Monday, 30 July 2007

UPDATE 2-ArvinMeritor raises revenue forecast, shares gain

(Reuters) - The company, whose results were pressured by lower North
American sales volume of heavy truck parts, also raised the
bottom end of its full-year earnings forecast.




It posted a net loss of $70 million, or 99 cents per share,
for the fiscal 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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