UPDATE 1-Meritor reports lower 4th-quarter profit, to cut jobs

Newswire

* To cut 800 jobs * Fourth-quarter revenue falls 19 pct * Earnings from cont ops $0.04/share vs $0.40 last year Nov 14 (Reuters) - Truck parts maker Meritor Inc reported a fall in quarterly profit due to lower sales in India, China and Brazil, and said it will cut 800 jobs globally. The Troy, Michigan-based company said on Wednesday that it expected cost savings from the job cuts in the second quarter. Meritor, which ...

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