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Philips profits down in Q1 while LED sales jump

Dutch electronics giant Philips announced Thursday first quarter profits that were down 12 percent from the same period a year earlier, and confirmed that it expected only "modest" growth in the first half of 2013.

Dutch high-tech group ASML posts sharp Q1 slump

The Dutch company ASML, which supplies computer chip-making systems and is a global high-tech bellwether, posted on Wednesday sharp drops in sales and net profit for the first quarter 2013, but said it expected business to ...

3Qs: Expert weighs in on how to play a bull market

The Dow Jones industrial average reached a record high on Tuesday and continued rising throughout the week, erasing all of the losses suffered in the Great Recession of 2008–2009. But many investors have ignored the stunning ...

Wall Street Journal says also hit by Chinese hackers

The Wall Street Journal has become the second major US media organization to accuse Chinese hackers of targeting its computers in an apparent effort to spy on journalists covering China.

Apple sacks exec in maps fiasco

Apple has ousted the executive who oversaw the mobile maps program which was a spectacular flop, a report said Tuesday.

US stocks rise sharply in Black Friday retail rush

U.S. stocks rose solidly on Black Friday, the unofficial start of the holiday shopping season. Traders were encouraged by positive economic news from Germany and China, two engines of global growth.

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