New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 7, 2012
13:26 EDTWHRWhirlpool CEO says housing rebound to boost sales over 3-5 years, CNBC reports
Whirlpool (WHR) CEO Jeff Fettig says he believes that a U.S. housing market rebound, as well as consumers' need to replace old appliances will boost sales over the next three to five years, CNBC reports. Fettig does warn that any increase in taxes that erodes disposable income could pressure consumers more, and they may continue to delay purchases of new appliances. Reference Link
News For WHR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 4, 2015
14:22 EDTWHRKeurig responds to speculation, says Sullivan still with company
Keurig Green Mountain (GMCR), in response to speculation about changes to its R&D and Engineering teams, stated: “Kevin Sullivan, formerly Keurig’s Chief Technology Officer, remains with the company and has no plans to leave. Over the past 15 months, Kevin and Brian Kelley, Keurig’s President and CEO, have been working closely together to shift Kevin’s responsibilities at his request. Kevin will now focus exclusively on critical technology initiatives for the company. In April 2015, following a comprehensive search to find the best candidate to serve as Keurig’s Chief Technology Officer, Mark Choe assumed the position, joining Keurig from Whirlpool Corporation (WHR). Since Mark began in his role, he and Kevin have been working closely together to ensure a seamless transition. There has been no shake-up in our R&D division.”
11:48 EDTWHRKeurig Green Mountain slips amid executive changes
Subscribe for More Information
11:41 EDTWHRWhirlpool added to Best Ideas List at Longbow
Subscribe for More Information
May 1, 2015
16:31 EDTWHRMarket ends week lower as Apple, Twitter pull back after earnings
Subscribe for More Information
April 29, 2015
08:33 EDTWHRWhirlpool files automatic mixed securities shelf
Subscribe for More Information
April 28, 2015
17:00 EDTWHROn The Fly: Top stock stories for Tuesday
Subscribe for More Information
10:18 EDTWHRWhirlpool says Brazil macro enviroment weakened rapidly in Q1
Subscribe for More Information
10:14 EDTWHRWhirlpool expects to expand margins in 2H
Subscribe for More Information
09:52 EDTWHRWhirlpool falls sharply after results, levels to watch
Shares are down over 6% to $185.37 at time of writing. At that price, next support is at $183.36. Resistance is at $187.43. The company lowered its FY15 EPS view to $9.00 to $10.00 from a prior range of $10.75 to $11.75
08:46 EDTWHROn The Fly: Pre-market Movers
Subscribe for More Information
06:10 EDTWHRWhirlpool lowers FY15 EPS view to $9.00-$10.00 from $10.75M-$11.75
Subscribe for More Information
06:07 EDTWHRWhirlpool reports Q1 EPS $2.38, consensus $2.34
Subscribe for More Information
April 24, 2015
08:48 EDTWHRWhirlpool volatility increases into Q1 and outlook
Whirlpool May call option implied volatility is at 30, June is at 25, September is at 24; compared to its 26-week average of 27 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 28.
April 21, 2015
17:19 EDTWHRWhirlpool sees $144M in restructuring costs for Italy operations
In a regulatory filing, Whirlpool reports that on April 15, it committed to an industrial plan for Italy to integrate its legacy Italian operations with those of Indesit. These actions are expected to result in the closure of a manufacturing facility in Carinaro and R&D facility in None; the integration of a manufacturing facility in Albacina into a facility in Melano; and certain other headcount reductions in manufacturing facilities in Fabriano, Comunanza and Naples. The company expects that approximately 1,350 full-time positions, most of which were deemed redundant by Indesit prior to the acquisition, will be impacted by these actions. The company expects these actions to be substantially complete in 2018. The company estimates that it will incur up to approximately $101M in employee-related costs, $27M in asset impairment costs, and $16M in other costs in connection with these actions. The company estimates that it will incur a total of approximately $144M in costs as itemized above through 2018 in connection with these actions. The company estimates that approximately $118M of the estimated $144M total cost will result in future cash expenditures. The company has previously reported anticipated restructuring charges of up to $300M for FY15. The actions outlined above are expected to fall within these anticipated charges.
05:12 EDTWHRWhirlpool raises quarterly dividend to 90c per share from 75c per share
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use