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Electrolux AB (OTCMKTS:ELUXY) Receives Consensus Rating of "Hold" from Analysts

2016-01-01 20:39:59| Appliances - Topix.net

Electrolux AB has earned a consensus recommendation of "Hold" from the six analysts that are presently covering the company, AnalystRatingsNetwork.com reports . One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

Tags: rating hold receives consensus

 

General Electric: Why The Electrolux Deal Collapse Doesn't Really Matter

2015-12-11 05:26:17| Appliances - Topix.net

General Electric has been busy over the last 12 months getting in shape, returning to its industrial roots, and ridding itself of non-core businesses. The company also announced a major restructuring program in April of this year that would see the conglomerate sell down its financial assets held within GE Capital and return boatloads of cash to shareholders.

Tags: general deal matter electric

 
 

Electrolux to pay $175M fee for failed GE deal

2015-12-09 23:14:55| Appliances - Topix.net

Electrolux AB's failed ambition to acquire General Electric Co.' s appliance business came at a price: The Swedish firm said Wednesday it would pay the $175 million break-up fee demanded by the U.S. company.

Tags: pay deal fee failed

 

Barclays Downgrades Electrolux AB (ELUXY) to Underweight

2015-12-09 21:10:08| Appliances - Topix.net

Separately, Citigroup Inc. initiated coverage on shares of Electrolux AB in a report on Tuesday, December 1st. They issued a "neutral" rating for the company.

Tags: electrolux barclays downgrades underweight

 

Electrolux Downsizes Small Appliances Unit, Cuts Jobs

2015-12-09 10:40:11| Appliances - Topix.net

Swedish appliance maker Electrolux AB said Wednesday it will downsize and cut jobs at its Small Appliances business as lower volumes and unfavorable currency movements continue to weigh on the unit. The cuts will be focused mainly in the U.S., Sweden and China as the company targets 120 million Swedish kronor of annual savings by the end of next year, it said.

Tags: small jobs unit appliances

 

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