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Household Durables

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  • 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...

  • *India lawsuit has no effect on operations- Barra. BEIJING, Jan 16- China's Xiaomi Inc plans to invest in Indian tech start-ups and overseas media content, as the world's No.3 smartphone maker looks to dominate homes with its own TVs and appliances. "One area that we are also looking to make some investments in is start-ups in India.

  • U.S. business spending plans gauge flat in November Tuesday, 23 Dec 2014 | 8:31 AM ET

    WASHINGTON, Dec 23- A gauge of business investment plans was unexpectedly flat in November, suggesting a slowdown in economic growth after a brisk expansion over the last two quarters. Overall orders for durable goods- items ranging from toasters to aircraft that are meant to last three years or more- unexpectedly fell 0.7 percent, even as Boeing reported a surge...

  • *Net was 347.5 mln yuan, revenue 26.6 bln yuan. BEIJING, Dec 15- Privately owned Xiaomi Technology Ltd Co booked 347.5 million yuan in net profit last year, according to a regulatory filing that showed the world's No.3 smartphone maker grappling razor-thin margins. "They're growing so fast and so lean, I wouldn't be surprised even if they were losing money," said...

  • Dec 9- Texas- based electronics and home appliance retailer Conn's Inc reported a quarterly loss, withdrew its 2015 profit forecast, and said its chief financial officer had resigned as its mainly low-income customers struggle with credit payments. The company reported a net loss of $3.1 million, or 8 cents per share for the third quarter ended Oct. 31, compared...

  • Dec 9- Texas- based electronics and home appliance retailer Conn's Inc reported a third-quarter loss and withdrew its 2015 profit forecast, sending its shares down as much as 40 percent in premarket trading. Shares of the company, which also said CFO Brian Taylor had resigned, were set to open at a more than two year-low on Tuesday. The company reported a net loss of...

  • 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.

  • Cramer's Top Dividend Stocks 2012 Monday, 30 Apr 2012 | 9:27 AM ET
    Whether or not the stock market continues to rally, Jim Cramer recommends investors seek the protection of stocks with serious dividends. After all, if the stock market falls and the economy worsens, dividend-paying stocks will pay investors to wait until things get better. The "Mad Money" host especially likes “accidental high-yielders” — the stocks with small payouts that wouldn’t ordinarily offer high yields. Because of downward pressure in the markets, which has hurt their share prices, thos

    We pulled together a list of Cramer's favorite dividend plays. Read on and pick one or two for your portfolio. They could offer just the kind of defense that you need.

  • Household Durables Blog Post Sunday, 1 Dec 2002 | 12:00 AM ET
  • Household Durables Slide Show Sunday, 1 Dec 2002 | 12:00 AM ET