CORRECTED - UPDATE 1-Advance Auto quarterly profit down 5 pct

Newswire

(Corrects company name to Advance Auto in headline and first paragraph instead of Advanced Auto; deletes extraneous word in second bullet point) * Q3 net income $56.2 million versus $59 million year ago * Says economic downturn continues to pressure earnings DETROIT, Oct 29 (Reuters) - Auto parts retailer Advance Auto Parts Inc posted a 5 percent fall in third-quarter profit on Wednesday and said the economic slowdown will continue to pressure earnings. Net income dropped to $56.2 ...

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