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  • *Stands by outlook for market growth in Europe, U.S. STOCKHOLM, Feb 24- Appliance maker Electrolux will focus on acquisitions in emerging markets and its lucrative professionals business after its failed bid for GE Appliances, the Swedish firm's new CEO said on Wednesday. Jonas Samuelson, just weeks into the CEO job after his predecessor stepped down when the GE...

  • LONDON, Feb 19- South African furniture company Steinhoff International has made a rival bid to buy Britain's Home Retail, the owner of the Argos group of catalogue-based stores which earlier this month agreed to be bought by supermarkets group Sainsbury's. Steinhoff, which makes furniture mostly in developing countries and sells it to value-conscious...

  • Feb 10- Government tests show some types of laminate flooring sold by Lumber Liquidators Holdings LLC can cause irritation and breathing problems but the risk of cancer from exposure is low, a federal agency said on Wednesday. Lumber Liquidators' sales and shares were hammered after the CBS program "60 Minutes" reported in March last year that the laminates from...

  • WASHINGTON, Feb 10- Government tests show some specific types of laminate flooring made by Lumber Liquidators Holdings LLC could cause irritation and breathing problems, a federal report released on Wednesday showed. The U.S. Consumer Product Safety Commission, which is investigating the issue and made the report public, asked the federal Centers for...

  • Local market leader Hanssem Co Ltd, with sales of more than $1 billion in 2014, saw a 31 percent increase in revenue for the first nine months of 2015 and a doubling in its share price for the year as it opened 27 of its larger stores in 2014 and 2015. Shinsegae Co Ltd's Jaju chain opened 10 stores in 2015, bringing its total to 149.. Swedish giant IKEA, whose single...

  • The world's largest maker of home appliances said net earnings rose to $180 million, or $2.28 per share, in the fourth quarter ended Dec. 31, from $81 million, or $1.02 per share, a year earlier. Whirlpool said ongoing business earnings rose to $4.10 per share from $3.52. Net sales fell 7.4 percent to $5.56 billion.

  • *Sees demand growing in 2016 in Europe and N.America. STOCKHOLM, Jan 28- A failed attempt to buy General Electric's white goods business pushed Sweden's Electrolux into the red in the fourth quarter of 2015 and left the home appliances maker casting around for an alternative strategy. Electrolux will seek to regroup under new Chief Executive Jonas Samuelson,...

  • *Q4 op loss SEK 202 mln vs forecast 300 mln loss. *Sees demand growth in 2016 in Europe and N America. STOCKHOLM, Jan 28- Sweden's Electrolux skidded to a loss in the fourth quarter, suffering a hangover from the collapsed purchase of General Electric's white goods business that has left the home appliances maker needing a strategy reboot.

  • FRANKFURT, Jan 21- German lighting group Osram is convinced large shareholders will warm to its new strategy of expanding in the general LED lighting market, it said on Thursday. Osram, the only global company left that focuses solely on lighting, saw its shares plunge in November after it announced a surprise 1 billion-euro investment in a new LED semiconductor...

  • Jan 19- Department store operator J.C. The chain will sell kitchen and laundry appliances in a range of price points from GE, Hotpoint, LG Electronics Inc and Samsung Electronics in 22 pilot stores starting Feb. 1. "The introduction of major appliances will help us continue to significantly improve sales and gross profit per square foot in our home department,"...

  • Jan 15- General Electric Co said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push to sell its non-core assets and project itself as a technology company. The deal comes weeks after GE walked away from a deal to sell the business to Sweden's Electrolux for $3.3 billion, following months of opposition from...

  • A Sears customer shops near General Electric appliances in Schaumburg, Illinois, September 8, 2014.

    Chinese appliance maker Haier is buying General Electric's appliance unit for $5.4 billion to expand its global presence.

  • WASHINGTON, Dec 16- Whirlpool Corp filed a complaint with the U.S. International Trade Commission on Wednesday against what it said were cheap imports of washing machines from China, which could end in duties on goods made by companies including Samsung Electronics and LG Electronics. In 2012, the United States slapped duties on washers from South Korea and...

  • STOCKHOLM, Dec 7- Shares in Sweden's Electrolux slumped more than 10 percent on Monday after a $3.3 billion deal to buy General Electric's appliance business fell through. But the U.S. Department of Justice said the deal would reduce competition and drive up prices, and asked a federal court in July to stop it from going ahead. "It is a major disappointment for...

  • WASHINGTON, Dec 2- AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes...

  • Employees pack boxes of SodaStreams at the factory in the West Bank Jewish settlement of Maale Adumim.

    The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.

  • Japan's households opened their wallets a bit wider than expected in May, with household expenditures jumping for the first time in more than a year.

  • Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.

  • An employee works on a Whirlpool washing machine at the company's operations plant in Clyde, Ohio.

    Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.

  • A customer talks to a sales associate in front of a row of Whirlpool washing and drying machines.

    Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.