Big restructuring off to a good start

PHILIPS ELECTRONICS N.V. ADRs $25 (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.0 billion; Market cap: $25.0 billion; Priceto- sales ratio: 0.8; Dividend yield: 3.7%; TSINetwork Rating: Average; www.philips.com) continues to make progress with a major restructuring plan that… Read More

PHILIPS ELECTRONICS N.V. ADRs $25 – New York symbol PHG

PHILIPS ELECTRONICS N.V. ADRs $25 (New York symbol PHG;
Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.0 billion; Market cap: $25.0 billion; Priceto- sales ratio: 0.8; Dividend yield: 3.7%; TSINetwork Rating: Average; www.philips.com) continues to make progress with a major restructuring plan that includes… Read More

ADRs make it easy to buy global giants

American Depositary Receipts make foreign investing easier and safer for individual investors. The foreign company must provide detailed financial information to U.S. regulators and to the sponsor, or depositary, bank or broker. As well, since ADRs trade on U.S. stock exchanges in U.S. dollars, you… Read More

TV deal should boost Philips’ earnings

PHILIPS ELECTRONICS N.V. ADRs $23 (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.0 billion; Market cap: $23.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 4.7%; TSINetwork Rating: Average; www.philips.com) is transferring its struggling television manufacturing operations to a new joint… Read More

Strong earnings rebound for Philips

PHILIPS ELECTRONICS N.V. ADRs $30 (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 946.0 million; Market cap: $28.4 billion; Price-to-sales ratio: 0.8; Dividend yield: 3.0%; TSINetwork Rating: Average; www.philips.com) earned 0.55 euros per ADR in the three months ended September… Read More