Investors got more evidence today that the manufacturing sector expansion continued into late summer/early fall. The key ex-transportation component also came in higher, at 0.4%. And the ex-defense number rose 1.9%. A solid mon…
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.
Sales rose 0.5% from a year earlier to $4.5 billion. Whirlpool saw sales rise 13% in Latin America and drop 8% in…
Continue reading Whirlpool Earnings Drop to $1.02 Per Share
Whirlpool Earnings Drop to $1.02 Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 07:03:00.
Filed Under: Company News, Technology, Earnings, Retail, Whirlpool
General Electric will invest $432 million in its appliances division, resulting in the creation of 500 jobs. The conglomerate wants to expand its market share in the refrigerator market and boost the number of appliances made i…
Toshiba (TOSBF) unveiled a new 3-D TV that viewers can watch without wearing special glasses.
The 3-D liquid crystal display TV uses a high-definition screen backlit with LEDs, a special sheet on the screen and chip technology to display information from nine images, The New York Times reported.
The TV can convert 2-D images into 3-D and will sell for prices as low as 120,000 yen…
Continue reading Toshiba Unveils No-Glasses 3-D TV
Toshiba Unveils No-Glasses 3-D TV originally appeared on DailyFinance on Mon, 04 Oct 2010 08:15:00.
Filed Under: Company News, Technology, Media, Retail, Toshiba
Electrolux (ELUXY) named Keith McLoughlin as president and CEO after Hans Stråberg notified the board that he wishes to leave the company.
McLoughlin will succeed Stråberg on January 1, 2011, Electrolux said in a statement. McLoughlin is currently in charge of R&D, Manufacturing and Purchasing for Electrolux Major Appliances. He was previously head of Electrolux…
Continue reading Electrolux Names New CEO
Electrolux Names New CEO originally appeared on DailyFinance on Thu, 23 Sep 2010 07:22:00.
Filed Under: Company News, Technology, Green, Retail