Tech Turmoil: In The Loop (04/29)
April 29 (Bloomberg) -- On today's "In The Loop," Betty Liu takes you from the day's breaking headlines straight through to the opening bell, speaking with the most influential guests and asking the smartest questions. It's not noise, it's news. (Source: Bloomberg)
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Philips CEO Expects Operational Improvements to Continue
40:12 - Royal Philips NV, the Dutch health-care equipment maker, reported second-quarter profit that rose more than expected on cost savings and said earnings will improve in the second half of the year. Adjusted earnings before interest, taxes and amortization rose 8.6 percent to 544 million euros ($596 million), the Amsterdam-based company said in a statement Monday. That beat the 519-million-euro average estimate of analysts surveyed by Bloomberg. The company kept its full-year outlook. Chief Executive Officer Frans van Houten Chief Executive Officer Frans van Houten discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."