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Thank goodness for Electrolux AB's Americas market.
Appliance sales in North and South America, which account for half of the Swedish company's total sales, propelled Electrolux to a 32 percent jump in earnings to $46 million in the fourth quarter.
However, that fell short of the earnings expected by analysts surveyed by Bloomberg. Shortly before financial markets closed Friday, Electrolux shares were trading at $48.96, down 7.8 percent from Thursday's closing price.
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