UPDATE 1-Federal-Mogul quarterly earnings rise

Newswire

(Recasts, adds details on earnings and sales, background) DETROIT, July 25 (Reuters) - U.S. auto parts supplier Federal-Mogul Corp posted a higher quarterly profit on Friday, supported by sales growth in Europe, Asia and South America. Net income rose to $89.6 million, or 89 cents per share, in the second quarter, from $3.9 million, or 4 cents per share, a year earlier. Revenue rose 13.1 percent to $2 billion. Federal-Mogul, which emerged from bankruptcy protection late last year, has ...

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