|Over a week ago|
Whirlpool migrates SAP Systems to Google Cloud » 09:0306/0306/03/21
WHR, SAP, GOOG, GOOGL
Whirlpool (WHR) announced…
Whirlpool (WHR) announced that it has expanded its strategic collaboration with Google Cloud (GOOG, GOOGL) to deliver critical business systems and applications on Google Cloud's secure, reliable, and sustainable infrastructure. The company, which rolled out Google Workspace to its employees in 2014, has now deployed its enterprise-wide SAP (SAP) environment and applications on Google Cloud, providing its global teams with low-latency, secure access to SAP systems and data.
Whirlpool announces $15M investment in Tulsa, Oklahoma factory » 07:0805/2705/27/21
Whirlpool announced it is…
Whirlpool announced it is investing $15M into its factory in Tulsa, Oklahoma as part of the company's ongoing efforts to further strengthen its U.S. manufacturing capabilities and bring even more innovation, top ranking consumer products and high-quality jobs to the region. In conjunction with its investment, Whirlpool will receive an additional $1M from the state of Oklahoma through its Business Expansion Investment Program. The plant produces freestanding and slide-in ranges under the Whirlpool, Amana, Maytag, KitchenAid and JennAir brands.
Whirlpool to act as launch collaborator for Google Assistant voice notifications » 07:0605/2505/25/21
WHR, GOOG, GOOGL
Whirlpool (WHR) announced…
Whirlpool (WHR) announced it is enhancing its voice-command capabilities as a launch collaborator for Google Assistant (GOOG, GOOGL) voice notifications, a new functionality available through Google's intelligent personal assistant software. Unveiled at Google's I/O Conference in Mountain View, Calif., Google Assistant voice notifications will be coming soon on select connected Maytag and Whirlpool brand washers and dryers manufactured since 2016, and on select connected JennAir and KitchenAid brand products later this year. Unlike traditional voice-command features that require direct questions, these voice notifications will proactively alert appliance users with updates. For Whirlpool and Maytag brand washer and dryer owners, this will include alerts on the status of laundry and dryer cycles, including notifications of when laundry is ready to be moved to the dryer and when drying is complete.
|Over a month ago|
Fly Intel: Top five weekend stock stories » 20:1505/1605/16/21
T, DISCA, DISCB, MSFT, WHR, LGF.A, LGF.B, DD, RLGY, SWK, CVNA, VRM, SFT
Catch up on the…
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. AT&T (T) is in talks to combine a portfolio of media assets with Discovery (DISCA, DISCB), Cara Lombardo, Dana Cimilluca and Drew FitzGerald of Wall Street Journal reported, citing people familiar with the matter. The talks, which cover CNN and other parts of AT&T's WarnerMedia division, including the TNT and TBS cable channels, are advanced, and an agreement could be reached by Monday, sources told the Journal. In the potential deal, AT&T shareholders would own a big stake in the new entity, some of sources said. Bloomberg was first to report that AT&T is in talks to combine it media business with Discovery. 2. Microsoft (MSFT) board members decided that Bill Gates needed to step down from its board in 2020 as they pursued an investigation into the billionaire's prior romantic relationship with a female Microsoft employee that was deemed inappropriate, The Wall Street Journal's Emily Glazer, Justin Baer, Khadeeja Safdar and Aaron Tilley reported, citing people familiar with the matter. Members of the board tasked with the matter hired a law firm to conduct an investigation in late 2019 after a Microsoft engineer alleged in a letter that she had a sexual relationship over years with Gates, the people said. During the probe, some board members decided it was no longer suitable for Gates to sit as a director at the software company he started and led for decades, according to sources. 3. Anyone who has been shopping lately for a refrigerator or other home appliance knows it's very much a seller's market, Andrew Bary wrote in this week's edition of Barron's. Robust demand and limited supply have allowed the global appliance leader Whirlpool (WHR) to pass along price increases in steel and other raw materials to its customers, the author noted. The company, whose brands include Maytag, Amana, and KitchenAid, is increasing prices 5% to 12% across the board, the publication added. Although the stock is already up 36% this year, considering Whirlpool's financial progress, market position, and earnings power, the stock is still inexpensive, Bary contended. 4. Lionsgate's (LGF.A) "Spiral: From the Book of Saw" won the weekend at the North American box office, with an $8.7M debut from 2,811 locations. Marking a new chapter in the Saw franchise with new characters, Spiral stars Chris Rock, Max Minghella, Marisol Nichols and Samuel L. Jackson. Roughly 45% of cinemas remain dark in North America as reopening continues. 5. DuPont (DD), Realogy Holdings (RLGY), Stanley Black & Decker (SWK), Carvana (CVNA), Vroom (VRM), and Shift Technologies (SFT) saw positive mentions in this week's edition of Barron's.
Whirlpool stock 'the way to play' home appliances demand, Barron's says » 10:5205/1505/15/21
Anyone who has been…
Anyone who has been shopping lately for a refrigerator or other home appliance knows it's very much a seller's market, Andrew Bary writes in this week's edition of Barron's. Robust demand and limited supply have allowed the global appliance leader Whirlpool (WHR) to pass along price increases in steel and other raw materials to its customers, the author notes. The company, whose brands include Maytag, Amana, and KitchenAid, is increasing prices 5% to 12% across the board, the publication adds. Although the stock is already up 36% this year, considering Whirlpool's financial progress, market position, and earnings power, the stock is still inexpensive, Bary contends. Reference Link
Whirlpool targets net zero emissions in plants and operations by 2030 » 08:1605/0605/06/21
Whirlpool a global…
Whirlpool a global commitment to reach a net zero emissions target in its plants and operations by 2030. The commitment will cover more than 30 of Whirlpool's manufacturing sites and its large distribution centers around the world, spanning all direct (Scope 1) and power-related (Scope 2) emissions. Whirlpool has also committed to a 20% reduction in emissions linked to the use of its products across the globe (Scope 3) by 2030, compared to 2016 levels. This target has been approved by the Science Based Targets initiative, and builds on the company's 60 percent reduction in emissions across all scopes since 2005. "Whirlpool Corporation has a longstanding commitment to sustainability and we established our first office for sustainability over 50 years ago," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "Our net zero commitment is an important milestone in our ongoing effort to improve life at home by protecting our planet and communities."
Whirlpool price target raised to $210 from $201 at RBC Capital » 09:3504/2304/23/21
RBC Capital analyst Mike…
RBC Capital analyst Mike Dahl raised the firm's price target on Whirlpool to $210 from $201 but keeps a Sector Perform rating on the shares. The company reported a "strong" Q1 set of results but a debate about "peak earnings" continues, the analyst tells investors in a research note, adding that while the near-term dynamics remain favorable, longer-term risks around margin normalization persist.
Fly Intel: After-Hours Movers » 18:5104/2104/21/21
NBSE, EOLS, SEIC, CACI, NTGR, SNBR, TDC, CMG, WHR, SAVE, CP, KMI, DFS, SLM, CLB, UFPI, RHI, CHDN, STC, EFX, XM
Whirlpool CEO says seeing 'sustained strong consumer demand' » 16:2504/2104/21/21
"Our Q1 results…
"Our Q1 results successfully demonstrate our agility and resilience in dealing with component shortages and inflationary pressure," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "Sustained strong consumer demand and our recent cost-based pricing actions give us confidence to significantly raise our full-year guidance."
Whirlpool raises share repurchase authorization to $2.4B 16:0904/2104/21/21