TEXT-S&P may cut ArvinMeritor ratings


(The following statement was released by the rating agency) NEW YORK, March 20 - Standard & Poor's Ratings Services said today it placed its ratings on ArvinMeritor Inc. , including the 'BBB-' corporate credit rating, on CreditWatch with negative implications. The CreditWatch reflects the company's relatively weak credit protection measures and concerns over its intermediate-term prospects for improvement as a result of lackluster end markets. "The CreditWatch listing follows ...

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