UPDATE 1-Auto parts maker Dana reports higher Q3 profit

Newswire

Oct 27 (Reuters) - U.S. auto parts supplier Dana Holding Corp reported a higher third quarter profit on Thursday, helped by a jump in revenue and keeping its costs low. The Maumee, Ohio-based company reported net income of $110 million, up from $46 million a year earlier. Excluding one-time items, the maker of axles, driveshafts and transmissions reported an adjusted profit of 45 cents per share. Revenue jumped 30 percent to $2 billion. Dana also said it expected earnings per share ...

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