Tag Archives: profit

Meritor posts higher profit, shares rise

Truck parts maker Meritor Inc posted a quarterly profit ahead of analysts’ expectations as margins increased and sales at its aftermarket and trailer segment rose, sending shares up 10 percent before the bell. Meritor, which makes axles, brakes, drivelines and suspension parts, said revenue in the segment rose for the second quarter primarily on sales […]

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Volvo Reports Record 1Q Sales Thanks to North America

4/27/2012 Volvo AB reported record first-quarter sales for 2012, boosted by North American numbers for the strongest numbers recorded in this period despite a 2% drop in profits in the first quarter. In North America, Volvo delivered 12,800 heavy-duty trucks in the first quarter, on received orders of 13,800. Sales performance caused the company’s share […]

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