UPDATE 2-Delphi profit better than expected, outlook in line

Newswire

By Ben Klayman DETROIT, Feb 5 (Reuters) - Vehicle parts maker Delphi Automotive Plc on Tuesday posted a better-than-expected profit on increased demand in its core electrical business and lower taxes, and forecast an increase in 2013 results broadly in line with Wall Street's expectations. The company, whose shares were up 0.77 percent in midday trade, expanded its previous restructuring activities by about $50 million to about $300 million, ...

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