117.44 +0.07 (0.06%)
After hours: 4:26PM EST
|Bid||117.00 x 800|
|Ask||120.00 x 1000|
|Day's Range||115.31 - 118.84|
|52 Week Range||102.13 - 187.47|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 28, 2019|
|Forward Dividend & Yield||4.60 (3.82%)|
|1y Target Est||138.00|
Jennifer Rogers talks to Rick Newman and Myles Udland about Whirlpool's decision to raise prices in order to combat the high cost of raw materials.
The average U.S. 30-year mortgage rate has fallen to a two-month low as investors rush to safe haven amid market decline, putting homebuilder ETFs in focus.
Dec 11 (Reuters) - Whirlpool China Co Ltd: * SAYS IT PLANS TO INVEST 292.5 MILLION YUAN ($42.56 million) IN DISHWASHER MANUFACTURING PROJECT IN HEFEI Source text in Chinese: https://bit.ly/2zUhAhT Further ...
Yes, there was a strong rebound off the October lows, which is classic market action. Almost textbook as well is the dramatic intra-day swings and alternating days of declines and advances, explains dividend specialist and value investing expert, Kelley Wright, editor of IQ Trends.
France's competition authority on Thursday fined six home appliance makers a total of 189 million euros ($214 million) for price-rigging in 2006 and 2009, the largest penalty it has handed out so far this year. Whirlpool, Electrolux, Bosch's BSH unit , Indesit, Candy Hoover and Eberhardt Frères were fined for agreeing price increases on washing machines, fridges or ovens, the competition authority said. Since these firms account for 70 percent of the French household appliances market, the cartel had a major impact on prices paid by retailers and consumers, Isabelle de Silva, who heads the Autorite de la Concurrence, said.
Credit Suisse downgrades Whirlpool to neutral from outperform, citing a decline in shipments and concerns about U.S. tariffs. "We will be closely watching consumers' reactions to these [price] increases to determine any adverse impact to revenues," analyst Susan Maklari says. Figures reported by an industry trade organization show that shipments of major appliances have declined 3.8 percent year over year.
NEW YORK, Nov. 23, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Index (PMI) data, output in the Consumer Goods sector is rising. WHR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
Whirlpool Corp. said Thursday it will be the official kitchen and laundry appliance of Walt Disney World Resort in Florida and Disneyland Resort in California, providing refrigerators, dishwashers, ovens, cooktops, microwaves, clothes washers and dryers. The company will also work with Disney Digital Network to create food and cooking based content for its networks. Whirlpool shares were not yet active premarket, but are down 34.9% in 2018, while the S&P 500 has gained 1.4%.
BENTON HARBOR, Mich., Nov. 1, 2018 /PRNewswire/ -- Whirlpool Corporation announced today the extension of its exclusive appliance collaboration with KB Home, one of the nation's largest homebuilders, for the next three years. As a result, homes in all newly constructed KB Home communities will continue to be outfitted with Whirlpool® and KitchenAid® brand appliances. KB Home is an industry leader in sustainability, building innovative and highly energy- and water-efficient new homes.
Whirlpool brand to Become Official Kitchen and Laundry Appliance of Walt Disney World® Resort and Disneyland® Resort BENTON HARBOR, Mich. , Nov. 1, 2018 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ...
Whirlpool Corp. has announced plans for a $55 million expansion that will bring about 150 more jobs to Oklahoma. The home appliance company says in a news release Tuesday that it will build a distribution ...
BENTON HARBOR, Mich., Oct. 30, 2018 /PRNewswire/ -- Whirlpool Corporation plans to expand its operations in Tulsa, Oklahoma with the addition of a new Factory Distribution Center (FDC). Adjacent to its existing manufacturing plant, the warehouse will support increased production capacity and improve efficiencies within the existing supply chain across North America, while simultaneously supporting growth in the region. "This new facility will help us streamline operations, from both a production and distribution standpoint, and ultimately allow us to better serve our customers throughout the region," said Jim Keppler, vice president, Integrated Supply Chain and Quality - North America Region at Whirlpool Corporation.
Whirlpool Corp. is demanding its appliances back from Sears Holdings Corp. The Benton Harbor, Michigan-based appliance maker (NYSE: WHR) on Oct. 25 sent bankrupt Sears Holding Corp. a letter demanding "return of all goods and merchandise received by the debtors from Whirlpool within 45 days prior to the date the debtors filed for chapter 11 protection." Sears Holding Corp. filed for bankruptcy protection on Oct. 15. "Whirlpool demands that the debtors protect and segregate the reclamation goods and refrain from selling, disposing, or using the reclamation goods for any purpose whatsoever," demanded Whirlpool attorney Bradley Schneider, in his letter to Sears. Sears stopped selling Whirlpool-branded appliances a year ago, but it continued to make some appliances under the Kenmore label, which is owned by Sears.
U.S. home appliances maker Whirlpool will continue operations at its factories in Turkey's western Manisa province, it said in a statement to Reuters on Tuesday, although it is exiting the domestic sales business in the country. Whirlpool (WHR.N) said last week in a conference call that it is exiting a number of loss making businesses in Europe, Middle East and Africa, including domestic sales operations in Turkey.
Corp. said it is raising prices again to stay ahead of material costs, as the appliance maker benefits from one set of tariffs and gets hit by another. The Trump administration imposed tariffs this year on imported washing machines after Whirlpool lobbied for protection from what it called unfair foreign competition.
As I write this amid mid-afternoon trading, the Dow Jones Industrial Average clamored back above 25,000! Some (surprisingly) good earnings results are driving this leg higher. Sure, there’s been a spate of disappointments with the likes of Caterpillar (NYSE:CAT) letting investors down with weak forward guidance.
The home builder sector was broadly higher in afternoon trade Thursday, as upbeat pending home sales data helped provide some relief for investors suffering from a long bout of selling. The SPDR S&P Homebuilders ETF climbed 3.3%, with 33 of 35 components contributing to gains. The ETF had closed Wednesday at the lowest level since Nov. 9, 2016. That followed a 26-session stretch in which the ETF declined 23 times, including a longest-ever losing streak of 13 sessions. The ETF's biggest gainer Thursday was Whirlpool Corp.'s stock , which shot up 7.7% after the home appliances maker reported late Wednesday third-quarter earnings that were well above expectations. Among the ETF's most active stocks, PulteGroup Inc. rallied 5.7%, Lennar Corp. rose 4.8% and D.R. Horton Inc. gained 4.1%. The ETF was still down 14% over the past three months, while the S&P 500 has lost 4.7%.
ARMONK, N.Y., Oct. 25, 2018 /PRNewswire/ -- IBM (NYSE: IBM) and Whirlpool Corporation today announced that Whirlpool will use IBM Cloud to manage and provide 24/7 access to the company's critical enterprise applications including enterprise resource planning, customer relationship management, and business warehouse to help provide worldwide operations efficiency. As Whirlpool Corporation purposefully innovates its smart appliances to fulfill real human needs, it must increasingly rely on growing amounts of data to achieve what consumers expect from the world's leading manufacturer of major home appliances. In working with IBM on a cloud-based approach, the Benton Harbor, Mich., based Whirlpool Corporation will leverage the flexibility and scalability of the IBM Cloud to run Whirlpool's SAP HANA environments, including around the clock insights into its 70 manufacturing global sites, its distribution and call centers, and other systems to provide worldwide access and increased efficiencies.