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UPDATE 2-Electrolux shares hit record after profit beat and upbeat outlook

2015-01-28 22:16:51| Appliances - Topix.net

Home appliances maker Electrolux AB has raised its growth forecast for European markets this year after cost cuts powered it to a bigger than expected rise in quarterly earnings, sending its shares to a record high. The Sweden-based group, which makes fridges and dish washers under brands such as AEG and Zanussi as well as its own name, saw cost cuts in 2014 from years of plant closures kick in to fortify earnings amid tepid demand outside a firmly expanding U.S. market.

Tags: record hit update profit

 

Electrolux's strong earnings boost shares to record on Scandinavian market

2015-01-28 17:56:53| Appliances - Topix.net

Electrolux AB, which has its North American headquarters in Charlotte, posted a $117 million profit in the fourth quarter, swinging from a $120 million loss a year earlier.

Tags: market record strong shares

 
 

Jim Cramer Shares His Thoughts On Chevron, 3D Systems And AK Steel

2015-01-28 14:40:16| Steel - Topix.net

Jim Cramer said on CNBC's Mad Money that he would wait for Chevron Corporation to report earnings before buying the stock. He is concerned that there are still some uninformed people who are going to have to cut estimates for the company.

Tags: systems steel jim thoughts

 

Apple results boost Arm shares

2015-01-28 10:24:46| BBC News | Business | UK Edition

Shares in chip designer Arm Holdings rise as the company is boosted by news of Apple's record quarterly profit.

Tags: results apple arm shares

 

Asian shares lower on US earnings

2015-01-28 03:22:45| BBC News | Business | UK Edition

Asian shares traded lower on Wednesday with markets tracking losses on Wall Street on Tuesday.

Tags: lower asian shares earnings

 

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