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-0.00252596126859398 -0.00301712040415385 -0.00392927308447939 -0.00729722144260449 -0.00617457198989612 0.00147347740667982 -0.00308728599494806 0.000912152680325536
Stock impact report

David Tepper Tells Whirlpool to Take Care of Its Own Dirty Laundry [Yahoo! Finance]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
David Tepper Tells Whirlpool to Take Care of Its Own Dirty Laundry - Moby BREAKING NEWS David Tepper is staring at Whirlpool's board with the "astonishment" usually reserved for Bryce Young botching a fourth-down conversion. The billionaire founder of Appaloosa Management fired off a letter that CNBC's Andrew Ross Sorkin first obtained. In it, he accuses the appliance maker of torching shareholder value through a large and unnecessary equity dilution. Tepper's math is simple. The company raised capital at a 10% cost, which is roughly double its debt cost. Tepper, never one for subtlety, told the Maytag makers the spincycle of excuses is over. There is a specific brand of comedy in Tepper lecturing anyone on value destruction. His stewardship of the Carolina Panthers is a case study in how to alienate a fan base. For Panthers fans, watching him demand "fiduciary responsibility" is a bitter pill of irony. In fact, it probably requires a heavy chaser of grain alcohol. It is like g Show less Read more
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