Skip navigation
Newswire

Bankrupt Federal-Mogul posts quarterly loss

CHICAGO, Oct 21 (Reuters) - Bankrupt auto-parts maker Federal-Mogul Corp. on Tuesday posted a quarterly loss as reorganization expenses cut into profit.

Federal-Mogul, whose products include Champion spark plugs, Moog chassis, Fel-Pro gaskets and Wagner brakes and lighting, reported a third-quarter net loss of $29.5 million, or 34 cents a share, compared with a net loss of $73.3 million, or 89 cents, a year ago.