Consumer Durables and Apparel Household Durables


  • Whirlpool revised its outlook for full-year 2015 GAAP net earnings per diluted share to a range of $9.75 to $10.25 from a range of $9.50 to $10.50 and its full-year ongoing business earning per diluted share to $12 to $12.50 from $12 to $13. The world's largest maker of home appliances now expects 2015 full-year capital spending to be at $700 to $750 million, down...

  • Oct 9- Sears Holdings Corp named Sean Skelley as president of home services, the latest in a string of appointments made by the struggling retailer. Skelley, who has worked for over 20 years with U.S. electronics chain Best Buy Co Inc, will look after Sears' home services business which provides customers with home appliances repairs and home improvement...

  • Sodastream CEO: We welcome competition Friday, 9 Oct 2015 | 9:28 AM ET
    Employees pack boxes of SodaStreams at the factory in the West Bank Jewish settlement of Maale Adumim.

    The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.

  • GE combines technologies into energy efficiency company Wednesday, 7 Oct 2015 | 10:39 AM ET

    Oct 7- General Electric Co said on Wednesday it had started a company to focus on energy efficiency to help corporate and other customers lower their energy bills and better manage power distribution. The company, which will be run by Maryrose Sylvester, who has been president of GE Lighting, will begin with $1 billion in revenue, and is expected to grow to $5...

  • Nikkei retreats as investors wary in data-heavy week Monday, 28 Sep 2015 | 2:35 AM ET

    TOKYO, Sept 28- Japanese stocks fell on Monday as investors took profits from gains made on Friday ahead of key economic indicators scheduled for release this week in Japan, China and the U.S. JFE Holdings shed 4.3 percent while Nippon Steel and Sumitomo Metal lost 3.3 percent. Electrical appliance retailer Yamada Denki gained 5.2 percent while household goods...

  • NEW YORK, Sept 25- Early in August, a call came into Sysco Corp from Trian Fund Management LP, warning the food distributor that the activist hedge fund was about to disclose a large stake in the company. Trian, run by veteran investor Nelson Peltz, unveiled its 7.1 stake in Sysco on Aug. 14, and asked for board representation and for the Houston- based company to improve...

  • *Nigeria imposes forex controls, bans import of 680 items. Many items on the central bank list- ranging from incense and toothpicks to plywood, glass and steel products-- are not available in Nigeria in sufficient volumes. While Nigeria grows a lot of tomatoes, transport is poor and it lacks facilities to produce the concentrate needed by factories making tomato...

  • During last year's holiday season it limited the no-money-down option to certain weeks, said Jai Holtz, president of financial services at Sears. Wal-Mart Stores Inc started its layaway program in late August, two weeks earlier than 2014. The largest Texas supermarket chain, H-E-B, which also sells toys and appliances, has also launched a layaway plan and...

  • SAO PAULO, Aug 20- Brazilian retailer GPA SA said on Thursday it, along with holding company Wilkes Participacoes, would pay 212.46 million reais to Morzan Empreendimentos to settle arbitration over its takeover of home appliances retailer Globex.

  • Aug 19- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected quarterly same-store sales, helped by higher demand for items such as appliances and outdoor power equipment. Larger rival Home Depot Inc also reported a stronger-than-expected rise in quarterly same-store sales on Tuesday, helped by increased home remodeling...

  • Japan's households start opening their wallets Thursday, 25 Jun 2015 | 8:59 PM ET

    Japan's households opened their wallets a bit wider than expected in May, with household expenditures jumping for the first time in more than a year.

  • Electrolux Q1 profit falls less than expected Friday, 24 Apr 2015 | 3:32 AM ET

    Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.

  • 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.

  • 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.

  • US household net worth reaches all-time high Monday, 9 Dec 2013 | 12:52 PM ET
    Money cash falling from sky

    U.S. household net worth hit a record high in the third quarter as home prices marched higher and the value of stocks and mutual funds surged.

  • Cool products for hot women Tuesday, 16 Jul 2013 | 6:00 AM ET

    To ease temperature-related complaints, mattress sellers have launched several new products after noticing that couples and hot flash-suffering women were having restless nights.

  • How to Invest in Africa Wednesday, 8 May 2013 | 11:40 AM ET
    How to Invest in Africa

    Graham Stock, chief strategist at Insparo Asset Management, talks about African growth opportunities, which sectors to tap into and how investors' perception is worse than reality.

  • 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.

  • Why Cramer Remains Bullish on Bed Bath & Beyond Thursday, 28 Jun 2012 | 6:27 PM ET
    A shopper leaves the Bed Bath & Beyond store in Ellisville, Mo.

    It might have a broken stock, but “Mad Money” host says it’s not a broken company.