UPDATE 1-Lear quarterly earnings rise

Newswire

(Adds details on sales and outlook) CHICAGO, April 25 (Reuters) - Auto parts maker Lear Corp. , which plans to sell itself to an affiliate of billionaire investor Carl Icahn, said on Wednesday quarterly earnings rose, supported by new business and cost-cuts in its seating unit. Lear, which plans a shareholder vote in June on the Icahn takeover offer, raised its core operating earnings forecast for 2007 and trimmed its full-year revenue forecast. Net income rose to $49.9 million, or 64 ...

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