DIRS.INFO The most relevant business & tech news

SKIP AHEAD Best deals at Amazon | Best deals at Walmart | Best deals at Target | Best deals at Best Buy | Best Black Friday salesTo help you make the most of the final Black Friday sales, we compiled some of the best deals and sales that we think you’ll want to know about. Best Black Friday 2022 deals across retailersBelow, we’re sharing the best Black Friday deals based on our previous coverage and reporting. 4.7-star average rating from 73,237 reviews at TargetOral-B’s Pro 1000 electric toothbrush is one of the best models you can buy. 4.7-star average rating from 10,600 on AmazonThis cookware set comes with 8-inch and 10-inch nonstick fry pans. Best Black Friday 2022 sales across retailersHere are the best Black Friday sales that we think you’ll want to know about.

☆ Amazon Black Friday sale — 51+ best deals to shop right now
▼ + stars: | 2022-11-25 | by ( Mili Godio | ) www.nbcnews.com time to read: +20 min

SKIP AHEAD Home and kitchen deals | Tech deals | TV deals | Beauty and wellness deals | Pet deals | Best Amazon Black Friday sales | Do you need a Prime membership to shop Amazon’s Black Friday deals? Unlike Prime Day and the most recent Prime Early Access Sale, anyone can shop Amazon’s Black Friday deals — although the retailer does offer some exclusive deals for Prime members. Amazon Black Friday 2022: The best dealsBelow, we rounded up some of the best deals from Amazon’s Black Friday event based on our previous coverage and Select reader interest. 4.6-star average rating from 150,441 reviews on AmazonFitBit makes some of the best fitness smartwatches you can buy. Best Amazon Black Friday 2022 sales to shopHere are some of the best sales to shop for during Amazon’s Black Friday sale that we think you’ll want to know about.

☆ 33+ best Black Friday deals under $100 to shop now
▼ + stars: | 2022-11-25 | by ( Mili Godio | ) www.nbcnews.com time to read: +10 min

SKIP AHEAD Best Black Friday deals under $100 | Best Black Friday sales under $100To help you make the most of the shopping holiday, we compiled some of the best Black Friday deals and sales under $100 that we think you’ll want to know about. Best Black Friday 2022 deals under $100Below, we’re sharing the best Black Friday deals under $100 based on our previous coverage and reporting. Best Black Friday 2022 sales under $100Here are the best Black Friday sales under$100 that we think you’ll want to know about. Remember that sales include multiple deals, and not every product listed in a sale is going to be the best deal around. Black Friday takes place every year the day after Thanksgiving, with Black Friday 2022 falling on Nov. 25.

☆ 27+ Best beauty and wellness deals on Black Friday 2022
▼ + stars: | 2022-11-25 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +6 min

SKIP AHEAD Best Black Friday beauty and wellness deals | Best Black Friday beauty and wellness salesTo help you make the most of the shopping holiday, we compiled some of the best Black Friday deals and sales on beauty and wellness essentials that we think you’ll want to know about. Best Black Friday 2022 beauty and wellness dealsBelow, we’re sharing the best Black Friday beauty and wellness deals based on our previous coverage and reporting. 4.2 star average rating from 4,398 reviews at Sephora. 4.7-star average rating from 601 reviews at ParachuteThis down duvet insert from Parachute is filled with 85% down and 15% down and feather fiber blend. Best Black Friday 2022 beauty and wellness salesHere are the best Black Friday beauty and wellnesssales that we think you’ll want to know about.

Right now, the Ninja Foodi Two-Basket Air Fryer and Instant Pot Duo Crisp Pressure Cooker with Air Fryer are on sale. Black Friday air fryer deals: Top discountsBest Black Friday air fryer dealsDeal icon An icon in the shape of a lightning bolt. Great Price Cosori Pro II Air Fryer Oven Combo The Cosori Pro II Air Fryer Oven Combo is an updated version of the Max XL air fryer that performed well in our tests. Deal PowerXL 10qt Dual Basket Air Fryer The PowerXL 10qt Dual Basket Air Fryer features two spacious baskets allowing you to simultaneously air fry two food items at different temperatures and times. Check out our air fryer guide for more ideas of what to make in an air fryer.

