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AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG ) (NYSE: MGA ) INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com 905-726-7035 TELECONFERENCE CONTACT Nancy Hansford, Executive Assistant, Inves...
2024-01-14 09:15:00 ET Magna International ( TSX:MG ) shares have been slowly recovering over the last few months. However, it’s important that investors look back a bit to see that shares are still down from 52-week highs, which occurred in January of 2023. Today, with s...
2024-01-12 16:30:00 ET The outlook for 2024 outlook is mixed. On one side, the U.S. Fed has hinted at interest rate cuts, raising hopes of a revival in interest rate-sensitive sectors like real estate and automotive. Conversely, the World Bank expects global GDP growth to slow to 2.4% i...
2024-01-12 16:00:00 ET Magna International ( TSX:MG ) is among the top stocks in the Canadian stock market and has recently been making headlines for various reasons. Hence, you might be wondering whether to buy, sell, or hold this stock. Well, we have got you covered. Conti...
2024-01-12 10:00:00 ET The stock market rally in 2023 was primarily driven by the tech sector. It suggests several companies across multiple sectors continue to trade at a much lower valuation, allowing you to buy the dip and benefit from sizeable gains when market sentiment improves. O...
2024-01-11 19:00:00 ET The demand for electric vehicles (EVs) has remained largely stable in the last few years, despite short-term weakness in consumer spending due mainly to high interest rates. As people around the world continue to be more conscious of the negative impact of fossil fuel...
2024-01-11 16:20:00 ET Magna International ( TSX:MG ) is a Canadian automotive parts manufacturer with 344 manufacturing facilities and 104 product development, engineering, and sales centres across 29 countries. The company has been under pressure over the last three years as COVID...
2024-01-10 16:00:00 ET The stock market has gotten off to an ugly start to 2024, but beginner investors need not worry. Interest rate cuts may still be on the way over the coming months. Though many investors may have overplied into certain trades in response to a more dovish tilt in ce...
Lightweight, compact and sustainable product offers added efficiency and power New eDrive solution offers unique ability to rotate 90 degrees around drive axis Versatile application can serve as primary or complementary secondary drive solution with optional eDecoupling AURORA, Onta...
Technology to help enhance detection of impaired driving, a leading cause of traffic-related fatalities in the U.S. The passive system approach uses both vision and infrared sensor technology Cockpit-embedded sensors and camera system measure alcohol from a driver's exhaled breath and thr...
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2024-07-11 16:00:00 ET The TSX Composite Index has been bearish in the last two years, with small bouts of dips and rallies keeping the two-year growth almost flat. In this subdued market, a few stocks surged while a few went into a downturn. Companies with debt on their balance s...
2024-07-10 16:40:00 ET The Bank of Canada marked its first rate cut on June 5, 2024; as of this writing, eight of 11 primary sectors are in positive territory. Some market observers say a rate cut isn’t the only catalyst for a bull run, although many believe otherwise. Still, TSX inv...
2024-07-10 15:30:00 ET The TSX stock market is at a point where it could see a reversal of the last two-year trend of rising interest rates and slowing economic growth. While the U.S. Fed has delayed the interest rate cut to the later months of 2024, the Bank of Canada initiated the rat...