Philips

Subsidiary Respironics has reached a basic agreement with the US Justice Department; Philips booked a €288 million provision in Q3, with the payment expected in the first quarter of next year. The agreement follows the billion-euro recall of ventilators and an earlier settlement payment of just over $1 billion; investigations by individual state attorneys general are ongoing. Investors reacted with relief, and the stock rose about 6.5% to €26.10 at midday. » More on faz.net

Philips has released the Sonicare Next-Gen DiamondClean 9900 Prestige in Europe and the US at $379.99, undercutting Dyson’s $499 CameraJet. The smart toothbrush adds a touchscreen, a 12-segment mouth map, a color-changing base light and third-generation AI with SenseIQ to detect brushing motion and pressure. It can adjust vibration intensity automatically and offers eight cleaning modes with three intensity levels for personalized brushing. » More on theverge.com

Contentstack has announced the finalists for the Contentstack Experience Awards 2026. Ten companies and partners are nominated across five categories, including Alaska Airlines, Philips, Verizon Connect, Deloitte and SAP. The awards recognize projects in digital customer experience, transformation, personalization and partner innovation; the winners will be announced on October 28 at ContentCon in Chicago. » More on finanzen.net

Philips has unveiled the Lumea IPL 9900 Pro for home use, an FDA-approved IPL hair removal device with audio feedback, motion guidance and SenseIQ Pro sensor technology for skin tone analysis. The device connects to a mobile app, tracks movements in real time and provides progress reports and recommendations after each treatment. Philips lists a price of $699.95, promises over 90% hair reduction on the legs after three treatments and offers a five-year warranty with registration. » More on de.investing.com

Philips has issued a fixed‑rate green EU bond of €650 million under its European Medium Term Note Programme, maturing in 2034. The bonds were placed at an issue price of 99.655% with a 4.0% coupon (4.055% yield) and were 2.7 times oversubscribed. Proceeds will be used for taxonomy‑aligned economic activities to support the “Impact Ambition 2030”; net debt is not expected to increase, though gross debt will rise temporarily until the repayment of a bond maturing in May 2027. Philips has applied for listing and trading on the Luxembourg Stock Exchange; the company is rated BBB+ by S&P, Baa1 by Moody’s and BBB+ by Fitch, each with a stable outlook. » More on de.investing.com