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Will the 2014 Corvette Redesign Help or Hurt GM's Bottom Line?
Tuesday, November 15, 2011 - 10:58am | 1120“These aren't photos, but this is absolutely the next-generation Chevy Corvette in ZR1 trim. GM so doesn't want you to see these.” That's the word from Jalopnik, which has three exclusive renderings of the 2014 model. While there have been numerous reports of spy shots showing a real Corvette (...
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Deutsche Bank Reports American Axle To Close Detroit Plant
Friday, July 1, 2011 - 8:33am | 114According to Deutsche Bank, American Axle & Mfg (NYSE: AXL) announced that it will close the company's Detroit Manufacturing Complex Feb 26, 2012, after failing to reach an agreement with the UAW for a more competitive labor agreement. Deutsche Bank said that it anticipates that the company's...
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Jefferies holds Price Target of American Axle & Manufacturing (AXL)
Monday, May 2, 2011 - 9:38am | 87Jefferies has published a reports holding American Axle & Manufacturing (NYSE: AXL) with a Neutral rating on a $14 price target. On Friday morning, AXL beat consensus by 32%, most likely benefitting from a robust industry wide production mix toward trucks during the quarter. In the report,...
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Jefferies Initiates AXL At Hold, $14 PT
Friday, March 18, 2011 - 8:27am | 31Jefferies is initiating American Axle & Manufacturing (NYSE: AXL) at Hold with a $14 PT. American Axle & Manufacturing closed Thursday at $12.38.