UPDATE 1-Icahn-controlled Federal-Mogul posts Q3 profit

Newswire

Oct 27 (Reuters) - Federal-Mogul Corp , the auto parts supplier controlled by billionaire investor Carl Icahn, reported a higher third-quarter profit on Thursday. The company reported net income of $34 million, or 34 cents per share. In the same quarter last year, the company took a $19 million charge, bringing its adjusted profit down to $29 million, or 29 cents per share. Revenue rose 12 percent to $1.7 billion. (Reporting by Deepa Seetharaman, editing by Gerald E. McCormick)

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