American axle & manufacturing holdings, inc. revises earnings guidance for the full year of 2019; announces impairment charge for the third quarter ended september 30, 2019; provides impairment charge guidance for the full year of 2019

American axle & manufacturing holdings, inc. revised earnings guidance for the full year of 2019. the company's revised full year 2019 financial targets are as the company is targeting sales of approximately $6.6 billion. the company expects net loss is to be in the range of $50 million to $30 million.the company announced impairment charge for the third quarter ended september 30, 2019. for the quarter, the company reported impairment charge of $225 million.the company provided impairment charge guidance for the full year of 2019. for the year, the company expects impairment charge of $225 million.
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