☆ 12 of Our Favorite Gifts Based on Google’s New Holiday 100 List
▼ + stars: | 2022-11-24 | by ( ) www.wsj.com time to read: +6 min

By Betsy GoldbergWhen it comes to gifting, it’s gratifying when you find that just-right present that captures a person’s essence. That’s why we’re recommending a shortlist of high-quality presents sparked by Google’s new list of the top trending searches of 2022. (And, in fact, we have, in our roundup of the best gifts for coffee lovers.) Proof it’s a popular item: Google searches for digital picture frames went up by 650% this year. Perhaps that’s why searches for electric toothbrushes peak every winter, as people tend to focus more on health in the new year.

Every year, color-changing smart lightbulbs from Sengled prove to be one of to be a popular products with our readers. Deal Sengled Smart Color-Changing LED light bulbs (single pack) Sengled's smart color-changing light bulb is significantly more affordable than bulbs from big names like Philips. For about $12, this single bulb is more affordable than ever. The Sengled bulbs work with Amazon's Alexa voice assistant, so you can control them with voice commands on any Alexa-powered device, like Amazon's Echo Dot. No matter how you intend to use them, Sengled's bulbs offer an incredibly economic way of adding several smart color-changing bulbs to your home.

☆ FDA says Philips filed 21,000 reports on bad foam Aug-Oct.
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: 1 min

AMSTERDAM, Nov 23 (Reuters) - The U.S. Food and Drug Administration (FDA) on Wednesday said Philips filed 21,000 medical device reports in connection with faulty foam in its ventilation and sleep apnoea devices in the Aug-Oct 2022 period. Philips has been recalling 5.5 million such devices since June 2021 after it became aware that a foam part can deteriorate and threaten users' health. In a statement, Philips said that it believes the large number of reports are a result of publicity around the issue, which has wiped 30 billion euros off its market valuation. "The vast majority, 93%, of the approximately 90,000 medical device reports filed since April 2021 are alleged technical malfunctions that do not involve serious injury," the company said. Reporting by Toby Sterling, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ 35+ best early Amazon Black Friday deals to shop now
▼ + stars: | 2022-11-22 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +16 min

SKIP AHEAD Best Amazon Black Friday sales | Do you need a Prime membership to shop Amazon’s Black Friday deals? Unlike Prime Day and the most recent Prime Early Access Sale, anyone can shop Amazon’s Black Friday deals — although the retailer does offer some exclusive deals for Prime members. Amazon Black Friday 2022: The best early dealsBelow, we rounded up some of the best deals from Amazon’s early Black Friday event based on our previous coverage and Select reader interest. 4.6-star average rating from 150,441 reviews on AmazonFitBit makes some of the best fitness smartwatches you can buy. Best Amazon Black Friday 2022 sales to shopHere are some of the best sales to shop for during Amazon’s Black Friday sale that we think you’ll want to know about.

☆ Philips recalls some previously replaced ventilators -FDA statement
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, Nov 21 (Reuters) - Philips (PHG.AS), which has been struggling with a major recall of ventilators, is recalling some machines it has previously replaced, according to an FDA statement. A Philips spokesperson said on Monday that only Trilogy 100/200 venilator models were potentially affected. The FDA said the company had notified it that the sound abatement foam could come loose in some refurbished models, "lowering the inspiratory pressure". Philips has replaced more than 4 million ventilators and sleep apnoea machines over the past 18 months due to worries that foam used in the machines could become toxic. The spokesperson said Trilogy 100/200 ventilators represent around 3% of the recall, and no sleep apnoea machines were affected.

☆ Fact Check-Tweet showing British MP misidentifying late actor is fabricated
▼ + stars: | 2022-11-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A screenshot of a tweet spreading on social media purports to show British Conservative Cabinet minister Nadhim Zahawi misidentifying late British actor Leslie Phillips. A search on Twitter for Zahawi and the text “RIP Leslie Philips” returns no results (tinyurl.com/yx6fv5yb) , nor is there any evidence of such a tweet being archived. The text of the quote also appears more defined than the rest of the text in the screenshot, which is pixelated. The screenshot features a fabricated tweet from British MP Nadhim Zahawi. Read more about our work to fact-check social media posts here .

☆ Philips to Cut 4,000 Jobs as Big Recall, Supply Snags Hit Earnings
▼ + stars: | 2022-10-24 | by ( Denise Roland | ) www.wsj.com time to read: 1 min

Royal Philips NV said it would cut 4,000 jobs in a bid to turn around its embattled business, as it grapples with supply-chain challenges and the fallout from a huge recall of devices used to treat sleep apnea. The Dutch healthcare conglomerate said Monday that the job cuts, which amount to about 5% of its 80,000-strong workforce, would simplify its operations and save about 300 million euros, equivalent to about $296 million, a year.

