Tag: LSE:MRO
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Philips Stocks Soar 47% Following US Deal, Tesla Bolsters Presence in China, and More News
Philips (NYSE:PHG) – Philips’ stock soared 47.1% in pre-market trading after announcing a $1.1 billion deal to resolve U.S. claims related to a respiratory device recall. Analysts consider the settlement far below expectations, eliminating uncertainties that impacted the market value. Tesla (NASDAQ:TSLA), Baidu (NASDAQ:BIDU) – Tesla has overcome regulatory hurdles in China to launch its…