Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Whirlpool Corporation Add to portfolio

INX:WHR, Jul 18, 11:51 UTC

Latest INX:WHR News

Filter your feed

Apply Filter

Tuesday, July 16


News

Whirlpool Corporation To Announce Second-Quarter Results On July 22 And Hold Conference Call On July 23

WHR

Whirlpool Corporation will then hold a conference call to discuss its performance with the investment community at 8 a.m. To participate in the conference call, dial (866) 393-4306 and use confirmation code Whirlpool. The conference call will be webcast live on the Company's web site at www.whirlpoolcorp.com and may be accessed by clicking on the "Investors" tab located at the top of the page. Whirlpool Corporation (WHR) is the world's leading major home appliance company, with approximately $21 billion in annual sales, 92,000 employees and 65 manufacturing and technology research centers in 2018.

Read Full Details

Topics:
  • Business
  • Technology
  • Science

Monday, July 15


News

Whirlpool (WHR) to Release Quarterly Earnings on Monday – Mayfield Recorder

WHR

Whirlpool (NYSE:WHR) will announce its earnings results after the market closes on Monday, July 22nd. Whirlpool has set its FY 2019 guidance at $14.00-15.00 EPS and its FY19 guidance at $14.00-15.00 EPS. Whirlpool had a return on equity of 30.17% and a net margin of 0.93%. The company has a market capitalization of $9.27 billion, a PE ratio of 9.66, a PEG ratio of 1.87 and a beta of 1.80.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, July 10


News

Whirlpool set to recall thousands of unmodified tumble dryers from consumers' homes

WHR

The announcement follows Whirlpool admitting to MPs last week that the number of faulty tumble-dryers in homes across the country could be far higher than first thought. Last month, the Government said it would issue a recall notice for 500,000 dryers that could potentially be a fire risk. Jeff Noel, Vice President, Communications and Public Affairs at Whirlpool Corporatio said: "Safety is Whirlpool’s top priority. "That’s why we have been working with the Government for some time to reach today’s agreement to launch an enhanced campaign that will offer customers who own a tumble dryer that has yet to be modified to the highest safety and quality standards the opportunity to have it replaced free of charge. "We’ve always put customer safety first, that’s why we voluntarily approached Trading Standards immediately after we purchased Indesit in 2015 and became aware of a potential concern with two types of tumble dryers manufactured between 2004 and 2015. "The extended recall programme announced today will offer consumers several options that include replacement, deeply discounted exchange as well as flexible free of charge in home modification that has been available since 2015. We urge consumers with unmodified dryers to contact us on 0800 151 0905 or visit our websites. " Whirlpool also revealed that in recent years, it had logged 54 fires in its tumble dryers and admitted that three of those were models that had already been updated.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Monday, July 08


News

Global Built-in Dishwasher Market 2019 Forecast Analysis by 2023: Electrolux, Whirlpool, etc. - MyNews Wire

WHR

The Built-in Dishwasher Market research report 2019-2023 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. This study categorizes the global Built-in Dishwasher breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors. Request a customized copy of Built-in Dishwasher report: https://www.acquiremarketresearch.com/sample-request/83763/Built-in Dishwasher Market. Regional Analysis For Built-in Dishwasher Market. North America (the United States, Canada, and Mexico)Europe (Germany, France, UK, Russia, and Italy)Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)South America (Brazil, Argentina, Colombia, etc.

Read Full Details

Topics:
  • Business
  • Financial
  • Health
  • Science

Wednesday, July 03


News

Why Whirlpool Stock Surged 24% in June

WHR

Shares of Whirlpool (NYSE: WHR) were climbing last month as the appliance manufacturer caught a tailwind from positive economic news, including improving trade relations and dovish statements from the Fed. Though there was little company-specific news out on Whirlpool during the month, the stock nonetheless finished June up 24% according to data from S&P Global Market Intelligence, as the manufacturer tends to be sensitive to macroeconomic news. As you can see from the chart below, Whirlpool's rise came largely in tandem with the S&P 500. He said that the central bank was willing to lower interest rates as needed after the market had been shaken by two events in May: the collapse of trade talks with China and President Trump's threat to impose tariffs on Mexico in order to coerce that country to stop the influx of illegal immigrants into the U.S. The company had initially seemed like a winner when the Trump administration imposed tariffs on washing machine imports, at Whirlpool's request, early last year. However, aluminum and steel tariffs have since forced the company to raise prices, and Korean rivals like Samsung and LG have now built factories inside the U.S. as a workaround for tariffs. As a result, Whirlpool now seems on the losing end of the trade war, which explains why the stock reacted favorably to news of detente with China.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, July 02


