Originally printed 25/10/2003 Dixons came under pressure yesterday as the electrical goods retailer found itself haunted by the spectre of rising interest rates on one side and the target of bearish remarks from analysts on the other.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
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STRIKE THREAT LOOMS AT MERLONI
Seven-hundred workers at a North Staffordshire factory hit by a pay dispute have voted in favour of industrial action. Workers at Merloni UK, in Blythe Bridge, have imposed a work to rule from today and an overtime ban will start on Monday. Further talks at the former Creda factory were held toda…
Company brings Internet-oven technology to region
A Cleveland, Ohio, company that’s developing appliances that can be controlled through the Internet is setting up a software development office here that will be staffed by 10 employees.
Service Management Europe Show
Service Management Europe 2003 takes place on the 11th-13th November 2003 at the NEC, Birmingham.
Contract Offers
Have been placed in the Trade Forums in the “Work & Vacancies” section for a two manufacturers seeking service and/or installation agents.
Legal threat to ScottishPower
ScottishPower is one of a number of parties which may find itself being sued in the wake of the collapse of warranty insurer Powerplan.
Whirlpool Profit Up, Short of Estimates
ATLANTA (Reuters) – Home appliance maker Whirlpool Corp. on Wednesday said its third-quarter profit rose 4 percent, boosted by purchases of its higher-priced laundry and kitchen products.
Whirlpool Corp. Reports 2003 Third-Quarter Results
Cites Strong Sales in North America & Europe BENTON HARBOR, Mich.–(BUSINESS WIRE)–Oct. 22, 2003–Whirlpool Corporation (NYSE:WHR) today announced third-quarter 2003 net earnings of $105 million, or $1.48 per diluted share, compared to $101 million, or $1.46 per diluted share, in the same pe…
Electrolux ”hold”
LONDON, October 21 (New Ratings) – Analysts at Dresdner Kleinwort Wasserstein reiterate their “hold” rating on Electrolux (ELX). The target price is set to SEK177.
Electrolux posts lower 3rd-quarter profit
STOCKHOLM, Sweden — Electrolux AB, the world’s largest maker of household appliances, posted a 38 percent decline in third-quarter profit largely because of a drop in demand and fluctuating exchange rates.