American Axle (AXL) joins peer Magna (MGA) in forecasting increased 2012 revenue, saying sales...

|About: American Axle & Manufactu... (AXL)|By:, SA News Editor

American Axle (AXL) joins peer Magna (MGA) in forecasting increased 2012 revenue, saying sales will rise to $2.8B-$2.9B vs. Street estimates of $2.8B. The figure would beat projected revenue of $2.6B in 2011, which is in line with consensus. (PR)