Whirlpool (WHR) Tops Q2 EPS by 13c; Boosts FY16 EPS Outlook

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MKM Partners Raises Price Target on Whirlpool (WHR) Following Strong 2Q

July 25, 2016 11:44 AM EDT

MKM Partners reiterated a Buy rating on Whirlpool Corporation (NYSE: WHR), and raised the price target to $215.00 (from $204.00), follownig the company's 2Q earnings report. EMEA organic growth was flat during the quarter, beating estimates of a 1% loss, but underperforming the European market, which WHR... More

Raymond James Downgrades Whirlpool Corporation (WHR) to Market Perform

July 25, 2016 7:11 AM EDT

Raymond James downgraded Whirlpool Corporation (NYSE: WHR) from Strong Buy to Market Perform and removed its price target (prior $215.00).

For an analyst ratings summary and ratings history on Whirlpool Corporation click here. For more ratings news on Whirlpool Corporation click here.

Shares of Whirlpool Corporation closed at $187.61 yesterday.

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Commerce Dept says large washing machines from China dumped in the U.S.

July 20, 2016 11:30 PM EDT

WASHINGTON (Reuters) - The U.S. Commerce Department said in a statement on Wednesday it had determined that large home washing machines from China had been dumped in the United States.

U.S. appliance maker Whirlpool Corp (NYSE: WHR) had urged the government in December to impose duties on washing machines manufactured in China by Samsung Electronics Co Ltd and LG Electronics... More

Whirlpool (WHR) Says Government Finds Samsung and LG Dumped Washers in U.S.

July 20, 2016 3:03 PM EDT

The U.S. Department of Commerce (DOC) issued a preliminary antidumping ruling today confirming Whirlpool Corporation's allegations that Samsung and LG are engaging in ongoing unlawful dumping of clothes washers into the United States.

As a result of today's DOC ruling, Samsung and LG will be required to pay cash deposits on clothes washers imported into the United States from their production facilities in China. The cash deposit rate for Samsung is 111.09 percent, and the rate for LG is 49.88 percent. The DOC also decided to apply Samsung's dumping rate retroactively 90 days to remedy its recent efforts to stockpile... More