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ArvinMeritor Inc. (ARM) news stock charts

ArvinMeritor Inc. (ARM) Investment Summary:

ArvinMeritor, Inc. supplies a range of integrated systems, modules, and components to commercial truck, light vehicle, trailer, and specialty original equipment manufacturers, as well as various after markets worldwide. The company?s products include commercial vehicle systems comprising truck axles, drivelines and other products, suspension systems and trailer products, braking systems, and transmissions; and specialty systems consisting of off-highway vehicle products, specialty vehicle products, and government products, such as axles, brakes, and brake system components, including ABS, trailer products, transfer cases, and drivelines for use in medium-duty and heavy-duty military tactical wheeled vehicles. It also offers light vehicle systems that comprise body systems, such as roof systems and door systems; chassis systems consisting of suspension systems, suspension modules, ride control products, and wheel products, such as fabricated steel wheels, bead seat attached wheels, full-face designed wheels, and clad wheels. The company primarily has joint ventures with Mitsubishi Steel Manufacturing Co. and Randon S. A. ArvinMeritor, Inc. was founded in 1921 and is headquartered in Troy, Michigan.
www.arvinmeritor.com
13,200 Employees
Founded in 1921

ARVINMERITOR INC (ARM:NYSE)

LAST $12.39 USD
CHANGE TODAY +0.13 1.06%
VOLUME 1.3M
As of 8:04 PM 03/12/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of ARVINMERITOR INC (ARM)

OPEN
$12.37
PREVIOUS CLOSE
$12.26
DAY HIGH
$12.51
DAY LOW
$12.21
52 WEEK HIGH
03/10/10 - $12.78
52 WEEK LOW
03/16/09 - $0.56
MARKET CAP
1.1B
AVERAGE VOLUME 10 D
2.8M
EPS TTM
$-0.65
SHARES OUTSTANDING
91.7M
EX-DATE
02/4/09
P/E TTM
--
DIVIDEND
--
DIVIDEND YIELD
0.00%
K = Thousands  M = Millions  B = Billions

Key developments for ARVINMERITOR INC (ARM)

ArvinMeritor Inc. Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes Due 2012

ArvinMeritor Inc. announced that it has increased the price it will pay for its 8-3/4% Notes due 2012 that are tendered pursuant to its previously announced tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012. The Total Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,097.50. Holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City time on the Early Tender Date of March 8, 2010 will receive the Total Consideration for their notes that are accepted for purchase in the offer. The Tender Offer Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,067.50. Holders of notes that are validly tendered after 5:00 p.m. New York City time on the Early Tender Date and at or before 11:59 p.m. New York City time on the Expiration Date of March 22, 2010 will receive the Tender Offer Consideration for their notes that are accepted for purchase in the offer. The Tender Offer Consideration consists of the Total Consideration minus the Early Tender Payment which remains $30.00 for each $1,000 principal amount of notes. Holders who tender notes at or before 5:00 p.m. New York City time on March 8, 2010 can withdraw tenders at or before 5:00 p.m. New York City time on March 8, 2010, but not thereafter. Holders who tender notes after 5:00 p.m. New York City time on March 8, 2010 cannot withdraw their tenders. In addition to any consideration received, holders who tender notes that are accepted for payment in the offer will be paid any accrued and unpaid interest calculated up to but not including the settlement date. The settlement date is expected to be March 23, 2010, which is one day after the Expiration Date or promptly thereafter. The Expiration Date and the Early Tender Date have not been extended and all of the other terms and conditions of the offer remain in effect as described in the Offer to Purchase dated February 23, 2010.

