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The Latest Breaking News from Meritor

XPO Logistics CFO Carl Anderson on the shipping giant’s road ahead

XPO is newly lean, after many years of an acquisition streak.

Fortune · Mar 13, 2023

Ford legacy fund supports Caerphilly low-carbon vehicle project

The fund was established as a goodwill gesture by Ford after it closed its Bridgend engine plant in September 2020

Birmingham Post · Jul 22, 2022

Looking Into Meritor's Return On Capital Employed

According to Benzinga Pro, during Q2, Meritor (NYSE:MTOR) earned $65.00 million, a 12.07% increase from the preceding quarter. Meritor also posted a total of $1.15 billion in sales, a 17.28% increase since Q1.

Benzinga · May 11, 2022

From analysis to the latest developments in health,
read the most diverse news in one place.

Meritor: Q2 Earnings Insights

Meritor (NYSE:MTOR) reported its Q2 earnings results on Tuesday, May 3, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Benzinga · May 3, 2022

Cummins Announces $3.7B Deal To Buy Meritor

Cummins had already started launching its own electric powertrains, but with Meritor on-board, this trend will be accelerated.

InsideEVs · Mar 1, 2022

Cummins buys truck parts supplier Meritor for EV components

Cummins Inc. on Tuesday said it intends to acquire a Michigan-based truck parts supplier to add axles and brakes for hybrid and electric powertrains to its portfolio in a $3.7 billion deal.

Tribune News Service · Feb 22, 2022

Mid-Afternoon Market Update: US Stocks Pare Losses; Meritor Shares Spike Higher

U.S. stocks pared back some losses toward the end of trading on Tuesday. Russian President Vladimir Putin said he would recognize the independence of two Russian-led breakaway regions of Ukraine and ordered Russian troops to go into eastern Ukraine.

Benzinga · Feb 22, 2022

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Cummins Agrees To Acquire Meritor For $3.7B

Cummins Inc (NYSE:CMI) has agreed to acquire electric powertrain solutions provider Meritor Inc (NYSE:MTOR) for about $3.7 billion, including assumed debt and net of acquired cash. The company will pay Meritor shareholders $36.50 in cash per share, representing a 48% premium to the Meritor's closing price of $24.67 on February 18, 2022. Meritor, headquartered…

Benzinga · Feb 22, 2022

Meritor's Return On Capital Employed Overview

According to Benzinga Pro data Meritor (NYSE:MTOR) posted a 10.77% decrease in earnings from Q4. Sales, however, increased by 4.13% over the previous quarter to $984.00 million.

Benzinga · Feb 4, 2022

Recap: Meritor Q1 Earnings

Meritor (NYSE:MTOR) reported its Q1 earnings results on Thursday, February 3, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Benzinga · Feb 3, 2022

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