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Swedish appliance maker Electrolux (ELUXY.PK +7.1%) soars on strong earnings thanks to price...

Swedish appliance maker Electrolux (ELUXY.PK +7.1%) soars on strong earnings thanks to price increases in North America. "The (U.S.) is probably past the bottom of a home-building slump," says the CEO. Whirlpool (WHR +7.5%) - which reports tomorrow - also flies on the news.
Comments (1)
  • I am thinking loud. "The (U.S.) is probably past the bottom of a home-building slump," now. But what happens when we no longer can afford 1.xx trillion dollar of deficit spending etc. or the next slump arrives since we are 4 + years into the expansion cycle?
    25 Apr 2012, 10:09 AM Reply Like
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