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Moody's: Whirlpool view positive
Moody's Investors Service said it changed Whirlpool Corp.'s outlook to positive from stable.
At the same time, all ratings were affirmed, including the Baa3 senior unsecured rating and the Prime-3 commercial paper rating.
Moody's said the change is due to its expectation that Whirlpool's credit profile and earnings will continue to improve despite fiscal and overall macroeconomic concerns in the U.S. and the effect that they would have on demand over the next few quarters.
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