ArvinMeritor Inc. Announces Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes Due 2012

ArvinMeritor Inc. announced the commencement of a tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012 in the manner described below. The total outstanding principal amount of the notes included in the offer is approximately $276 million. ArvinMeritor will conduct the offer in accordance with terms and conditions described in its Offer to Purchase dated Feb. 23, 2010. The offer will expire at 11:59 p.m. New York City time on Mar. 22, 2010, unless extended or earlier terminated. The aggregate principal amount of notes that may be purchased in the offer will not exceed $175 million. To the extent the aggregate principal amount of notes tendered and not withdrawn pursuant to the offer exceeds this cap, ArvinMeritor will accept notes for purchase on a pro rata basis in the manner described in the Offer to Purchase. The total consideration for each $1,000 principal amount of notes tendered pursuant to the offer will be $1,065. The tender offer consideration for each $1,000 principal amount of notes tendered pursuant to the offer will be $1,035, which consists of the Total consideration minus the early tender payment (which is $30.00 for each $1,000 principal amount of notes). The company intends to fund the purchase of the notes from the proceeds of its pending offering of notes due 2018, holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City time on the Early Tender Date of Mar. 8, 2010 will receive the Total Consideration for their notes that are accepted for purchase, holders of notes that are validly tendered after 5:00 p.m. New York City time on the Early Tender Date and at or before 11:59 p.m. New York City time on the Expiration Date will receive the Tender Offer Consideration for their notes that are accepted for purchase, which is equal to the Total Consideration minus the Early Tender Payment. Holders who tender notes at or before 5:00 p.m. New York City time on the Early Tender Date can withdraw tenders at or before 5:00 p.m. New York City time on the Early Tender Date, but not thereafter, holders who tender notes after 5:00 p.m. New York City time on the Early Tender Date cannot withdraw their tenders. In addition to any consideration received, holders who tender notes that are accepted for payment in the offer will be paid any accrued and unpaid interest calculated up to but not including the settlement date. The settlement date is expected to be Mar. 23, 2010, which is one day after the Expiration Date or promptly thereafter. BofA Merrill Lynch, J.P. Morgan, Citi and RBS are the dealer managers for the offer. Global Bondholder Services Corporation is the Information Agent and Depositary for the offer. This news release is neither an offer to purchase nor a solicitation of an offer to sell the securities.

ArvinMeritor Inc. Reiterates Earnings Guidance for the Second Quarter of Fiscal 2010; Provides Earnings Guidance for the Full Year of Fiscal 2010

ArvinMeritor Inc. will reiterate guidance for its second quarter of fiscal year 2010 and its planning assumptions for full fiscal year 2010. The company's financial guidance for the second quarter of fiscal year 2010 is for expected results from continuing operations which includes all four of ArvinMeritor's current segments: Commercial Truck, Industrial, Aftermarket & Trailer and the remaining Light Vehicle Systems business. For the second quarter of fiscal year 2010 (compared to the first fiscal quarter of 2010), the company anticipates: revenues to be flat, EBITDA, before special items, to be flat, income before taxes, before special items, to be flat and free cash flow to be slightly negative primarily due to the company's semi-annual interest payment on its fixed debt securities. The company will also reiterate that there was no change in its planning assumptions for the full fiscal year which call for capital expenditures in the range of $90-110 million, interest expense in the range of $95-110 million, income tax expense before special items in the range of $40-60 million and cash income taxes in the range of $25-50 million.

ArvinMeritor Inc. financial resources

otc, otcbb, pinksheet, ARM, ob ArvinMeritor Inc.

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Industry Analysis

Valuation ARM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

ARM

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ARM transactions

Type
Date
Target
Private Placement
February 1, 2010
Xuzhou Meritor Axle Co., Ltd.

More Recent Financial News About ArvinMeritor Inc.

The Component and Controls Industry

Quote: The unit also offers on-site facility management.Whereby, ArvinMeritor Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers (OEMs) and certain aftermarkets, and light vehicle manufacturers.http://www.rothmanresearch.com/index.php?id=6&name=Register to see how this company has grown over the past years.www.rothmanresearch.com for a ...
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The Component and Controls Industry

Quote: The unit also offers on-site facility management.Whereby, ArvinMeritor Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers (OEMs) and certain aftermarkets, and light vehicle manufacturers.http://www.rothmanresearch.com/index.php?id=6&name=Register to see how this company has grown over the past years.www.rothmanresearch.com for a ...
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ARVINMERITOR INC Files SEC form 8-K, Other Events

