×

Consumer Durables and Apparel Household Durables

  • SEOUL, June 28- Samsung Electronics Co Ltd has agreed to open a $380 million home appliance manufacturing plant in the United States, in South Carolina, it said on Wednesday. The South Korean firm had launched talks to build a factory in the United States as worries about protectionist policies under U.S. Commerce Secretary Wilbur Ross said in a statement on...

  • DETROIT, June 20- Whirlpool Corp, the world's largest maker of home appliances, said on Tuesday that Jeff Fettig will step down on Oct. 1 after 13 years as chief executive and will be replaced by the firm's current chief operating officer, Marc Bitzer. "Jeff has done an exceptional job over a long and successful career," said Robert Wetenhall, an analyst at RBC Capital...

  • DETROIT, June 20- Whirlpool Corp, the world's largest maker of home appliances, said on Tuesday that Jeff Fettig will step down as chief executive on Oct. 1 and will be replaced by the firm's chief operating officer, Marc Bitzer.

  • FRANKFURT, June 20- Growth in German sales of robotics and automation equipment, an engine of the country's export-driven economy, is expected to accelerate to 7 percent this year, lifted by demand from foreign manufacturers. Germany exported 57 percent of its robotics and automation equipment last year, with China accounting for 10 percent of sales, making it...

  • FRANKFURT, June 20- Growth in German sales of robotics and automation equipment, an engine of the country's export-driven economy, is expected to accelerate to 7 percent this year, lifted by demand from foreign manufacturers. Germany exported 57 percent of its robotics and automation equipment last year, with China accounting for 10 percent of sales, making it...

  • SHANGHAI, June 20- Foreign investors are betting U.S. index publisher MSCI will finally agree to include China- listed shares in its emerging markets benchmark this week, stepping up their buying of Chinese blue-chips that could gain from inclusion in the index. In May, overseas investors bought a net 19.8 billion yuan of mainland shares via the "Connect" schemes...

  • BERLIN, May 18- Foreign investment in Germany stayed at the same level year-on-year in 2016, Germany's trade and investment agency said on Thursday, despite the economy growing at its fastest rate for five years. The agency said foreign investment created at least 29,000 new jobs in Germany and the number of foreign investors rose 2 percent, with 1,944 new...

  • Cramer Remix: The casino stock to buy if you’re playing your cards safe

    Jim Cramer dealt out his thoughts on the Macau casino stocks and chose his winner of the group.

  • Newell Brands CEO reveals the sticky secret behind the company's blowout quarter

    Jim Cramer sat down with Newell Brands CEO Mike Polk, who identified one viral trend that helped boost earnings.

  • A child playing with slime, the craze boosting glue sales

    Jim Cramer sat down with Newell Brands CEO Mike Polk, who identified one viral trend that helped boost earnings.

  • *Q1 op profit SEK 1.54 bln vs forecast 1.33 bln. STOCKHOLM, April 28- Home appliance maker Electrolux reported a bigger than expected rise in first-quarter earnings on Friday and said it would step up cost-trimming efforts in the face of mounting raw materials prices. The rival of U.S. Whirlpool Corp stuck by its forecast for market demand to grow 2-3 percent in...

  • SHANGHAI, April 26- China stocks extended gains for a second day on Wednesday, as renewed optimism about the U.S. economy and easing concerns about regulatory tightening on the mainland lifted sentiment in global equity markets. "China's deleveraging can only go gradually," Chi Lo, economist at BNP Paribas Investment Partners wrote in a report on Wednesday.

  • SHANGHAI, April 20- China's stock investors are chasing up the country's version of the "Nifty 50" index as their love affair with trendy small caps fades amid a regulatory crackdown on speculation and concerns that the economy may lose momentum later in the year. Now Chinese investors are piling into their approximate counterparts such as home appliance maker...

  • *Newest focus is on southeast and south Asia. LONDON, March 20- Arcelik, the home appliances arm of Turkey's biggest industrial conglomerate Koc Holding, is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on Monday. He forecast "significant demand growth" in southeast Asia and the Indian...

  • LONDON, March 20- Turkish home appliances maker Arcelik is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on Monday. "We think there will be significant demand growth coming from Southeast Asia and the Indian subcontinent," Hakan Bulgurlu told Reuters, citing Indonesia, Vietnam and the...

  • SINGAPORE, March 13- In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home. This year, Voice Labs, a consultancy, expects 24.5 million appliances to be shipped. And several major appliance makers have turned to a small...

  • SINGAPORE, March 13- In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home. This year, Voice Labs, a consultancy, expects 24.5 million appliances to be shipped. And several major appliance makers have turned to a small...

  • SINGAPORE, March 13- In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home. This year, Voice Labs, a consultancy, expects 24.5 million appliances to be shipped. And several major appliance makers have turned to a small...

  • SINGAPORE, March 13- In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home. This year, Voice Labs, a consultancy, expects 24.5 million appliances to be shipped. And several major appliance makers have turned to a small...

  • SINGAPORE, March 13- In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home. This year, Voice Labs, a consultancy, expects 24.5 million appliances to be shipped. And several major appliance makers have turned to a small...