UPDATE 2-Tower Automotive posts loss on huge charge


(Recasts first sentence, adds background, stock movement) CHICAGO, Oct 23 (Reuters) - Auto parts maker Tower Automotive Inc. on Thursday posted a quarterly loss, hurt by a massive asset impairment charge stemming from its decision to stop making frames for Ford Motor Co.'s Explorer sports utility vehicle. Shares of Tower, which had warned of the expected loss a week ago, fell 28 cents, or 6.4 percent, to $4.13 on the New York Stock Exchange on Thursday morning, off an earlier low at ...

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