July 23, 2014 6:35 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of Whirlpool (NYSE: WHR) tumbled more than 5% in pre-market trading after the company reported weaker-than-expected second-quarter profit.The Benton Harbor, Michigan-based company posted quarterly net earnings of $179 million, or $2.25 per share, down from $198 million, or $2.44 per share, in the year-ago quarter. Its ongoing business earnings came in at $2.62 per share, versus $2.37 per share. Its revenue dropped 1.4% to $4.68 billion from $4.75 billion. Excluding the impact of foreign currency and Brazilian tax credits, revenue rose around 1%. However, analysts were projecting ongoing business earnings of $2.91 per share on revenue of $4.84 billion. Whirlpool's North America net sales rose over 3% to $2.7 billion, while Europe, Middle East and Africa net sales surged to $746 million from $731 million. Its Asia's net sales fell to $211 million from $246 million.Jeff M. Fettig, chairman and chief executive officer of Whirlpool Corporation said, "The second-quarter results were in line with our expectations as our North America Region delivered record operating profit."Whirlpool also expects full-year net earnings of $10.30 to $10.80 per share, and ongoing business earnings of $11.50 to $12 per share. Analysts expected earnings of $12.05 per share.Whirlpool shares dropped 5.03%.to $136.00 in pre-market trading.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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