Tenneco posts flat quarterly earnings, sales rise


CHICAGO, April 27 (Reuters) - Auto parts supplier Tenneco Inc. on Thursday posted flat quarterly earnings as gains in Europe, North American replacement parts and China offset weaker business with vehicle manufacturers in North America. Net income was unchanged at $7 million, or 14 cents per share, in the current quarter from $7 million, or 16 cents per share, a year earlier, said Tenneco, which makes mufflers and shock absorbers. Net sales rose 2.8 percent to $1.13 billion, Lake Forest, ...

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