Whirlpool Just Added Risk And Subtracted Return And Investors Seem To Love It
Michael Blair • Yesterday, 12:29 AM
- Acquisitions of Indesit and Hefei Sanyo in the bag.
- $1.5 billion out the door with another $500 million on its way out.
- Acquired operations barely profitable if at all.
- Whirlpool's existing overseas divisions stumbling.
- Investors are buying the stock - go figure.