NEW YORK (Reuters) – Appliance maker Whirlpool Corp. Tuesday posted a fourth-quarter profit on strong sales, a weak dollar and market share gains in the builder market.
Whirlpool, based in Benton Harbor, Michigan, reported a profit of $125 million, or $1.76 a share, reversing a loss of $29 million, or 42 cents per share, a year earlier.
Analysts on average were expecting profit of $1.75 a share, according to Reuters Research, a unit of Reuters Group Plc.
From Forbes.com
Whirlpool Corporation has been named one of the 100 best corporate citizens by Business Ethics Magazine. The company, which ranked 18th on the list, has been named to the list every year since its inception six years ago. Business Ethics Magazine has released its annual survey of the “100 Best Co…
The US Commerce Department have set preliminary duties of up to 71% on domestic washing machines from South Korea in the latest trade action brought by US manufacturer Whirlpool.
ATLANTA, Aug 15 (Reuters) – Lowe’s Cos. , the second-largest U.S. retailer of appliances behind Sears Holdings Corp., on Monday said it would be pleased to see a combination of U.S. appliance makers Whirlpool Corp. and Maytag Corp.