USA: Tenneco Automotive second quarter profit up 26% - report
Shock absorber and exhaust system maker Tenneco Automotive on Tuesday said quarterly earnings rose by 26%, above expectations, Reuters reported. Tenneco second-quarter net income rose to $US24 million, or 58 cents a share, from $19 million, or 45 cents a share, boosted by the strong euro and higher sales of emission-control products in Europe, Reuters said.
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