US: Moody’s upgrades ArvinMeritor outlook

Moody's Investors Service has raised its outlook on ArvinMeritor to stable, citing restructuring actions and an expected stabilisation in demand for commercial vehicles. According to an AP report, Moody's affirmed most debt ratings but raised the company's speculative grade liquidity rating to SGL-3 from SGL-4. The ratings agency’s outlook on the It’s time to log … Continued

• By Webmaster
• January 22, 2010