Meritor (MTOR +4.5%) moves up after its FQ2 beat estimates earlier today. Net earnings rose 18%...

|By:, SA News Editor

Meritor (MTOR +4.5%) moves up after its FQ2 beat estimates earlier today. Net earnings rose 18% Y/Y despite a slight dip in revenue, as the company logged higher sales growth on a rebound in North American and European auto demand and fewer charges after its restructuring.