Whirlpool Corporation stock price

Whirlpool Corporation latest news:

  • 09/07/2017 14:54:35

    Whirlpool's washer battle with Samsung, LG heats up at trade hearing

    WASHINGTON (Reuters) - Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose "global safeguard" restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines.

  • 08/18/2017 15:02:59

    BRIEF-Whirlpool says CEO Marc Bitzer to receive annual base salary of $1.25 mln

    * Whirlpool Corp- on Aug 14, determined in connection with his position as CEO, Marc Bitzer will receive an annual base salary of $1.25 million -SEC filing

  • 08/14/2017 13:02:55

    Sears, Whirlpool win fee reduction in washer lawsuit

    Aug 14 (Reuters) - A federal appeals court reduced by $2 million the legal fees that Sears Holdings Corp and Whirlpool Corp must pay to settle a class action lawsuit over defective washing machines. The reason: the case was not that complicated.

  • 07/27/2017 09:05:15

    Whirlpool shares slide 7% after profit miss, soft guidance

    Appliance maker Whirlpool Corp. shares fell 7% Thursday, after second-quarter earnings fell short of expectations and the company offered guidance that was below consensus. The company said it had net income of $179 million, or $2.52 a share, in the quarter, down from $320 million, or $4.15 a share, in the year-earlier period. Excluding higher income tax expenses, per-share earnings came to $3.50, below the FactSet consensus of $3.54. Sales rose to $5.3 billion from $5.2 billion, matching the FactSet consensus. The company said it now expects full-year EPS of $12.40 to $12.90 and adjusted EPS of $14.50 to $15.00. The FactSet consensus is for full-year EPS of $15.10. "This quarter appears similar to last quarter, with North America strong but weakness in other regions leading to an EPS miss and guide-down," MKM analysts wrote in a note. The company expects to generate free cash flow of about $1 billion. The board has approved an additional $2.23 billion shares buyback. Shares have fallen .2.6% in 2017, while the S&P 500 has gained about 11%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/16/2017 15:04:29

    Whirlpool could gain 35 percent in the next year: Barron's

    (Reuters) - Home appliance maker Whirlpool is a bargain at $192 a share and could jump as much as 35 percent to $260 a share in the next year, according to a fund manager who owns the company's shares, Barron's reported.

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