Whirlpool
Whirlpool reaffirms forecast despite pre-election sales slump
WHIRLPOOL, the owner of Maytag, rose in late trading on Wednesday (Oct 23) after reporting better than expected earnings, and reaffirming its full-year sales forecast.
Bosch weighs offer for appliance maker Whirlpool
Whirlpool which has a market capitalisation of about US$4.8 billion has been undergoing a major restructuring in recent years
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
WHIRLPOOL, the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand.
Whirlpool sells 24% stake in India unit for US$468 million
Whirlpool said on Tuesday (Feb 20) it has executed a sale of 24 per cent of its stake in its India unit for about US$468 million.
Whirlpool sales top estimates as US drives market gains
WHIRLPOOL’s third-quarter results surpassed analysts’ estimates as strength in North America helped buoy results, offsetting weakness in Europe and Asia. The shares fell, however, after the Maytag own...
Whirlpool sees appliance demand stabilising as consumers adapt
WHIRLPOOL is seeing demand for discretionary items such as appliances stabilise as consumers get used to higher mortgage rates and a shaky housing market.
Whirlpool to exit Russia with sale of operations to Arcelik
WHIRLPOOL agreed to sell the entirety of its Russian operations to Arcelik for deferred payments of as much as 220 million euros (S$321.2 million) over 10 years.
