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...But he said the dual class of shares only made a difference at a few of its holdings, such as Ericsson, Electrolux and Investor itself....
...Even after a 200 per cent gain in shares in the past year, shares trade at a 1.8 price to book value — half that of global peers such as Electrolux and Whirlpool....
...They include Adobe, Carlsberg Group, Coca-Cola European Partners, Colgate-Palmolive, EDF, Electrolux, H&M, Mars, Nestlé, Orange, Salesforce, Telefónica, The Co-op and Vodafone....
...The company’s home appliance division boasts an industry-topping operating profit margin of 11.2 per cent — double that of overseas rivals such as Whirlpool and Electrolux — thanks to high-end products such...
Top stories around the world on Monday
...Electrolux’s new chief executive took a beating last week for his excitable comment that the white-goods company was testing the idea of “a laundry Uber, where people share their unused laundry time”....
...In the consumer discretionary sector, Whirpool, the appliance maker, dropped more than 5 per cent after competitor Electrolux said it will cut costs amid “reduced volumes in several key markets.”...
...But in December, Mr Obama’s DoJ blocked General Electric’s $3.3bn sale of its home appliance division to Swedish competitor Electrolux....
...But some advisers argue that the deals blocked under the current administration, including Comcast’s $45bn takeover of Time Warner Cable and Electrolux’s $3.3bn acquisition of GE’s appliances business, were...
...Armslist.com, America’s ‘eBay for guns’, faces crackdown by Obama administration Tech tools you can use – Samsung Family Hub Refrigerator Tim Bradshaw points out that intelligent fridges are so last century – Electrolux...
...Electrolux, the Swedish group, was blindsided in December when the DoJ sued to block its $3.3bn acquisition of GE’s domestic appliances business, on the grounds that it would create a duopoly in the relatively...
...Double figure losses were also incurred by Electrolux, Sandvik, Skanska and SKF. Together, they produced the biggest ever one-day fall in the Swedish blue-chip index....
...The pellets are used in components in Nespresso coffee machines and Electrolux vacuum cleaners. Other clients include large electronics, automobile and domestic appliance companies....
...The DoJ also sued to block Electrolux’s $3.3bn acquisition of General Electric’s appliance business. Intraday UK construction activity is expected to have improved for a second month running in June....
...It includes Electrolux, Haier, LG Electronics, Microsoft, Panasonic, Qualcomm, Sharp, Silicon Image, Sony, Technicolor, and TP-Link – a fairly powerful list of companies....
...Many of Sweden’s largest listed companies – Swedbank, Nordea, H&M, Electrolux – missed forecasts. In Finland, the few companies whose numbers surprised on the upside did so mainly due to cost cuts....
...Leif Johansson has never stepped back from difficult or unpopular deals in a career that has spanned top roles at Volvo, Electrolux and Ericsson in his native Sweden....
...At that moment, Mr Johansson, one of Europe’s most experienced business leaders after spells in charge of Volvo and Electrolux, would have known that AstraZeneca faced a mortal battle if it wanted to preserve...
...shareholder meeting Britvic ● It has been an active month in the drinks sector with two large takeovers: brewer AB-Inbev’s acquisition of South Korea’s Oriental Brewery and Suntory’s takeover in the US of Beam Inc...
...Earnings Banco Popular Espanol FY -€0.29 (€0.16) BBV Argentaria Q4 €0.08 (€0.18) BBVA Banco Francés Q4 N/A 0.93 Bharti Airtel Q3 Rs2.15 (Rs2.66) Caixabank Q4 N/A (€0.07) Chevron Q4 $3 ($2.58) Electrolux...
...In a normal housing market around 55 per cent of Electrolux’s demand comes from replacement of old units....
...As a result, Electrolux’s burgeoning mobile workforce in 60 countries are engaging in ways never seen before....
...The final dividend for Electrolux was kept unchanged at SKr6.50 a share. Shares in Electrolux rose 2 per cent to SKr132.70 on Thursday....
...Speaking recently to the annual meeting of Greater Louisville Inc, the city’s chamber of commerce, Mr Immelt reflected that all the warm feelings about GE’s job creation would count for nothing if he could...
...Sweden’s Electrolux is going shopping....
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