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Wire

Royal Philips Q2 Income From Continuing Operations, Sales Rise

Royal Philips (PHG) reported Q2 income from continuing operations Monday of 609 million euros ($692.4 million), up from 400 million euros a year earlier.Sales for the quarter ended June 30 were 4.4 billion euros, compared with 4.3 billion euros a year earlier.Analysts polled by FactSet expected 4.31 billion euros.For 2026, the company continues to expect comparable sales growth of 3% to 4.5%.The company now expects an adjusted EBITDA margin of 13.5% to 14.0%, up from 12.5% to 13.0% previously, and free cash flow of 1.5 billion euros to 1.7 billion euros, up from its prior range of 1.3 billion euros to 1.5 billion euros.Shares of Royal Philips were down 4.4% in Monday afternoon trading.Price: $25.21, Change: $-0.96, Percent Change: -3.67%

$PHG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

European equities traded in the US as American depositary receipts were climbing sharply higher late Tuesday morning, rising 1.57% to 1,909.91 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and biopharmaceutical company argenx (ARGX), which rose 5.5% and 2.3% respectively. They were followed by lender Banco Bilbao Vizcaya Argentaria (BBVA)and oil and gas company Eni (E), which were up 2.2% and 0.9% respectively.The decliners from continental Europe were led by software firm SAP (SAP) and consumer goods company Unilever (UL), which fell 1.7% and 1.3% respectively. They were followed by healthcare tech company Royal Philips (PHG) and 3D printer company Materialise (MTLS), which were down 1% and 0.8%. respectivelyThe gainers from the UK were led by mining company BHP Group (BHP) and lender Lloyds Banking Group (LYG), which advanced 2.7% and 2.1%, respectively. They were followed by lender Barclays (BCS) and biotech firm Autolus Therapeutics (AUTL), which gained 2% and 0.9%, respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX) and communications company WPP (WPP), which lost 6.3% and 4.3% respectively. They were followed by telecommunications operator Vodafone Group (VOD) and tobacco company British American Tobacco (BTI), which dropped 1.2% and 1% respectively.

$AKTX$ARGX$AUTL$BBVA$BCS$BHP$BTI$E$LYG$MTLS$NOK$PHG$SAP$UL$VOD$WPP
Asia Markets

European Equities Traded in the US as American Depositary Receipts Advance Wednesday

European equities traded in the US as American depositary receipts were rising on Wednesday morning, increasing 0.7% to 1,905.92 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by budget airline Ryanair (RYAAY) and health technology company Philips (PHG), which rose 3.9% and 3.8% respectively. They were followed by pharmaceutical giant Novo Nordisk (NVO) and healthcare firm Grifols (GRFS), which added 2.9% and 2.4%.The decliners from continental Europe were led by technology company Nokia (NOK) and bank BBVA (BBVA), which fell 4.7% and 1.1% respectively.From the UK and Ireland, the gainers were led by medical laboratory company Trinity Biotech (TRIB) and advertising and PR agency WPP (WPP), which rose 5.9% and 3.1% respectively. They were followed by hospitality group InterContinental Hotels (IHG), which added 1.1%.The decliners from the UK and Ireland were led by telecom giant Vodafone (VOD), which shed 2.5%, and mining company Rio Tinto (RIO), which decreased 0.6%.

$BBVA$GRFS$IHG$NOK$NVO$PHG$RIO$RYAAY$TRIB$VOD$WPP
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise Tuesday

European equities traded in the US as American depositary receipts were rising on Tuesday morning, adding 0.4% to 1,898.84 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by bank UBS (UBS) and semiconductor company Sequans (SQNS), which rose 4.3% and 4% respectively.They were followed by semiconductor company ASML (ASML), which added 2.4%.The decliners from continental Europe were led by technology company Ericsson (ERIC) and health technology company Philips (PHG), which fell 12% and 2.4% respectively.They were followed by software company SAP (SAP), which shed 2.3%, and pharmaceutical company Sanofi (SNY), which was down 1.8%.From the UK and Ireland, the gainers were led by banks Barclays (BCS) and HSBC (HSBC), which rose 2.2% and 2.2% respectively.The decliners from the UK and Ireland were led by hospitality company InterContinental Hotels Group (IHG) and beverage giant Diageo (DEO), which lost 2.6% and 2% respectively.

