UPDATE 2-ArvinMeritor 3rd-qtr profit falls; tops estimate


(Adds details, background, stock price) CHICAGO, July 31 (Reuters) - Auto and truck parts maker ArvinMeritor Inc. said on Monday that quarterly earnings fell more than 50 percent after a labor disruption at a brake plant, but income from continuing operations exceeded expectations. Sales of car parts in Europe and truck parts in North America, its two biggest revenue producing units, drove overall revenue. ArvinMeritor expects the North America heavy truck market to stay strong in its ...

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