MTOR News

The interaction between TASL and SLC15A4 links endolysosomal Toll-like receptors to the transcription factor IRF5, providing a mechanistic explanation for the involvement of the complex in systemic lupus erythematosus.

Meritor, Inc. (NYSE: MTOR) today announced the MCL 541™ planetary axle for wheel loaders at CONEXPO-CON/AGG 2020 in Las Vegas, Nevada.

Meritor, Inc. (NYSE: MTOR) today announced that the distribution agreement between Meritor and a subsidiary of WABCO Holdings, Inc. has been terminated, effective March 13, 2020. Meritor was paid $265 million in connection with the termination of the agreement.

In this narrative medicine essay, an emergency medicine physician recalls an encounter early in her career when she was asked by parents to make a recommendation regarding ending life support for a young child, reflects on the way practice has changed from ph…

Shares of Meritor (NYSE:MTOR) rose around 3% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 28.16% over the past year to $0.74, which beat the estimate of $0.46.Revenue of $871,000,000 lower by 24.65% year over year, which beat the estimate of $862,300,000.Guidance Q3 revenue expected between $400,000,000 and $500,000,000.Details Of The Call Date: Apr 30, 2020Time: 12:03 PM ETView more earnings on MTORWebcast URL: https://edge.media-server.com/mmc/p/hcicxsuaRecent Stock Performance 52-week high: $27.1852-week low: $10.91Price action over last quarter: down 11.27%Company Description Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.See more from Benzinga * Recap: Imax Q1 Earnings * Recap: Altisource Portfolio Q1 Earnings * Recap: WESCO International Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

As coronavirus concerns dim earnings and sales prospects of Meritor (MTOR), it is resorting to temporary cost-reduction measures to preserve financial flexibility.

Q2 2020 Meritor Inc Earnings Call

Unfortunately for some shareholders, the Meritor (NYSE:MTOR) share price has dived 51% in the last thirty days. Indeed...

Meritor (MTOR) scraps fiscal 2020 guidance as management expects the coronavirus pandemic and related setbacks to strain its operations in the days to come.

Reduced abundance of immune-stimulating gut bacteria ameliorated the inflammatory and autoimmune phenotypes of mice with mutations in C9orf72, which in the human orthologue are linked to amyotrophic lateral sclerosis and frontotemporal dementia.

Meritor (MTOR) delivered earnings and revenue surprises of 37.04% and -2.11%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

CALA earnings call for the period ending March 31, 2020.

The molecular mechanisms leading to basal extrusion are unclear. Here, the authors use the Drosophila accessory gland to model human prostate acini and show that Ras/MAPK and PI3K/AKT/mTOR pathways are co-activated in two autocrine loops by dEGF and dIGF, ind…

Meritor, Inc. (NYSE: MTOR) today announced enhancements to MeritorPartsXpress.com that include Xact Search, a tool for users to identify and order brake shoe kits based on specific search criteria, and a redesigned homepage that enhances the user experience and helps customers find what they need faster. Improvements also include the addition of Xpress Lane, a tool that offers quick ordering, as well as price availability for registered customers.

Meritor, Inc. (NYSE: MTOR) today provided an update on its global operations in response to the continued spread and impact of COVID-19.

Researchers are beginning to work out the part senescent cells play in the respiratory disease.

A new method turns stem cells into millions of mature human cells in a shorter time frame. That could pave the way for a range of medical applications.

Rating Action: Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade. Global Credit Research- 26 Mar 2020. New York, March ...

The diet and lifestyle choices we make have a significant impact on aging. Read on to learn how nutrition and aging are connected and the steps you can take to control the aging process. The post Nutrition and Aging: What to Eat for a Long and Healthy Life ap…