☆ Philips to cut 5% of its workforce after medical equipment recall
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 24 (Reuters) - Dutch medical equipment maker Philips (PHG.AS) said on Monday it expected to scrap around 4,000 jobs as it tried to streamline its organisation after a massive recall slashed around 70% off its market value in the past year. "My immediate priority is to improve execution so that we can start rebuilding the trust of patients, consumers and customers," Jakobs said in a statement. The cuts represent just over 5% of the company's workforce based on last year's total of 78,000. The company said it expected the reorganisation to cost around 300 million euros ($295.41 million) in the coming quarters. As flagged in a profit warning earlier this month, Philips said its adjusted earnings before interest, taxes and amortisation (EBITA) had tumbled 60% in the third quarter, to 209 million euros.

☆ European stocks jump on Fed slowdown hopes, Prosus slides on China woes
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

Oct 24 (Reuters) - European shares rose on Monday, driven by hopes that the Federal Reserve could slow its pace of interest rate hikes, while investors braced for a busy week of earnings and a key interest rate decision from the European Central Bank. The continent-wide STOXX 600 index (.STOXX) rose 1.3% by 0708 GMT, with travel and leisure (.SXTP), retail (.SXRP) and banking (.SX7P) sectors leading the gains. Wall Street's main indexes rallied on Friday after a report said the Fed will likely debate on a smaller interest rate hike in December. read moreMeanwhile, Italian stocks (.FTMIB) rose 1.4% after Giorgia Meloni was sworn in as Italy's first woman prime minister on Saturday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sruthi Shankar in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves in the premarket: Tesla, WeWork, Alibaba and more
▼ + stars: | 2022-10-24 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Alibaba (BABA) – Alibaba tumbled 12.3% in premarket trading after the release of weaker-than-expected China GDP data. China Tech Stocks – China-based tech stocks are under pressure after President Xi secured a third leadership term, leading to speculation of a continued crackdown on the country's tech sector. ServiceNow (NOW) – ServiceNow added 2.5% in premarket trading after Guggenheim upgraded the stock to "buy" from "neutral." Medtronic added 1% in premarket trading. Williams-Sonoma fell 2.5% in premarket action.

☆ Premarket stocks: Why investors aren't going green
▼ + stars: | 2022-10-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

ESG funds in September saw their largest outflow of investor cash since the March 2020 recession. These ESG and responsible investing funds saw assets under management peak above $8.5 trillion in late 2021. That’s because ESG ratings agencies tend to rate companies against others within their industry, so oil and gas companies are rated separately from automotive companies. A debate over how to regulate ESG funds is also adding to the noisy picture. But the hurdles facing ESG investing show that doing so is easier said than done.

☆ Philips to cut 5% of workforce as new CEO acts to counter falling sales
▼ + stars: | 2022-10-24 | by ( Tosterling Bart H. Meijer | Bart H. Meijer | ) www.reuters.com time to read: +3 min

AMSTERDAM, Oct 24 (Reuters) - Philips' (PHG.AS) new CEO announced plans on Monday to cut around 4,000 jobs following falling sales and after a massive recall slashed around 70% off the Dutch medical equipment maker's market value in the past year. The company said it expected the reorganisation to cost around 300 million euros ($295.41 million) in the coming quarters. Philips is in talks with the U.S. Department of Justice on a settlement following the recall. Comparable sales dropped 6% to 4.3 billion euros in July-September as Philips said supply chain problems were worse than anticipated and would continue to weigh on sales in the last months of 2022. Jakobs said his top priorities were repairing the company's reputation by ensuring the recall is completed as soon as possible, and resolving the supply chain problems.

☆ The economy may be in better shape than you think...for now
▼ + stars: | 2022-10-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

The consensus forecast from economists surveyed by Reuters is that GDP grew at an annualized pace of 2.1% in the third quarter. (This will be the first estimate for third-quarter GDP, and there will be several revisions in the coming weeks.) That also means the Fed will likely continue to sharply raise interest rates to finally choke off inflation once and for all. Those rate hikes helped cause a so-called double-dip recession, where the economy suffered two downturns between 1980 and 1982. In other words, the much-hoped-for “soft landing” for the economy could turn out to be a pipe dream.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Amazon October Prime Day: 50+ best deals to shop ahead of Black Friday
▼ + stars: | 2022-10-12 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +15 min

For the first time in Prime Day’s history, Amazon is hosting two Prime Day-like events in the same year. Prime Early Access Sale: The best dealsBelow, we’re sharing the best deals from the Prime Early Access Sale based on our previous coverage and reporting. 4.7-star average rating from 2,378 reviews on AmazonThis indoor gardening system allows you to grow herbs indoors year round. Prime Early Access Sale: The best sales on AmazonHere are the best Prime Day sales on Amazon right now that we think you’ll want to know about. Prime Early Access Sale: The best sales at other retailersIn addition to Amazon, the following retailers are offering Prime Day sales we recommend.

