed mixed on a quiet trading day Monday as the broader market fluctuated in a narrow range, before ended slightly down. Disappointing results from Wac...</description>
    <link>http://www.ibtimes.com/articles/20080414/closing-glance-telecom-equipment-mixed.htm</link> 
  <pubDate>Mon, 14 Apr 2008 16:38:55 EDT</pubDate>
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  <title>Stocks Close Down Amid Earnings Concerns</title>
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Stocks have ended a quiet session moderately lower after investors spent the day grappling with concerns about the health of corporate profits.

U.S. bank Wachovia Corp. and Dutch conglomerate Royal ...</description>
    <link>http://www.ibtimes.com/articles/20080414/stocks-close-down-amid-earnings-concerns.htm</link> 
  <pubDate>Mon, 14 Apr 2008 16:07:09 EDT</pubDate>
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  <title>Closing Glance: Household Durables</title>
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Household durables stocks were mixed Monday after a government report showed retail sales barely rose in March, as the credit crisis and rising prices helped to keep many consumers&amp;#39; wallets closed. ...</description>
    <link>http://www.ibtimes.com/articles/20080414/closing-glance-household-durables.htm</link> 
  <pubDate>Mon, 14 Apr 2008 16:08:50 EDT</pubDate>
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  <title>Have Philips TVs Jumped the Shark?</title>
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The television age appears to have faded somewhat for Philips, the Dutch company that carries a global reputation for its home electronics.

Sagging TV sales, especially in the United States, dragged...</description>
    <link>http://www.ibtimes.com/articles/20080414/have-philips-tvs-jumped-the-shark.htm</link> 
  <pubDate>Mon, 14 Apr 2008 14:31:37 EDT</pubDate>
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  <title>Stocks Fluctuate Amid Earnings Concerns</title>
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Stocks fluctuated Monday as investors grappled with concerns about the health of corporate profits after U.S. bank Wachovia Corp. and Dutch conglomerate Royal Philips Electronics NV posted disappoint...</description>
    <link>http://www.ibtimes.com/articles/20080414/stocks-fluctuate-amid-earnings-concerns.htm</link> 
  <pubDate>Mon, 14 Apr 2008 13:42:17 EDT</pubDate>
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  <title>Stocks Fluctuate Amid Earnings Worries</title>
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Stocks fluctuated Monday as investors grappled with concerns about the health of corporate profits after U.S. bank Wachovia Corp. and Dutch conglomerate Royal Philips Electronics NV posted disappoint...</description>
    <link>http://www.ibtimes.com/articles/20080414/stocks-fluctuate-amid-earnings-worries.htm</link> 
  <pubDate>Mon, 14 Apr 2008 12:09:44 EDT</pubDate>
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  <title>Opening Glance: Utilities Open Mixed</title>
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Shares of utility companies opened mixed Monday as investors assessed disappointing earnings results from U.S. bank Wachovia Corp. and Dutch conglomerate Royal Philips Electronics NV.

Here is how so...</description>
    <link>http://www.ibtimes.com/articles/20080414/opening-glance-utilities-open-mixed.htm</link> 
  <pubDate>Mon, 14 Apr 2008 10:06:02 EDT</pubDate>
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  <title>Stocks Move Little Amid Earnings Worries</title>
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Stocks were little changed Monday as investors grappled with concerns about companies&amp;#39; earnings power after the U.S. bank Wachovia Corp. and the Dutch conglomerate Royal Philips Electronics NV poste...</description>
    <link>http://www.ibtimes.com/articles/20080414/stocks-move-little-amid-earnings-worries.htm</link> 
  <pubDate>Mon, 14 Apr 2008 09:45:08 EDT</pubDate>
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  <title>Stock Futures Down Amid Earnings Worries</title>
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Wall Street was poised to open lower Monday as investors grew more concerned about companies&amp;#39; earnings power after the U.S. bank Wachovia Corp. and the Dutch conglomerate Royal Philips Electronics N...</description>
    <link>http://www.ibtimes.com/articles/20080414/stock-futures-down-amid-earnings-worries.htm</link> 
  <pubDate>Mon, 14 Apr 2008 06:55:37 EDT</pubDate>
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