UPDATE 1-Tower International posts narrower loss

Newswire

DETROIT, Feb 18 (Reuters) - Tower International Inc reported on Friday a narrower quarterly net loss than a year earlier as the automotive supplier continued to recover after its 2007 bankruptcy. The Michigan-based company's net loss available to common shareholders was $21.3 million, or $1.18 per share, for the fourth quarter, compared with a net loss of $23.2 million, or $1.86 per share, a year earlier. Revenue rose 8 percent to $541.6 million. (Reporting by Bernie Woodall, editing by ...

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