UPDATE: Federal-Mogul Posts Q2 Profit

Federal-Mogul

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.