Daily Business News
Monday, October 16, 2006
  Philips misses forecast despite massive chip gain (Reuters)

President and Chief Executive of Dutch group Philips Electronics Gerard Kleisterlee speaks during a news conference in the southern Indian city of Bangalore November 14 2005. Dutch Philips Electronics missed analysts' forecasts on Monday with a fall in third-quarter core profit depressed in part by disappointing LCD displays sales but said core operations had performed well. (Jagadeesh Nv/Reuters)Reuters - Dutch Philips Electronics missed analysts' forecasts on Monday with a fall in third-quarter core profit depressed by disappointing LCD display sales and asbestos charges hurting its shares.


  2:09 AM
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