Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty ...
Dutch manufacturer Philips has agreed to pay $1.1 billion to settle lawsuits regarding some models of its devices to treat ...
All three models boast "double-layer stainless steel blades imported from Sweden" for a clean, comfortable shave.
Royal Philips NV shares soared by a record after a lower-than-expected settlement on US claims linked to faulty sleep apnea ...
During its first-quarter earnings report this week, Philips, the health technology company, announced it agreed to pay $1.1 ...
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits ...
Philips, which has had to cut thousands of jobs, posted losses of 463 million euros ($501 million) over the full year in 2023. It reported a loss on Monday of 824 million euros in the first ...
Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.
After a 2023 inspection, the FDA found three unreported field corrections related to CT machines and 19 other recalls of radiology devices.
Philips said about 58,000 people have already ... 3M Stock Is Higher Despite Its Dividend Cut. Here's Why 3M is snapping its decades-long streak of dividend hikes, yet it's the best Dow Jones ...