Philips Electronics Posts Weak Net Earnings; Corning to Lag (GLW)
For the most part, Asian and European markets are markedly higher this morning. Shanghai index was up 3.5% and the Hang Seng surged over 10%. Again, these gains are all relative, and coming off much smaller bases.
Philips NV however reported a sharp miss in revenues for the 3rd quarter, noting weakness in TV sales. This [...]
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