UPDATE 1-Whirlpool sales miss estimates as Latin America drags

Whirlpool Corp on Tuesday reported quarterly sales below analysts’ estimates, hurt by lower appliance sales in Latin America, sending its shares down 2% in trading after the bell. Net sales in the Latin American unit fell 28% to $632 million in the third quarter. Chief Executive Officer Marc Bitzer attributed the decline to the sale of the company’s Embraco compressor business and to a small extent to currency changes. …read more

Source:: Yahoo Finance

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