STOCKS NEWS US-American Axle up after first profit in 2 years

Stocks on the move Real-time Equity news U.S. stock market report 0924 ET 30Oct2009-American Axle shares up after first profit in 2 years ------------------------------------------------------------------------------ Shares of American Axle & Manufacturing Holdings Inc rose 1.7 percent to $6.70 in premarket trade after the company posted its first quarterly profit in two years and said it had shored up liquidity and nearly completed a restructuring to cut costs. For more, see Reuters Messaging:rm://[e-mail] 0908 ET 30Oct2009-U.S. consumer spending fell in September ---------------------------------------------------------------------------- U.S. consumer spending fell in September for the first time in five months as the boost from a government auto incentive faded, data showed on Friday, adding to fears that consumers may be pulling back as they head into the last quarter of the year. Table: Reuters Messaging: [e-mail] 0849 ET 30Oct2009-U.S. stock index futures trim losses after data, Chevron ---------------------------------------------------------------------------- U.S. stock index futures trimmed losses on Friday after oil major Chevron Corp reported third-quarter results, while data showed consumer spending fell in September for the first time in five months. S&P 500 futures slipped 3.3 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 23 points, while Nasdaq futures dipped 2 points. Reuters Messaging: [e-mail] 0805 ET 30Oct2009-Novatel revenue view below Street ---------------------------------------------------------------------------- Novatel Wireless Inc reported strong quarterly results after Thursday's closing bell, but the company warned sales of its mobile wi-fi product would be flat to lower. Novatel's shares tumbled 18 percent to $10 in Friday's premarket trading. Reuters Messaging: [e-mail] 0755 ET 30Oct2009-NYSE beats consensus, sells Liffe U.S. stake ---------------------------------------------------------------------------- NYSE Euronext said it is selling a "significant equity interest" in its derivatives exchange, NYSE Liffe U.S., and reported a 28 percent drop in earnings. Its shares were up 1.5 percent at $28 in light premarket trading in New York. For details, see Reuters Messaging: [e-mail] Keywords: MARKETS STOCKSNEWS COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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