Meritor Reaches Agreement with Eaton Corporation to
Settle Antitrust Lawsuit
June 23, 2014 - Meritor, Inc. today announced that ZF Meritor LLC, a joint venture between a Meritor, Inc. subsidiary and ZF Friedrichshafen AG, and Meritor Transmission Corporation have reached a settlement agreement with Eaton Corporation relating to the antitrust lawsuit filed in 2006.
Read Meritor's press release.
Click here for the presentation about the settlement.
Meritor, Inc. focuses on maintaining market leadership positions. Those positions drive consistent top-line growth, which, along with process excellence, allows the company to achieve aggressive financial goals. These goals drive superior performance and build shareowner value.
Q4 2014 Meritor, Inc. Earnings Conference Call (Replay)
11/12/14 at 9:00 a.m. ET
|11/12/14||Meritor Reports Fourth Quarter and Fiscal Year 2014 Results|
|Company Announces Full Fiscal Year Adjusted EBITDA Margin Improvement of 110 Basis Points Year-Over-Year
TROY, Mich., Nov. 12, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2014.
Sales were $933 million, up $31 million, or 3 percent, from the same period last year.
Net income was $3 million, compared to $41 million in the same period last year. Net income from con... |
|There are currently no events scheduled.||Inquiries by investment professionals should be directed to:|
2135 W. Maple Road
Troy, MI 48084
Tel: (866) 463-6276
Fax: (248) 435-9404