NEW YORK, Sept 21 (Reuters) - ArvinMeritor Inc shares rose in extended trade on Monday after the company announced that it had completed the sale of its wheels business to Iochpe-Maxion S.A.
The shares rose 1.2 percent to $8.21 after closing at $8.11.
ArvinMeritor also said it expects to remain in compliance with its financial covenant in the fourth quarter.
(Reporting by Angela Moon, Editing by Dan Grebler) Keywords: MARKETS STOCKS AFTERTHEBELL (angela.moon@thomsonreuters.com;+1 646 223 5685; Reuters Messaging:angela.moon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The shares rose 1.2 percent to $8.21 after closing at $8.11.
ArvinMeritor also said it expects to remain in compliance with its financial covenant in the fourth quarter.
(Reporting by Angela Moon, Editing by Dan Grebler) Keywords: MARKETS STOCKS AFTERTHEBELL (angela.moon@thomsonreuters.com;+1 646 223 5685; Reuters Messaging:angela.moon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
