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Features advanced technologies including 3D and 360-degree surround view, trailer guidance, mutli-terrain view, and see-through hood Available in the North American market Offers best-in-class image quality AURORA, Ontario, May 04, 2022 (GLOBE NEWSWIRE) -- Magna’s adv...
AURORA, Ontario, May 03, 2022 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2022 annual and special meeting of shareholders held on May 3, 2022. A total of 232,806,238 Common Shares or 78.92% of our issued and outstanding Common Sh...
As Investopedia explains, “sell in May and go away” is an investment adage warning investors to divest their stock holdings in May and wait to reinvest in November. For some dividend stocks, though, it may be too late to sell in May and go away. This bunch of stocks has al...
Magna is the exclusive mild hybrid transmission supplier for all front-transverse applications on BMW Group platform Contract extends across multiple models starting with the new BMW 2 Active Tourer Mild hybrid transmission technology significantly reduces CO 2 emissions of an...
The post-pandemic world is very different from the pandemic and pre-pandemic world. Generous stimulus packages and record-low interest rates made growth stocks and tech stocks expensive during the pandemic. However, the fiscal stimulus also accelerated the economic rebound. The post-pan...
Magna International Inc. (MGA) Q1 2022 Earnings Conference Call April 29, 2022 08:00 AM ET Company Participants Louis Tonelli - Vice President, Investor Relations Swamy Kotagiri - Chief Executive Officer Pat McCann - Executive Vice President & Chief Financial Officer Vince Galifi - Presid...
The following slide deck was published by Magna International Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Magna International Inc. 2022 Q1 - Results - Earnings Call Presentation
Magna International (NYSE:MGA) declares $0.45/share quarterly dividend, in line with previous. Forward yield 2.88% Payable May 27; for shareholders of record May 13; ex-div May 12. A quick comparison of dividend grades vs. peers. See MGA Dividend Scorecard, Yield Chart, & Dividend Gr...
Magna International press release (NYSE:MGA): Q1 Non-GAAP EPS of $1.28 beats by $0.18. Revenue of $9.64B (-5.3% Y/Y) beats by $610M. Adjusted EBIT of $507M in the first quarter of 2022 decreased 34% from the first quarter of 2021, and Adjusted EBIT as a percentage of sales decreased to 5.3% i...
Global light vehicle production was down 7%, largely due to 16% decrease in Europe Sales of $9.6 billion decreased 5% Diluted earnings per share and adjusted diluted earnings per share decreased 40% and 31%, respectively Reduced 2022 outlook to reflect expected lower light veh...
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2024-07-26 16:50:00 ET In the short term, many factors, including market volatility or economic fluctuations, might affect the performance of even the most fundamentally sound TSX stocks. However, a long-term investment focus on solid dividend-paying stocks in Canada could be a wise...
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...