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Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.
Business - MarketWatch - October 28
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade

Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strike
Business - Financial Times - October 29
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence

The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.
Business - Inc. - October 28

Philips shares slide as company blames China for lowered sales outlook