Philips N.V. (PHG) Reports Q3 EPS of EUR0.34
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Philips $3.3-billion sale of Lumileds to Go Scale in doubt
October 26, 2015 2:31 AM EDTAMSTERDAM (Reuters) - Philips (NYSE: PHG) said on Monday the sale of its $3.3-billion Lumileds business to Go Scale Capital was uncertain, due to U.S. government concerns.
Philips had announced in March an agreement to sell a stake of 80.1 percent in... More
Equity markets ease after four-week rally; Fed meeting eyed
October 25, 2015 8:49 PM EDTBy Chuck Mikolajczak
NEW YORK (Reuters) - Global equity markets slipped on Monday, pausing after a four-week rally ahead of policy announcements from central banks in the United States and Japan later in the week, while the dollar weakened in the wake of soft U.S. housing data.
Stock markets rallied last week on the potential that Japan's already-massive stimulus would be further increased after China cut interest rates last week and the European Central Bank indicated it may add to its asset purchase program in December.
But comments Monday by a key economic adviser to... More
