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Investors Caught Between A Rock And A Whirlpool

Posted, by Benzinga on July 21st, 2011

Whirlpool Corporation (NYSE: WHR) reported earnings this morning that missed estimates badly, and the company is seeing slower conditions in China, and that is really hurting the stock today, down more than 4%.

The company, which makes home appliances such as laundry appliances, refrigerators, cooking appliances, dishwashers, mixers, and other small household appliances, reported earnings of $2.76 per share on $4.73 billion in revenues. Wall Street analysts had been expecting earnings of $2.87 per share on $4.77 billion in revenues.

Authored by, Benzinga
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