$ASML$BCS$DEO$ERIC$HSBC$IHG$PHG$SAP$SNY$SQNS$UBS
Asia Markets

European Equities Traded in US as ADRs Rise in Thursday Trading

European equities traded in the US as American depositary receipts rose late Thursday morning with the S&P Europe Select ADR Index gaining 1.3% to 1,893.21.From continental Europe, the gainers were led by biopharmaceutical companies argenx (ARGX) and DBV Technologies (DBVT), which rose 4.2% and 3.5%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and health tech company Royal Philips (PHG), which were up 3.2% and 2.7%, respectively.The decliners from continental Europe were led by internet advertising firm Criteo (CRTO) and medical device maker EDAP TMS (FOCL), which dropped 2.7% and 2.6%, respectively. They were followed by biotech firm Evaxion (EVAX) and oil and gas company Eni (E), which were down 2.4% and 1.7%, respectively.The gainers from the UK were led by pharmaceutical company Silence Therapeutics (SLN) and lender Lloyds Banking Group (LYG), which advanced 8.8% and 2.8%, respectively. They were followed by lender Barclays (BCS) and insurance company Prudential (PUK), which increased 2.6% and 2.5%, respectively.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and software company Endava (DAVA), which fell 3.5% and 3%, respectively. They were followed by oil and gas company Shell (SHEL), which was off 0.4%.

$ARGX$BCS$CLLS$CRTO$DAVA$DBVT$E$EVAX$FOCL$LYG$PHG$PUK$SHEL$SLN$TRIB
Asia Markets

European Equities Traded in the US as American Depositary Receipts Track Higher in Tuesday Trading

European equities traded in the US as American depositary receipts were trending higher late Tuesday morning, rising 0.80% to 1,882.97 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by biopharmaceutical company Cellectis (CLLS) and semiconductor company Sequans Communications (SQNS), which rose 3.8% and 3.7% respectively. They were followed by healthcare tech company Royal Philips (PHG) and biopharmaceutical company Grifols (GRFS), which were up 2.9% and 2.5% respectively.The decliners from continental Europe were led by telecommunications company Ericsson (ERIC) and petroleum refiner Equinor (EQNR), which dropped 5% and 2.6% respectively. They were followed by telecommunications company Nokia (NOK) and SAP (SAP), which lost 1.5% and 1% respectively.The gainers from the UK were led by communications company WPP (WPP) and biopharmaceutical company Amarin (AMRN), which advanced 7.9% and 5.6% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Akari Therapeutics (AKTX), which increased 5.1% and 2.7% respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and oil and gas company BP (BP), which fell 2.2% and 1.8% respectively. They were followed by oil and gas company Shell (SHEL) and lender HSBC (HSBC), which were down 1.3% and 1.1% respectively.

$AKTX$AMRN$BDRX$BP$CLLS$EQNR$ERIC$GRFS$HSBC$NOK$PHG$SAP$SHEL$SLN$SQNS$WPP
Sectors

Sector Update: Healthcare Stocks Rise Premarket Thursday

Healthcare stocks were rising premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1.5% higher and the iShares Biotechnology ETF (IBB) advancing by 0.6%.Biogen (BIIB) shares were up more than 1% after the company said the US Food and Drug Administration has granted breakthrough therapy designation for Salanersen to treat spinal muscular atrophy, a rare, genetic and neuromuscular disease.Royal Philips (PHG) and WellSpan Health said they have entered into a seven-year partnership focused on research, innovation, and the deployment of advanced imaging and diagnostic technologies across WellSpan's network. Shares of Royal Philips were up more than 1% pre-bell.Amneal Pharmaceuticals (AMRX) stock was 1% higher after the company said has received the US Food and Drug Administration's approval for its romidepsin injection solution.