☆ Philips to Take $1.3 Billion Write-Down on Sleep-Apnea Business
▼ + stars: | 2022-10-12 | by ( Denise Roland | ) www.wsj.com time to read: 1 min

Royal Philips Chief Financial Officer Abhijit Bhattacharya said the company couldn’t speculate on the outcome, content or timing of any agreement with the Justice Department over a potential settlement. Royal Philips NV said it would write down the value of its sleep and respiratory care business by €1.3 billion, equivalent to $1.26 billion, as it grapples with the fallout from a huge recall of devices used to treat sleep apnea. The update came Wednesday as the Dutch healthcare conglomerate warned that worse-than-expected supply-chain disruptions would hurt third-quarter sales and profit. Philips said it expected third-quarter sales to decline 5% to €4.3 billion and for adjusted earnings before interest, taxes and amortization of around €210 million, sharply down from €512 million a year earlier. The company is set to report full earnings later this month.

☆ Philips shares slump on profit warning and sleep apnea device writedown
▼ + stars: | 2022-10-12 | by ( Bart H. Meijer | ) www.reuters.com time to read: +3 min

Shares were down 9% at 0750 GMT at 14.13 euros, hitting their lowest level since June 2012. In its second profit warning of the year, Philips said third-quarter core profit would drop around 60%, as ongoing supply chain problems had pushed down comparable sales by around 5%. This was expected to have limited adjusted earnings before interest, taxes and amortisation (EBITA) to 210 million euros in the third quarter, down from 512 million euros a year before. RECALL HITS SLEEP BUSINESSPhilips last year shocked investors by recalling 5.5 million ventilators used to treat sleep apnoea, over worries that foam used in the machines could become toxic. "Details of the consent decree have not been fully negotiated at this time," Van Houten said in a call with analysts.

☆ Philips expects profit to drop with $1.3 bln hit to sleep business
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 12 (Reuters) - Dutch health technology company Philips (PHG.AS) said on Wednesday its third-quarter core profit would drop around 60%, and it flagged a charge of 1.3 billion euros ($1.26 billion) on the value of its plagued sleep and respiratory care business. In a trade update, Philips said its comparable sales fell around 5% in the third quarter, as supply chain problems remained bigger than the company had anticipated. This was expected to have pushed adjusted earnings before interest, taxes and amortisation (EBITA) down to 210 million euros, or around 5% of sales, Philips said. Register now for FREE unlimited access to Reuters.com RegisterAdjusted EBITA was 512 million euros in the third quarter of 2021. Philips will publish its full third-quarter results on Oct. 24.

☆ October Prime Day: 45+ best deals from Crest, Keurig and more
▼ + stars: | 2022-10-12 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +14 min

For the first time in Prime Day’s history, Amazon is hosting two Prime Day-like events in the same year. Prime Early Access Sale: The best dealsBelow, we’re sharing the best deals from the Prime Early Access Sale based on our previous coverage and reporting. 4.6-star average rating from 72,050 reviews on AmazonThe Keurig K-Mini is one of our favorite single-serve coffee makers. Prime Early Access Sale: The best sales on AmazonHere are the best Prime Day sales on Amazon right now that we think you’ll want to know about. Prime Early Access Sale: The best sales at other retailersIn addition to Amazon, the following retailers are offering Prime Day sales we recommend.

☆ European shares fall for sixth day on earnings jitters
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +3 min

Weak results from Barratt Developments (BDEV.L), Britain's largest housebuilder, sparked a selloff in the sector. read more"Although depressed sentiment and cheapened valuations are tailwinds for European stocks, the region's macroeconomic outlook remains a potent headwind that could lead to further downside for European earnings," analysts at BCA Research wrote in a note. Overall, European companies are expected to report a 29.4% increase in third-quarter profit, slightly below the 33.2% rise forecast at the start of October, as per Refintiv IBES data. read moreOther luxury stocks such as Hermes (HRMS.PA), L'Oreal (OREP.PA) and Christian Dior (DIOR.PA) gained between 0.9% and 2.7%. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sruthi Shankar in Bengaluru; Editing by Savio D'Souza and Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Philips"

25 mentions found