Stock Monitor: Honeywell Intl. Post Earnings Reporting
LONDON, UK / ACCESSWIRE / January 10, 2018 / Active-Investors.com has just released a free research report on Whirlpool Corp. (NYSE: WHR). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=WHR as the Company's latest news hit the wire. On January 08, 2018, the Company, a leading home appliance maker, announced that it will expand its smart home appliance ecosystem through a collaboration with Honeywell International Inc. (NYSE: HON) ("Honeywell"). Post the execution of the agreement, consumers would be able to connect smart appliances from Whirlpool with Honeywell's line of connected thermostats, enabling a remote management of the appliance operating modes and energy outputs. Register today and get access to over 1000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Whirlpool and Honeywell International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/'symbol=WHR
www.active-investors.com/registration-sg/'symbol=HON
The Announcement
Whirlpool views this announcement as a step to deliver its consumers a connected home with multiple functionalities, where the collaboration would enable homeowners to efficiently conduct appliance energy management and rest assured that the appliances are operating as per their personal preference. According to the Company, the connection capabilities between its portfolio and Honeywell's thermostats will be available in 2018, across more than 25 Whirlpool brand appliances, where the functionalities would include:
- Auto-adjustment to "away" mode on appliances when Honeywell geo-fencing technology detects a consumer is away from home.
- Delay appliance cycles, like dishwashing, until the consumer is detected via Honeywell's thermostat app to be away from home.
- Manage the temperature of the home based on appliance cycles.
Honeywell views this agreement as a step to deliver homeowners an easier, more seamless opportunity to enable them to make smart decisions concerning energy use. The announcement was made this week at CES 2018 by Whirlpool, which claims to be the number one major appliance manufacturer in the world with about $21 billion in annual sales, 93,000 employees, and 70 manufacturing and technology research centers in 2016.
Other Announcements
On January 08, 2018, Whirlpool announced that in 2018, connected appliances from Whirlpool would allow consumers to remotely communicate with ovens, washers, and dryers via Apple Watch, making the collaboration the first-ever instance where an appliance maker connected its products with Apple Watch and its capabilities. The appliances, compatible with Apple Watch, will be rolled out across more than 20 Whirlpool brand connected appliances in 2018.
Prior to the announcement, on November 29, 2017, Whirlpool announced the completion of its manufacturing facility expansion in La Tablada City, located in Buenos Aires Province, Argentina. The development followed the Company's $20 million investment plan, which started in 2016, when the facility started manufacturing ranges. The facility would also manufacture front load washing machines with Sense Inverter technology. This investment would result in the addition of approximately 100 new and 300 indirect jobs at the location.
The facility represented the completion of a two-year project which allowed the Company to bring its global platform and latest innovation to the particular market, where the innovations would be customized to meet the consumers' demand in the region.
Stock Performance Snapshot
January 09, 2018 - At Tuesday's closing bell, Whirlpool's stock marginally declined 0.40%, ending the trading session at $168.37.
Volume traded for the day: 1.03 million shares, which was above the 3-month average volume of 971.26 thousand shares.
After yesterday's close, Whirlpool's market cap was at $12.12 billion.
Price to Earnings (P/E) ratio was at 15.88.
The stock has a dividend yield of 2.61%.
The stock is part of the Consumer Goods sector, categorized under the Appliances industry.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
