BUSINESS
09/24/2009 05:12 am ET | Updated May 25, 2011

Cash for Refrigerators: Appliance Trade-Ins Are The Latest Stimulus Idea

A $300 million cash-for-clunkers-type federal program to boost sales of energy-efficient home appliances provides a glimmer of hope for beleaguered makers of washing machines and dishwashers, but it's probably not enough to lift companies such as Whirlpool (WHR) and Electrolux out of the worst down cycle in the sector's history.

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