UPDATE 1-Dana swings to profit, raises outlook

Newswire

(Adds details throughout, stock price, quote, background) DETROIT, April 24 (Reuters) - Auto parts supplier Dana Corp. on Thursday posted a quarterly profit, recovering from a loss a year ago when the company restructured and adopted new accounting standards. The Toledo, Ohio-based maker of automotive engine and drivetrain parts posted a first-quarter profit of $41 million, or 28 cents a share, compared with a loss of $229 million, or $1.54 per share a year earlier. Excluding one-time ...

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