NEW YORK (TheStreet) -- Shares of Whirlpool Corp. are down -5.03% to $136. in pre-market trade after the company reported a 9.6% decline in profit for the second quarter and reduced its forecast for the full year, a result of falling sales outside the U.S., the Wall Street Journal reports. The home appliances manufacturer pointed to lower unit sales, rising material costs and higher spending on marketing and new products. While it fights off Korean brands in the U.S., Whirlpool looks to expand in Europe and Asia through acquisitions, the Journal noted. Must Read: Warren Buffett's 25 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.
Why Whirlpool (whr) Stock Is Lower Today
twocents@thestreet.com (Tedd Cohen), The Street
Wed, 07/23/2014 - 5:28am
Topics: york thestreet shares wall street journal korean u.s europe asia read favorite growth stocks whirlpool corp whr y this highlights compared whr ratings report consumer durables the whirlpool corp journal b+ stocks to thestreet quant ratings triple thestreet ratings whirlpool corp thestreet ratings team whr this whr click today year company earnings quarter revenue fact strengths industry ratio levels identified increased line sales prior full higher reported view market handful months learn potential multiple decline potentially feel weak cash analysis price average
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06/13/2024 - 1:00 pm | View Link - M&A News: Whirlpool Stock (WHR) Jumps on Takeover Rumors
Shares of home appliances giant Whirlpool Corporation (NYSE:WHR) got a significant boost, closing over 6% higher on Wednesday, June 12. This jump ...
06/12/2024 - 9:51 pm | View Link - What the Options Market Tells Us About Whirlpool
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $85.0 and $120.0 for Whirlpool, spanning the last three months.
06/12/2024 - 6:17 am | View Link - Whirlpool Stock Sinks As Market Gains: What You Should Know
Whirlpool (NYSE: WHR) ended the recent trading session at $92.24, demonstrating a -0.85% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.11%. Elsewhere, ...
06/4/2024 - 5:41 am | View Link - Whirlpool (WHR) Stock Sinks As Market Gains: What You Should Know
Whirlpool (WHR) ended the recent trading session at $92.24, demonstrating a -0.85% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.11%. Elsewhere, the ...
06/3/2024 - 11:15 am | View Link - More
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