Household Appliances

This is your Benzinga news summary and traders' outlook for Monday, July 25, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Congress failed to work out a deal to raise the debt ceiling over...

Stanley Black & Decker, Inc. (“Stanley Black & Decker”) (NYSE: SWK) today announced that the offer document regarding its recommended all-cash offer to acquire all class A and class B shares and warrants in Niscayah Group AB, through a tender offer by indirect wholly-owned subsidiary SBD...

J.P. Morgan is out with its report today on Whirlpool (NYSE: WHR), lowering its PT from $90 to $82. In a note to clients, J.P. Morgan writes, "We lower our 2011E and 2012E to $11.90 and $8.80 from $12.05 and $9.30, largely driven by a more conservative margin outlook, as well as our Dec. 2011...

This is your Benzinga news summary and traders' outlook for Friday, July 22, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher following the approval of a deeper Greek rescue plan. The U.S. dollar...

JP Morgan has lowered the price target on Whirlpool (NYSE: WHR) from $90 to $82 and maintains its Neutral rating.

Brian Sozzi is out with a research report on Snap-On (NYSE: SNA) after the company reported strong earnings this morning. The stock, unlike competitor Stanley, Black & Decker (NYSE: SWK) is near a 52 week high, and continues to fire on all cylinders (pun intended). The company reported...

Whirlpool Corporation (NYSE: WHR) reported earnings this morning that missed estimates badly, and the company is seeing slower conditions in China, and that is really hurting the stock today, down more than 4%. The company, which makes home appliances such as laundry appliances, refrigerators,...

Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q2 EPS at $0.08 on revenue of $1.58 billion. Pepsico Inc (NYSE: PEP) is projected to report its Q2 EPS at $1.21 on revenue of $16.41 billion. Eli Lilly and Company (NYSE: LLY) is projected to report its Q2 EPS at $1.17 on revenue...

Cusick's Corner Stocks took a breather, a little profit taking after yesterday's rally. Financials led the day on news from E-Trade (ETFC) and US Bancorp (USB). The Financial Select Sector ETF (XLF) was up +1.14% to close at 15 and the option volume was almost 80% higher than the average daily...

Cusick's Corner This market pops on bad news, chop and then pop in spite of negative sentiment for fear of missing the next leg up. This is the grinding, choppy segment after the poor data and continued debt fears here and across the Pond. So what to do? Well volatility has pulled back this week...

Shares of Whirlpool (NYSE: WHR) are higher on the session by 0.36%, currently trading at $75.34. The stock has been moving largely lower over the past four months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...

Cusick's Corner AAPL: in the infamous words of Harry Caray, "Holy Cow!" The large cap Tech company blew earnings away and still led with conservative guidance, no surprise, into Q3. While the NASDAQ futures popped, the S&Ps have muted reaction to the After Hours news, further stressing that...

Cusick's Corner GS reports bad numbers, the market goes up -- that is strong. Finance continues to lag the market, but one thing that traders and investors cannot ignore is that when rates do move, money will cycle into this sector. At this stage the conviction is in Tech and traders are waiting...

Wall Street Strategies is out with a research report on Stanley Black & Decker, Inc. (NYSE: SWK) after it reported earnings last night. It has a Hold rating on shares. In a note to clients, Wall Street Strategies writes, "We aren't trying to pooh-pooh SWK's quarter, rather just explain the...

Shares of Whirlpool (NYSE: WHR) are lower on the session by 1.06%, trading at $74.80. Overall put volume is now running at 2.93x the daily average, with 40% of all puts traded being purchases on the offer. 3,762 contracts have traded on the session so far. Whirlpool Corporation manufactures...