Quote: Item 8.01 Other Events In connection with the offering and sale of 19,952,500 shares (including 2,602,500 shares being issued and sold pursuant to the underwriters' exercise of an over-allotment option) of common stock (the "Shares"), par value $1.00 per share, of ArvinMeritor, Inc. (the "Company"), the Company is filing as Exhibit 5.1 hereto an opinion of counsel with respect to the Shares. Such opinion is incorporated by reference into the Registration Statement on Form S...
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ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering

Quote: Morgan Securities Inc.Attn:  Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Telephone:  1-866-803-9204CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone:  1-877-858-5407UBS Investment BankAttn:  Prospectus Department299 Park AvenueNew York, New York 10171Telephone:  1-888-827-7275ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
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ArvinMeritor Announces Pricing of $250 Million of Senior Unsecured Notes

Quote: Morgan Securities Inc.4 Chase Metrotech CenterCS LevelBrooklyn, New York 11425Attn: Prospectus LibraryTelephone: 1-718-242-8002 or 1-866-430-0686CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone: 1-877-858-5407RBS Securities Inc.600 Washington BoulevardStamford, Connecticut 06901Attn: Debt SyndicateTelephone: 1-866-884-2071ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
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ArvinMeritor Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes due 2012

Quote: 26ARMNews) today announced that it has increased the price it will pay for its 8-3/4% Notes due 2012 that are tendered pursuant to its previously announced tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012. The Total Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,097.50.  Holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City ...
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ArvinMeritor Announces Exercise in Full by Underwriters of Over-Allotment Option to Purchase Additional 2,602,500 Shares of Common Stock

Quote: Morgan Securities Inc.Attn:  Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Telephone:  1-866-803-9204CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone:  1-877-858-5407UBS Investment BankAttn:  Prospectus Department299 Park AvenueNew York, New York 10171Telephone:  1-888-827-7275ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
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ArvinMeritor Announces Exercise in Full by Underwriters of Over-Allotment Option to Purchase Additional 2,602,500 Shares of Common Stock

Quote: Morgan Securities Inc.Attn:  Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Telephone:  1-866-803-9204CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone:  1-877-858-5407UBS Investment BankAttn:  Prospectus Department299 Park AvenueNew York, New York 10171Telephone:  1-888-827-7275ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
Read article

ArvinMeritor Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes due 2012

Quote: 26ARMNews) today announced that it has increased the price it will pay for its 8-3/4% Notes due 2012 that are tendered pursuant to its previously announced tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012. The Total Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,097.50.  Holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City ...
Read article

ArvinMeritor Announces Pricing of $250 Million of Senior Unsecured Notes

Quote: Morgan Securities Inc.4 Chase Metrotech CenterCS LevelBrooklyn, New York 11425Attn: Prospectus LibraryTelephone: 1-718-242-8002 or 1-866-430-0686CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone: 1-877-858-5407RBS Securities Inc.600 Washington BoulevardStamford, Connecticut 06901Attn: Debt SyndicateTelephone: 1-866-884-2071ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
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Come On Aboard The Bond Bandwagon

Keywords: U.S. Markets, U.S. Equities, Bonds, Fitch, Corporate, Credit, Investing, Economy, Outlook
Quote: A flurry of speculative-grade sales from auto-supplier ArvinMeritorARMnewspeople), data center provider EquinixEQIXnewspeople) and heavy equipment maker OshkoshOSKnewspeople)were wrapped up on Friday. Bank of America managed the ArvinMeritor and Oshkosh sales.Even with their newfound optimism, fixed-income investors still see plenty of risks. They say the greatest threats are, in order: unforeseen consequences of proposed financial regulation; geopolitical risk (a category so broad it could incl...
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ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering

Quote: Morgan Securities Inc.Attn:  Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Telephone:  1-866-803-9204CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone:  1-877-858-5407UBS Investment BankAttn:  Prospectus Department299 Park AvenueNew York, New York 10171Telephone:  1-888-827-7275ArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers ...
Read article

