Dutch electronics giant Philips set a price of 20 euros per share Thursday, a day ahead of a highly anticipated IPO of its lighting arm, and said it was expecting to raise 750 million euros.
Business
May 26, 2016
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Dutch electronics giant Philips announced Monday it will float 25 percent of its shares in a highly anticipated IPO of its lighting arm which could raise almost one billion euros.
Business
May 16, 2016
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Dutch electronics giant Philips announced Tuesday it was floating its lighting arm on the stock market in a "historic" initial public offering, after failing for over 18 months to find a buyer.
Business
May 3, 2016
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Electronics giant Philips on Monday posted a 63-percent slump in first quarter profits for 2016, blaming the fall on a high tax bill incurred for a major company restructuring.
Business
Apr 25, 2016
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Shares in Square leapt Friday after financial giant Visa revealed details of its stake in the mobile payments group led by Twitter co-founder Jack Dorsey.
Business
Feb 12, 2016
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Sweden's world number one music streaming provider Spotify is on the point of raising $500 million in investor notes in order to underpin projected future growth, the Svenska Dagbladet daily reported Wednesday.
Internet
Jan 27, 2016
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France-based music streaming service Deezer says it has raised 100 million euros ($109 million) from its two largest shareholders to fuel its expansion after abandoning plans for an initial public offering of stock last year.
Business
Jan 20, 2016
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A US judge has cleared a class-action suit against Facebook from investors claiming the social network failed to fully disclose its risks at the time of its 2012 share offering.
Business
Dec 30, 2015
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Shares of Fitbit Inc. climbed after the fitness-tracking device-maker saw its first sign of strong Christmas sales.
Business
Dec 29, 2015
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Among the best-known names on the Internet, Yahoo was one of the first companies that enabled users to find their way online, but it has lost its role as a leader.
Internet
Dec 10, 2015
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