Philips Rises, Revenue Beat
Apr 24, 2023 ·
8m 51s
Philips (PHG) stock https://seekingalpha.com/news/3958913-philips-stock-rises-10-as-q1-earnings-grow-575m-provision-for-recall-suit, €575M provision for recall suit (00:40). Outflows at Credit Suisse (CS) reached https://seekingalpha.com/news/3958907-outflows-at-credit-suisse-reached-69b-in-q1-and-are-still-going and are still going (01:56). Silver Lake to launch https://seekingalpha.com/news/3958892-silver-lake-to-launch-242b-public-takeover-offer-for-software-ag-backed-by-software-ag-foundation for Software AG...
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Philips (PHG) stock rises ~10% as Q1 earnings grow, €575M provision for recall suit (00:40). Outflows at Credit Suisse (CS) reached $69B in Q1 and are still going (01:56). Silver Lake to launch $2.42B public takeover offer for Software AG (STWRY) backed by Software AG Foundation (07:20).
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Our links:
Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.
Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.
Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.
Wall Street Breakfast on Twitter
Show links:
Philips: A Massive Upside, I Say 'Buy'
Johnson & Johnson to launch IPO roadshow for consumer health unit – WSJ
Bed Bath & Beyond files for Chapter 11 bankruptcy (update)
Catalyst watch: Earnings blitz, Mobileye lockup expiration and the new one-day VIX debut
NBCUniversal CEO Jeff Shell leaves company after 'inappropriate relationship'
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