Philips net income fell 28% in quarter

Article Abstract:

Philips Electronics NV's share value fell by 7.6% following the company's announcement that it posted a 28% drop in its net income for the 1999 second-quarter. Philips' continuing operations net income dropped to 274 million euros for the quarter. During the same period in 1998, the company posted 381 million euros. The net income figure includes up to 74 million euros for research and development write-offs linked to two acquisitions.

Comment:

Posts 28% drop in net income for 1999 second-quarter

Consumer Electronics, Audio and Video Equipment Manufacturing

Philips posts big loss on investment charges

Article Abstract:

Philips Electronics N.V. posted a record financial loss for the 2002 year. The company posted 3.21 billion euros in losses for the year, due to investment charges.

PHG

Aegon's quarterly profit slid 36%

Article Abstract:

Aegon N.V. posted a decline of 36% in its 2003 first quarter profits. The insurance firm posted 393 million euros in quarterly net profits.

Insurance industry, AEGON N.V.