European equities traded in the US as American depositary receipts were trending lower in late Tuesd

Koninklijke Philips (ENXTAM:PHIA) announces new collaborations to expand its open monitoring ecosystem and connected care offerings. The company introduces the Philips Avent Share the Care Connector to support postpartum mothers with digital tools and guidance. Philips works with health technology partners to extend continuous and out of hospital patient monitoring capabilities. The Share the Care Connector is launched in collaboration with March of Dimes, with a focus on maternal health...

Koninklijke Philips (ENXTAM:PHIA) has drawn renewed attention after updating its long-term agreement with Exor. The move allows Exor to raise its shareholding to 22%, while existing governance arrangements remain unchanged. See our latest analysis for Koninklijke Philips. At a share price of €23.19, Koninklijke Philips has seen a small pullback over the past month with a 1 month share price return of a 3.74% decline, although the 3 year total shareholder return of 31.21% points to a stronger...

A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly ‌50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the ‌group's website. Philips said it had been targeted by Cl0p while Shell said it was aware of a recent "possible incident", confirming an ​earlier report on Thursday by Dutch media outlet BNR. "We are working with our security teams and relevant experts to investigate the situation," a Shell spokesperson said.

European equities traded in the US as American depositary receipts were higher late Thursday morning

Philips framed the revised agreement with Exor, the holding company of Italy’s billionaire Agnelli family, as evidence of confidence in its strategy.

Semiconductors are the silicon backbone of the digital revolution. The amount of data we ingest is also increasing exponentially, leading to elevated demand for chips with more processing power. This secular trend bodes well for the industry, which has posted a six-month gain of 50.2% and beaten the S&P 500 by 39.1 percentage points.

Inogen's steep sales-multiple discount, improving margins and firm international demand clash with U.S. sales and rental weakness.

Philips' new partnerships are intended to advance its patient monitoring ecosystem's out-of-hospital monitoring provision.

By employing wearable devices to support patient monitoring between the hospital and home, Philips hopes to improve care continuity.