(Reuters) - U.S. auto parts maker American Axle and Manufacturing Holdings Inc posted a fourth-quarter profit that beat market expectations on the back of higher margins.
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American Axle AXL announced on Tuesday that it obtained a second waiver extension from its lenders related to financial covenant violations. The
On Tuesday, American Axle AXL obtained waivers from its lenders pertaining to financial covenant violations. As we've previously noted , these violations
We're placing American Axle AXL under review while we re-examine its financial risk amid drastic cost-cutting efforts and a reduced likelihood vital customers
On Friday, American Axle AXL reported weak first-quarter results that underline the unprecedented collapse in global vehicle production. Top-line growth
On Friday, American Axle AXL reported dismal fourth-quarter earnings that were not surprising, given further declines in vehicle production worldwide as
American Axle AXL reported weak third-quarter results on Oct. 31, reflecting collapsing vehicle production worldwide. Troubles at end-market
We are placing American Axle AXL under review while we re-examine our assumptions in light of ..... We also plan to take a closer look at the possibility that American Axle will breach several of its debt covenants due to recent financial
revenue declined almost 15% and unit shipments decreased 17.3%. Half of the decline in unit shipments was due to the American Axle AXL strike, while the remaining decrease was due to light-truck and sport-utility vehicle wheel shipments declining 36