UPDATE 2-Volkswagen Q3 beats estimates; no boost for share

Newswire

(Adds analyst comment, more details) By Christiaan Hetzner AMSTERDAM, Oct 26 (Reuters) - Third-quarter operating profit at Volkswagen rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year. Shares failed to get a big boost though after a recent rally to record highs on speculation that Porsche would quickly raise its 31 percent voting stake to a majority now that a German law protecting VW ...

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