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INX:WHR, May 29, 10:23 UTC

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Monday, May 04


News

A Better ‘Trade Deal’ While Playing With PTC Therapeutics Inc. (PTCT) and Whirlpool Corporation (WHR)

WHR BLK

A Better ‘Trade Deal’ While Playing With PTC Therapeutics Inc. (PTCT) and Whirlpool Corporation (WHR). PTC Therapeutics Inc. (PTCT) shares are taking a pay cut of -19.85% from the high point of 52 weeks and flying high of 55.88% from the low figure of 52 weeks. According to WSJ, PTC Therapeutics Inc. (PTCT) obtained an estimated Overweight proposal from the 10 brokerage firms currently keeping a deep eye on the stock performance as compares to its rivals. Whirlpool Corporation (WHR) shares on Friday’s trading session, jumped 0.40 percent to see the stock exchange hands at $112.19 per unit.

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  • Business
  • Financial

Wednesday, April 29


News

Whirlpool: New warning over fire-prone Hotpoint washing machines

WHR

Owners may have checked previously and been told their machines were safe, only now to need to check again. Initially, in January, the company said it needed to repair or replace 519,000 machines in UK homes, before adding another 5,000 to the list later that month. Owners of Hotpoint and Indesit washing machines bought since October 2014 will need to enter the model and serial number of their appliance - found inside the door or on the back - to see if it is one of those affected. Customers did not need to physically sign any paperwork, and were called in advance of their scheduled delivery or repair appointment to make specific arrangements, the company added. If requested, appliances could be delivered to a secure location outside a customer's home, such as a garage or garden, so that staff did not have to enter their home, although this would mean they would have to fit the appliance on their own.

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  • Business
  • Health
  • Science

Tuesday, April 21


News

Whirlpool Corporation Declares Quarterly Dividend

WHR

BENTON HARBOR, Mich., April 21, 2020 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation declared a quarterly dividend of $1.20 per share on the company's common stock. The dividend is payable June 15, 2020, to stockholders of record at the close of business on May 15, 2020. Whirlpool Corporation (NYSE: WHR) is the world's leading major home appliance company, with approximately $20 billion in annual sales, 77,000 employees and 59 manufacturing and technology research centers in 2019. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and other major brand names in nearly every country throughout the world.

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  • Business
  • Financial

Wednesday, February 26


News

Why Is Whirlpool (WHR) Down 12.5% Since Last Earnings Report?

WHR

Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Whirlpool Q4 Earnings Surpass Estimates, Sales MissWhirlpool reported mixed fourth-quarter 2019 results, wherein earnings outpaced the Zacks Consensus Estimate, while sales missed the same. On a GAAP basis, it reported earnings of $4.52 per share, significantly up from $2.64 registered in the prior-year quarter.Net sales of $5,382 million declined 4.9% from the year-ago period and lagged the Zacks Consensus Estimate of $5,528 million. However, organic net sales rose 1.2%.Adjusted operating profit (EBIT) grew 11.8% to $389 million from $348 million in the year-ago quarter. Also, the operating margin expanded 100 basis points (bps) to 7.2%, backed by gains from favorable price/mix and stringent cost discipline.Regional PerformanceSales from North America edged down 0.3% to $3.1 billion.

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  • Financial

Tuesday, February 18


News

Whirlpool Corporation nominates Jennifer LaClair to 2020 Board of Directors

WHR

LaClair is the Chief Financial Officer of Ally Financial and a member of the firm's executive council. As CFO, her responsibilities include oversight of Ally's finance, accounting, capital markets, treasury, investor relations, modeling and analytics and supply chain. "Jenn is a highly respected leader in the financial services industry. Her unique experience and perspective will be a valuable asset to the board of directors as Whirlpool Corporation forges ahead in our pursuit to constantly improve life at home," said CEO Marc Bitzer. "I'm thrilled to be nominated to join the board of a company with a strong customer focus and a terrific culture. I look forward to sharing my financial and operational experience to help guide Whirlpool Corporation as it executes on its strategic priorities." Information regarding the names of Whirlpool's directors, nominees, and executive officers and their respective interests in Whirlpool is set forth in Whirlpool's annual report on Form 10-K and will be set forth in the proxy statement and accompanying solicitation materials and in their respective Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC after the date set forth in the proxy statement.

