After the closing bell on Monday, Weber Inc.’s largest shareholder, BDT Capital Partners, made an offer to buy the outdoor grill maker’s remaining shares for $6.25 apiece. Weber’s WEBR, +30.42% Read more
Tag: Household Appliances
Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The offer Read more
Opinion: Value stocks have outperformed growth stocks. And now they’re even better bets
Value stocks over the past two months have become even more compelling investments. Value stocks significantly outperformed growth stocks in the past century, though there have been long stretches that Read more
Opinion: We need smarter AC to keep cool without making climate change worse
Recent heatwaves have led to thousands of deaths and captured headlines as we enter a dangerous new era of extreme heat contributing to dangerous wildfires and harming agriculture production. Yet, one of the quickest and most sought-after solutions to deal Read more
Amazon’s $1.7 billion purchase of Roomba maker iRobot sparks privacy fears: ‘Homes were your last data sanctuary’
Amazon.com Inc.’s deal to purchase Roomba maker iRobot Corp., which comes hot on the heels of the tech giant’s deal to acquire One Medical health clinics, is sparking more privacy Read more
Amazon to buy Roomba maker iRobot as ‘discount shopping’ spree continues
Just weeks after announcing its plans to buy the operator of One Medical health clinics, Amazon.com Inc. said it would be making another deal, this time for Roomba maker iRobot Read more
The best times to make big purchases, and how to plan for them
When Brandy Baxter needed to replace her home’s entire heating and air conditioning system several years ago, she asked contractors if they offered deals at certain times of the year. Read more
Whirlpool slashes annual guidance, seeing demand slowdown
Appliances maker Whirpool Corp. late Monday reported mixed second-quarter earnings and slashed its guidance for the year, saying the results came amid a “challenging environment” with rising costs and a Read more
Electrolux cuts 2022 North American market outlook to negative from neutral
STOCKHOLM–Electrolux AB said Thursday that significant supply chain constraints hit production volumes in the second quarter and meant it was unable to fully meet demand. Moving forward, the company ELUX.B, Read more