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Stock Market & Financial Investment News

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March 14, 2014
06:38 EDTWHRWhirlpool to invest $40M in Greenville, Ohio plane expansion, WSJ reports
Whirlpool plans to expand its capacity at its Greenville, Ohio plant than makes KitchenAid mixers by more than 75%, reports the Wall Street Journal. The company will spend $40M to expand the plan to 460,000 square feet to keep up with the growing demand. Employment at the plant is expected to rise to about 1,400 in 2018 from 1,000 now. Reference Link
News For WHR From The Last 14 Days
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September 1, 2015
06:03 EDTWHRWhirlpool confirms approach regarding possible offer for AGA
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06:02 EDTWHRAGA Rangemaster says receives approach for possible offer from Whirlpool
AGA Rangemaster announces that it has received an approach regarding a possible cash offer for the company from Whirlpool Corporation. The announcement of a firm offer by Whirlpool is subject to the satisfaction or waiver of a number of conditions including due diligence. In accordance with its obligations under the UK Takeover Code, the company has granted due diligence access to Whirlpool and is in discussions with Whirlpool regarding other aspects of the Possible Offer. Given the conditionality of the Whirlpool offer, the Board of AGA believes it is in the best interests of AGA Shareholders, taken as a whole, to ensure that the Middleby Transaction continues to be executed on the current timetable to avoid any delay to completion of that transaction should a firm offer from Whirlpool not be forthcoming. Accordingly, the Board of AGA continues to recommend the offer made by Middleby to AGA Shareholders.
05:57 EDTWHRWhirlpool volatility at upper end of range
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