MILAN, April 20 (Reuters) - Whirlpool and trade unions will meet next Monday over plans by the U.S. white goods group to shut some of its factories in Italy and lay off workers, Italy said on...
ROME (Reuters) - U.S. white goods group Whirlpool announced on Thursday it would invest 500 million euros ($535.25 million) over four years in Italy as part of a restructuring plan that would see 1,350 redundancies.
* Redundancies kept at "lowest possible level" (Adds background, details)
drugs in pipeline [ AMGN, NVS, VRTX ; pg 33]; maritime infrastructure [ Orient Overseas /316.hk; pg 33]; Whirlpool [ WHR ; the CEO spotlight on Jeff Fettig ; pg 38]. Bearish stories: Dillard’s [ DDS ; fwd P/E 15.4; yield 0
higher-end appliances broadens Electrolux's reach in the United States, where it competes head to head against Whirlpool WHR . For GE, shedding the cyclical appliance unit monetizes a valuable consumer brand, while liberating the company to
portfolio of higher-end appliances broadens Electrolux’s reach in the U.S., where it competes head to head with Whirlpool . For GE, shedding the cyclical appliance unit monetizes a valuable consumer-oriented brand, while allowing the company
Home Depot (HD) and Lowe’s (LOW) supply tools and materials. Appliances come off the truck from the likes of Whirlpool ( WHR ) and furniture from stores like Restoration Hardware (RH). You get the idea: All of these companies will benefit
* Rival Electrolux echoes Whirlpool 's outlook, optimism (Adds comment by Whirlpool executive, industry background, closing share price)
refrigerators. They then moved on to wine coolers and other highly specific lines. As recently as 2006, the head of Whirlpool ’s North American Region didn’t see Haier as having “any perceivable position” on its home continent. Today
manufacturers to faucet makers . He notes that appliance maker Whirlpool generated roughly 25% of its revenues as a result of new home construction at its peak. 4 That number has fallen to about 10% of revenue, and the company in recent years ..... top ten holdings represented 55.61% of assets. 4. Whirlpool Corp . represented 0.715% of Fidelity Blue Chip Growth