Hefei

Type: City
Name: Hefei
Country: China
Latitude: 31.85
Longitude: 117.279999
population: 1,388,904
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Whirlpool Just Added Risk And Subtracted Return And Investors Seem To Love It

Summary 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 ... [Published Seeking Alpha - 8 hours ago]
First reported 21 hours ago - Updated 10 hours ago - 2 reports

Ch Rongsheng: govt asked to assist unit's restructuring

AM (Infocast News) China Rongsheng Heavy Industries Group Holdings Limited (01101) announced that it has asked a government authority to assist in procuring the negotiations with independent third party(ies) on the investment and restructuring of Jiangsu ... [Published CCB International - 10 hours ago]
First reported 12 hours ago - Updated 12 hours ago - 1 reports

Should English teaching jobs be for whites-only?

Editor's note: Some say that if you are an English speaker with blond hair, white skin and blue eyes, you're guaranteed an English teaching job in China. Many schools will hire you even if you haven't any prior experience, teaching credentials or a working ... [Published CHINAdaily.com.cn - 12 hours ago]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Fuzhou Air announces eight new flight routes

Fuzhou Air, the first airline based in Fuzhou city, Fujian province, announced eight new flight routes on Oct 27. The eight cities to be connected by the airline are Shanghai (Pudong district), Tianjin, Kunming, Haikou, Hefei, Taiyuan, Chongqing and Xi’an. ... [Published Whats On Xiamen - 17 hours ago]
First reported Oct 29 2014 - Updated Oct 29 2014 - 1 reports

Xiamen's public service ranks 1st among 36 cities in China

The recently did an investigation on the public service indexes of 36 cities around China. According to the results of the survey, Xiamen had the highest score and ranked 1st among the 36 cities. Sponsored by the Lien Foundation, the investigation scored ... [Published Whats On Xiamen - Oct 29 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Whirlpool Lowers Full-Year Outlook, Analyst Reiterates Buy Rating

Shares of Whirlpool are climbing in Tuesday trading after the company posted a higher quarterly profit but trimmed its full-year profit outlook. Excluding items, earnings rose to $3.04 a share from $2.72 a year ago, missing analyst expectations for earnings ... [Published TheStreet.com - Oct 28 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Whirlpool's (WHR) CEO Jeff Fettig on Q3 2014 Results - Earnings Call Transcript

OperatorGood morning, and welcome to Whirlpool Corporation's Third Quarter 2014 Earnings Release Call. Today's call is being recorded. For opening remarks and introductions, I would like to turn the call over to Senior Director of Investor Relations, ... [Published Seeking Alpha - Oct 28 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Whirlpool Reports Record Q3 Earnings

Benton Harbor, Mich. — Whirlpool said higher revenues and greater cost efficiencies contributed to record profits in the third quarter.Net income increased 17.3 percent to $230 million for the three months, ended Sept. 30, while net sales edged up 3 percent ... [Published TWICE - Oct 28 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Hefei Rongshida Sanyo Electric : Rongshida Sanyo Q1-3 Net Down 6.01%

HEFEI , October 28 , SinoCast -- Hefei Rongshida Sanyo Electric (SHSE: 600983) recorded net profits attributable to shareholders reached CNY 303 million from January to September, falling 6.01% year on year.Operating income reached CNY 4.057 billion ... [Published 4 Traders - Oct 28 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

China Sept. industrial profits edge up 0.4 percent year/year

A worker pulls a cart in front of the smoking chimneys of a power plant in Hefei, Anhui province, October 24, 2014.Credit: Reuters/Stringer(Reuters) - China's industrial profits in September edged up 0.4 percent from a year earlier, reversing a 0.6 percent ... [Published Reuters - Oct 28 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Special high-speed rail tour lines set up for APEC

BEIJING, Oct. 28 (Xinhuanet) -- According to a statement by an official from the Beijing Railway Bureau issued on October 18, several high-speed railway tourist lines will be launched for Beijing residents during the APEC meetings.The 6 tourism lines ... [Published Xinhua News Agency - Oct 28 2014]
First reported Oct 23 2014 - Updated Oct 24 2014 - 4 reports

Whirlpool Concludes Acquisition Of Major Stake In Hefei Sanyo - Quick Facts

Whirlpool Corp. (WHR: Quote) has closed its acquisition of a majority interest in Hefei Rongshida Sanyo Electric Co., Ltd., a home appliances manufacturer based in Hefei, China.Hefei Sanyo has an established and broad distribution network that includes ... [Published RTTNews.com - Oct 24 2014]

Quotes

...13 a share, according to Thomson Reuters. Bank of America Merrill Lynch analyst Denise Chai reiterated her Buy rating on the stock. She said, "The company should continue to benefit from the attractive appliance replacement cycle and pent-up demand. Additionally, we believe the Street continues to underestimate the impact of the Indesit and Hefei acquisitions. Valuation remains attractive with shares trading at a 35% discount to peers."
...of our business and growth opportunities in our adjacent businesses, we have created an outstanding platform for profitable growth," said Fettig. "We remain confident in our ability to deliver a record level of performance in 2014 and we will continue to execute our long-term growth strategy to increase shareholder value. We plan to share the details of that strategy at an Investor Day in December."
...and drive product leadership and innovation in a recovering global economy," said Jeff Fettig, chairman and CEO of Benton Harbor-based Whirlpool. "This structure will bring leadership focus on our strategic initiatives for growth within all of our global markets."
Whirlpool prefaced an upbeat outlook by saying in July that acquiring the Indesit and Hefei Sanyo stakes would provide "an outstanding platform for growth and value creation in 2015 and beyond."

