Electrolux To Set Provision Of About SEK 650 Mln To Settle French Antitrust Case

Electrolux Stock Up On Q2 Operating Profit, Sales Growth

Shares of Electrolux AB were gaining around 6 percent in the morning trading in Stockholm after the Swedish home appliance major reported Friday sharply narrower loss in its second quarter, and swing to an operating profit with strong growth in net sales. The company further said it now targets cost savings of approximately 4 billion Swedish kronor in 2024.

RTTNews | 381天前

Electrolux Reannounces Recall Of Frigidaire, Kenmore Electric Ranges

Consumer electronics major Electrolux Group has reannounced its previous recall of Frigidaire and Kenmore electric ranges following multiple reports of fires and injuries. The recall involves about 203,000 units of Frigidaire and Kenmore Smooth-top Freestanding Electric Ranges, which were previously recalled in August 2009.

RTTNews | 444天前

Electrolux Recalls Frigidaire Gas Cooktops

Charlotte, North Carolina-based Electrolux Home Products Inc., affiliated to Swedish home appliance major Electrolux AB, has called back certain Frigidaire gas cooktops citing risk of gas leak, fire hazard, the U.S. Consumer Product Safety Commission said. The recall incolves about 77,000 units of Frigidaire Stainless-Steel Gas Cooktops.

RTTNews | 703天前

Electrolux Posts Q1 Loss, Sales Rise, Backs View; Stock Up

Swedish home appliance major Electrolux AB reported Friday a loss in its first quarter with weak volumes hurt by lower demand. Net sales, however, was higher than last year, and the company maintained its fiscal 2023 forecast. In Stockholm, Electrolux shares were gaining around 9 percent.

RTTNews | 829天前

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | 1小時7分鐘前

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | 1小時14分鐘前

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | 2小時6分鐘前

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | 2小時28分鐘前

EURUSD	1.15771	GBPUSD	1.33098	AUDUSD	0.64825
USDJPY	147.065	USDCAD	1.37658	USDCHF	0.80733

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Electrolux To Set Provision Of About SEK 650 Mln To Settle French Antitrust Case