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Whirlpool Just Added Risk And Subtracted Return And Investors Seem To Love It

2014-10-30 14:11:15| Appliances - Topix.net

Whirlpool shares are flying despite an earnings miss with Bank America Merrill Lynch calling it a buy and saying the investment industry is underestimating the positive impact of the two recent acquisitions of Indesit and Hefei Sanyo. I think the impact of these new divisions is key but that the Bank America analyst is a bit too optimistic.

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