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Stock Market & Financial Investment News

News Breaks
August 21, 2014
07:50 EDTWHR, ELUXMajor appliance demand decelerating, says Longbowx
Longbow's North American industry checks indicate major applicance demand had declerated form June/July promotional peaks, indicating a rapid deceleration in the Core 6 category. The firm said the Core 6 categoreis are trending into negative territory following strong July 4th sales event volumes and is hearing laundry sales are particularly weak, and may be by as much as negative double digits. The analyst notes Whirlpool (WHR) is leveraged to laundry sales and, to a lesser extent, AB Electrolux (ELUX).
News For WHR;ELUX From The Last 14 Days
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January 26, 2015
13:02 EDTWHRWhirlpool to use wind turbines to power Ohio facility
Whirlpool Corporation is building on the company's 40 years of commitment to sustainability by using wind energy to power its manufacturing facility located in Findlay, Ohio. Feasibility studies were conducted to ensure responsible siting by assessing any potential impacts of turbine installation, including sound propagation and environmental impact. Construction is scheduled to begin in the Spring and the turbines are expected to be operational beginning in late 2015.

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