Whirlpool profit rises, but U.S. sales weaker
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Whirlpool Corp , the world's largest appliance maker, reported higher third-quarter profit on Tuesday on rising international demand and lower taxes, but sales missed estimates on weaker U.S. results and its shares dropped more than 5 percent.
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Whirlpool's stock is down today, but its future could be attractive.
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Internet service provider EarthLink Inc.  on Tuesday posted higher quarterly profit, boosted by cost controls, but sales fell 3 percent.
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By Vicki Lee Parker, The Sun News, Myrtle Beach, S.C.  Feb. 21--UNITED STATES   RETAIL   Wal-Mart's profit-increase beats expectations   Washington -- Wal-Mart Stores Inc.
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Number two global home appliance maker Electrolux  posted a surprise rise in fourth-quarter profit on Wednesday as European demand offset a U.S. slowdown, pushing its shares up by nearly a fifth.
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Home appliance maker Whirlpool Corp. on Wednesday said third-quarter earnings fell, hurt by raw material cost increases and high oil prices, and guided its annual earnings estimate lower.
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Black & Decker Corp , a maker of power tools and home-improvement products, on Monday reported a higher quarterly profit but gave a first-quarter outlook that was lower than Wall Street forecasts, citing the sluggish U.S. housing market.
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Wm Wrigley Jr Co  on Monday posted a higher quarterly profit, helped by sales overseas, and announced an increased dividend.
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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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Wal-Mart Stores Inc. on Tuesday said third quarter profits and sales climbed, though it called its key division&#39;s performance &quot;poor.
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Profit was up despite a drop in production, but Shell warned that the underlying performance of its refining operations was weaker than it appeared.
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Diversified manufacturer Honeywell International Inc  said on Thursday that its fourth-quarter profit and sales rose from a year earlier, helped by strong economic conditions.
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Appliance maker Whirlpool Corp. WHR.N  on Wednesday posted a 4 percent drop in third-quarter earnings  and cut its profit outlook for the full year, citing higher  costs for steel and oil.
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Appliance maker Whirlpool Corp. WHR.N  on Thursday reported a 22 percent drop in fourth-quarter profit  as steel and oil costs rose, sending its shares down more than  4 percent.
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The company reported a sharp decline in its fourth-quarter profit compared with results a year ago that were fattened by a gain, but sales were up 1.7 percent.
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U.S. home goods retailer Bed Bath & Beyond Inc posted a slightly higher quarterly profit on Wednesday, helped by increased sales and a one-time tax benefit.
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Diversified manufacturer Honeywell  International Inc  said on Friday profit rose 14.2  percent amid continued strong demand from the aerospace and  commercial construction sectors, but results were slightly  below Wall Street's expectations.