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Stock Market & Financial Investment News

News Breaks
November 28, 2012
07:26 EDTMTORMeritor sees FY13 adjusted EPS 25c-35c, may not be comparable to consensus 49c
Sees FY13 sales $4B, consensus $4B. Sees FY13 free cash flow from continuing operations about breakeven including $73M of pension contributions, sees FY13 effective tax rate about 50%. Comments from investor presentation slides.
News For MTOR From The Last 14 Days
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December 4, 2014
11:31 EDTMTORSypris Solutions, Meritor expand strategic relationship
Sypris Technologies, a subsidiary of Sypris Solutions (SYPR), announced that it has entered into an agreement to extend and expand its long-term supply relationship with Meritor (MTOR) to provide drivetrain components for its drive axle and trailer axle assembly operations in North America. The arrangement extends two existing supply contracts, as well as adds new products and services. Components for these agreements are produced at Syprisí operations located in Louisville, Kentucky and Morganton, North Carolina. Terms of the agreements were not disclosed.

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