Friday, April 27, 2007

American Axle posts higher quarterly earnings

(Reuters) - The latest quarter included charges totaling 4 cents a share and a favorable tax adjustment totaling 6 cents a share.

Analysts on average had expected Detroit-based American Axle to report earnings, excluding one-time items, of 22 cents a share, according to Reuters Estimates.


Read more at Reuters.com Market News

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