Whirlpool Plunges After Cutting Outlook For Third Time This Year

Whirlpool Corp. shares tumbled after it cut its full-year outlook for the third time this year and forecast its first annual loss in decades, citing a sluggish recovery as the company tries to mitigate weakening demand for household appliances.

Whirlpool Corp. shares tumbled after it cut its full-year outlook for the third time this year and forecast its first annual loss in decades, citing a sluggish recovery as the company tries to mitigate weakening demand for household appliances.