Whirlpool returns to profits in second quarter
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR) posted net income of $67 million or $1.04 per share in the second quarter ended June 30, compared to a loss of $657 million or …
Whirlpool sells Brazilian compressor manufacturer
BENTON HARBOR—Officials at Whirlpool Corp. (NYSE: WHR) announced the completion of its Embraco business unit to Kyoto, Japan-based Nidec Corp. for $1.08 billion in cash. Embraco is a Brazil-based manufacturer …
Whirlpool sells home-brewing appliance to startup
BENTON HARBOR—Whirlpool Corp (NYSE:WHR), the Benton Harbor-based home appliance manufacturer, announced the sale of its Vessi Fermentor home brewing system to 80West Labs, a company created by the Chicago investor …
Tax benefits, lower restructuring costs boost Whirlpool profit
BENTON HARBOR—A sharp reduction in restructuring costs and an income tax refund vs. a payment last year boosted net income for Benton Harbor-based appliance giant Whirlpool Corp. (NYSE:WHRL). Net income …
Whirlpool sustainability report: reduced emissions, improved efficiency
BENTON HARBOR—Whirlpool Corp. officials have released the company’s 2018 Corporate Sustainability Report, highlighting the company’s progress and accomplishments in the 2018 operational year, with particularly strong results in its efforts …
Whirlpool chairman Fettig to retire
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR) board chair Jeff M. Fettig today announced that he will retire from the company on Dec. 13. Whirlpool’s board of directors has elected …
Whirlpool sales, profits fall
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported net income of $210 mllion or $3.22 a share in the third quarter of 2018, down from …
Whirlpool launches new website for building industry
BENTON HARBOR – Whirlpool Corp., the world’s largest manufacturer of home appliances, has launched a new website for building industry professionals, www.whirlpoolpro.com. The Benton Harbor-based company said the new website …
Whirlpool shares fall, rise after earnings miss, worse-than-expected outlook
BENTON HARBOR — Shares of Whirlpool Corp. rebounded 5.4 percent Tuesday after falling 3 percent Monday on an earnings miss. The world’s largest appliance maker posted net income of $94 …
Tax bite causes Whirlpool loss
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported a loss of $272 million or $3.69 a share in the fourth quarter, compared to net income …