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Koninklijke Philips Electronics NV

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  • EU shares close lower, investors cautious on Fed Tuesday, 17 Sep 2013 | 11:32 AM ET

    European shares trimmed losses to close lower on Tuesday, but investors remained cautious about the Federal Reserve's two-day policy meeting.

  • Frans van Houten, CEO of Philips, stresses the lower prospect for growth short-term due to concerns about the global economy and discusses the group's capital allocation policy.

  • Philips raises earnings targets, buys back shares Tuesday, 17 Sep 2013 | 2:24 AM ET

    Global economic difficulties will persist and could affect Dutch electronics giant Philips, the group's CEO told CNBC Tuesday after raising its financial targets and announcing a share buyback.

  • You're fired! Siemens replaces Loescher as CEO Wednesday, 31 Jul 2013 | 5:42 AM ET

    The supervisory board of Siemens confirmed the resignation of Chief Executive Peter Loescher on Wednesday and appointed Joe Kaeser, the company's Chief Financial Officer as the new CEO.

  • Philips CEO: We are Stepping Up Research     Thursday, 20 Jun 2013 | 2:30 AM ET

    Frans Van Houton, CEO of Royal Philips, tells CNBC that he is focused on innovation, entrepreneurism and going for growth in the growth markets.

  • Committed to Mid-Term Targets: Philips CEO     Monday, 22 Apr 2013 | 1:15 AM ET

    Frans Van Houten, CEO of Royal Philips Electronics, tells CNBC that the start of the year was as soft as they expected with particular weakness in Europe and the US.

  • A Make-or-Break Week Ahead for the Stock Market Saturday, 20 Apr 2013 | 12:30 AM ET

    It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.

  • Futures Lose Gains on GDP Surprise Wednesday, 30 Jan 2013 | 7:36 AM ET

    U.S. stock index futures pointed to a slightly higher open on Wednesday, with eyes on the Federal Reserve’s first policy statement of 2013.

  • Miners Propel European Shares to Fresh 2-Year High Tuesday, 29 Jan 2013 | 9:23 AM ET

    European equities scaled fresh two-year highs on Tuesday, boosted by miners, as optimism about economic recovery gained momentum following encouraging U.S. home price data and comments over growth in top metals consumer China.

  • Philips Quits Home Entertainment, Q4 Results in Line Tuesday, 29 Jan 2013 | 3:19 AM ET

    Philips Electronics said it agreed to sell its audio and video business to Japan's Funai Electric Co for 150 million euros ($202 million) to focus on the more profitable areas of home appliances, healthcare and lighting.

  • Frans van Houten, CEO of Philips, tells CNBC about a deal announced with Funai which will reposition the Philips portfolio away from consumer electronics to be a company positioned in health and wellbeing.

  • FRANKFURT, Oct 11- Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.

  • FRANKFURT, Oct 11- Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.

  • Philips Logo

    Consumer electronics giant Philips announced forecast beating profits Monday, indicating that CEO Frans van Houten’s turnaround plan is beginning to pay off despite difficult market conditions.

  • Interactive Technology Soothes Kids in Emergency Rooms Tuesday, 13 Mar 2012 | 10:51 AM ET

    The hospital’s pediatric emergency unit was the first in the U.S. to feature private rooms equipped with interactive, customizable ambient lighting design by Koninklijke Philips Electronics NV spacer.

  • Extreme Kitchens Friday, 2 Mar 2012 | 3:53 PM ET
    To hear them tell it in home renovation programs and publications, every kitchen should look like it’s starring in a cooking show or else be dismissed as sub-par—even when the existing older components are still perfectly functional. The critics are harsh. There is no room for an avocado laminate countertop.  This kitchen-shaming has proven most beneficial to contractors, to makers of granite and marble countertops, and to manufacturers of stainless steel appliances. And yet, as much as the tast

    With all the kitchen trends now, some homeowners and designers flout the conventions, go with personal taste and choose a look that no one else has. Here are 10 examples.

  • Global Stocks Up on China, France, Alcoa Tuesday, 10 Jan 2012 | 9:40 AM ET

    But it isn't all rosy: just look at Philips Electronics, which was down 4 percent...

  • Don’t Let Greece Distract You from This Tuesday, 28 Jun 2011 | 1:52 PM ET

    The Fast traders are concerned that headlines about Greece have eclipsed sobering commentary from Siemens, widely considered a bellwether for Germany’s economy.

  • Stocks End Lower as Fed Offers No QE3 Signal Wednesday, 22 Jun 2011 | 4:20 PM ET

    Stocks fell in the final hour of trading to close lower Wednesday after Fed chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected, but offered no hint about plans for new stimulus measures.

  • Stocks Slip After Fed Offers No Hint on QE3 Wednesday, 22 Jun 2011 | 3:17 PM ET

    Stocks slipped slightly after Federal Reserve chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected, but gave no further clue for new stimulus plans.

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