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Koninklijke Philips N.V. - PHG STOCK NEWS

Welcome to our dedicated news page for Koninklijke Philips N.V. (Ticker: PHG), a resource for investors and traders seeking the latest updates and insights on Koninklijke Philips N.V..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Koninklijke Philips N.V.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Koninklijke Philips N.V.'s position in the market.

News
NYU Langone Health to adopt new Philips health technology solutions in multi-year partnership directed at patient safety, quality and outcomes
Rhea-AI Summary
Royal Philips (NYSE: PHG, AEX: PHIA) and NYU Langone Health announced an 8-year strategic partnership valued at up to USD 115 million. The partnership aims to enhance patient care through innovation, enabling clinicians to collaborate in real-time and support diagnostic confidence. NYU Langone's focus on data access includes adopting Philips' IntelliSite Pathology solution, enterprise informatics, and AI-enabled diagnostic imaging technologies. The partnership also involves the development of new research programs focused on the future of digital pathology, patient monitoring, ultrasound, and MRI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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partnership
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News
Philips program developing AI-powered ultrasound to expand access to maternal health receives major funding boost
Rhea-AI Summary
Royal Philips receives a $60 million investment from the Bill & Melinda Gates Foundation to accelerate global adoption of AI algorithms on Philips Lumify Handheld Ultrasound. The innovation aims to address the worldwide shortage of healthcare workers by simplifying key measurements and expanding the pool of frontline health workers who can learn to use the technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
AI
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News
Philips and County Durham and Darlington NHS Foundation Trust collaborate on a sustainability blueprint to reduce carbon emissions and waste
Rhea-AI Summary
Royal Philips and County Durham and Darlington NHS Foundation Trust have announced the results of a sustainability analysis in the intensive care unit (ICU) at Darlington Memorial Hospital. The program identified opportunities to reduce carbon footprint and waste material. The collaboration showcases the potential for health systems to embed sustainability in their operations. Key areas for enhancing sustainable care include optimizing ICU capacity, reducing supply chain waste, cultivating a sustainable staff culture, efficient management of medical technology, and strategically refurbishing existing buildings. Philips has operated globally carbon-neutral since 2020.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
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none
News
Philips Foundation marks five years of improving access to maternal care in Sub-Saharan Africa and sets out future plans
Rhea-AI Summary
Philips Foundation reports significant progress in improving access to maternal healthcare in Sub-Saharan Africa, reaching 15 million people in 2022 alone. The foundation plans to ramp up collaboration with social entrepreneurs in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
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none
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News
iFR and FFR are equally safe to diagnose and treat heart disease according to largest-ever analysis of new real-world, long-term data
Rhea-AI Summary
Philips demonstrates the safety of its iFR technology in guiding percutaneous coronary intervention (PCI) for heart disease. A patient-level outcomes analysis of 42,000 patients showed no difference in major adverse cardiac events (MACE) between iFR and fractional flow reserve (FFR). iFR offers consistent outcomes, reduces costs, and provides a better patient experience. Patient discomfort can be reduced by 95.7% with iFR compared to FFR. iFR has a Class IA recommendation by major cardiology societies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Philips delivers strong sales growth, profitability and cash flow; raises full-year outlook
Rhea-AI Summary
Royal Philips reports an 11% increase in group sales in the third quarter of 2023, with income from operations at EUR 224 million. The company's adjusted EBITA also increased to EUR 457 million, and operating cash flow improved to EUR 489 million. The outlook for full-year 2023 has been raised to 6-7% comparable sales growth and an adjusted EBITA margin of 10-11%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
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none
News
Philips ranks #1 in ‘Health Care Equipment & Services’ sector on Forbes’ 2023 ‘World’s Best Employers’ List
Rhea-AI Summary
Royal Philips named one of Forbes' World's Best Employers in the Health Care Equipment & Services category
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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none
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News
Philips supports Tampere Heart Hospital in Finland to decarbonize its clinical operations
Rhea-AI Summary
Royal Philips announces completion of sustainability analysis and joint action plan with Tampere Heart Hospital
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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none
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News
Philips Visual Patient Avatar pioneers at-a-glance patient data for faster, better decision-making in the operating room
Rhea-AI Summary
Royal Philips launches Visual Patient Avatar, a new monitoring solution for operating rooms
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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none
News
Philips and World Stroke Organization partner to improve access to high-quality stroke care
Rhea-AI Summary
Philips and World Stroke Organization announce two-year partnership to improve access to high-quality stroke care
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
partnership
Stock PHG logo
Koninklijke Philips N.V.

NYSE:PHG

PHG Rankings

#534 Ranked by Market Cap
#440 Ranked by Stock Gains
N/A Ranked by Dividends

PHG Stock Data

18.65B
766.48M
7.75%
0.22%
Irradiation Apparatus Manufacturing
Manufacturing
Link
Netherlands
Amsterdam

About PHG

Koninklijke Philips N.V., commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven.