Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK,PHG) reported Monday that its first-quarter net loss was 665 million euros, wider than last year's loss of 151 million euros. Loss per share was 0.75 euro, compared to loss of 0.17 euro a year ago.
The latest results included 575 million euros litigation provision related to the anticipated resolution of the Respironics recall-related economic loss class action in the US.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.