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American Axle & Manufacturing Holdings Inc: All Recent News

UPDATE 1-Anderson Energy posts Q3 loss, hit by lower gas prices 11/16/2009
... At Thomson Reuters
You'd Be Stupid to Buy These Stocks 11/3/2009
Or would you? At Motley Fool
American Axle ends string of losses with 3Q profit 10/30/2009
DETROIT (AP) - American Axle & Manufacturing Holdings Inc. posted its first quarterly profit in two years on Friday, an encouraging sign after deep and painful cost cuts at the struggling auto parts supplier. Its shares jumped more than 9 percent. Associated Press
UPDATE 3-American Axle posts first quarterly profit in 2 years 10/30/2009
... At Thomson Reuters
American Axle's Latest Turn 10/30/2009
... At Barron's
American Axle approves new shareholder rights plan 10/30/2009
DETROIT (AP) - American Axle & Manufacturing Holdings Inc. said Friday its board of directors approved an amended shareholder rights plan that allows the auto parts supplier to preserve its ability to carry forward prior-year losses, a move than can help reduce a company's tax bill. Associated Press
American Axle swings to profit, boosted by gains 10/30/2009
NEW YORK (MarketWatch) -- American Axle & Manufacturing Holdings Inc. said Friday that it swung to a third-quarter profit of $19.6 million, or 35 cents a share, from a loss of $440.9 million, or $8.54 a share, in the year-ago period. The latest quarterly results include gains of 76 cents a share, which were partly offset by charges of 23 cents a share. Analysts polled by FactSet Research were looking for a loss of 37 cents a share, on average. Sales declined to $409.6 million from $528.1 million. Shares of American Axle fell 5% in premarket trading to $6.25. At MarketWatch
AXcess News: Natural Gas Companies Gear Up for Higher Prices 10/28/2009
Shallow gas exploration and productioncompanies in Alberta are gearing up for higher prices. Anderson Energy(TSX: AXL) looks for strong improvement in the fourth quarter and EdgeResources (TSX-V: EDE) (PINKSHEETS: EDGXF) just announced a majorpartnership, expanding its land holdings more than 64%. Market Wire

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