Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Royal Philips NV settled a US probe over faulty sleep apnea devices, sending its shares higher on optimism that the long-running scandal is nearing an end.
- Schaeffler AG is set to close five sites in Europe, targeting another round of job cuts as the Volkswagen AG supplier shrinks high-cost operations in Germany.
- Deutsche Lufthansa AG lowered its profit outlook for the year as higher fuel costs from the Middle East conflict weigh on the German airline group.
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