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MG:CC News and Press, Magna International Inc. From 05/03/24

Stock Information

Company Name: Magna International Inc.
Stock Symbol: MG:CC
Market: TSXC
Website: magna.com

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MG:CC - Magna Announces First Quarter 2024 Results

Sales increased 3% to $11.0 billion, compared to a 2% rise in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share were $0.03 and $1.08, respectively Recorded asset impairments and restructuring totaling $316 million related to Fisker Paid...

MG:CC - Bull Market and Beyond: 2 Stocks Just Waiting to Soar

2024-05-02 16:50:00 ET As we near the mid-year, hopes of a market recovery are getting stronger. After 11 months of a 5% interest rate since July 2023, the market is hoping for a 25-basis point rate cut in June 2024. In the hopes of a rate cut, investors could see some positiv...

MG:CC - Magna International Q1 2024 Earnings Preview

2024-05-02 11:35:23 ET More on Magna International Magna International: A Global Automotive Supplier Currently On An Upswing Magna: Attractive Entry For Long Term Returns Magna International Inc. (MGA) Q4 2023 Earnings Call Transcript Magna International fall...

MG:CC - 2 TSX Dividend Stocks I'd Buy in May 2024

2024-04-30 20:15:00 ET The ongoing market volatility allows investors to gain exposure to quality stocks trading at a discount. Due to headwinds such as rising interest rates and inflation, companies in cyclical sectors such as banking and automobiles have trailed the broader markets in the...

MG:CC - Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Integrated Driver & Occupant Monitoring System is one of 13 PACE Award winners out of 33 finalists Exteriors and seating products secure two of 11 PACEpilot Innovation to Watch recognitions Magna only company to receive a PACE and multiple PACEpilot Awards AURORA, Ontario, April...

MG:CC - Wall Street Breakfast: The Week Ahead

2024-04-28 07:22:26 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Read the full article on Seeking Alpha For further details see: Wall Street Breakfast: The Week Ahead

MG:CC - Catalyst Watch: Apple earnings, Viking IPO, Chinese EV deliveries and Russell indices' Rank Day

2024-04-26 15:00:06 ET More on the markets SPY: The 'Value' From Equities Is Historically Low SPY: The Setup Looks Extremely Bearish Be Greedy When Others Are Fearful, Even If They Are Fearful For A Good Reason BofA watched clients retract $2B last week as th...

MG:CC - Underpriced and Overlooked: 2 Canadian Stocks Ready to Rally

2024-04-25 16:10:00 ET There have been a few stocks in the last few years that made a big name for themselves in a short period of time. However, many of these afterwards went through a burst in share price, with investors all but forgetting about them in the process. Yet, there are two...

MG:CC - Doubling Down On Telus In Smith Maneuver - March 2024 Dividend Income Report

2024-04-24 07:45:00 ET Summary My dividend payout is slightly smaller than last year, as I previously held Enbridge, a generous dividend payer. Since I started this portfolio in September 2017, I have received a total of $25,263.93 CAD in dividends. All dividend growth is comi...

MG:CC - A Dividend Giant I'd Buy Over Suncor Right Now

2024-04-15 21:15:00 ET The TSX index has a wide variety of dividend stocks across multiple sectors. But just a handful of these stocks are worth investing in right now. One TSX dividend stock that has created massive wealth for long-term shareholders in energy giant Suncor ( TSX:S...

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