UPDATE 1-Tenneco posts higher quarterly profit

Newswire

(Recasts first sentence, adds CEO comments, details) CHICAGO, Oct 30 (Reuters) - Tenneco Inc on Tuesday posted quarterly earnings that tripled, but the auto parts maker said it doesn't expect global market conditions to change significantly through the rest of the year. Net income rose to $21 million, or 45 cents per share, in the third quarter, from $7 million, or 16 cents per share, a year earlier. Excluding one-time items, Tenneco earned 39 cents per share, while analysts polled by ...

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