UPDATE 3-Federal-Mogul turns focus to strategic buys


* Q2 EPS 64 cents vs Street view 58 cents * Revenue up 13 pct to $1.8 bln vs Street view $1.7 bln * To focus on organic growth, 'strategic' buys * Shares up 2.3 percent (Rewrites first seven paragraphs to focus on M&A strategy; adds CEO comment, share move, byline) By Deepa Seetharaman DETROIT, July 28 (Reuters) - Auto parts supplier Federal-Mogul Corp said it is turning its attention to strategic acquisitions, but indicated it would still be open to a takeover. ...

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