Author: 007 Stock Chat

WHR – Whirlpool Corp. named to Forbes' list of 'America's Best Employers 2022'

BENTON HARBOR, Mich., Feb. 10, 2022 /PRNewswire/ — Whirlpool Corp. (NYSE: WHR) announced today it has been named to Forbes’ list of the “America’s Best Employers 2022.” The final list ranks 500 large and 500 midsize American companies that are admired by employees for their dedication to their workforce and their unparalleled company culture. 

“There is something profoundly unique about working at Whirlpool. For over 110 years, families have relied on our products to take care of loved ones,” said Carey Martin, chief human resources officer for Whirlpool Corp. “Our employees around the world are the definition of resilient and we’re proud to be building a special work environment where every person can feel right at home as they shape their careers.”

Whirlpool Corp. has taken meaningful actions to cultivate a strong, inclusive and diverse culture to support its employees around the world. As part of its social efforts, the company has created consistent communications with employees through its annual Employee Engagement Survey. The survey has helped facilitate the company’s ongoing response to COVID-19, including quickly implementing health and safety procedures to protect employees. The company has also strengthened its workforce development and engagement programs by offering online learning platforms and providing educational reimbursement to employees seeking to further their own development and improve on-the-job skills.

Whirlpool Corp. is focused on Inclusion & Diversity, including delivering on its Racial Equity Pledge, which commits to drive hiring and development for all current and future Black colleagues and positive impacts in the local communities where the company does business. As part of these efforts, CEO and Chairman Marc Bitzer remains a founding member of OneTen, a coalition of leading corporate executives who have joined efforts  with the mission to train, hire and advance one million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement. In addition to these initiatives, Whirlpool Corporation has maintained eight Employee Resource Groups (ERGs) around the world and continues to celebrate its annual Global Inclusion Week to teach employees about the importance of Inclusion & Diversity in the workplace.

In recognition of these efforts, Whirlpool Corp. is regularly recognized as a leading company in efforts related to employee engagement and support. In 2022, the company was named one of America’s Most JUST Companies as well as one of Fortune’s World’s Most Admired Companies for the twelfth consecutive year.

America’s Best Employers 2022 were identified in an independent survey taken by approximately 60,000 Americans working for companies with more than 1,000 employees in the United States. In total, 1,000 employers were recognized across 25 different industry sectors. The evaluation was based on direct and indirect recommendations from respondents who were asked to rate their willingness to recommend their own employer to friends and family. Their evaluations also included other employers in their respective industries that stood out either positively or negatively.

Click here to see the full list of Forbes “America’s Best Employers 2022”.

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and Yummly. In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

SOURCE Whirlpool Corporation

TSLA – Tesla Inc recalls a further 600,000 vehicles after “Boombox” issue

Tesla has announced its fourth vehicle recall in the space of two weeks, with this time almost 600,000 cars affected by a problem with the internal sound system called “Boombox”.

The National Highway Traffic Safety Administration said “Boombox” breached the standard that requires pedestrian warning noises for electric cars.

NSTA said the problem can be fixed with a software update that will disable the “Boombox” function.

The recall covers Tesla Model X, S, and Y models as well as Model 3s.

It was the EV maker’s second violation of a federal motor vehicle safety standard in a fortnight, with Tesla having to recall 54,000 vehicles equipped with “Full Self-Driving” software that allowed the vehicles to carry on through stop signs at low speeds.

The company also had to recall over 800,000 vehicles because of a problem with the seat belt warning chimes, with a further 27,000 having to be recalled because the cabin heating systems may not defrost the windshield quickly enough.

Tesla has been locking horns with the NHTSA following a complaint in California last November that the “full self-driving” software had caused an accident.

The carmaker said that 60,000 drivers were now testing its “full self-driving” software in its earnings release last week.

FICO – FICO Achieves High Ranking in Forbes' Best Mid-Sized Employers List for Two Consecutive Years

BOZEMAN, Mont.–()–FICO, a leading applied analytics company, announced today that it holds a leading position in Forbes Magazine’s America’s Best Employers survey for the second year in a row – #2/500 on the overall Top Mid-Size Employers list and #1/38 in the IT, Internet, Software & Services Industry list. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. Ranking the 500 companies, the recognition is calculated by an anonymized survey based entirely on employee satisfaction.

