UPDATE 2-Visteon quarterly loss narrows, shares soar

Newswire

(Adds share rise, CEO comments, byline) By Soyoung Kim DETROIT, July 30 (Reuters) - Auto parts maker Visteon Corp posted a narrower quarterly loss on Wednesday due to cost-cutting and robust overseas demand, sending its shares up 18 percent. The company, which has been in a three-year restructuring launched shortly after a bailout by former parent Ford Motor Co in 2005, said it has almost completed the restructuring by divesting underperforming operations. Visteon cut its full-year ...

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