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Philips sees tough European, U.S. healthcare markets

Started by riky, April 23, 2013, 09:00:25 AM

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riky

Philips sees tough European, U.S. healthcare markets

<p><a href="http://news.yahoo.com/philips-sees-tough-european-u-healthcare-markets-110125337--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/AyDKO55cTDZMc3E0VgpEtA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-22T134708Z_1_CBRE93L0UMQ00_RTROPTP_2_PHILIPS-RESTRUCTURING.JPG" width="130" height="86" alt="The logo of Philips is seen at the company's entrance in Brussels" align="left" title="The logo of Philips is seen at the company's entrance in Brussels" border="0" /></a>By Sara Webb AMSTERDAM (Reuters) - Philips forecast a slow first half of the year due to the weak European economy and a tough outlook for healthcare spending in the United States, sending its shares to a four-month low. The Dutch electronics company reported higher-than-expected quarterly earnings, but weak sales underscored the challenges it faces as it restructures to cope with stagnant economic growth, fragile consumer spending and government budget cuts in several markets. ...</p><br clear="all"/>

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