UPDATE 1-Federal-Mogul posts higher quarterly profit

Newswire

* Q2 EPS 64 cents vs Street view 58 cents * Revenue up 13 pct to $1.8 bln vs Street view $1.7 bln * To focus mostly on organic growth, 'strategic' buys DETROIT, July 28 (Reuters) - Federal-Mogul Corp , the auto parts suppliers controlled by billionaire investor Carl Icahn, reported on Thursday a stronger-than-expected quarterly profit as it gained market share in the business segments serving the automakers. Federal-Mogul also said it intends to focus mostly on growing its existing ...

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