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Stock Market & Financial Investment News

News Breaks
December 18, 2012
14:21 EDTWHRWhirlpool trading higher following industry AHAM shipment data, says Cleveland
Cleveland Research said November Association of Home Appliance Manufacturers, or AHAM, shipments were up 1%, vs expectations of (2%). The analyst said the improvement has been in price and mix, which is key to Whirlpool upside.
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May 9, 2013
12:50 EDTWHRWhirlpool likely to raise FY13 guidance, says Longbow
Longbow's monthly household appliance survey indicates April AHAM Core 6 wholesale shipments growth of +8-9% year-over-year vs previous forecasts of +3%. The firm expects Buy rated Whirlpool to raise FY13 earnings guidance given April results and low raw material cost inflation. As a result, the firm raised Whirlpool's Q2 EPS estimate to $2.56 from $2.36, vs consensus of $2.26, FY13 to $9.90 from $9.70, vs consensus of $9.68, and FY14 to $11.85 from $11.50, vs consensus of $11.33.

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