Whirlpool forecasts 2020 largely above estimates as profit beats
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(Reuters) - Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.The owner of brands such as KitchenAid and Maytag increased prices twice in 2019 as U.S. tariffs on imported steel and aluminium, both major components in the company's products, pushed up the cost of production. Chief Executive Officer Marc Bitzer..