Market Overview

UPDATE: Federal-Mogul Posts Q2 Profit

Related FDML
Federal-Mogul Reports Expansion of Powertrain Unit, Relocates Engine Bearing Plants in Shanghai
Strong Results From 2 Leading Auto Suppliers Fails To Move Sector
When Rate Hikes Come, They Will Ripple Across U.S. Economy (Fox Business)

Federal-Mogul (NASDAQ: FDML) posted a profit in the second quarter.

Federal-Mogul swung to a quarterly profit of $56 million, or $0.57 per share, versus a year-ago loss of $59 million, or $0.60 per share.

Its revenue climbed 6% to $1.77 billion from $1.68 billion.

Federal-Mogul shares closed at $10.68 on Friday.

Posted-In: profitEarnings News

 

Related Articles (FDML)

Around the Web, We're Loving...

Get Benzinga's Newsletters