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  • CHICAGO, Feb 4- If the U.S. dollar stays at current levels, Whirlpool Corp's revenue could take a hit of up $1 billion in 2015, but the world's largest appliance maker expects to protect its profits, Chief Executive Officer Jeff Fettig told Reuters on Wednesday. Raising prices in some foreign markets should offset some of the effects of the strong dollar, which...

  • CHICAGO, Feb 4- Whirlpool Corp on Wednesday said 2015 would be another solid year for U.S. sales of its washers, stoves and refrigerators because of the housing market's recovery and low oil prices, and its shares rose 6 percent. Whirlpool reported a net profit of $81 million, or $1.02 a share, down more than 55 percent from $181 million, or $2.26 a share, a year earlier.

  • Whirlpool profit drops due to acquisition costs Wednesday, 4 Feb 2015 | 10:30 AM ET
    An employee works on a Whirlpool washing machine at the company's operations plant in Clyde, Ohio.

    Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.

  • CHICAGO, Feb 4- Whirlpool Corp on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding those costs, the results beat market expectations. Whirlpool reported a net profit of $81 million, or $1.02 a share, down more than 55 percent from $181 million, or $2.26 a share, a year earlier. Last July Whirlpool acquired a majority...

  • Prosecutors raid LG headquarters over washer row Saturday, 27 Dec 2014 | 1:51 AM ET

    Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.

  • Flushed with ideas, toilets enter the 21st century Thursday, 30 Oct 2014 | 8:27 AM ET
    Various functions are available on the washlets that Toto Ltd. sells. The Japanese are seen as innovators in toilet technology.

    Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.

  • Whirlpool posts higher profit but reduces forecast Tuesday, 28 Oct 2014 | 11:11 AM ET
    A customer talks to a sales associate in front of a row of Whirlpool washing and drying machines.

    Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.

  • Samsung: LG, stop vandalizing our washing machines! Monday, 15 Sep 2014 | 6:56 AM ET
    A Samsung employee holds a smartphone remotely controlling a WW9000 washing machine at the IFA consumer technology fair in Berlin, September 5.

    Samsung has accused the head of rival LG Electronics' appliances business of damaging Samsung washing machines at retail stores.

  • Electrolux to acquire GE appliance biz for $3.3B Monday, 8 Sep 2014 | 7:16 AM ET

    This doubles our size in the U.S., says Keith McLoughlin, Electrolux CEO, discussing the acquisition of General Electric's appliance business amid growing global competition in the industry.

  • GE in talks to sell appliances business: Report Wednesday, 16 Jul 2014 | 2:40 PM ET

    General Electric is in talks with potential suitors about selling its appliances business for up to $2.5 billion, Bloomberg reported.

  • Google's Nest recalls 440,000 fire alarms in US Wednesday, 21 May 2014 | 5:20 PM ET
    Nest Thermostat

    Nest is recalling 440,000 smoke detectors, according to a notice that provides public knowledge of how many of the smart home appliances have shipped.

  • Currency headwinds hurt: Electrolux CEO Friday, 31 Jan 2014 | 5:10 AM ET
    Currency headwinds hurt: Electrolux CEO

    Keith McLoughlin, Electrolux CEO, tells CNBC he is pleased with the group's "broad growth" and "rich pipeline," and discusses currency headwinds impacting the group.

  • Comeback companies: Whirlpool's recent rise Wednesday, 21 Aug 2013 | 6:43 AM ET
    Comeback companies: Whirlpool's recent rise

    Whirlpool took a hit when the housing bubble burst but the stock is showing signs of recovery as consumers begin spending again to furnish new homes and upgrade older appliances, reports CNBC's Jackie DeAngelis.

  • Electrolux's CEO on retail growth strategy Friday, 19 Jul 2013 | 8:24 AM ET
    Electrolux's CEO on retail growth strategy

    Keith McLoughlin, Electrolux president & CEO, discusses his company's quarterly results, housing and the strength of the consumer.

  • Home Warranties Don't Always Provide Peace of Mind Monday, 17 Jun 2013 | 8:09 AM ET
    Appliance repair technician

    Home warranties are supposed to provide peace of mind. But in many cases, people who try to use them when something breaks experience disappointment and frustration.

  • Court Blocks Faulty Washers Ruling Against Sears Monday, 3 Jun 2013 | 1:17 PM ET

    The Supreme Court on Monday strikes down an appeals court ruling that favored consumers who bought Sears front-loading washing machines.

  • Electrolux Looking Increasingly Attractive: Pro Wednesday, 8 May 2013 | 11:30 AM ET
    Electrolux Looking Increasingly Attractive: Pro

    Alex Gunz, fund manager at Heptagon Capital, remains very positive on equities and picks his favourite stocks which include Electrolux and Duerr.

  • Why Marrieds Tend to Be Richer: It's Complicated Thursday, 14 Feb 2013 | 9:02 AM ET

    Marriage confers the benefits of division of labor and economies of scale on everything from washing machines to health insurance. But it's not just about living under the same roof.

  • Electrolux Pins Growth on Emerging Markets, US Friday, 1 Feb 2013 | 9:14 AM ET

    Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013.

  • Whirlpool CEO on Strong Q4 Results Thursday, 31 Jan 2013 | 11:15 AM ET
    Whirlpool CEO on Strong Q4 Results

    Jeff Fettig, Whirlpool Corporation chairman & CEO, discusses his company's better-than-expected fourth quarter, as shares of the stock are up more that 100 percent over the last year.