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Electrolux AB Q3 2007 Earnings Call TranscriptOct. 23, 2007
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Mon, Aug. 18, 6:36 PM
- Around the time GE was closing a deal to buy Alstom's power business in France, the company was already discussing the possibility of selling its U.S. appliance business to Electrolux (OTC:ELUXF, OTCPK:ELUXY), and WSJ says the length of the courtship indicates the talks may be further along than thought.
- GE's Appliance and Lighting unit reported $381M in profit in 2013 on sales of $8.3B, making it the third-smallest of GE's seven industrial business lines by revenue, but that also makes it a prime target for sale as GE tries to pare low-margin businesses and focus its efforts on such heavy industrial products as jet engines, power turbines and oil industry equipment.
- LG Electronics and Samsung also are said to be in the mix of possible buyers, and Quirky Inc. reportedly has teamed up with Blackstone to work on a possible bid.
Jul. 12, 2013, 6:53 AMIt's not just early access to the Thomson-Reuters/University of Michigan consumer-sentiment survey that has been available for a costly fee, it's possible to buy exclusive access to a swathe of other market-moving reports. These include: Informa Economics' $30,000-70,000 a year crop surveys; the $1,500 Bedding Barometer on mattress sales, which can affect Tempur Sealy (TPX); and the Association of Home Appliance Manufacturers' monthly shipment figures, available for $600 and relevant for GE (GE), Whirlpool (WHR) and Electrolux (ELUXF.PK). | 10 Comments
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ELUXF vs. ETF Alternatives
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year.<br /><br />The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to... More
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