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View all search resultsBang-Olufsen
Business 6 years ago
Bang & Olufsen soars after chairman says he’s ready to sell
It’s not clear that B&O, which is based in western Denmark, has any potential suitors, but the comments by Chairman Ole Andersen to the Borsen newspaper were initially embraced by investors, who drove the stock up as much as 15 percent after the market opened in Copenhagen on Friday. As investors took a bit more time to think, B&O’s gains petered out, and the shares were about 2 percent higher after roughly an hour of trading.
Business 8 years ago
Bang & Olufsen shares rise to 10-year high on surge in revenue
Bang & Olufsen soared to its highest level in a decade after the luxury hi-fi producer reported second-quarter sales that beat estimates and raised its full-year earnings forecast amid demand for high-end headphones and portable speakers.
