Philips (PHG) Agrees to a Consent Decree With DOJ and FDA [Yahoo! Finance]
Koninklijke Philips N.V. NY Registry Shares (PHG)
US:NYSE Investor Relations:
philips.com/a-w/about/investor.html
Company Research
Source: Yahoo! Finance
The consent decree primarily focuses on Philips Respironics' business operations in the United States. It offers clarity and a defined roadmap to demonstrate compliance with regulatory requirements and restore the Philips Respironics business. Price Performance Over the past six months, PHG's shares have gained 7.3% compared with the industry's rise of 16.1%. The S&P 500 increased 17% in the same time frame. Image Source: Zacks Investment Research More on the News In the middle of 2021, Philips started addressing issues with their continuous positive airway pressure (CPAP) equipment in its Respironics division. Recurring issues with sleep apnea gadgets cost the corporation a large portion of its market share. Over 5 million Philips devices were recalled in April 2021 because of the sound abatement foam's hazardous deterioration. More than 100,000 reports of issues pertaining to the recall were received by the FDA. Philips started discussions with the DOJ in July 2022 over
Show less
Read more
Impact Snapshot
Event Time:
PHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PHG alerts
High impacting Koninklijke Philips N.V. NY Registry Shares news events
Weekly update
A roundup of the hottest topics
PHG
News
- Philips pays $1.1B to settle sleep apnea device suits [FOX Business Network]FOX Business Network
- Philips delivers first-quarter results in line with 2024 performance improvement plan; Resolves the Respironics personal injury and medical monitoring litigation in the US for USD 1.1 billionGlobeNewswire
- Philips (PHG) Receives FDA Warning Letter Regarding CT Systems [Yahoo! Finance]Yahoo! Finance
- Global Breastfeeding Accessories Market Report 2024-2030, Featuring Profiles of Medela, Ameda, Willow Innovations, Chiaro Technology, Pigeon, Spectra Baby, Lavie Mom, Motif Medical and Mayborn [Yahoo! Finance]Yahoo! Finance
- Global Radiology Information System Industry Research 2024-2032 Featuring Koninklijke Philips, Siemens Healthcare, Oracle, McKesson, GE HealthCare, Fujifilm, Shimadzu, Hologic, Sectra [Yahoo! Finance]Yahoo! Finance
PHG
Earnings
- 1/29/24 - In-Line
PHG
Analyst Actions
- 2/7/24 - BNP Paribas
PHG
Sec Filings
- 4/29/24 - Form 6-K
- 3/22/24 - Form 6-K
- 2/28/24 - Form 6-K
- PHG's page on the SEC website