UPDATE: Federal-Mogul Posts Q2 Profit
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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.