UPDATE 3-New business boosts Lear profit but shares slip


(Recasts first sentence, adds analyst comments, updates stock price) By Susan Kelly CHICAGO, Jan 26 (Reuters) - Lear Corp. , the No. 3 U.S. auto parts supplier, on Monday said its quarterly earnings rose 12 percent on new business and the strong euro, but its shares slipped 3 percent after reaching an all-time high on Friday. "The company continues to perform well," said Mark Oline, managing director for Fitch Ratings, which initiated coverage of the company in September with an ...

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