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Electrolux sees extra U.S. costs hitting fourth quarter earnings

STOCKHOLM (Reuters) – Appliance maker Electrolux AB (ELUXb.ST) said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in Sou... More »

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Electrolux buys Anova to tap into connected products growth

The Electrolux logo is seen during the IFA Electronics show in Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke/File Photo Swedish home appliance maker Electrolux said on Monday it was buying precision cooker maker Anova in the United States as it ... More »