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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
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August 26, 2014
07:49 EDTWHRWhirlpool has potential upside to 2015 EPS estimates, says KeyBanc
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August 21, 2014
07:50 EDTWHRMajor 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).

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