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CNBC – Other companies reporting this morning include GlaxoSmithKline, Legrand, EDF Energies Nouvelles, GFI Informatique, Maurel et Prom, Hermes International, Recordati, Indesit, BG Group and Neste Oil, Norske Skog and M-Real, Skanska, Skandinaviska
Source: www.cnbc.com
Milan shares lower at midday led by Fastweb
Forbes – Indesit lost 2.83 pct to 11.87 after Electrolux released third-quarter results and said that its full-year outlook is now more uncertain because of the risk for further decline in the US appliance market, continued raw material cost increases and
Source: www.forbes.com
Milan shares close higher in late Wall Street rally, led by Autogrill
CNBC – Indesit rose 0.80 pct to 9.485 on the same factor and after peer Electrolux reported results above expectations. Utilities rebounded on their defensive properties and firm dividend yields. Snam Rete Gas gained 2.36 pct to 4.5425 and A2A was up 2.59 pct
Source: www.cnbc.com
China’s Changhong eyes 24 pct stake in Little Swan
Reuters – Little Swan’s state-owned parent is selling the stake, which has also attracted the interest of Italy’s Indesit (IND.MI: Quote , Profile , Research ), a source close to the matter told Reuters last week. “We intend to develop our washing machine business
Source: www.reuters.com
Ingres Addresses Customer Demand Through Services Acquisitions in EMEA
PR Newswire – designed, built, integrated and enhanced Ingres systems and packaged applications for customers such as the Office of the Revenue Commissioners (Ireland), responsible for administering government-imposed taxes in the Republic of Ireland; and Indesit
Source: sev.prnewswire.com
Time for Awards
Warsaw Voice – Indesit Company Polska received an award for the largest number of new jobs. The company has created more than 1,300 new jobs in d province where it is one of the largest employers. The company’s two factories in d that make refrigerators
Source: www.warsawvoice.pl
Italy’s Indesit eyes Little Swan stake – source
Reuters – MILAN, Jan 25 (Reuters) – Italy’s Indesit is considering making a bid for a stake in Chinese washing machine maker Wuxi Little Swan after news that Swan’s main shareholder was planning to sell it, a source close to the matter said on Friday. Indesit
Source: www.reuters.com
Latest Share Chat
Life Style Extra – Other companies reporting this morning include GlaxoSmithKline, Legrand, EDF Energies Nouvelles, GFI Informatique, Maurel et Prom, Hermes International, Recordati, Indesit, BG Group and Neste Oil, Norske Skog and M-Real, Skanska, Skandinaviska
Source: www.lse.co.uk
Indesit sees 2008 market sales volumes up 0.5 pct, retail prices up 1
CNBC – MILAN (Thomson Financial) – Indesit Company SpA said it sees sales volumes rising 0.5 pct in 2008 in the main markets where it operates, while retail market prices will rise 1.0 pct. In a slide presentation, the company said western Europe sales
Source: www.cnbc.com
Headed for a Record
Warsaw Voice – The biggest projects this year have included an Indesit household appliance factory in Radomsko, central Poland, and a Toshiba LCD television plant in Kobierzyce near the southwestern city of Wroc aw. Poland is attractive to investors because it has
Source: www.warsawvoice.pl
Italian Stocks Gain, Led by STMicroelectronics, Prysmian, Fiat
Bloomberg – Indesit Company SpA (IND IM) gained 24 cents, or 2.8 percent, to 8.84 euros after Il Messaggero reported that Italy is extending tax incentives for energy-efficient home appliances such as refrigerators. New energy-efficient appliances qualify for
Source: www.bloomberg.com
Hotpoint jobs are ’safe’ despite closure scare
Peterborough Evening Telegraph – Concerned workers called The ET to say the 1,400 jobs may be at risk at the site in Morley Way, Woodston, where Hotpoint and Indesit refrigeration products are manufactured. The site is also home to Hotpoint’s parent firm Indesit Company’s national
Source: www.peterboroughtoday.co.uk
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