Whirlpool and Coinstar get shredded

October 28, 2011: 1:17 PM ET
Whirlpool stock

Click chart for more on Whirlpool.

NEW YORK (CNNMoney) -- While S&P 500 companies are on pace to reach record earnings, with more than 70% reporting above the consensus estimates, not everything is rosy.

At least not according to at least one major consumer appliances manufacturer -- Whirlpool (WHR, Fortune 500).

Whirlpool's shares plunged 12% this morning after the company announced job cuts, a plant closure and slashed its earnings outlook.

Another stock that is getting shredded today is Coinstar (CSTR). The owners of the DVD and BlueRay disk rental kiosks Redbox beat the earnings estimates for Q3, but revenues fell short of expectations.

Coinstar also guided earnings and sales below the consensus for next quarter and announced a 20% in increase for DVD rentals.

Meanwhile, Las Vegas Sands's latest results proved that the casino business is alive and well, not only in Asia, but also here in the U.S. LVS (LVS, Fortune 500) reported a 26% increase in revenue, 43% growth in earnings and higher margins.

These are some of the popular themes on StockTwits this Friday:

Retail_Guru: US appliance sales back to 1998 levels, down 25% from peak; Europe down 15% from peak $WHR $BBY

AronPinson: Dear $WHR, it doesn't look good when you're the only co to slash 10% of workforce & cut earnings estimates by 20%... & blame it on economy.

ivanhoff: I don't think 20% raise in price ($1 to $1.20) will matter for $CSTR users. Good for the bottom line. LT positive. (No Position)

lamonicabuzz: Should Redbox change name to Qwikster? $CSTR DVD biz raising prices. Like $NFLX. Investors not happy. Also like $NFLX. Down 10% pre-market.

fundmyfund: $$ No real slowdown in Asia/China really showing in $LVS results. Even Las Vegas was decent http://stks.co/q4U

maddogm86: $LVS no reason it should be under 50, still has another casino opening in 5 months to boost revs, and Las Vegas operations making money  To top of page

Index Last Change % Change
Dow 17,172.68 -107.06 -0.62%
Nasdaq 4,527.69 -52.10 -1.14%
S&P 500 1,994.29 -16.11 -0.80%
Treasuries 2.57 -0.02 -0.81%
Data as of 6:56pm ET
Company Price Change % Change
Bank of America Corp... 17.03 0.08 0.47%
Yahoo! Inc 38.65 -2.28 -5.57%
Apple Inc 101.06 0.10 0.10%
EMC Corp 29.68 0.15 0.51%
Microsoft Corp 47.06 -0.46 -0.97%
Data as of 4:01pm ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.17%4.24%
15 yr fixed3.26%3.30%
5/1 ARM3.33%3.42%
30 yr refi4.16%4.22%
15 yr refi3.25%3.29%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.