Electrolux digs in for the long haul

AB Electrolux of Sweden will today open its front-loading washing-machine factory in Rayong, its first plant in Southeast Asia, one of the firm’s fastest-growing markets. Along with its washing-machine and refrigerator factories in China, Electrolux hopes the Rayong plant will strengthen the firm…

Gossip turns Comet group Kesa into a star performer

IT HAS not been everyone’s cup of tea since demerging from Kingfisher in July – because of its heavy gearing towards the French economy and the euro – but Kesa Electricals was certainly in the spotlight yesterday. The Comet-to-Darty electrical retailing group jumped 16p to a peak of 254p on persi…

Dixons upgraded to ”buy”

LONDON, November 24 (New Ratings) ““ Analyst Geoff Ruddell of Deutsche Bank upgrades Dixons (DXNS.L) from “hold” to “buy,” while raising his estimates for the company. The target price is set to 140p.