Wall Street Journal Meritor Inc. ( MTOR , $5.79, +$1.04, +21.89%) has agreed to sell its 50% ownership stake in a Brazilian joint venture to its joint-venture partner Randon SA Implementos e Participacoes for $195 million, and plans to use proceeds to strengthen its balance ... and more »
Seeking Alpha Important to note here is that most of the company's business in this segment is to only two customers, Meritor ( MTOR ) and Dana (DAN), which are the two main suppliers of drive train assemblies to big truck manufacturers. In fact Dana made up more than ...
Wall Street Journal A recent story in Barron's said oil and natural-gas developer Linn Energy LLC (LINE, $35.10, -$3.34, -8.69%) might be the country's most overpriced large energy producer, adding that the firm's partnership units may be worth less than half of their ... and more »
Pentagon Post (NYSE: GDP) – explores, develops and produces oil and natural gas properties in Northwest Louisiana and East Texas – was trading at $12.5349, down -6.1 percent in after-hours on 2,300 traded shares. GDP is ... MTOR's Price-to-earnings ratio is 8.72.
REM Forest Oil Corporation (NYSE:FST) traded 5.44% higher to close last trading session at $4.46 as oil prices rose on Friday after a surprised upbeat US jobs report eased concerns about the strength of the world's largest economy. The stock floated in a ... and more »
