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MG:CC News and Press, Magna International Inc. From 06/07/24

Stock Information

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

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MG:CC - What Might The Fed Do After May 2024's CPI Report

2024-06-07 09:00:00 ET Summary Investors are watching the upcoming Consumer Price Index (CPI) report to anticipate the Federal Reserve's actions. The Bank of Canada has cut rates, making it the first G7 nation to do so after raising rates for four years; the ECB followed on Thursd...

MG:CC - Canadian Companies Moving the Markets, Evening edition
Thu, Jun 06, 2024 as of 4:00 pm ET

A look at the top 10 most actives in Canada Nevada Copper Corp. (NCU) fell 72.2% to $0.025 on volume of 31,690,149 shares Suncor Energy Inc. (SU) rose 1.5% to $52.47 on volume of 15,158,451 shares Cenovus Energy Inc. (CVE) fell 0.7% to $26.01 on volume of 14,508,885 shares Calibre Minin...

MG:CC - Magna Stock: Buy, Sell, or Hold?

2024-06-04 20:15:00 ET Magna International ( TSX:MG ) can’t catch a break. Shares of the car parts manufacturer have shrunk this last year, falling even further after earnings. What’s more, the company’s share price is now at 52-week lows. Yet if you’re a...

MG:CC - My Dividend Growth Portfolio

2024-06-01 01:00:00 ET Summary I split my holdings into two categories: a core portfolio generating dividend payments and a growth portfolio generating both dividend and stock value growth. When building a portfolio, I want to invest in various sectors. The goal is to get a s...

MG:CC - The Ultimate EV Stock to Buy With $1,000 Right Now

2024-05-30 16:50:00 ET Magna International ( TSX:MG ) is a Canadian automotive giant that manufactures parts in 344 manufacturing facilities and has 104 product development facilities across 29 countries. It is one of the largest Canadian companies and was recognized in the For...

MG:CC - Down but Far From Out: 3 TSX Stocks to Buy and Hold Forever

2024-05-30 16:10:00 ET Every business eventually faces a rough patch. If they sustain the difficult times, they grow stronger. Here are three stocks that are down but far from out. Once they are out of the woods, they could become the growth catalysts in your portfolio. Magna stock ...

MG:CC - Canadian Companies Moving the Markets, Evening edition
Wed, May 29, 2024 as of 4:00 pm ET

A look at the top 10 most actives in Canada Suncor Energy Inc. (SU) fell 1.9% to $54.47 on volume of 18,392,874 shares BMO Equal Weight Banks Index ETF (ZEB) fell 2.4% to $35.37 on volume of 15,493,356 shares Enbridge Inc. (ENB) fell 0.8% to $48.93 on volume of 13,390,384 shares i-80 Go...

MG:CC - Canadian Companies Moving the Markets, Morning edition
Wed, May 29, 2024 as of 10.00 am ET

A look at the top 10 most actives in Canada Suncor Energy Inc. (SU) fell 1.0% to $54.97 on volume of 4,048,316 shares Constellation Software Inc. Unsecured Subordinated Floating Rate Debentures Series 1 (CSU.DB) rose 0.0% to $128 on volume of 1,700,000 shares BMO Equal Weight Banks Index ...

MG:CC - Magna International: Growth Under The Hood? Not Likely

2024-05-28 07:56:23 ET Summary Magna International's Q1 2024 results disappointed analysts' expectations, with sales up marginally. The company cut its guidance for total sales, citing a relatively flat vehicle production environment in key markets. Magna's leverage has increa...

MG:CC - Sell In May And Go Away? - April Dividend Income Report

2024-05-28 06:30:00 ET Summary Many investors believe the stock market generates a better return between November and April than between May and October. Many events contributed to convincing investors that summer and the beginning of fall were really bad months. If I wanted t...

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