More Content

All (318) | News (223) | Reports (0) | Blogs (48) | Audio/Video (0) | Fact Sheets (44) | Press Releases (3)
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PICTURE: Fuzhou Airlines launches operations [Published Flight International - 3 hours ago]
Whirlpool Just Added Risk And Subtracted Return... [Published Seeking Alpha - 8 hours ago]
Ch Rongsheng: govt asked to assist unit's restr... [Published CCB International - 10 hours ago]
Should English teaching jobs be for whites-only? [Published CHINAdaily.com.cn - 12 hours ago]
Fuzhou Air announces eight new flight routes [Published Whats On Xiamen - 17 hours ago]
Announcements and Notices - Inside Information ... [Published Noodls - 21 hours ago]
Xylem Supplies Multiple Wastewater Treatment De... [Published impeller.net - Oct 29 2014]
Xiamen's public service ranks 1st among 36 citi... [Published Whats On Xiamen - Oct 29 2014]
Whirlpool Lowers Full-Year Outlook, Analyst Rei... [Published TheStreet.com - Oct 28 2014]
Whirlpool's (WHR) CEO Jeff Fettig on Q3 2014 Re... [Published Seeking Alpha - Oct 28 2014]
Here’s Why Whirlpool Is Up Today [Published Bidness Etc - Oct 28 2014]
Whirlpool Reports Record Q3 Earnings [Published TWICE - Oct 28 2014]
Hefei Rongshida Sanyo Electric : Rongshida Sany... [Published 4 Traders - Oct 28 2014]
Whirlpool Corporation Reports Third-Quarter 201... [Published Pettinga Financial Advisors - Oct 28 2014]
China Sept. industrial profits edge up 0.4 perc... [Published Reuters - Oct 28 2014]
Special high-speed rail tour lines set up for APEC [Published Xinhua News Agency - Oct 28 2014]
Good growth for Goodman as space shortage drive... [Published Journal of Commerce - Oct 27 2014]
Whirlpool names vice chairmen [Published Grand Rapids Business Journal - Oct 27 2014]
Modine Secures Significant Commercial Vehicle A... [Published Myrtle Beach Sun News - Oct 27 2014]
What to expect from Whirlpool's earnings [Published Morningstar.com - Oct 27 2014]
PPPL successfully tests system for mitigating i... [Published ORNL Review - Oct 27 2014]
XINYUAN REAL ESTATE : to Participate in Jefferi... [Published 4 Traders - Oct 27 2014]
Anhui Jianghuai Automobile : Jianghuai Auto to ... [Published 4 Traders - Oct 27 2014]
Anti-terrorist drill held in Anhui [Published People.com.cn - Oct 27 2014]
Hefei Rongshida Sanyo Electric Co Ltd announces... [Published Reuters - Oct 27 2014]
Huaihe River pollution remains serious [Published Xinhua News Agency - Oct 27 2014]
XINHUA - Huaihe River pollution remains serious [Published Namibia Press Agency - Oct 27 2014]
Woman held after baby thrown from 6th floor bal... [Published Shanghai Daily - Oct 27 2014]
Whirlpool Names Michael Todman and Marc Blitzer... [Published Individual.com - Oct 27 2014]
Anti-terror drill held in Hefei, E China's Anhui [Published Xinhua News Agency - Oct 27 2014]
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Blogs

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Whirlpool Completes Acquisition Of Majority Sta... [Published PR Newswire: Consumer Products & Retail - Oct 24 2014]
BENTON HARBOR, Mich., Oct. 24, 2014 /PRNewswire/ -- Today Whirlpool Corporation [NYSE: WHR] completed its acquisition of a majority interest (51 percent) in Hefei Rongshida Sanyo Electric Co., Ltd. [600983: Shanghai], a leading home appliances manufacturer ...
Online Financing, Rising Costs Squeeze Profits ... [Published Clusterstock - Oct 23 2014]
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5448777f5afbd333458b4567-450-300/online-financing-rising-costs-squeeze-profits-at-chinas-midsize-banks.jpg" border="0" alt="A security personnel on duty stands next to the reception ...
Paying for externalities [Published Balloon Juice - Oct 08 2014]
The Incidental Economist passes along an interesting study on the positive net social benefit of increased substance abuse treatment provided by expanded public health insurance: A new NBER working paper by Hefei Wen and colleagues finds that public ...
Noted for Your Morning Procrastination for Octo... [Published J. Bradford DeLong's Grasping Reality with All ... - Oct 07 2014]
Over at Equitable Growth -- The Equitablog Afternoon Must-Read: Paul Krugman: Why Weren’t Alarm Bells Ringing? - Washington Center for Equitable Growth Afternoon Must-Watch: Thomas Piketty, Heather Boushey, Anwar Shaikh - Washington Center for ...
Noted for Your Morning Procrastination for Octo... [Published Brad DeLong - Oct 07 2014]
Over at Equitable Growth -- The Equitablog Afternoon Must-Read: Paul Krugman: Why Weren’t Alarm Bells Ringing? - Washington Center for Equitable Growth Afternoon Must-Watch: Thomas Piketty, Heather Boushey, Anwar Shaikh - Washington Center for ...
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Press Releases

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The efficacy of Acetium® capsule in treatment o... [Published GlobeNewswire: Advertising News - Oct 15 2014]
Whirlpool Corporation receives final CSRC appro... [Published Financial Services - Sep 15 2014]
China Dental Market 2013 Analysis and 2016 Fore... [Published PR Newswire - Jan 30 2014]
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