American Axle & Manufacturing Investing $10 Mln In Global Strategic Mobility

American Axle Boosts FY22 Sales Outlook; Q2 Results Top Estimates

While reporting financial results for the second quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) raised its sales guidance for the full-year 2022.

RTTNews | 393 ngày trước

American Axle Sees FY23 Sales In Line With View; Q4 Adj. EPS Miss Estimates

While reporting financial results for the fourth quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) initiated its sales guidance for the full-year 2023.

RTTNews | 756 ngày trước

American Axle Confirms Not Engaged In Any Discussions To Sell Company

Reacting to media speculation regarding the company on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said in a statement that we are not engaged in any discussions to sell the company and that we are not otherwise for sale.

RTTNews | 861 ngày trước

American Axle Trims FY22 Sales Outlook As Q3 Adj. EPS Miss Estimates; Stock Down 16%

While reporting financial results for the third quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) trimmed its sales guidance for the full-year 2022.

RTTNews | 861 ngày trước

FTSE 100 Advances Despite Weak GDP Data

Despite data showing an unexpected contraction in the nation's GDP in the month of January, U.K. stocks are up in positive territory on Friday, tracking cues from other major European markets. Bank and mining stocks are among the prominent gainers.

RTTNews | 4h 18phút trước

BMW Q4 Results Down, Cuts Dividend; Sees Flat Earnings, Higher Volume In FY25

German luxury automaker BMW Group reported Friday lower profit and revenues in its fourth quarter hit mainly by weak Automotive deliveries, despite growth in Rolls-Royce. The company also trimmed its dividend, and issued fiscal 2025 outlook, expecting stable Group earnings before taxes, but slight growth in sales volume amid continuing subdued demand in the Chinese market.

RTTNews | 4h 38phút trước

Pound Slides On Weak UK GDP Data

The British pound weakened against most major currencies in the European session on Friday, after U.K. economy logged an unexpected contraction at the start of the year on a sharp fall in production.

RTTNews | 4h 46phút trước

CAC Moderately Higher In Cautious Trade

French stocks are up in positive territory a little past noon on Friday, led by gains financials and luxury sectors. The mood remains cautious amid escalating trade war tensions. Slight optimism about a ceasefire in Ukraine is aiding sentiment.

RTTNews | 5h 3phút trước

EURUSD	1.08991	GBPUSD	1.29424	AUDUSD	0.63084
USDJPY	148.739	USDCAD	1.4422	USDCHF	0.88497

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American Axle & Manufacturing Investing $10 Mln In Global Strategic Mobility