Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK,PHG) reported Monday that its third-quarter net loss was 1.33 billion euros, compared to last year's profit of 2.98 billion euros. Loss per share was 1.50 euros, compared to profit of 3.24 euros a year ago. Adjusted income per share from continuing operations was 0.25 euro, compared to 0.40 euro a year ago.Sales grew 4 percent to 4...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.