$AMRX$BIIB$IBB$PHG$XLV
Wire

Royal Philips, Disney Bring Animated Themes to MRI Systems for Children

Royal Philips (PHG) and Walt Disney (DIS) said Thursday said Thursday they are integrating Disney animated characters and stories into Philips Ambient Experience for MRI systems at medical facilities in 87 countries to help ease anxiety among children undergoing imaging procedures.The immersive MRI environment is designed to make scans more comforting and engaging for pediatric patients, potentially helping more children complete exams successfully, the companies said.Early adopters include pilot hospitals across Europe, as well as Rady Children's Health in Orange County, California, and Calderdale Royal Hospital in the UK, which the companies said have reported positive feedback from patients and staff.Price: $26.13, Change: $-0.47, Percent Change: -1.77%

$DIS$PHG
Wire

Philips Launching New Coronary Imaging Product

Philips (PHG) said Monday it is launching its SmartIQ coronary imaging technology for its Azurion image-guided system.The product was designed to address the trade-off between image quality and radiation exposure for patients and clinical employees, the company said.SmartIQ is available in Europe and some markets on Azurion systems, but it is not yet cleared for use in the US, Philips said.Philips shares were up 2.8% in morning trading.Price: $25.94, Change: $+0.70, Percent Change: +2.79%

$PHG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Open Week Tracking Higher in Monday Trading

European equities traded in the US as American depositary receipts were heading higher late Monday morning, rising 0.88% to 1,825.10 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by biotech firm Evaxion (EVAX) and healthcare tech company Royal Philips (PHG), which rose 4.6% and 2.9% respectively. They were followed by internet advertising firm Criteo (CRTO) and biopharmaceutical company Grifols (GRFS), which were up 2.8% each.The decliners from continental Europe were led by biopharmaceutical company DBV Technologies (DBVT) and biotech firm BioNTech (BNTX), which dropped 3.2% and 2% respectively. They were followed by telecommunications company Nokia (NOK) and pharmaceutical company Ascendis Pharma (ASND), which were down 1.9% and 0.9% respectively.The gainers from the UK were led by biotech companies Autolus Therapeutics (AUTL) and Trinity Biotech (TRIB), which climbed 16% and 6.2% respectively. They were followed by communications company WPP (WPP) and educational publisher Pearson (PSO), which advanced 4.8% and 4.7% respectively.The decliners from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and Biodexa Pharmaceuticals (BDRX), which fell 8.3% and 3% respectively. They were followed by biopharmaceutical companies Amarin (AMRN) and Mereo BioPharma Group (MREO), which were off 2.1% and 1% respectively.

$AMRN$ASND$AUTL$BDRX$BNTX$CRTO$DBVT$EVAX$GRFS$MREO$NCNA$NOK$PHG$PSO$TRIB$WPP
Sectors

Sector Update: Health Care Stocks Gain Pre-Bell Wednesday

Health care stocks were higher premarket Wednesday, with the State Street Health Care Select Sector SPDR ETF (XLV) gaining by 0.1% and the iShares Biotechnology ETF (IBB) advancing 1%.Novo Nordisk (NVO) stock was up more than 6% premarket after the company posted higher-than-expected Q1 earnings and revenue in addition to raising its 2026 adjusted sales growth guidance.Royal Philips (PHG) shares were up more than 1% pre-bell after the company reported higher-than-expected Q1 adjusted income from continuing operations and revenue.Oscar Health (OSCR) stock was up over 9% premarket after the company reported higher Q1 adjusted earnings and revenue.

$IBB$NVO$OSCR$PHG$XLV
Asia Markets

European Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading

European equities traded in the US as American depositary receipts were lower late Wednesday morning, declining 0.45% to 1,779.46 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by telecommunications firm Nokia (NOK) and medical device maker EDAP (EDAP), which rose 6.1% and 3.8% respectively. They were followed by petroleum refiner Equinor (EQNR) and Banco Santander (SAN), which were up 2.7% and 1% respectively.The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and healthcare tech firm Royal Philips (PHG), which fell 6.1% and 5.6% respectively. They were followed by internet browser company Opera (OPRA) and semiconductor company Sequans Communications (SQNS), which lost 3.2% and 3.1% respectively.The gainers from the UK were led by communications company WPP (WPP) and software firm Endava (DAVA), which advanced 2.7% and 1.2% respectively. They were followed by oil and gas company Shell (SHEL) and educational publisher Pearson (PSO), which increased 1% and 0.7% respectively.The decliners from the UK and Ireland were led by Akari Therapeutics (AKTX) and pharmaceutical company GSK (GSK), which fell 8% and 7% respectively. They were followed by Silence Therapeutics (SLN) and Mereo BioPharma Group (MREO), which were down 5.8% and 5.5% respectively.

