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Whirlpool cuts profit view for 2014

2014-12-16 03:59:40| Appliances - Topix.net

Whirlpool Corp. cut its financial forecast for the year and offered a weak forecast for 2015, citing integration costs related to recent acquisitions. The world's largest home-appliance manufacturer by sales said it now expects to close the year with a profit of $8 to $8.20 a share, down from $9.40 to $9.90 a share, largely due to the impact of new laundry products and costs associated to the integration of Italy's Indesit Co.

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