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Whirlpool To Buy 51% Stake in Hefei Sanyo (WHR)

Home appliances maker, Whirlpool Corp. (NYSE: WHR) said on Tuesday that it has agreed to buy a majority stake in China’s Hefei Rongshida Sanyo Electric Co in deal estimated at about $555.4 million. The move will allow the Company to gain traction in China.

Whirlpool said that its will purchase all Hefei Sanyo shares both [...]

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Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR

Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation.

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Whirlpool Lifts Full-Year Guidance (WHR)

Home appliances maker, Whirlpool Corporation (NYSE: WHR) reported on Friday that its fiscal second-quarter net income rose 75 percent as demand for its products improved significantly across all regions even as gross margin improved.

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Major Movers on April 24; WHR, YUM, BRCM, T, AMGN, DV

Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line.

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