News

Whirlpool admits number of faulty dryers could be 800,000

WHR

Executives from the company told the Business, Energy and Industrial Strategy Committee that the true number could be 800,000 and it was working hard to modify those affected. One witness Jemma Spurr, a victim whose modified dryer caught fire, told politicians she was asked to sign a non-disclosure agreement about the incident, which MPs said was used for "shutting people up". Whirlpool representatives were asked by Conservative MP Antoinette Sandbach why some victims were asked to sign NDAs, when the company had previously stated it wanted to raise awareness of the problems to encourage customers to register their products. “Safety is always our number one priority and we remain committed to resolving all unmodified dryers affected by this issue. As we updated the committee, we are expanding our recall campaign to include further options to encourage remaining consumers to come forward and remedy their unmodified appliances.

Read Full Details

Topics:
  • Business
  • Science
  • US
News

Whirlpool admits up to 800,000 faulty dryers exist

WHR

A fault in Whirlpool machines was blamed for at least 750 fires over an 11-year period, the government said. Whirlpool said it had logged 54 fires caused by a build-up of fluff in its tumble dryers in recent years, three of which were in machines that had been modified. She told the Business Energy and Industrial Strategy Committee that despite repeated attempts to get in touch with Whirlpool directly, she had never received the report on the cause of her fire, or an apology from the company. In a statement, the Whirlpool Corporation told the BBC: "The Office for Product Safety and Standards (OPSS) recently concluded a comprehensive year-long review of the dryer programme which confirmed that the modification is effective in resolving the issue. "Safety is always our number one priority and we remain committed to resolving all unmodified dryers affected by this issue. "As we updated the committee, we are expanding our recall campaign to include further options to encourage remaining consumers to come forward and remedy their unmodified appliances. "The crucial message to anyone who still owns an affected dryer and has not already had it modified by Whirlpool is to contact us immediately on 0800 151 0905, or visit https://safety.hotpoint.eu/, https://safety.indesit.eu/ or https://safety-swan.eu.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Monday, July 01


News

Nidec Completes Acquisition of Embraco, Whirlpool Corporation’s Compressor Business Other OTC:NJDCY

WHR

In addition, certain customary post-closing filings and registrations related to the acquisition of two subsidiaries in China of Embraco are expected to be completed by September 30, 2019. Embraco North America Inc. Nidec Global Appliance North America Inc. García, Mexico. DE C.V. Nidec Global Appliance Mexico Services, S.DE R.L. Combining with Embraco’s business, Nidec aimed to expand further its refrigeration compressor business. However, as announced in its press release titled “Nidec to Sell Its Secop Compressor Business to ESSVP IV Advised by Orlando Management” dated April 22, 2019, Nidec through two Nidec’s subsidiaries will sell its compressor business, Secop, to ESSVP IV L.P., ESSVP IV (Structured) L.P., and Silenos GmbH & Co. KG, advised by Orlando Management AG, as condition for the European Commission’s approval of Nidec’s acquisition of Embraco. Although Nidec will sell Secop group, the Company believes the acquisition of Embraco will allow Nidec to expand further into the global refrigeration compressor market.

Read Full Details

Topics:
  • Business
  • Financial
News

Whirlpool Completes Sale of Embraco Business Unit to Nidec Corporation

WHR

BENTON HARBOR, Mich., July 1, 2019 /PRNewswire/ -- Today Whirlpool Corporation (WHR) completed the sale of its Embraco business unit to Kyoto, Japan-based Nidec Corporation. Embraco was sold to Nidec for a cash purchase price of $1.08 billion, subject to customary working capital and indebtedness adjustments. "Our decision to sell the Embraco business is related to the broader goal of delivering value for consumers through cutting-edge, high-quality products that solve everyday problems," said João Carlos Brega, President, Whirlpool Latin America. Whirlpool Corporation (WHR) is the world's leading major home appliance company, with approximately $21 billion in annual sales, 92,000 employees and 65 manufacturing and technology research centers in 2018.

Read Full Details

Topics:
  • Business
  • Financial

Saturday, June 29


News

Surveying Shares of Anglo American plc (LSE:AAL), Whirlpool Corporation (NYSE:WHR)

WHR AAL

The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.

Read Full Details

Topics:
  • Business
  • Financial