ArvinMeritor backs full-year outlook


DETROIT, March 18 (Reuters) - ArvinMeritor Inc said on Tuesday that cost improvements in its fiscal second quarter would more than offset adverse North American market conditions and backed its full year earnings per share outlook. ArvinMeritor, which is in a multiyear restructuring, said it expects fiscal second quarter results to be significantly better than a year earlier and still expects fiscal 2008 earnings from continuing operations, before special items, in the range of $1.40 to ...

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