UPDATE 4-Lear earnings plunge, slashes 2005 outlook


(Adds analyst's remarks, call details, updates stock) By David Bailey CHICAGO, April 22 (Reuters) - Auto interiors supplier Lear Corp. on Friday said quarterly earnings plunged 83 percent because of Ford and GM output cuts and higher materials costs, and it slashed its full-year earnings outlook. Lear, whose shares fell 8.6 percent, said sharp production declines on vehicles for which it provides many parts, particularly sport utility vehicles, hurt results. One of the more agile ...

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