Household Appliances

Cusick's Corner Stocks are in the red this Midday after some decent GDP numbers in the EU. But the focus is on the Dollar and the potential implications of a worsening situation in Greece. I know that I have been talking about this all week, but at this stage in the game this is really the focal...

Fiat SpA (F), an Italy-based company active in the automobile sector, said it isn't planning to raise its stake in Chrysler Group LLC beyond 51%, despite options available that could boost its stake to 70%. Ally Financial Inc. is in talks to buy ING Groep NV‘s (INE) online bank, ING Direct USA....

Whirlpool Corporation (NYSE: WHR) today announced that the United States District Court in Chicago refused to award any relief to LG on the last remaining claim in a lawsuit filed by LG in 2008. The Court found that "Whirlpool has established that its dryers do, in fact, use steam", and that "LG...

Helen of Troy (NASDAQ: HELE) is scheduled to report fiscal fourth-quarter 2011 results before the market opens tomorrow, May 10. Analysts are looking for the consumer goods company to announce that per-share earnings rose 14.3% from a year ago to $0.63. That consensus estimate is three cents higher...

Shares of Whirlpool Corporation (NYSE: WHR) are higher on the session by 1.87%, trading at $85.46. Overall put volume is now running at 7.31x the daily average, with 6% of all puts traded being purchases on the offer. 8,971 contracts have traded on the session so far. Whirlpool Corporation...

Early Bird Capital reiterated its iRobot (NASDAQ: IRBT) Buy rating and raised its iRobot price target from $36 to $38 in a research report published today. In the report, Early Bird Capital states, "Although, the outlook provided by management may not be as granular or aggressive as many desire,...

iRobot (NASDAQ: IRBT) reported Q1FY11 sales of $106 million and EPS of $0.27 vs. a consensus estimate of $104 million and $0.23. Revenue grew by 12% y/y, with EPS up 15% on a 700 bps gross margin improvement. Management reaffirmed its FY11 outlook, including sales of $450-465 million and EPS...

In addition to Stanley Black & Decker (NYSE: SWK) noting in its release that it raised its 2011 Operating EPS guidance by $0.25 to $5.00-5.25, driven by a lower tax rate of 20-21%, as well as the announcement of its share buyback program, the company also provided key incremental data points...

Goldman Sachs has issued a report on the 1Q11 results from Whirlpool (NYSE: WHR). Goldman Sachs writes, "WHR reported 1Q2011 EPS of $2.11. Our and consensus estimates of $1.34 and $1.55 are hard to compare because of the tax benefits that Whirlpool projects." WHR closed at $87.86 a share...

U.S. stock futures are pointing to slightly higher open today after hitting new multi-year highs yesterday. The rally in the S&P 500 and yesterday came after stronger-than-expected earnings results from many major U.S. corporations. The major broad U.S. market ETF (NYSE: SPY) is currently...

Whirlpool (NYSE: WHR) Reports EPS of $2.11 vs. $1.64 Estimate; Revenues $4.4B vs. $4.26B Estimate

Whirlpool Corporation (NYSE: WHR) announced today first-quarter net earnings of $169 million, or $2.17 per diluted share, compared to $164 million, or $2.13 per diluted share reported during the same period last year. First-quarter adjusted diluted earnings per share(1) totaled $2.11 compared to $...

ConocoPhillips (NYSE: COP) is expected to post its Q1 EPS at $1.95 on revenue of $61.72 billion. Hess Corp (NYSE: HES) is expected to post its Q1 earnings at $1.95 per share on revenue of $9.45 billion. MeadWestvaco Corp (NYSE: MWV) is projected to report its Q1 EPS at $0.23 on revenue of $1.39...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Helen of Troy (NASDAQ: HELE) is a “terrific stock that's making a terrific comeback. They're firing on all cylinders." He believes that Exelixis (NASDAQ: EXEL) is a “darn good spec. This company is losing money but has huge...

Stanley Black & Decker (NYSE: SWK) reported a strong first quarter, beating Wall Street estimates on the top and bottom line. The company reported revenues of $2.4 billion and earnings of $1.08 per share, versus estimates of $2.37 billion and earnings of $1.01 per share. Stanley Black &...