Finance

Philips expects summer recovery from supply chain woes

Dutch health technology company Philips (PHG.AS) said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortage of parts is likely to persist in the coming months.

Activist investor Blackwells Capital pushes Peloton to fire CEO

Activist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling itself to a fitness or technology company, two sources familiar with the matter said on Sunday.

Philips expects summer recovery from supply chain woes

Dutch health technology company Philips (PHG.AS) said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortage of parts is likely to persist in the coming months.

Activist investor Blackwells Capital pushes Peloton to fire CEO

Activist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling itself to a fitness or technology company, two sources familiar with the matter said on Sunday.

Categories