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Stock Market & Financial Investment News

News Breaks
October 22, 2013
11:23 EDTWHR, GE, SSNLF, ELUXY, SHLD, HGG, HD, LOW, BBYWhirlpool rallies after raising full year profit outlook
Shares of appliance manufacturer Whirlpool (WHR) are rallying after the company raised its full year profit outlook. WHAT'S NEW: This morning, Whirlpool reported third quarter adjusted EPS of $2.72 and revenue of $4.7B. This compared to analysts’ consensus estimates of $2.61 and $4.74B, respectively. WHAT’S NOTABLE: The company raised its fiscal 2013 adjusted earnings view to $9.90-$10.10 from $9.50-$10.00, versus consensus of $9.97. The company’s full-year diluted earnings per share guidance was increased to $10.45-$10.65 compared to the previous range of $10.05-$10.55. The company now expects full-year 2013 U.S. industry unit shipments to increase by approximately 9%. PRICE ACTION: In late morning trading, Whirlpool rose about 9% to over $143 per share on nearly twice its average daily trading volume. OTHERS TO WATCH: Whirlpool's competitors in the appliance space include General Electric (GE), Samsung (SSNLF), Electrolux (ELUXY) and LG. Appliances retailers include Home Depot (HD), Lowe's (LOW), Sears (SHLD), Best Buy (BBY) and hhgregg (HGG).
News For WHR;GE;SSNLF;ELUXY;SHLD;HGG;HD;LOW;BBY From The Last 14 Days
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September 9, 2014
08:37 EDTSSNLFBarnes & Noble's NOOK launched first co-branded tablet with Samsung
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08:33 EDTHDHome Depot customers not acting strongly to breach, says Jefferies
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07:29 EDTSSNLFUBM Canon to hold a summit
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06:25 EDTGE, ELUXYGeneral Electric to focus on finance, industrial equipment, WSJ reports
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06:20 EDTSSNLFForrester: Apple could sell 10M iWatches this year, FT reports
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05:22 EDTELUXYElectrolux AB downgraded to Neutral from Buy at UBS
September 8, 2014
16:46 EDTHDHome Depot confirms payment data systems breach
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16:44 EDTHDHome Depot confirms payment data systems breach
12:29 EDTHDHome Depot victim of same malware that hit Target, Krebs reports
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12:18 EDTGE, ELUXYOn The Fly: Midday Wrap
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11:04 EDTGEGeneral Electric to host investor meeting
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08:32 EDTSSNLFImmersion announces license with Samsung printing solutions
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08:18 EDTELUXY, GEElectrolux sees GE Appliances transaction accretive to EPS in year one
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08:03 EDTGEGeneral Electric, Accenture launch Intelligent Pipeline Solution
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07:35 EDTSSNLFAmazon mulls Fire phone UK exclusively deal with O2, FT says
In an effort to rival Apple (AAPL) and Samsung (SSNLF) in the premium smartphone industry, Amazon (AMZN) is in final-stage discussions to sell its new Fire smartphone exclusively through Telefonica’s (TEF) O2 throughout the UK, reported the Financial Times. Reference Link
06:25 EDTGEAlstom unit accused of bribing officials EUR6M to win contracts, FT reports
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06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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05:32 EDTGE, ELUXYGeneral Electric to sell appliances business to Electrolux AB for $3.3B
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05:29 EDTELUXY, GEGeneral Electric to sell appliances business to Electrolux AB for $3.3B
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September 7, 2014
15:52 EDTGEGE's oil and gas unit set to outpace industry growth, Reuters says
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