|Bid||27.23 x 1000|
|Ask||27.32 x 800|
|Day's Range||26.91 - 27.44|
|52 Week Range||10.91 - 28.86|
|Beta (5Y Monthly)||2.40|
|PE Ratio (TTM)||8.40|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 20, 2008|
|1y Target Est||N/A|
The Zacks Analyst Blog Highlights: Advance Auto Parts, Ford, General Motors, Fiat Chrysler and Meritor
Moody's Investors Service (Moody's) assigned a B1 rating to Meritor, Inc.'s (Meritor) proposed $275 million senior unsecured notes. Meritor's existing ratings, including the Ba3 Corporate Family Rating, the Ba3-PD Probability of Default rating and the B1 senior unsecured debt rating are all unaffected. Meritor's ratings reflect a strong competitive position as a major supplier of commercial vehicle drivetrains, brakes, and aftermarket products to the commercial vehicle, transportation, and industrial sectors.
While General Motors (GM) will invest $1.3 billion to rev up pickup production in Canada, Ford (F) will spend $100 million in Kansas plant as part of its $3.2 billion EV investment in North America.