ArvinMeritor updates fourth-quarter guidance

Newswire

CHICAGO, Sept 30 (Reuters) - Auto parts maker ArvinMeritor Inc.. said on Tuesday its fiscal fourth-quarter earnings will be affected by higher than expected costs for new product launches and steel-related interruptions in its Light Vehicle Systems business. It said it expects earnings for the fiscal fourth-quarter ending Sept. 30 of 48 cents to 51 cents a share, before the effects of a change in accounting principle. The company said its outlook includes a net fourth-quarter after-tax ...

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