Stocks Plunge on Earnings Woes, Spain Worries
Whirlpool (WHR) shares gained 8.7% after the appliance maker hiked its full-year outlook amid the recovering housing market and reported third-quarter earnings that beat expectations and sales that roughly met targets.
Coach (COH) shares surged 7.4% after the luxury goods company booked better-than-expected quarterly profit boosted by stronger international sales and approved the buyback of as much as $1.5 billion in stock by June 2015.
Shares of electronics retailer RadioShack ( RSH ) shares wavered early Tuesday, but finished up 7.5% after stumbling on a bigger-than-forecast quarterly loss amid weakening smartphone margins.
2012 Stock Predictions and Outlook
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>To contact the writer of this article, click here: Andrea Tse. Follow @Commodity_Bull
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