Whirlpool Launches $800 Million Stock Offering to Slash Debt – Shares Tumble
Whirlpool (WHR) announces $800M offering of new shares and convertible preferred stock to reduce $6.5B debt and fund growth. Shares fall 8% premarket on dilution fears.
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Activist Investor Ed Garden Targets Fortune Brands Innovations – Wants New CEO
Investor Ed Garden buys stake in Fortune Brands Innovations and pushes to replace incoming CEO Amit Banati, citing leadership concerns. Company shares dropped sharply after weak earnings.
JPMorgan Slams the Brakes on VF Corp: Vans Recovery Now Looks Years Away
JPMorgan downgrades VF Corp (owner of Vans, The North Face, Timberland) to Underweight with a lower $18 price target, citing slower Vans recovery and weaker future earnings forecasts.
Raymond James Turns Bullish on Chewy: “Attractive” After 33% Drop
Raymond James upgrades Chewy stock to Outperform with a $28 target, calling the 33% drop since Q3 an attractive risk/reward setup thanks to low expectations and strong 2026 growth potential.
Wayfair Stock Drops After Mixed Q4 2025 Earnings
Wayfair beat revenue and adjusted profit forecasts but missed on reported losses due to debt costs — shares fell in premarket despite strong customer growth.
eBay Acquires Depop for $1.2B to Target Gen Z Fashion Shoppers
eBay buys Depop from Etsy for ~$1.2B, boosting its fashion resale with 7M young buyers (90% under 34). Q4 revenue +15% to $3B, shares up 7%.