Tuesday 31 January 2012

Philips swings to loss as Europe's economy falters

AMSTERDAM (Reuters) - Philips swung to a fourth-quarter net loss as government cuts ate into its healthcare equipment business and a slowdown in European construction activity and consumer spending hit its lighting operations.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1c3de559/l/0L0Sreuters0N0Carticle0C20A120C0A10C30A0Cus0Ephilips0EidUSTRE80AT0A8K20A120A130A0DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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