UPDATE 2-TRW Auto posts 4th-qtr profit vs loss

Newswire

(Adds details on sales, background) CHICAGO, Feb 21 (Reuters) - TRW Automotive Holdings Corp. , which makes airbags and seat belts for cars, on Tuesday posted a quarterly profit versus a year-ago loss, when financing expenses hurt results. TRW, which has moved more quickly on cost cuts to counter a steady decline in auto industry fundamentals, said quarterly results were above prior forecasts mainly due to lower tax expense and a better-than-expected operating performance. Three top ...

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