Whirlpool Earnings Drop to $1.02 Per Share

by | Oct 27, 2010 | Towing

Whirlpool

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.

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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.

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Sprint Nextel to Undercut Verizon Wireless on Galaxy Tab

by | Oct 26, 2010 | Towing

Sprint Nextel (S) is aiming to undercut Verizon Wireless by offering Samsung’s (SSNHY) Galaxy Tab for one third less than its rival.

There’s a catch.

Sprint will offer the Galaxy for $400 starting Nov. 14, Reuters said. To get that price, customers…

Wal-Mart CEO ‘Optimistic’ About India Investment Rules

by | Oct 26, 2010 | Towing

Wal-Mart Stores (WMT) CEO Michael Duke said he is “optimistic” that foreign companies will be allowed to invest in the Indian retail sector.

Wal-Mart is hoping that India’s government will loosen restrictions on foreign investment after the trade min…

DuPont Earnings Drop, but Raises Outlook

by | Oct 26, 2010 | Towing

DuPont (DD) reported third-quarter earnings of 40 cents per share, down from 45 cents per share a year earlier.

Sales grew 17% from a year earlier to $7 billion, the company said in a statement. Sales grew 22% in emerging markets.

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The company saw a decline of 13 cents per share in pharmaceuticals income related to patent expirations.

“I am proud of our business teams’ performance…

Continue reading DuPont Earnings Drop, but Raises Outlook

DuPont Earnings Drop, but Raises Outlook originally appeared on DailyFinance on Tue, 26 Oct 2010 06:40:00.

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