SOURCE: Shinesrooms.com

Shinesrooms.com

November 05, 2012 08:05 ET

Equity Research on iRobot Corp. and Whirlpool Corp. -- North American Demand for Appliances Strong but Headwinds Remain

NEW YORK, NY--(Marketwire - Nov 5, 2012) - Companies operating in the appliances industry, such as iRobot Corporation and Whirlpool Corp., seem to have enjoyed some positive trends in the third quarter; however, headwinds remain. Consumer spending in North America has been gaining momentum recently but the situation in Europe continues to be concerning. Depressed spending has been something of a drag for companies with operations in the region. Get your free reports on iRobot Corporation and Whirlpool Corp. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.

www.ShinesRooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Appliances industry and are offering free analytical research on iRobot Corporation (NASDAQ: IRBT) and Whirlpool Corp. (NYSE: WHR). Register with us now to have free access to these research reports. Simply click on the link below.

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In the third quarter, Whirlpool reported a 2 percent increase in revenues from North America, though total revenues for the quarter declined 2.8 percent year-over-year. A strong product mix and pricing as well as improved efficiency helped to offset higher raw material costs. Nonetheless, reported profits declined 58 percent year-over-year. Whirlpool Corp. report is accessible for free by registering today at

http://www.ShinesRooms.com/WhirlpoolCorp051112.pdf

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Elsewhere in the industry, iRobot reported an 8.2 percent improvement in third quarter profits, aided by stronger home-robot sales. Despite these positive results, the company also brought down its full-year earnings guidance from between $0.90 and $1 per share, to between $0.44 to $0.50 cents. The adjustment, as well as the company's recent decision to cut around 13 percent of its workforce, reflects the deteriorating outlook for Defense and Security spending which could further depreciate next year. iRobot Corporation report is accessible for free by registering today at

http://www.ShinesRooms.com/iRobotCorporation051112.pdf

The two Appliances stocks research reports are available for free by signing up now on the link below.

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