AUTOS

* Auto parts maker Federal-Mogul Corp. issued its second warning on fourth-quarter results in less than a month, saying its operating losses are likely to be much worse than expected as the automotive industry slows. The Southfield, Mich., company said it expects a loss of about $1 a share for the quarter, compared with previous expectations of a 50-cent loss. Federal-Mogul said the North American original-equipment market deteriorated rapidly late in the quarter. Shares fell 63 cents to close at $4.81 on the NYSE.