“It is an honor for FICO to be acknowledged as one of America’s Best Employers for the second year,” said Richard Deal, executive vice president and chief HR officer at FICO. “FICO is committed to building a high performance culture which strives to fully engage each and every colleague. We are proud to provide a flexible, trust-based work environment that encourages our people to grow professionally, empowers them to challenge established ways of doing things, and motivates them to earn the respect of team members and customers.”

FICO has a leading analytic decisioning platform used to optimize consumer interactions across all customer decisions. The cloud-based software company created FICO® Platform, an ideal decisioning foundation companies need to successfully achieve digital transformation. This innovative foundation predicts, analyzes, and optimizes customer interactions in real-time to make better customer decisions.

The same spirit of innovation and empowerment FICO provides its clients also drives FICO’s people. All are given a voice, through quarterly engagement surveys and by contributing to the all-internal FICO Podcast Network, an initiative created by employees, for employees, aimed at broadly sharing thoughts and ideas throughout the organization. Employees are equally empowered to innovate and collaborate to solve internal business challenges via FICO Transformers, a community of global colleagues who work together across disciplines, implementing solutions to common progress barriers.

Forbes and Statista selected the America’s Best Employers 2022 through an independent survey applied to a sample of approximately 60,000 American employees working for companies with more than 1,000 employees in America. Across 25 industry sectors, 1000 employers (500 large employers and 500 midsize employers) were awarded. The evaluation was based on direct and indirect recommendations from employees who were asked to rate their willingness to recommend their own employers to friends and family. Employee evaluations also included other employers in their respective industries that stood out either positively or negatively.

The awards list posted today, February 10th, 2022, and can currently be viewed on the Forbes website here: https://www.forbes.com/lists/best-midsize-employers/?sh=640bcc1210f7.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Bozeman, MT, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail, transportation and supply chain, and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at http://www.fico.com.

Join the conversation at https://twitter.com/fico & http://www.fico.com/en/blogs/.

For FICO news and media resources, visit www.fico.com/news.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

PVH – Are Investors Sacrificing Quality for a Discount on PVH Stock?

Retail stocks, Ecommerce stocks, Clothing stock stocks, apparel stocks

PVH is looking to improve its inconsistent growth rate

PVH Corp (NYSE:PVH) is up 1.1% to trade at $104.17 at last check, after the parent of Tommy Hilfiger and Calvin Klein yesterday appointed Zac Coughlin as its chief financial officer. The apparel retailer has had a volatile last few months on the charts, but shares are now pacing for their first close above the 60-day moving average in more than one month, after bouncing off a Jan. 28, nearly annual low of $89.54. Over the past three months, PVH has shed 13.9%.

PVH 60 Day

Options traders lean bullish. This is per PVH’s 50-day call/put volume ratio of 3.97 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which stands higher than 97% of readings in its annual range. This means long calls have been picked up at a quicker-than-usual pace in the past 10 weeks.

The security sports attractively priced premiums, too. The stock’s Schaeffer’s Volatility Index (SVI) of 40% ranks higher than just 12% of reading from the last 12 months. This means options players are pricing in relatively low volatility expectations for PVH right now.

From a fundamental point of view, the apparel stock stock has an attractive valuation, with a price-earnings ratio of 14.99, and a price-sales ratio of 0.78. PVH also sports a forward price-earnings ratio of 9.29. However, the company has a history of failing to produce consistent top- and bottom- line growth.

Although PVH’s trailing 12-month revenues have increased 24% since 2021, the company’s revenues are still down 11% since 2020. Additionally, PVH’s net income decreased roughly $1.88 billion between 2019 and 2021. Nonetheless, PVH has partly recovered on the bottom-line, leaving its trailing 12-month net income at a 33% decline since 2019.

Furthermore, the apparel names hold a weak balance sheet with $1.3 billion in cash and $5.4 billion in total debt, making PVH stock a fairly risky value option, despite its strong valuation.