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At least one analyst, Virtual Research's Jeff Sprague, isn't buying all the optimism at...

At least one analyst, Virtual Research's Jeff Sprague, isn't buying all the optimism at Whirlpool (WHR +17.8%), given that in 2012 the company must pay $275M in a Brazilian legal settlement, $110M for anti-trust resolutions, $250M in pension contributions and $279M in restructuring cash outlays. Targets look "extremely optimistic... We reiterate our Sell Rating."
Comments (4)
  • Stone Fox Capital
    , contributor
    Comments (6290) | Send Message
     
    and what do these one time charges have to do with the rating?
    1 Feb 2012, 02:49 PM Reply Like
  • wyostocks
    , contributor
    Comments (8244) | Send Message
     
    Try earnings and cash flow for starters.
    1 Feb 2012, 02:57 PM Reply Like
  • MktMetrics
    , contributor
    Comments (6) | Send Message
     
    Even though my program has had a Buy all along, it all doesn't make since "given that in 2012 the company must pay $275M in a Brazilian legal settlement, $110M for anti-trust resolutions, $250M in pension contributions and $279M in restructuring cash outlays", plus, all the lost business from closing numerous Target Stores that sell the Whirlpool products nationwide. Too many reasons not to be short the stock at this time.
    1 Feb 2012, 03:00 PM Reply Like
  • coolkennylee
    , contributor
    Comments (16) | Send Message
     
    I think buyers will come back below $60, but I would not add here for sure.
    2 Feb 2012, 04:00 PM Reply Like
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