Truck component supplier Meritor Inc. reported net income of $234 million, or 2.31 per share, in its fiscal third quarter ended June 30, reversing a loss of $38 million, or 39 cents, in the same period last year.
July 31, 2014Business
Meritor Posts Fiscal 3Q Profit
Business
Meritor Promotes Jay Craig to President, Chief Operating Officer
Meritor Inc. said it has promoted Jay Craig to president and chief operating officer from senior vice president and chief financial officer, effective June 9.
June 10, 2014Business
Meritor Reports Higher 4Q Earnings
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings jumped from a year ago in part on the sale of its stake in Suspensys Sistemas Automotivos.
November 13, 2013Business
Meritor Names Evans Chairman, CEO
Meritor Inc. named Ivor “Ike” Evans its chairman and CEO, effective immediately.
August 12, 2013Business
Meritor Removes McClure; Names Evans Chairman, CEO
Charles “Chip” McClure Jr. was removed last week as chairman and CEO of truck components maker Meritor Inc., and the board of directors selected Ivor “Ike” Evans to succeed him.
May 13, 2013Business
Meritor to Take $15 Million to $25 Million Charge, Eliminate 200 Jobs
Meritor Inc. said Tuesday that it expects to take a charge against earnings of $15 million to $25 million and eliminate about 200 salaried employees.
January 8, 2013Business
Meritor Affirms 2012 Earnings Guidance
Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.
March 21, 2012Business
Meritor’s 4Q Profit Jumps on Stronger Truck Market
Components maker Meritor Inc. said Tuesday its fiscal fourth-quarter profit jumped from a year ago on a stronger global truck market.
November 15, 2011Business
Meritor Swings to Fiscal 3Q Profit
Components maker Meritor Inc. Tuesday reported a third-quarter profit compared with a loss a year ago, as its commercial truck unit sales rose.
August 2, 2011Business
Meritor Names Bowes Trucking Chief; Tightens 3Q Earnings, Revenue Forecast
Trucking components maker Meritor Inc. Thursday named Tim Bowes head of its commercial truck unit and said that Carsten Reinhardt, formerly its chief operating officer, has left the company.
July 21, 2011