ArvinMeritor reiterates fiscal 2Q outlook

Quote: (AP) -- Auto parts supplier ArvinMeritor said again Wednesday that second-quarter revenues will be flat compared with the first quarter.Company executives spoke during a Barclays Capital Industrial Select Conference in Miami and the guidance is based on continuing operations.The company said it expects fiscal second-quarter adjusted earnings before interest, taxes, dividends and amortization to be flat as well.ArvinMeritor, based in Troy, Mich., said there is no change in its plan for full-year ...
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Fitch upgrades ArvinMeritor debt ratings

Quote: NEW YORK (AP) -- Credit ratings agency Fitch Ratings said Tuesday it upgraded ArvinMeritor's main debt after the auto parts supplier announced plans to raise money through the sale of debt and stock to the public.Fitch upgraded ArvinMeritor's issuer default rating to "B-" from "CCC." The rating remains in non-investment grade territory.Fitch also raised the company's senior secured bank facility rating and its senior unsecured notes rating. The ratings cover about $1 billion in debt, Fitch said....
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Fitch upgrades ArvinMeritor debt ratings

Quote: NEW YORK (AP) -- Credit ratings agency Fitch Ratings said Tuesday it upgraded ArvinMeritor's main debt after the auto parts supplier announced plans to raise money through the sale of debt and stock to the public.Fitch upgraded ArvinMeritor's issuer default rating to "B-" from "CCC." The rating remains in non-investment grade territory.Fitch also raised the company's senior secured bank facility rating and its senior unsecured notes rating. The ratings cover about $1 billion in debt, Fitch said....
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ArvinMeritor reiterates fiscal 2Q outlook

Quote: (AP) -- Auto parts supplier ArvinMeritor said again Wednesday that second-quarter revenues will be flat compared with the first quarter.Company executives spoke during a Barclays Capital Industrial Select Conference in Miami and the guidance is based on continuing operations.The company said it expects fiscal second-quarter adjusted earnings before interest, taxes, dividends and amortization to be flat as well.ArvinMeritor, based in Troy, Mich., said there is no change in its plan for full-year ...
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ArvinMeritor Announces Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes Due 2012

Quote: 23ARMNews) today announced the commencement of a tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012 in the manner described below. The total outstanding principal amount of the notes included in the offer is approximately $276 million. ArvinMeritor will conduct the offer in accordance with terms and conditions described in its Offer to Purchase dated Feb. 23, 2010. The offer will expire at 11:59 p.m. New York City time on Mar. 22, 2010, unless ...
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ArvinMeritor Announces Offering of Senior Unsecured Notes

Quote: Morgan Securities Inc.4 Chase Metrotech CenterCS LevelBrooklyn, New York 11425Attn: Prospectus LibraryTelephone: 1-718-242-8002 or 1-866-430-0686CitiBrooklyn Army Terminal140 58th Street, 8th FloorBrooklyn, New York 11220Telephone: 1-877-858-5407RBS Securities Inc.600 Washington BoulevardStamford, Connecticut 06901Attn: Debt SyndicateTelephone: 1-866-884-2071About ArvinMeritorArvinMeritor, Inc. is a global supplier of a broad range of integrated systems, modules and components to original equipm...
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ArvinMeritor Announces Offering of Common Stock

Quote:  In connection with this offering, ArvinMeritor intends to grant the underwriters an over-allotment option to purchase up to 2,250,000 additional shares of its common stock.ArvinMeritor intends to use the net proceeds from the offering to repay amounts outstanding under its revolving secured credit facility and its U.S. accounts receivable securitization program and for general corporate purposes.J.P. Morgan Securities Inc., Citi and UBS Investment Bank are acting as joint book-running manage...
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ArvinMeritor plans stock and debt offerings

Keywords: , ARM, ArvinMeritor Inc
Quote: TEL AVIV (MarketWatch) -- ArvinMeritor Inc.,/quotes/comstock/13*!arm/quotes/nls/arm(ARM10.35,-0.15,-1.43%) the Troy, Mich., vehicle parts and systems producer, said it would sell common stock and debt and tender for part of one off of its debt issues. The company plans to sell 15 million common shares and granted the underwriters an option on as many as 2.25 million more shares. The company will use the funds to pay down its revolving-credit line and for other purposes. J.P. Morgan, Citi and UBS...
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