$AKTX$CLLS$DAVA$EDAP$EQNR$GSK$MREO$NOK$OPRA$PHG$PSO$SAN$SHEL$SLN$SQNS$WPP
Wire

Philips Receives FDA Clearance for Rembra Scanning Platform

Philips (PHG) said Wednesday that the US Food and Drug Administration has given 510(k) clearance for its Rembra platform of scanning systems, covering the Rembra CT, Rembra RT, and Areta RT systems.The company said its scanning systems are designed to provide imaging services used for critical care, diagnostic radiology, and radiation therapy, among others.Price: $28.44, Change: $-0.04, Percent Change: -0.14%

$PHG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Sharply Higher in Friday Trading

European equities traded in the US as American depositary receipts were climbing higher late Friday morning, rising 1.06% to 1,840.68 on the S&P Europe Select ADR Index, which has gained 1.42% for the week.From continental Europe, the gainers were led by lender Banco Santander (SAN) and software firm SAP (SAP), which advanced 5.3% and 4.2%, respectively. They were followed by healthcare tech company Royal Philips (PHG) and lender Banco Bilbao Vizcaya Argentaria (BBVA), which increased 4.1% each.The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which dropped 9% and 7.4%, respectively. They were followed by telecommunications company Ericsson (ERIC) and medical device maker EDAP TMS (EDAP), which lost 6.2% and 3.6%, respectively.The gainers from the UK were led by cruise line operator Carnival (CUK) and biopharmaceutical company NuCana (NCNA), which rose 9.3% and 7.1%, respectively. They were followed by hospitality company InterContinental Hotels Group (IHG) and lender Barclays (BCS), which were up 4.7% and 4.6%, respectively.The decliners from the UK and Ireland were led by oil and gas companies BP (BP) and Shell (SHEL), which fell 8.1% and 5.2%, respectively. They were followed by telecommunications operator Vodafone Group (VOD) and biotech firm Trinity Biotech (TRIB), which were down 2.7% and 2.6%, respectively.

$BBVA$BCS$BP$CUK$E$EDAP$EQUINOR$ERIC$IHG$NCNA$PHG$SAN$SAP$SHEL$TRIB$VOD
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading

European equities traded in the US as American depositary receipts were tracking higher late Friday morning, gaining 0.75% to 1,828.19 on the S&P Europe Select ADR Index, which is up 4% for the week.From continental Europe, the gainers were led by biopharmaceutical company Cellectis (CLLS) and lender Banco Bilbao Vizcaya Argentaria (BBVA), which climbed 6.6% and 2% respectively. They were followed by health-tech conglomerate Royal Philips (PHG) and biopharmaceutical company Grifols (GRFS), which rose 1.6% and 1.4% respectively.The decliners from continental Europe were led by biopharmaceutical company DBV Technologies (DBVT) and internet browser company Opera (OPRA), which fell 2.7% and 2.5% respectively. They were followed by internet advertising firm Criteo (CRTO) and pharmaceutical company Ascendis Pharma (ASND), which dropped 1.8% and 1.4% respectively.The gainers from the UK were led by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which advanced 5.1% and 4.3% respectively. They were followed by biotech company Trinity Biotech (TRIB) and medical device maker Smith & Nephew (SNN), which were up 2.3% and 2.1% respectively.The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and software firm Endava (DAVA), which lost 4.6% and 2.1% respectively. They were followed by biopharmaceutical companies Akari Therapeutics (AKTX) and Amarin (AMRN), which were down 1.9% and 1.5% respectively.

$AKTX$AMRN$ASND$AUTL$BBVA$BDRX$CLLS$CRTO$DAVA$DBVT$GRFS$OPRA$PHG$SLN$SNN$TRIB

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