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Stock Market & Financial Investment News

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May 16, 2014
06:37 EDTELUXYElectrolux signs deal with Italy to save jobs, protect sites, Reuters says
The Italian government signed a deal with Electrolux to save the company's four sites in northern Italy and protect the 6K people who work there in exchange for tax breaks and union concessions, according to Reuters, citing comments from Industry Minister Federica Guidi. Reference Link
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July 15, 2014
13:23 EDTELUXYU.S. major home appliance shipments rose 11.3% in June, Bloomberg reports
The Association of Home Appliance Manufacturers reported that U.S. shipments of major home appliances rose 11.3% in June to 7.51M units, Bloomberg reports. Shipments of washers, dryers, dishwashers, refrigerators, freezers, ranges and ovens rose 7.9% to 4.4M units.

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