Monday, July 30, 2007

UPDATE 1-ArvinMeritor posts quarterly loss

(Reuters) - ArvinMeritor, which completed the sale of its emissions
unit during the quarter and has been in a restructuring, also
narrowed its outlook for earnings per share and raised slightly
its revenue forecast for its fiscal year.




The company posted a net loss of $70 million, 99 cents per
share, in its third quarter, ended June 30, compared with a net
profit of $20 million, or 29 cents per share, a year earlier.


Read more at Reuters.com Market News

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