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Philips makes Q3 profit of $730M as sales rise

October 18, 2010

By TOBY STERLING 2010-10-18T06:56:47Z AMSTERDAM (AP) -- Royal Philips Electronics NV, the Dutch maker of shavers, televisions, medical imaging equipment and light bulbs, said Monday net profit tripled in the third quarter due to strong sales in its lighting and health care arms as well as a one-time gain on the sale of a stake in its former semiconductor arm....

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