UPDATE 2-ArvinMeritor profit falls, stock dives

Newswire

(Adds earnings details, analyst comments, stock activity, byline) By Susan Kelly CHICAGO, Jan 28 (Reuters) - ArvinMeritor Inc. on Wednesday said quarterly earnings fell due to higher costs and a charge for its unsuccessful attempt to take over competitor Dana Corp. , knocking the auto parts maker's shares down more than 8 percent. The Troy, Michigan, company said results were hurt by higher pension and retiree medical costs and expenses for new product launches and integrating an ...

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