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Electrolux Wrings Out Improved Profit

2014-10-20 12:57:04| Appliances - Topix.net

Electrolux AB said third-quarter profit jumped 42% despite tough trading conditions in Europe as the Swedish home-appliance maker benefited from improved sales of higher-margin products and recent cost cutting.

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Electrolux AB Stock Rating Upgraded by Kepler Capital Markets

2014-10-06 15:55:37| Appliances - Topix.net

Shares of Electrolux AB opened at 50.38 on Monday. Electrolux AB has a one year low of $41.13 and a one year high of $58.00.

Tags: rating stock capital markets

GE Sells Its Appliance Business To Electrolux, Narrows Focus On Industry

2014-09-09 23:19:04| Appliances - Topix.net

While I did not predict GE would sell off its appliance division, the move is in line with the strategy I identified then. General Electric is selling its appliance business to Electrolux for $3.3 billion.

Tags: on business industry focus

Electrolux eyes U.S. with GE deal

2014-09-08 18:11:21| Appliances - Topix.net

Sweden's Electrolux says it will buy General Electric Co's appliances business for $3.3 billion in cash to double sales in North America. As Joanna Partridge reports the Swedish firms hopes to take on rival Whirlpool Corp with its biggest ever deal.

Tags: eyes deal electrolux