Welbilt, Inc. (WBT) News

Welbilt, Inc. (WBT): $24.01

0.02 (+0.08%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Home Improvement & Goods

Industry

NR

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Latest WBT News From Around the Web

Below are the latest news stories about WELBILT INC that investors may wish to consider to help them evaluate WBT as an investment opportunity.

Top 10 Stock Picks of Alec Litowitz and Ross Laser’s Magnetar Capital

In this article, we discuss the top 10 stock picks of Alec Litowitz and Ross Laser’s Magnetar Capital. If you want to skip our detailed analysis of Litowitz’s and Laser’s history, investment philosophy, and hedge fund performance, go directly to the Top 5 Stock Picks of Alec Litowitz and Ross Laser’s Magnetar Capital. Magnetar Capital, […]

Yahoo | June 23, 2022

Ali Group gains conditional EU nod for $3.4 bln Welbilt acquisition

BRUSSELS — Italian food-service equipment maker Ali group secured conditional EU antitrust approval on Friday for its $3.4 billion for Welbilt after agreeing to sell its U.S. rival’s global ice-making machine business. The European Commission said the asset divestment included three manufacturing facilities in China, Mexico and the United States. “Following the transaction, the combined […]

Financial Post | June 17, 2022

Ali Group gains conditional EU nod for $3.4 billion Welbilt acquisition

BRUSSELS (Reuters) – Italian food-service equipment maker Ali group secured conditional EU antitrust approval on Friday for its $3.4 billion for Welbilt after agreeing to sell its U.S. rival’s global ice-making machine business.

FX Empire | June 17, 2022

Welbilt ticks higher after European antitrust regulator approves Ali Group sale

Welbilt (WBT) ticked up 0.8% after the European Commission conditionally approved the company''s sale to Ali Group, according to a statement on the regulator''s website.The approval…

Seeking Alpha | June 17, 2022

Is Welbilt (WBT) Still a Worthy Investment Pick?

Turtle Creek Asset Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here.

Insider Monkey | June 2, 2022

10 Best Stocks to Buy According to Billionaire Carl Icahn

In this article, we will look at 10 best stocks to buy according to billionaire Carl Icahn. If you want to skip reading about Carl Icahn’s investment career, you can go directly to 5 Best Stocks to Buy According to Billionaire Carl Icahn. Carl Icahn is an American billionaire investor and hedge fund manager of […]

Yahoo | June 1, 2022

Welbilt KitchenConnect Launches the Largest Smart Restaurant Ecosystem for the Foodservice Industry

Welbilt, Inc. (NYSE:WBT), a leading provider of commercial equipment and cloud device management for the foodservice industry, is proud to announce today the launch of the Largest Smart Restaurant Ecosystem. The ecosystem is powered by the biggest digital companies in the Internet of Things (IoT) space that will empower its homegrown cloud platform for connected restaurant equipment, KitchenConnect.

Wallstreet:Online | May 20, 2022

AT&T and Welbilt to Showcase Connected Kitchen at National Restaurant Association Show in Collaboration with Microsoft

As restaurant operators seek to accelerate their digital transformation in response to labor challenges, changing consumer behaviors, and increasing cost pressures, AT&T*, Microsoft and Welbilt are coming together to help restaurants digitize, simplify and transform their kitchens across the food service industry.

Yahoo | May 19, 2022

Turtle Creek - Welbilt Inc: The Middleby Acquistion Story

In April 2021, Welbilt announced it had agreed to sell to Middleby Corp. in an all-share transaction. Click here to read more about the acquistion.

Seeking Alpha | May 11, 2022

Welbilt Non-GAAP EPS of $0.10, revenue of $333M

Welbilt press release (NYSE:WBT): Q1 Non-GAAP EPS of $0.10.Revenue of $333M.

Seeking Alpha | May 10, 2022


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