Whirlpool News & Latest Whirlpool Headlines

Whirlpool to Cut 5,000 Jobs

7:50AM 10/28/2011

NEW YORK -Appliance maker Whirlpool Corp. plans to cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials. The world's biggest appliance maker also on Friday cut its 2011 earnings outlook drastically and reported...

U.S. Consumers: Done Spending, or Ready to Restart?

11:30AM 7/25/2011

By Jonathan Berr, The Motley Fool

Company News, Economy, IBM, Apple, Whirlpool

Consumer sentiment is at its lowest level in two years, while the so-called "Misery Index" stands at a three decade-high. And it's true: Americans aren't spending as robustly as they once were. But when you look at the numbers, it becomes clear that U.S. consumers aren't down for the count just yet.

Five Cheap Stocks in a Pricey Market

5:00PM 5/03/2011

By The Motley Fool

Investing, Whirlpool, Bank of New York Mellon, Stocks in the News, Best Buy, Market News, Investment

The stock market has been on a tear over the past two years. With the major indexes hitting multi-year highs recently, the value pickings are slim. But one highlights five stocks that still have attractive prices in this rising market.

Are Investors Getting Their Money's Worth from High-Paid CEOs?

12:00PM 3/22/2011

By Peter Cohan

Company News, People, Investing, General Electric , Starbucks, Stock Picks, Walt Disney, Investing Basics, Whirlpool

CEO bonuses rose 30.5% in the past year, but are the heads of large U.S. firms really earning their hefty compensation packages by creating increased profits and shareholder value? A closer look reveals wide disparities: There are some Bargain CEOs, but also some Hogs and Value Destroyers.

Inflation Warning: Should the Fed Raise Interest Rates?

11:00AM 2/15/2011

By Peter Cohan

Economy, Morgan Stanley , Whirlpool

It's no surprise that consumer prices are rising -- the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.

Whirlpool Earnings Drop to $1.02 Per Share

7:03AM 10/27/2010

By Hugh Collins

Company News, Technology, Earnings, Retail, Whirlpool

Whirlpool Corp. (WHR) reported third-quarter earnings of $1.02 per diluted share, down from $1.15 per diluted share a year. On an adjusted basis, earnings per share were $2.22 in the third quarter, compared with $1.67 a year earlier, the company said in a statement. Sponsored Links Sales rose...

Business News You Need Today: Aug. 20, 2010

5:50AM 8/20/2010

By David Schepp

Energy, Company News, Technology, Economy, Honda Motor Co, Ford Motor Co, Intel, McAfee, General Motors, Real Estate, Autos, Careers, BP, Whirlpool

Here's news from the business world and other money matters to watch out for Friday (last updated at 8:09 a.m. Eastern time): Economic Reports Affirm Slowing: Data released Thursday raised further questions about the robustness of the economic recovery, sending stocks lower on Wall Street. The...

Whirlpool Earnings More than Double

7:25AM 7/20/2010

By Melly Alazraki

Investing, Earnings, Whirlpool, Biz Brief, Stocks in the News

Whirlpool (WHR) reported Tuesday morning its second-quarter net income more than doubled on cost reduction and productivity initiatives and global unit volume growth. The world's largest appliance maker has seen demand for its products slow during the recession, but sales are improving due to...

Stocks in the News: BP, Ford, Whirlpool, Hovnanian, AT&T, Hot Topic, AMD

7:55AM 6/03/2010

By David Schepp

Company News, Investing, Earnings, Ford Motor Co, Apple, AT&T, AMD, Toyota, BP, Whirlpool

The following is a round-up of news likely to affect stock prices today: BP (BP) remains in the news a day after it bungled its latest effort to stem the flow of oil in the Gulf of Mexico, as a diamond-tipped saw got stuck in a thick pipe. The company now plans to use giant shears to slice off the...

Stocks in the News: Caterpillar, BlackRock, Hertz

7:39AM 4/26/2010

By Melly Alazraki

Company News, Investing, Oracle, Research In Motion, Citigroup, Whirlpool

The following is a round-up of news likely to affect stock prices today: Caterpillar (CAT) just reported a first-quarter net income ex-items of 50 cents per share, beating estimates for a profit of 39 cents per share. The heavy machinery company also raised its 2010 earnings and revenue outlook...