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  • US STOCKS-Results, jobs data buoy Wall St, S&P eyes 2,000 Thursday, 24 Jul 2014 | 10:54 AM ET

    NEW YORK, July 24- The S&P 500 hit a record high for a third straight session on Thursday, lifted by jobs data and earnings, but a weak reading in new home sales kept other key stock indexes little changed.

  • July 24- Sports apparel manufacturer and retailer Under Armour Inc's quarterly revenue rose by than a third as it benefited from growing interest in fitness among women and young people, and the company raised its full-year sales forecast.

  • The U.S. appliance maker said its sales in China plummeted 80 percent last quarter as retailers in that country, anticipating its pending merger with Hefei Rongshida Sanyo Electric Co and the new line the merged entity will produce, stopped buying Whirlpool-branded products.

  • July 23- Whirlpool Corp on Wednesday reported a lower quarterly profit as sales fell in every region except North America. The world's largest maker of home appliances posted a second-quarter profit of $179 million, or $2.25 a share, down from $198 million, or $2.44 a share, a year earlier.

  • US stocks mount strong rebound on company earnings Friday, 18 Jul 2014 | 8:53 AM ET

    The gains wiped out much of the market's losses from the day before, when the downing of a Malaysian Airlines passenger jet in eastern Ukraine stirred concerns that tensions between Russia and the West could escalate. Israel's launch of a ground offensive into Gaza also stoked geopolitical uncertainty.

  • Electrolux posts Q2 loss on restructuring costs Friday, 18 Jul 2014 | 6:22 AM ET

    STOCKHOLM— Swedish home appliance maker Electrolux says improved demand in Europe and the United States boosted the company's second-quarter profit 27 percent to 815 million kronor from 642 million kronor a year earlier.

  • July 16- General Electric Co is in talks to sell its century-old household appliances business for as much as $2.5 billion, Bloomberg reported, citing people familiar with the matter. The business, which had revenue of more than $8 billion in 2013, may fetch $1.5 billion to $2.5 billion in a sale, Bloomberg quoted the people as saying.

  • Fitch warns it may lower Whirlpool's credit rating Monday, 14 Jul 2014 | 11:54 AM ET

    NEW YORK— Fitch Ratings warned Monday that it could lower Whirlpool Corp.' s credit rating after the appliance maker announced a plan to buy Italian rival Indesit for more than $1 billion. Whirlpool, which owns the Maytag, KitchenAid and other brands, said last week that the deal to buy Indesit will help it expand in Europe.

  • Corporate eye on expansion could benefit funds Friday, 11 Jul 2014 | 3:44 PM ET

    NEW YORK— After years of funneling cash to investors, companies may be looking to spend more on themselves. Consider Linda Bakhshian, one of the managers of the $2.1 billion Federated Capital Income fund, among other funds.

  • AP Top Extended Financial Headlines At 1:05 p.m. EDT Friday, 11 Jul 2014 | 1:05 PM ET

    Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Portugal's biggest bank says it can cope with losses, helping to steady financial markets House votes to make business tax break permanent; White House says $287 B price tag too costly Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit

  • AP Top Extended Financial Headlines At 12:16 p.m. EDT Friday, 11 Jul 2014 | 12:16 PM ET

    Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues Portugal's biggest bank says it can cope with losses, helping to steady financial markets US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly

  • AP Top Extended Financial Headlines At Noon EDT Friday, 11 Jul 2014 | 11:57 AM ET

    US stocks slip in midday trading and are heading for their biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company

  • AP Top Extended Financial Headlines At 11:06 a.m. EDT Friday, 11 Jul 2014 | 11:06 AM ET

    Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 US stocks slip in early trading and are heading for their biggest weekly loss since April Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly

  • AP Top Extended Financial Headlines At 10:18 a.m. EDT Friday, 11 Jul 2014 | 10:18 AM ET

    Stocks edge lower, keeping them on track for biggest weekly loss since April No sale by owner: Americans with lower mortgage rates hold tightly onto homes Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Burberry shareholders revolt over pay package for luxury house's new CEO Christopher Bailey Bulgaria to strip major bank of license; submits audit results to prosecutor US budget likely in surplus in June; deficit expected to be at lowest level since 2008 Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk

  • MILAN, July 11- Whirlpool, the world's largest maker of home appliances, has agreed to pay 758 million euros to buy a 60 percent stake in smaller Italian rival Indesit to further expand beyond its U.S. home market.

  • AP Top Extended Financial Headlines At 9:13 a.m. EDT Friday, 11 Jul 2014 | 9:13 AM ET

    Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Wells Fargo 2 Q profit climbs, helped by loan growth; Revenue falls but tops Wall Street's view Asian stock markets weak amid new Europe jitters after problems at Portugal bank Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Bulgaria to strip major bank of license; submits audit results to prosecutor US budget likely in surplus in June; deficit expected to be at lowest level since 2008 Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Portugal's biggest bank says it can cope with losses, helping to steady financial markets

  • AP Top Extended Financial Headlines At 8:26 a.m. EDT Friday, 11 Jul 2014 | 8:26 AM ET

    Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 US budget likely in surplus in June; deficit expected to be at lowest level since 2008 Asian stock markets weak amid new Europe jitters after problems at Portugal bank Wells Fargo 2 Q profit climbs, helped by loan growth; Revenue falls but tops Wall Street's view Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Infosys quarterly profit up 15.3 percent, maintains revenue growth forecast Portugal's biggest bank says it can cope with losses, helping to steady financial markets AP Interview: Dubai airport boss aims to keep pace with rapid growth in flight toward top rung Traders in Buenos Aires, Frankfurt should be alert to World Cup final outcome, research shows

  • AP Top Extended Financial Headlines At 7:04 a.m. EDT Friday, 11 Jul 2014 | 7:04 AM ET

    US budget likely in surplus in June; deficit expected to be at lowest level since 2008 Asian stock markets weak amid new Europe jitters after problems at Portugal bank Whirpool to pay more than $1 b for controlling stake in Italian appliance maker Indesit Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Infosys quarterly profit up 15.3 percent, maintains revenue growth forecast Portugal's biggest bank says it can cope with losses, helping to steady financial markets AP Interview: Dubai airport boss aims to keep pace with rapid growth in flight toward top rung Imperial Tobacco in talks to buy Reynolds American, Lorillard brands amid merger speculation Traders in Buenos Aires, Frankfurt should be alert to World Cup final outcome, research shows Gov.

  • Whirlpool buys big stake in Italy's Indesit Friday, 11 Jul 2014 | 6:54 AM ET

    BENTON HARBOR, Mich.— Whirlpool will pay more than $1 billion for a controlling stake in Indesit, the appliance maker's counterpart in Italy. The deal announced Friday will put the U.S. company in possession of shares representing 66.8 percent of Indesit's voting stock.

  • July 10- Whirlpool Corp, the world's largest maker of home appliances, said it will buy 66.8 percent of voting stock of Italian white goods maker Indesit Company SpA for about 758 million euros to spur its growth in Europe.