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The logo of Philips is seen at the company's entrance in Brussels(Reuters) - Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used to help measure blood oxygen and track pulse rates. "We are very disappointed in the verdict of the jury and surprised by the magnitude of the proposed award," Philips Chief Executive Officer Frans van Houten said. "Philips intends to pursue all avenues of appeal of this verdict at both the District and Appellate courts in the US. ...


Visitors stand in front of the DAX board at the Frankfurt stock exchangeFRANKFURT (Reuters) - Investors gave Rocket Internet, the global e-commerce investor, a chilly welcome to the Frankfurt stock exchange on Thursday letting its shares drop up to 14 percent. Shares in the Berlin-based company started trading at the offer price of 42.50 but fell to 36.66 euros after a few minutes. By 0805 GMT, the shares were down 2.6 percent at 41.40 euros. With expected gross proceeds of 1.4 billion euros ($1.8 bln) excluding a greenshoe option, it is Europe's largest internet IPO since 2000, which marked the peak of the dotcom bubble. ...


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