Trading Central

Trading Central

Koninklijke Philips Second-Quarter Results Beat Forecasts

Dutch technology conglomerate Koninklijke Philips (PHG) reiterated its full-year guidance on Monday as it posted better-than-expected results for its second quarter, which were helped by double-digit comparable sales growth in image-guided therapy and high single-digit comparable growth in ultrasound. The Amsterdam-headquartered company, which manufactures medical devices and consumer hygiene products, […]

Trading Central

Gold Prices End Lower

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that’s expected to offer hints on the central bank’s plan on interest rates, MarketWatch reported. International trade clashes and a concern over a weakening global economy, […]

Trading Central

Strong Gains for Tech Stocks

Technology stocks were firming in recent trading, with the shares of tech stocks in the S&P 500 adding nearly 1.7% in value while the Philadelphia Semiconductor Index was rising almost 3%. Among technology stocks moving on news: (+) Vuzix (VUZI) soared more than 41% after unveiling, together with Dubai-based software […]