European equities closed the session in positive territory after consumer data and earnings in the U.S. helped to boost sentiment in afternoon trade.» Read More
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The major European stock markets closed lower Monday, as investors prepared for a week packed with important global earnings reports, but energy stocks surged as the price of oil hit a new record high.
Philips Electronics sold a partial but significant stake in LG.Philips LCD for $2.18 billion, at the bottom of an indicated pricing range, a source familiar with the deal said on Thursday.
Apple, Terex, IGT, Qlogic and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Don’t let the rising rates and talk of socialist welfare states fool you – Europe is where it’s at. So all week Cramer's covering the best companies on the Continent.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Royal Philips Electronics, a maker of medical and lighting equipment, said Monday net profit for the second quarter Monday rose due to a large gain on the sale of a stake in Taiwan Semiconductor Manufacturing Company.
Royal Philips Electronics is in talks to sell its 33% stake in flat panel display maker LG.Philips LCD, which may bring in $5 billion (3.7 billion euros).
Dutch electronics firm Philips has raised $2.6 billion by selling a 4.6% stake in TSMC as part of its plans to exit the world's top contract chip maker, a market source said on Friday.
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Dutch company Philips Electronics beat analysts' forecasts on Monday with a first-quarter operating profit that was depressed by overcapacity in flat LCD displays, and said little would change in the global consumer electronics marketplace.
Time Warner reached a deal Monday to sell the Atlanta Braves to Liberty Media Corp., according to the Wall Street Journal. Because there is so much thrown in, it's hard to see exactly how much the Braves were valued at, but I'd say it's already too much. Public companies have no business owning sports teams. They, for the most part, don't make rational sense...
Dutch group Philips Electronics beat analysts forecasts on Monday with a fourth-quarter net profit that was powered by one-off gains, and raised its 2006 dividend by 36% to 0.60 euros per share.
A couple weeks ago, Nike sponsored the entire 6pm SportsCenter to promote the Air Zoom LeBron IV. Then, soon after, Philips Electronics paid a reported $2.5 million to buy out the entire 33-minute ad block in the Oklahoma State-Texas game on TBS.