Daimler Trucks North America (DTNA) is recalling two Freightliner models because certain axles were produced at supplier Meritor Inc. (NYSE: MTOR) without oil in the wheel end, a condition that has led to two Meritor equipment recalls in less than a year.Daimler is recalling 1,532 Freightliner Business Class M2 and 108 SD severe-duty models from the 2019-2020 model years. It estimates 1% of the recalled vehicles built between May 3, 2018, and January 30, 2019, could exhibit the condition.  Assembling the axle without oil in the wheel end can result in overheating of the wheel end bearings which can lead to damage and/or seizing of bearings, plastic deformation of components, and eventually wheel-end separation from the axle."Loss of vehicle control or property damage could result due to insufficient lubrication of the bearings in the wheel end system," Meritor said in its February 20 recall filing covering 1,883  MX10-120EVO, MX12-120EVO and MX14-120EVO steer axles.Meritor told DTNA of its recall on February 26. DTNA shared five warranty claims it had received involving axle lubrication.Neither Daimler nor Meritor mentioned any injuries or crashes related to the condition in their respective recalls reported to the National Highway Traffic Safety Administration (NHTSA).DTNA service personnel will inspect recalled trucks for the presence of oil in the front-drive steer hubs and repair them as necessary. Dealers and owners will be notified of the recall on May 21. The NHTSA recall number is 20V-176.Separately, Meritor recalled 1,249 MX 120EVO axles for the same condition in May 2019 following complaints from Navistar International Corp. (NYSE: NAV). Meritor replaced wheel-end components from the spindle out in affected International trucks and added additional visual inspection, including photography, to assure lubrication in the wheel end system.    See more from Benzinga * Container Lines Scramble To Avert 'Life-Threatening' COVID-19 Losses * Trump Encourages Imports For Coronavirus Relief While Stopping U.S. Exports * Volume Levels Have Nearly Reached Seasonal Norms – FreightWaves NOW(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The "Global Immunosuppressants API Market By Method (Synthetic Chemistry, Peptide chemistry, Fermentation, Chromatographic purification), By Application, By Type, By Product, By APIs, By End User, By Region, Competition, Forecast & Opportunities, 2025" report…

Modine Manufacturing (MOD) is likely to have benefited from solid BHVAC unit and cost discipline in the fourth quarter of fiscal 2020, partly offset by lower contribution from VTS and CIS segments.

Meritor, Inc. (NYSE: MTOR) today announced that it is notifying holders of its 7.875 percent Convertible Senior Notes due 2026 (the "Notes") that they are entitled to convert all or a portion of their Notes at any time beginning April 1, 2020 and prior to the close of business on June 30, 2020 at a rate of 83.3333 shares of common stock per $1,000 principal amount at maturity of the Notes (representing a conversion price of approximately $12.00 per share). The Notes are convertible because the closing price of shares of the company's common stock for at least 20 trading days, during the 30 consecutive trading-day period ending on March 31, 2020, was greater than 120 percent of the conversion price in effect on March 31, 2020.

Mutations in white blood cells can contribute to abnormal immune profile after hematopoietic stem cell transplantation.

Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2020.

Researchers are beginning to work out the part senescent cells play in the respiratory disease.

This study shows that astrocytes contribute to the Alzheimer-like pathology seen in the brains of individuals with HIV, and that this is regulated by the transcription factor HIF-1α and the lncRNA BACE1-AS and can contribute to HIV-associated neurocognitive d…

