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Wednesday, February 1, 2012 - 3:08pm
Whirlpool Shares Soar on 4Q11 Earnings, Cost Cuts
Whirlpool Corporation (NYSE: WHR) shares have soared this morning as the company posted rising profits despite a drop in sales for the fourth quarter of 2011. Investors focused their attention on the company's aggressive cost cutting initiatives in order to counteract falling demand and...
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US Trade Deficit Highest Since October 2008
Wednesday, August 11, 2010 - 9:50am
The US trade deficit widened in June 2010 on the back of record consumer goods imports, questioning the veracity of economic recovery. According to the Department of Commerce, the trade deficit expanded well over 18% in June, reaching almost $50 billion from $42 billion reported in May. This is the...
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