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Electrolux Brands
Electrolux AB () is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool. Electrolux products are sold under a variety of brand names (including its own), and are primarily major appliances and vacuum cleaners intended for home consumer use. Electrolux has a primary listing on the Stockholm Stock Exchange and is a constituent of the OMX Stockholm 30 index. History The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances. Electrolux made an initial public offering on the London Stock Exchange in 1928 (it was delisted in 2010) and another on the Stockholm Stock Exch ...
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Prophet (company)
Prophet is an integrated growth consulting firm that specializes in strategy, transformation, innovation, branding, marketing, and design. The firm is headquartered in San Francisco and has offices in the United States, Europe, and Asia. The firm is best known for BP's Beyond Petroleum strategy and T-Mobile's "Un-carrier" positioning. History Prophet was founded in 1992 by Scott Galloway and Ian Chaplin, both graduates of the University of California, Berkeley's Haas School of Business. In 1998, Michael Dunn was named company president. Around the same time, author and consultant David Aaker began working with Prophet. Aaker currently serves as the company's vice chairman. Dunn was named chief executive officer in 2000. He is currently the firm's chairman and CEO. Prophet's annual revenue has grown to approximately $125 million with over 500 employees worldwide. Acquisitions In early 2009, Prophet acquired Richmond, Virginia-based Play, a creativity and innovation compan ...
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Electrolux Logo
Electrolux AB () is a Swedish Multinational corporation, multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool Corporation, Whirlpool. Electrolux products are sold under a variety of brand names (including its own), and are primarily major appliances and vacuum cleaners intended for home consumer use. Electrolux has a primary listing on the Stockholm Stock Exchange and is a constituent of the OMX Stockholm 30 index. History The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances. Electrolux made an initial public offering on the London Stock Exchange in 1928 (it was delisted ...
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Over-the-counter (finance)
Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed. OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivatives of such products. Products traded on traditional stock exchanges, and other regulated bourse platforms, must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in stock exchange-based equities trading. The OTC market does not have this limitation. Parties may ...
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Delisted
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and as a ...
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London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Lurelle Guild
Lurelle Van Arsdale Guild (1898–1985) was an architect, industrial designer, and interior designer. Born in Syracuse, New York, Guild studied painting at Syracuse University, graduating in 1920. He initially worked as an illustrator and writer before founding Lurelle Guild Associates in 1928. In 1944, Guild became a founding member of the Society of Industrial Designers in New York.Gordon, John Stuart. (2011). '' A modern world: American design from the Yale University Art Gallery 1920–1950)'', (pp. 109, 127, 232, 234, 237, 296, 299, 331, 410). Yale University Art Gallery and Yale University Press. Retrieved January 2, 2017. Guild's clients included Alcoa, Aluminum Cooking Utensil Company, Chase Brass & Copper Company, Electrolux, Heywood-Wakefield, International Silver Company, Kensington, Inc., Pullman Company, Revlon, and the Scranton Lace Company. Background Guild's designs are held in several museum collections. The Carnegie Museum of Art in Pittsburgh includes Guild de ...
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OMX Stockholm 30
The OMX Stockholm 30 (OMXS30) is a stock market index for the 30 most traded stocks on the Nasdaq Stockholm stock exchange. It is a price return and capitalization-weighted index A capitalization-weighted (or cap-weighted) index, also called a market-value-weighted index is a stock market index whose components are weighted according to the total market value of their outstanding shares. Every day an individual stock's .... The OMXS30 index started on 30 September 1986 with a base value of 125 and it is reconstituted and rebalanced semi-annually on the first trading day in January and July. The original name of the index was just OMX, but it was changed to OMXS30 on 15 November 2004. On 15 April 2008, Nasdaq launched a total return version of the OMX Stockholm 30 index, the OMX Stockholm 30 Gross Index (OMXS30GI). Unlike the regular OMXS30 index, the OMXS30GI includes reinvested dividends. Index composition OMX Stockholm 30 index composition as of 3 February 2025. Co ...
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Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange (), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electronic trading on 1 June ...
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Vacuum Cleaner
A vacuum cleaner, also known simply as a vacuum, is a device that uses suction, and often agitation, in order to remove dirt and other debris from carpets, hard floors, and other surfaces. The dirt is collected into a dust bag or a plastic bin. Vacuum cleaners, which are used in homes as well as in commercial settings, exist in a variety of sizes and types, including stick vacuums, handheld vacuums, upright vacuums, and canister vacuums. Specialized shop vacuums can be used to clean both solid debris and liquids. Name Although ''vacuum cleaner'' and the short form ''vacuum'' are neutral names, in some countries (UK, Ireland) '' hoover'' is used instead as a genericized trademark, and as a verb. The name comes from the Hoover Company, one of the first and most influential companies in the development of the device. In New Zealand, particularly the Southland, New Zealand, Southland region, it is sometimes called a ''lux'', likewise a genericized trademark and used as a verb. The ...
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Major Appliance
A major appliance is a non-portable or semi-portable machine used for routine housekeeping tasks such as cooking, washing laundry, or food preservation. Such appliances are sometimes collectively known as white goods, as the products were traditionally white in color, although a variety of colors are now available. An appliance is different from a plumbing fixture because it uses electricity or fuel. Major appliances differ from small appliances because they are bigger and not portable. They are often considered fixtures and part of real estate and as such they are often supplied to tenants as part of otherwise unfurnished rental properties. Major appliances may have special electrical connections, connections to gas supplies, or special plumbing and ventilation arrangements that may be permanently connected to the appliance. This limits where they can be placed in a home. Since major appliances in a home consume a significant amount of energy, they have become the objective ...
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