American Axle Confirms Not Engaged In Any Discussions To Sell Company
(RTTNews) - 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.
The company added it is important to state this despite its long-standing policy to not publicly comment on market rumors and media speculation.
The company noted that, "In the ordinary course of executing on its strategic plan, we continuously monitor market conditions and assess industry developments and we regularly consider strategic opportunities that serve the best interests of the company (including our customers and associates) and its shareholders."
read more
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
|
343 ngày trước
American Axle & Manufacturing Investing $10 Mln In Global Strategic Mobility
American Axle & Manufacturing Holdings, Inc. (AXL) announced Friday a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.
RTTNews
|
629 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
|
706 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
|
811 ngày trước
Eurozone Consumer Confidence Improves In January
Euro area consumer confidence grew for the first time in three months in January, but remained in the negative territory suggesting lingering pessimism, preliminary data from the European Commission showed on Thursday.
RTTNews
|
7h 42phút trước
U.S. Weekly Jobless Claims Extend Rebound
After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th. The Labor Department said initial jobless claims rose to 223,000, an increase of 6,000 from the previous week's unrevised level of 217,000.
RTTNews
|
8h 48phút trước
Meta's Revised Pay-or-Consent Policy Faces Criticism From EU Consumer Group
The European Consumer Organisation or BEUC, a consumer advocacy group, has urged The European Union authorities to intervene against Meta Platforms. BEUC argues that Meta's revised pay-or-consent policy breaches EU law. In a statement, BEUC said the new version of Meta's pay-or-consent policy fails to address the fundamental concerns raised by consumer groups regarding the tech giant's initial
RTTNews
|
9h 1phút trước
U.S. Weekly Jobless Claims Inch Up More Than Expected
After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th.
RTTNews
|
9h 42phút trước
