North Bergen, New Jersey 2/3/2010 9:23:42 AM
News / Art

Whirlpool profits double causing analysts and investors to be glued to their screens.

Wall Street Grand sees Whirlpool as an undeniable head turner in New York Trading,

Wall Street Grand LLC, a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news about the recent jump in Whirlpool Corp. (NYSE:WHR) profits. Whirlpool Corp. trades on the “New York Stock Exchange” under the symbol: WHR. To learn more Whirlpool Corp. (WHR), make sure to visit our exclusive website http://www.wallstreetgrand.com/.

 

 

 

 

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Whirlpool Corp.(NYSE:WHR), the world’s largest appliance maker, advanced the most in more than three months in New York trading after 4Q profits more than doubled what they were. Profits increased to $95 million, or $1.24 a share, from $44 million, or 60 cents, a year earlier, Fourth-quarter sales increased 13 percent to $4.86 billion, as revenue for the North America unit increased 4 percent to $2.6 billion. Whirlpool is currently predicting a full-year earning of $6.50 to $7.00 a share.

 

 

 

 

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

 

 

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