Tag: $LG Electronics

LG electronics preliminary earnings miss street views

LG Electronics forecast third-quarter operating profit well below market estimates amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year.

LG is sending free stickers to 500,000 customers who bought its recalled stove that caused 28 house fires

LG is recalling 500,000 electric ranges that have been involved in at least 28 fires and caused several injuries. However, customers who comply aren’t receiving refunds or exchanges — they’re getting stickers.