TRW Profit Rises on Increased Sales
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Bloomberg News
TRW Inc. had a second-quarter profit from continuing operations of $133 million, or $1.05 a share, up 72% from a year ago, led by increased sales of air bags and computer-engineering services. The results missed analysts’ average estimate by 4 cents.
Sales rose 6.6% to $4.27 billion.
Shares of Cleveland-based TRW rose 23 cents to $54.18 on the NYSE.
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