Why Whirlpool Stock Is Up Big Today [Yahoo! Finance]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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US:NYSE Investor Relations:
investors.whirlpoolcorp.com/investor-relations
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Source: Yahoo! Finance
Shares of the U.S. appliance maker traded up as much as 19% on Wednesday, and were up 15% as of 11 a.m. based on speculation that a potential offer with a premium could appear. Is Bosch weighing a move? Whirlpool is one of the largest manufacturers of home appliances based in the United States, with a business increasingly under pressure from foreign rivals. In recent years, the company has divested its Middle Eastern and African operations and formed a joint venture to manage its European business, part of a plan to conserve cash and fight off competition in its home markets. German engineering group Robert Bosch apparently sees Whirlpool as a potential way to build its own appliance operations. According to Reuters, Bosch has been talking to potential advisors about the possibility of a bid for Whirlpool. The report says it is not certain an offer would be made, or whether Bosch would be willing to pay a significant premium over Whirlpool's current $5 billion market capital
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News
- Here's Why Shares in Whirlpool Zoomed Higher This Week [Yahoo! Finance]Yahoo! Finance
- What's Behind Whirlpool's (WHR) Sudden Stock Market Rally? [Yahoo! Finance]Yahoo! Finance
- An Intrinsic Calculation For Whirlpool Corporation (NYSE:WHR) Suggests It's 48% Undervalued [Yahoo! Finance]Yahoo! Finance
- Company News for Jun 27, 2024 [Yahoo! Finance]Yahoo! Finance
- The best places to find 4th of July appliance deals [CBS News]CBS News
WHR
Earnings
- 4/24/24 - Beat
WHR
Sec Filings
- 6/27/24 - Form 11-K
- 5/31/24 - Form 144
- 5/30/24 - Form SD
- WHR's page on the SEC website