Here's how to survive a recovery layoff without losing your hard-earned muscle and strength.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Component supplier to the truck original equipment manufacturers (OEMs) Meritor, Inc. (NYSE: MTOR) announced that it was idling production, laying off hourly staff and cutting salaried employee pay by half. These were a few of several moves the company announced as part of its plan to stem the negative financial impact from the coronavirus outbreak.In a March 25 press release, the company announced that it was temporarily closing most of its commercial truck facilities in North America, South America, India and Europe and laying off a "significant portion" of its hourly manufacturing workforce."The COVID-19 pandemic has resulted in unprecedented uncertainty in the global commercial vehicle industry and economies around the world. In light of rapidly evolving market conditions, and in accordance with the guidance of global health professionals, we made the difficult but necessary decision, along with many of our customers, to suspend production at most of our global commercial truck manufacturing facilities," said Meritor CEO Jay Craig.The provider of drivetrain, mobility, braking and aftermarket parts "will evaluate operating conditions and consider reopening the facilities once it is safe to do so, and based on information and guidance from local government and health authorities."The company's current "planning assumptions" expect fiscal third quarter, ending June 30, production to resume on a staggered basis after two to six weeks of downtime. However, the company cautioned that "production will come back on-line at a lower run-rate than before the shutdown."Heading into what was already expected to be a thin production year for commercial vehicles, the spread of the coronavirus has many OEMs scrambling to preserve their balance sheets in 2020.Class 8 Truck Orders – SONAR: ORDERS.CL8In recent days, truck OEMs, like Cummins Inc. (NYSE: CMI), Navistar International Corporation (NYSE: NAV) and PACCAR (NASDAQ: PCAR) have announced plans to halt or limit manufacturing production and many have pulled their earnings guidance for the year given uncertainty around future demand. Further, the OEMs have provided intra-quarter liquidity updates, including cash positions and available debt under revolving credit facilities, a rarity suggesting that the potential for prolonged factory downtime will drain financial resources posing financial risks.In the press release, Meritor announced that its trailer, industrial and aftermarket businesses will remain in operation given continued demand.  "Meritor's Industrial customers are producing vehicles for the defense, bus and coach, terminal tractor, fire and rescue and off-highway end markets which are deemed critical in the response to the current healthcare crisis."Actions taken to save cash/liquidityMeritor also announced temporary salary reductions. Base salaries will be reduced by 40% to 50% for salaried employees in the U.S. and Canada and by 50% to 60% for the company's executives."All salaries will be reinstated as conditions allow," according to the release.Meritor believes the "aggressive" cost reductions will allow it to appropriately manage its cash flow during the outbreak. The company expects cash flow from operations to be negative $25 million to break-even, excluding a one-time cash use of $150 million to sure up its receivable factoring programs, during its fiscal third quarter.The company's second fiscal quarter ends March 31 with a fiscal year ending date of September 30.Meritor reported total liquidity of $791 million, $470 million in cash and approximately $321 million available on its revolving credit facility, as of March 24. The press release stated that the company is in full compliance with its financial covenants and expects to remain in compliance with those guidelines for the remainder of its fiscal year, even in the face of "significantly lower production volumes."The company also temporarily suspended its share repurchase plan, which has a remaining allotment of $100 million to repurchase the company's common stock. Through the end of January, Meritor had repurchased 8 million shares for $200 million so far in its fiscal 2020.Lastly, Meritor withdrew its fiscal year 2020 guidance calling for adjusted earnings per share of $2.75 citing a "highly uncertain operating environment.""Meritor is well-capitalized, and I am confident that our financial strength, the continued execution of our M2022 plan and our commitment to serving our customers will enable us to successfully navigate this challenging period," concluded Craig.Shares of MTOR are up 1% on the day compared to a 4% gain for the S&P 500.See more from Benzinga * PACCAR Aligns Kenworth And Peterbilt Electrification System Suppliers * Mack Trucks Sees Opportunity In Stable Medium-Duty Market * Meritor Wins Heavy-Duty Truck Electrification Business From PACCAR(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The TBC1D23 protein functions in membrane trafficking and is critical for human neuronal development. The crystal structure of the N-terminus of TBC1D23 shows that its rhodanase domain is catalytically inactive and positioned close to the adjacent TBC domain,…

Meritor (MTOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's second-quarter results for fiscal year 2020 on Thursday, April 30 at 9 a.m. ET.

Meritor, Inc. (NYSE: MTOR) today announced its Plainfield, Indiana site has earned the Rising Star recognition in the 2020 Governor's Workplace Safety Awards for positively impacting employee safety and demonstrating proactive measures to improve the plant's safety and health culture.

The interaction between TASL and SLC15A4 links endolysosomal Toll-like receptors to the transcription factor IRF5, providing a mechanistic explanation for the involvement of the complex in systemic lupus erythematosus.

Reduced abundance of immune-stimulating gut bacteria ameliorated the inflammatory and autoimmune phenotypes of mice with mutations in C9orf72, which in the human orthologue are linked to amyotrophic lateral sclerosis and frontotemporal dementia.

Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2020.

The Transcription Factor EB (TFEB) is known to regulate cellular homeostasis and energy metabolism, but its role in cell fate determination in the liver is unknown. Here, the authors show that TFEB regulates the progenitor/cholangiocyte lineage and that its d…

If you're interested in Meritor, Inc. (NYSE:MTOR), then you might want to consider its beta (a measure of share price...