Whirlpool Corp
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Consumer Discretionary : Household Durables | Mid Cap Value
Company profile

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company's segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names. In EMEA, it markets and distributes its home appliances primarily under the Whirlpool, Bauknecht, Ignis, Maytag, Laden, Indesit and Privileg brand names, and domestic appliances under the KitchenAid, Hotpoint and Hotpoint-Ariston brand names. In Latin America, it markets and distributes its home appliances and small domestic appliances primarily under the Consul, Brastemp, Whirlpool and KitchenAid brand names. The Company markets and distributes its products in Asia primarily under the Whirlpool, Maytag, KitchenAid, Amana, Bauknecht, Jenn-Air, Diqua and Royalstar brand names. It manufactures and markets a line of home appliances and related products.

Closing Price
$236.45
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
559,232
0

ViacomCBS prices $3 billion offering of equity securities

7:18 am ET March 24, 2021 (MarketWatch)
Print

ViacomCBS Inc. (VIAC) priced the offering of $3 billion of equity securities announced on Tuesday to help fund investments in its streaming service Paramount+, which launched in March. The company priced $20 million shares of its Class B common stock at $85 a share. It priced 10 million shares of its 5.75% mandatory convertible preferred stock at $100 a share. Underwriters led by Morgan Stanley, J.P. Morgan, Citigroup, Goldman Sachs & Co. LLC, Mizuho Securities and Siebert Williams Shank have the option to purchase up to an additional 3 million Class B shares and up to an additional 1.5 million shares of mandatory convertible preferred stock. The company expects to raise $3.06 billion if both options are exercised. The company is planning to apply to list the mandatory convertible preferred stock on Nasdaq, under the ticker "VIACP." ViacomCBS shares were down 5.8% premarket. The stock closed Monday at a record of $100.34, marking a 12th record close (http://www.marketwatch.com/story/viacomcbs-stock-rises-toward-12th-record-in-march-after-benchmark-bucks-wall-street-trend-with-bullish-call-2021-03-22)so far this month. The stock has gained 144.9% in the year to date.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

March 24, 2021 07:18 ET (11:18 GMT)

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