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Trader Peter Mancuso works on the floor of the New York Stock Exchange, Friday, Oct. 17, 2014. U.S. stocks opened higher Friday as investors weighed the latest corporate earnings news and data showing home construction picked up last month. (AP Photo/Richard Drew)

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Trader Peter Mancuso works on the floor of the New York Stock Exchange, Friday, Oct. 17, 2014. U.S. stocks opened higher Friday as investors weighed the latest corporate earnings news and data showing home construction picked up last month. (AP Photo/Richard Drew)

Philips sales stagnant in 3rd quarter, posts loss after losing patent infringement suit

AMSTERDAM - Royal Philips NV, the world's largest lighting maker, has reported a 104 million-euro ($132 million) loss for the third quarter, mostly due to a one-off charge after losing a patent infringement lawsuit against Masimo Corp. of the U.S.

The loss compares with net profit of 282 million euros in ...

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