Whirlpool Corporation Reports Fourth-Quarter and Full-Year 2009 Results
02.02.10
. The company's earnings and free cash flow projections are based upon current economic forecasts and business plans.
"We have positioned the company to deliver strong earnings growth despite a continued challenging economic backdrop in the developed economies," said Fettig. "Cost reduction, cash flow generation and balanced market execution remain key operating priorities. These efforts combined with our global brand portfolio, innovative product offerings and the value of innovation we bring to consumers will provide us with growth opportunities throughout the year."
* T7 refers to the following household appliance categories: washers, dryers, refrigerators, freezers, dishwashers, ranges and compactors.
** A reconciliation of free cash flow, a non-GAAP financial measure, to cash provided by operations appears below under the heading "Cash Flow Reconciliation."
FOURTH-QUARTER 2009 PRODUCT LAUNCHES
Whirlpool
Source: PR Newswire (press release)
Hot Property in Chatham: 11 Highland Ave.
04.02.10
This 1920s gardener's cottage at 11 Highland Ave. in Chatham has had a dramatic makeover that nearly tripled its living space. The charming residence blends old and new to produce a sophisticated, original home to call your own.
The addition on the exterior was inspired by Frank Lloyd Wright's addition to his Illinois home. The design offers light, warmth and excitement from the circular steps leading to the living area to the large plain-and-fancy unfitted kitchen with a log-burning fireplace, built-in custom dresser with plate rack, Wolf double ovens and Bosch dishwasher.
An open floor plan creates a casual flow from the kitchen into a den and a butler's pantry with icemaker and wet bar. This colonial is filled with detail and was designed with an eye toward quality and first-class architectural features — it's like having a bit of Manhattan in Chatham.
The home has 10 rooms, which includes four bedrooms, three full and two half-baths. There is a two-car, attached garage and a partial unfinished basement.
Source: In Jersey (blog)