USA: ArvinMeritor upbeat on Q3 earnings guidance
ArvinMeritor has said it expects earnings for the third quarter of fiscal year 2005, ending June 30, to be at the higher end of the range forecasted in early May of $0.60 to $0.70 per share, before special items. It also now expects its earnings for the full fiscal year to be at the higher end of the previously forecasted range of $1.40 to $1.60 per share.
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