Monday, May 7, 2007

UPDATE 1-Delphi Corp. reports wider quarterly loss

(Reuters) - Delphi reported a net loss of $533 million, or 95 cents per share, compared with a net loss of $363 million, or 65 cents per share a year before. The latest quarter's results included asset impairment charges of $160 million and $73 million in costs for employee termination benefits and other items.

Global sales were $6.7 billion, down from $7 billion in the 2006 first quarter.


Read more at Reuters.com Market News

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