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2023-09-06 10:30:00 ET The TSX Composite Index dropped 4.5% in August, as the second-quarter earnings disappointed investors. The higher interest rate started to seep into the corporate earnings, leading to weaker profits. While some anticipate a recession, some anticipate no recession. Thi...
Magna’s Gen5 system delivers a scalable, one-box front camera module delivering long range perception and side detection High-volume award to equip various platforms across regions and vehicle models over the next few years Production set to begin in late September 2023 SAILA...
MUNICH, Germany, Sept. 04, 2023 (GLOBE NEWSWIRE) -- LG Magna e-Powertrain, the Joint Venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA Mobility 2023 that it is expanding its footprint with a new facility in Miskolc, Hungary. The facility will be in M...
2023-09-03 09:00:00 ET The electric vehicle (EV) market continues to evolve in 2023, as consumers increasingly adopt the “car of the future.” Although most Canadian EV stocks remain largely too small to attract global investor attention, Magna International ( TSX:MG ...
2023-09-01 14:03:59 ET Summary Magna International Inc. reported strong Q2 2023 results, beating revenue and earnings expectations. The company's outlook for light vehicle production levels has increased. We examine the updated guidance and valuation in light of the rally from...
2023-08-31 12:15:00 ET Shares of Magna International ( TSX:MG ) have been pretty flat year to date, now settling into a range after suffering a pretty big blow that saw share shed more than 47% from peak to trough. Today, at $79 and change, Magna stock stands out as an intriguing op...
2023-08-29 12:15:00 ET Undervalued dividend stocks trading at a cheap valuation offer investors an opportunity to benefit from a higher yield as well as long-term capital gains. Historically, dividend-growth stocks trading at attractive multiples outpace the broader markets while allowing y...
Magna has submitted its net-zero targets to the Science Based Targets initiative (SBTi) Near-term target includes 100% renewable electricity use by 2030 Aligns with long-term strategy to enable cleaner and safer mobility for everyone and everything AURORA, Ontario, Aug. 29, 2023 (GL...
2023-08-21 13:45:00 ET There are a lot of stocks in Warren Buffett’s Berkshire Hathaway ( NYSE:BRK.B ), and in the past, there have been some Canadian companies included. However, over the years the Oracle of Omaha has divested his investments in Canadian stocks. That bei...
2023-08-13 09:23:22 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...
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2024-07-25 20:15:00 ET Magna International ( TSX:MG ) is a prominent player in the global automotive industry, known for its diversified product portfolio that includes ADAS, powertrain technologies, and various automotive systems. And yet, shares of Magna stock are down 27% in the ...
2024-07-25 16:20:00 ET The TSX has seen significant volatility in 2024, with some stocks underperforming despite broader market gains. Among the worst performers lately are First Quantum Minerals ( TSX:FM ), Magna International ( TSX:MG ), and Canadian Tire Corporation...
2024-07-25 15:45:00 ET Canadian equity markets have bounced back strongly this month, with the S&P/TSX Composite Index rising 4.3% and up 8.9% this year. Despite the momentum in equity markets, the following three stocks are trading at a substantial discount to their 52-week highs, ...