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  • Financial

Wednesday, February 12


News

Whirlpool Brands Win Six Prestigious iF Awards For Design Excellence

WHR

Coveted iF Labels were awarded to 14 of the brands' products, including the Whirlpool W Collection Black Fiber 4 Door Fridge Freezer, the KitchenAid Built-In Black Collection, Whirlpool's W Collection Black Fiber Built-In Suite, the Bauknecht Class 9 Built-In Suite, the Whirlpool W Collection Venthob and the Whirlpool Essential Washing Machine. "There are few forums for design as competitive as the iF Awards, so it is an incredible honor to receive six awards this year for fourteen of our products, judged to be outstanding in their field," said Gilles Morel, President of Whirlpool Europe, Middle East and Africa (EMEA) and Executive Vice President of Whirlpool Corporation. "At Whirlpool, we are in constant pursuit of improving life at home and have been driving product innovation to delight our consumers for over 100 years. Our consumers remain at the core of everything we do, especially when it comes to product design, and we are committed to creating household appliances of exceptional quality and performance to continue enhancing people's lives at home." Whirlpool's 'Black Fiber' suite is designed to harmoniously exist within open, multi-use living spaces; its appearance departs from the traditional industrial look-and-feel of domestic appliances and instead presents a seamless fusion of minimalistic, black stainless steel with a warm texture, inspired by nature.

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  • Technology
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Friday, February 07


News

Whirlpool India Q3 net up 23% to Rs 76.49 cr, income at Rs 1,311 cr

WHR

Whirlpool India Q3 net up 23% to Rs 76.49 cr, income at Rs 1,311 cr By Press Trust of India | New Delhi | Last Updated at February 07 2020 20:11 IST. Consumer durables maker Whirlpool of India Ltd on Friday reported a 22.91 per cent rise in its consolidated net profit to Rs 76.49 crore for the quarter ending December 2019. The company had posted a net profit of Rs 62.23 crore in the October-December quarter a year ago, Whirlpool of India said in a BSE filing. Its total income was up 5.83 per cent at Rs 1,310.69 crore during the quarter under review as against Rs 1,238.41 crore of the corresponding quarter last fiscal.

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Wednesday, January 29


News

Whirlpool recalls 5,000 more washing machines over fire fears

WHR

Whirlpool is to recall an extra 5,000 washing machines after finding problems in three more models, adding to a recall of more than half a million units that were at risk of catching fire. Whirlpool said it had located more than 165,000 of the machines on its recall list since launching a campaign to track them down earlier in the month, but it still leaves around ‭354‬,000 left to identify. It said in a statement: “Nearly two million people have contacted Whirlpool to check if their washing machines are part of the recall since the company announced the safety issue in mid-December. Sue Davies, head of consumer protection at Which?, said: “It would clearly be unacceptable if customers were left for many months without adequate washing facilities in their homes, particularly when there is also no offer to cover consequential costs such as trips to the laundrette.

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Story Sources

home.bt.com aol.co.uk
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  • Business
  • Science
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News

What You Need to Know About Whirlpool's Earnings

WHR

Jan 29, 2020 7:52AM EST. What You Need to Know About Whirlpool's Earnings | NASDAQ. It was a mixed report relative to analyst expectations, but investors found enough good news to send the stock sharply higher on Tuesday. Whirlpool produced total revenue of $5.4 billion in the fourth quarter, down 4.9% year over year and missing analyst estimates by $140 million. However, the details are important. Non-GAAP (adjusted) earnings per share came in at $4.91, up from $4.75 in the prior-year period and a whopping $0.64 higher than analysts were expecting.

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Story Sources

nasdaq.com fool.com
Topics:
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  • Financial

Tuesday, January 28


News

Nucor, Whirlpool Rise; Harley-Davidson, Pfizer Fall

WHR MMM +3 more WHR MMM PFE NUE HOG

The maker of Post-it notes and industrial coatings reported weak fourth-quarter profit and will cut 1,500 jobs. Xerox Holdings Corp., up $1.73 to $36.78 The printer and copier company's fourth-quarter profit and revenue beat Wall Street forecasts. The steel company reported surprisingly good fourth-quarter earnings and expects higher volumes in the current quarter. The motorcycle maker's fourth-quarter profit and revenue fell short of Wall Street forecasts.

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Topics:
  • Business
  • Financial