Whirlpool Stock Sinks on Appliance Maker's Weaker-Than-Expected Results, Outlook

1. Whirlpool's North American sales fell; fourth-quarter results missed forecasts. 2. Company reported a loss of $7.10 per share vs. expected loss of $0.88. 3. Revenue dropped 19% year-over-year to $4.14 billion, missing estimates. 4. North American appliance sales declined 1.2%, unlike growth in Asia and Latin America. 5. Whirlpool plans to cut ownership in its Indian subsidiary to about 20%.