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American Axle (NYSE:AXL) First Quarter Profit Tumbles 86% on Revenue Growth – AXL, DAN, TOWR, TRW

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American Axle & Manufact Holdings, Inc (NYSE:AXL) declared fiscal Q1 earnings tumbled 86 percent as debt-refinancing outlays outshined the automotive-industry supplier’s surprise expansion in revenue.

American Axle, the maker of driveline systems, chassis systems and forged products for vehicles, announced …


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