Philips prepares to offer Eurobond valued at 2 billion euros

Article Abstract:

Philips Electronics NV is preparing to issue a two-tranche Eurobond offering during the week of July 24, 2001. The offering is valued at 2 billion euros.

Consumer Electronics, Audio and Video Equipment Manufacturing, PHD

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Philips sets $752.1 million charge to write down MedQuist stake

Article Abstract:

Koninklijke Philips Electronics N.V. is to write down the value of its stake (70.9%) in United States MedQuist Inc., a medical transcriptionist service.

United States, Financial management, Parent-to-subsidiary activities, Medical Records Services, All Other Business Support Services, Subsidiary-to-parent activities, Capital funds & cash flow, Finance, Valuation, Company financing, Subsidiaries, divisions and units

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Philips's profit skids 79%, sending share price down

Article Abstract:

Koninklijke Philps Electronics N.V. of the Netherlands has reported a 79 percent decline in first quarter profits falling to 117 million Euro. Semiconductor and flat-panel screen sales are down in the first quarter with total sales at 6.64 billion Euro and shares fell three percent to 19.41 Euro on the Amsterdam stock exchange yesterday.

Sales, profits & dividends, Commodity & service prices, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Prices and rates, Reports, Securities industry, Company sales and earnings, Company earnings/profit, Company Profile, Company pricing policy

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