UPDATE 1-Tower International Q3 loss narrows

Newswire

(Follows alerts) Nov 3 (Reuters) - Tower International Inc reported a narrower third-quarter loss, helped by higher international sales, and the auto supplier said it is confident about near-term prospects. The Livonia, Michigan-based company, which makes stamped metal parts for automakers, raised its 2011 adjusted EBITDA outlook to $225-$230 million from $215-$225 million. Third-quarter net loss attributable to Tower International narrowed to $4.8 million, or 25 cents per share, from ...

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