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 …
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 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 …
Whirlpool rallies after U.S. tariff decision
BENTON HARBOR — Stock in Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker based in Benton Harbor, jumped 2.5 percent Tuesday after a decision by the Trump administration to …
Whirlpool Files Dumping Complaint Against LG, Samsung
BENTON HARBOR — Whirlpool Corp., the Benton Harbor-based appliance manufacturer, announced it had filed a “safeguard petition” with the United States International Trade Commission.