Electrolux's shares skid after it warns of extra U.S. costs and savings delays

STOCKHOLM (Reuters) - Shares in Electrolux plunged 12% on Monday after the appliance maker warned of a bigger than expected hit to fourth-quarter earnings at its North American business, and slashed its savings forecast for 2020 from its investment programme.The Swedish company, in a statement released on Sunday, forecast a $70 million (£54.56 million) earnings hit in the quarter, partly due to a slower than expected startup of its new automated refrigerator and freezer plant in Anderson,..