Q1 2024 Amalgamated Bank Earnings Call
Electrolux, the world's second-biggest appliances maker, reported on Friday a bigger increase than expected in operating loss for the first quarter as weak market demand hurt sales volumes. The Swedish group said the operating loss grew to 720 million crowns ($66.2 million) from a year-earlier loss of 256 million, against the 761 million loss expected on average by analysts polled by LSEG.
The video sharing app faces being banned in the US unless it severs ties with its Chinese parent.