DutchelectronicsgiantPhilipsMondayposteda32.9percentfallinsecondquarterprofits,hitmainlybythecostsofspinningoffitslightingbusinesslastyear.Netincomedroppedto289
DutchhealthcarecompanyPhilipshasagreedtobuyU.S.-basedSpectraneticsCorp,amakerofdevicestotreatheartdisease,for1.9billioneuros($2.16billion)includingdebt,asitexpa