UPDATE 2-Federal-Mogul posts loss on higher costs

Newswire

(Recasts lead, adds CEO comments, background) CHICAGO, July 29 (Reuters) - Federal-Mogul Corp. , the bankrupt auto parts supplier, on Tuesday posted a quarterly loss, citing expenses related to its bankruptcy reorganization, and said it expects to emerge from bankruptcy protection next year. The company, whose products include Champion spark plugs, Moog chassis, Fel-Pro gaskets and Wagner brake and lighting products, said it had a net loss of $5 million, or 6 cents a share, in the second ...

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