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except not really. 4Q revenue of 5.66B (more than forecast), profit of $180M. But it shows the sham of marketplace: because per share

Posted by: islndr (a.k.a del_CHG_islander2) on Feb 02, 07:05 in response to PhoneHome's post Exactly why tariff was needed. Whirlpool cost cutting due...

earning were slightly lower than forecast, stock has a one day drop and so WP gets all bent out of shape about it (even though its way up since trump). So they fire people and cut costs, just so it makes the stockbrokers happy.

Whirlpool rewarding its Michigan employees with layoffs after tariffs and corporate tax cuts slipping jimmy Feb 01, 20:27

Apple will use its $163b cash balance for stock buybacks and dividends (sorry job-seekers!) slipping jimmy Feb 01, 23:35

This one hurts, as it’s my town. WP employees are a huge chunk of our business, plus everyone has a family member who works there {nm} islndr Feb 02, 06:35

Exactly why tariff was needed. Whirlpool cost cutting due to previous poor performance. They believe tariff will help them rebound. . {nm} PhoneHome Feb 02, 06:50

except not really. 4Q revenue of 5.66B (more than forecast), profit of $180M. But it shows the sham of marketplace: because per share islndr Feb 02, 07:05

Whirlpool has not participated in Trump Mkt. Dow up 31% since 12/1/16. Whirlpool slightly down to even. Poor performance relative to market. {nm} PhoneHome Feb 02, 07:19

ok, yes as i looked closer. (article i had was more about growth right after election. wp was up nicely until downturn late summer) {nm} islndr Feb 02, 07:32

Regardless, you get winners and lowers out of tariffs, and the losers always outweigh the winners. RogerMore Feb 02, 08:03

Your town has a right to be frustrated though. Hopefully, the tariff will help. My point was to Jimmy-intimating nonexistent cause & effect. {nm} PhoneHome Feb 02, 09:50

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