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Philips Halts Buyback, Slashes 6000 Jobs After Loss – Bloomberg


Sky News

Philips Halts Buyback, Slashes 6000 Jobs After Loss
Bloomberg –5 hours ago
26 (Bloomberg) — Royal Philips Electronics NV, Europe’s largest maker of televisions, will cut 6000 jobs and stop buying back shares after reporting its
Philips posts 1st quarterly loss in nearly 6 yearsInternational Herald Tribune
Philips posts 4th-quarter loss of euro1.47 billionBay News 9
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