16.12.2014 - Whirlpool worsened earnings forecast

Whirlpool Company has reduced forecast on financial performance for the year and worsened the outlook for 2015, considering the cost of acquisitions. The world's largest producers of household appliances is going to get 8.0-8.2 dollar earnings per share, compared with the previously expected 9,4-9,9 dollars per share. The reason for the decline in profits was the launch of new products and the purchase of the Italian company Indesit and Chinese Hefei Rongshida Sanyo. In 2015 it is planned to receive 10,75-11,75 dollars in earnings per share. According to analysts, company will double sales in Europe and Asia. We recommend buying shares of companies with growth potential by 25-30% per year.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.