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."
baca selengkapnya
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
|
995 hari yang lalu
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
|
1281 hari yang lalu
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
|
1358 hari yang lalu
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
|
1463 hari yang lalu
Canadian Market Up Firmly As Traders React To Jobs Data, Earnings
The Canadian market gained modest ground in positive territory Friday morning, supported by gains in healthcare, technology, energy and materials sectors. Shares from other sectors turned in a mixed performance.
Stronger-than-expected U.S. non-farm payroll data aided sentiment.
RTTNews
|
1 jam 26 menit yang lalu
U.S. Consumer Sentiment Unexpectedly Improves In November
Preliminary data released by the University of Michigan on Friday showed an unexpected improvement in U.S. consumer sentiment in the month of November. The University of Michigan said its consumer sentiment index rose to 51.0 in November from 48.0 in October. Economists had expected the index to remain unchanged.
RTTNews
|
2 jam 59 menit yang lalu
U.S. Employment Jumps Much More Than Expected In October
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by far more than anticipated in the month of October. The Labor Department said non-farm payroll employment jumped by 165,000 jobs in October compared to economist estimates for the addition of 62,000 jobs.
RTTNews
|
3 jam 12 menit yang lalu
Bay Street May Open On Mixed Note, Reacting To Jobs Data, Earnings
Canadian stocks are likely to open on a mixed note on Friday. Tech stocks may rebound, tracking gains of leading US tech stocks in pre-market trades today. Investors will also react to Canadian and U.S. jobs data, and a slew of corporate earnings reports.
RTTNews
|
4 jam 23 menit yang lalu
