Daily Stocks News » WHR

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

Warren Paige — Tue, 13 Aug 2013 16:06:48 +0000

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 [...]

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

Warren Paige — Fri, 19 Jul 2013 17:46:43 +0000

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. The company said that faster-than-expected shrinkage in its GE Finance unit hurt its revenue. For [...]

Whirlpool Lifts Full-Year Guidance (WHR)

Warren Paige — Fri, 19 Jul 2013 16:17:53 +0000

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.

Although non-GAAP earnings fell short of Wall Street’s expectation, Shares of Whirlpool Corporation rallied about 7% in early trade as [...]

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

Warren Paige — Wed, 24 Apr 2013 15:56:57 +0000

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.

Shares of Yum! Brands [...]