MG:CC News and Press, Magna International Inc. From 02/09/24

2024-02-09 05:05:15 ET 2024 and 2026 Outlook: ... Read the full article on Seeking Alpha For further details see: Magna International reports mixed Q4 earnings; initiates FY24 and FY26 outlook

Fourth Quarter 2023 Highlights Sales increased 9% to $10.5 billion, compared to 7% increase in global light vehicle production Sales increased 4% excluding foreign currency translation and acquisitions net of divestitures Diluted earnings per share and Adjusted diluted earnings per ...

2024-02-08 20:30:00 ET Indecisive about where to invest in the Canadian stock market in February 2024? Magna International ( TSX:MG ) stock and TELUS Corporation ( TSX:T ) are two blue-chip dividend stocks vying for your investment dollars. Whether you seek outsized ...

2024-02-08 11:09:10 ET More on Magna International Magna International: Margins Need To Improve Magna International: Buy This Undervalued Growth Stock Magna International: Growing EV Demand And Vehicle Production Magna wins contract to supply specialized prim...

2024-02-06 21:30:00 ET Magna International ( TSX:MG ) will release its latest quarterly earnings report later this week on February 9. As the company gears to report its financial results, most investors seem skeptical about its future growth prospects as macroeconomic challenges co...

2024-02-06 08:19:18 ET More on Magna International Magna International: Margins Need To Improve Magna International: Buy This Undervalued Growth Stock Magna International: Growing EV Demand And Vehicle Production Seeking Alpha’s Quant Rating on Magna I...

New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package Award reflects company’s expertise in electric powertrain system engineering, integrat...

2024-02-05 16:20:00 ET Shares of Tesla ( NASDAQ:TSLA ) continued to drop this week as the electric vehicle (EV) company came under fire by United States safety regulators. In fact, Tesla stock will need to recall about 2.2 million vehicles, nearly every single one in the U.S...

2024-01-30 06:39:59 ET Summary Magna International has been experiencing declining efficiency and profitability, with deteriorated margins and questionable top-line growth. The company's debt position is manageable and does not pose a significant risk, with low debt-to-assets and ...

2024-01-24 15:45:00 ET Amid the hope of the central banks slashing their benchmark interest rates and inflation showing signs of easing, the Canadian equity markets bounced back strongly in the fourth quarter. The S&P/TSX Composite Index rose 7.3% during the period. Despite the stro...