Oct 29 · 10:21:00 AM

Federal-Mogul Corp.'s said its third-quarter net income jumped to $15.3 million from $7.2 million in the prior year period. Net sales for the third quarter declined to $1.38 billion from $1.69 billion in the year earlier quarter.
Jump the result of cost cutting by Carl Icahn-controlled company.

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by Larry Etter