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Stock Market & Financial Investment News

News Breaks
March 18, 2014
10:28 EDTSODA, WHRKitchenAid introduces SodaStream-powered sparkling drink maker
Whirlpool's (WHR) KitchenAid brand announced its entry into the home carbonation category with the introduction of the Sparkling Beverage Maker, a countertop soda maker developed in collaboration with SodaStream International (SODA). Available starting in June, it will carry a suggested retail price of $249.99.
News For SODA;WHR From The Last 14 Days
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October 22, 2014
10:01 EDTWHRWhirlpool names Michael Todman, Marc Bitzer as vice chairmen
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October 21, 2014
10:50 EDTSODASodaStream long idea reiterated by Tilson at Robin Hood, Bloomberg reports
October 14, 2014
12:35 EDTWHRWhirlpool completes purchase of majority interest in Indesit
Whirlpool Corporation's wholly owned subsidiary, Whirlpool Italia Holdings S.r.l., acquired a 56% stake in Indesit Company S.p.A., representing 61.9% of the voting stock of Indesit. Whirlpool acquired the shares under two share purchase agreements entered into on July 10 with Fineldo S.p.A. and members of the Merloni family. The acquisitions bring Whirlpool's stake in Indesit to 60.4%, representing 66.8% of the voting stock. Whirlpool Italia Holdings S.r.l. will now commence the steps to launch a mandatory tender offer for the remainder of Indesit's outstanding shares, with the intention to delist the company. The tender offer purchase price per share is equal to EUR 11.00/$13.89, based on exchange rates as of September 30. This price is equal to the share purchase price agreed to by the parties under the share purchase agreements and which was paid without adjustment. Additional information will be provided in the tender offer statement to be issued by Whirlpool Italia Holdings S.r.l. in compliance with Italian law.
October 13, 2014
12:16 EDTWHREuropean Commission approves Whirlpool acquisition of Indesit
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10:08 EDTWHROn The Fly: Analyst Upgrade Summary
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06:47 EDTWHRWhirlpool upgraded to Buy from Neutral at Longbow
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October 10, 2014
06:49 EDTWHRWhirlpool risks from Sears exposure overstated, says BofA/Merrill
BofA/Merrill said Whirlpool (WHR) concerns from Sears (SHLD) exposure are overdone and notes total revenues from Sears are approximately 9% of North American revenues. Shares are Buy rated.

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