My Microwave Blog

Bloomberg – Indesit Company SpA (IND IM): The Italian white-goods maker may gain after Il Messaggero reported Italy is extending tax incentives for energy-efficient home appliances like refrigerators. New energy-efficient appliances qualify for tax deductions of
Source: www.bloomberg.com

Prep basketball, college basketball, NFL, bowling
Toledo Blade – Indesit Rankings 1, Roger Federer, Switzerland, 7180. 2, Rafael Nadal, Spain, 5735. 3, Novak Djokovic, Serbia, 4470. 4, Nikolay Davydenko, Russia, 2825. 5, David Ferrer, Spain, 2750. 6, Andy Roddick, United States, 2530. 7, Fernando Gonzalez, Chile
Source: www.toledoblade.com

Milan shares TFN at a glance outlook
CNBC – 2008 (8.30 am) -Energy conference in Rome (9.00 am) -Pirelli press conference with chairman Tronchetti Provera (11.30 am) TODAY’S PRESS -Mancuso to resign soon as chairman of UniCredit’s Banco di Sicilia (Repubblica) -Indesit
Source: www.cnbc.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

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

Italian Stocks Rise; Generali, Mediobanca, Telecom Italia Gain
Bloomberg – Indesit Co. (IND IM) rose 45.8 cents, or 3.9 percent, to 12.33 euros. Europe’s No. 3 home-appliance maker said third- quarter profit rose 49 percent to 34 million euros. The Milan- based company raised its full-year sales growth target to at least 5
Source: www.bloomberg.com

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

Milan shares close lower; industrial stocks among main losers
CNBC – Indesit rose 0.88 pct to 9.175. Yesterday’s results were in-line, while the company reiterated plans for international expansion. Recordati lost 1.35 pct to 5.63. Tiscali was up 23.09 pct to 1.983 on bid speculation. The company said it has not
Source: www.cnbc.com

Indesit Sales Will Rise 5% This Year, Merloni Tells Corriere
Bloomberg – Nov. 20 (Bloomberg) — Indesit Co. will boost sales 5 percent this year as revenue outside its home market rises, Vittorio Merloni, chairman of the home-appliance maker, said in an interview with Corriere della Sera. Net income will be “in line
Source: www.bloomberg.com

China’s Changhong pulls out of Little Swan bidding
Reuters – Italy’s Indesit (IND.MI: Quote , Profile , Research ) has been considering whether to bid, a source close to the matter told Reuters last month. Little Swan’s last share price of 21.90 yuan, up over fourfold since the start of last year, valued the
Source: www.reuters.com

Milan shares TFN at a glance outlook
CNBC – forecast 65.535-68.678 bln eur -Recordati preliminary FY; forecast net 83-84 mln eur -Recordati conference call (5.00 pm) -Parmalat preliminary FY, forecast EBITDA 365-372 mln eur -Parmalat conference call (6.00 pm) -Indesit
Source: www.cnbc.com

Concern but no panic over euro
Tehran Times – Vittoria Merloni, chairman of Indesit, Europe s second largest maker of household appliances, said: A super euro up against an ever weaker dollar is certainly worrying, even if in this monetary mechanism it’s always possible to pick out
Source: www.tehrantimes.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

Italian Economy Expands on Consumer Spending (Update1)
Bloomberg – Indesit SpA, Europe’s third-largest home-appliance maker, boosted third-quarter profit 49 percent and also raised its full-year profit targets. The prospects of higher interest rates may also weigh on growth in the coming months. The
Source: www.bloomberg.com

Euroshares lower midday, caution ahead of BoE, ECB; Wall St headed for
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

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