News

Countdown to Magna (MGA) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

  • Beyond analysts' top -and-bottom-line estimates for Magna (MGA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
    04/30/2024

Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
    04/26/2024
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Magna International Inc. (MGA) can hold. Click on Rating Page for detail.

The price of Magna International Inc. (MGA) is 46.71 and it was updated on 2024-05-03 13:00:43.

Currently Magna International Inc. (MGA) is in overvalued.

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

  • Doubling Down On Telus In Smith Maneuver - March 2024 Dividend Income Report
    Wed, Apr. 24, 2024

Cheapskate Investor Alert! Magna International Stock Is Priced to Buy Now.

  • Quit scanning the market for a reasonably priced stock! Your search ends as Magna International (NYSE: MGA ) offers growth, value and yield.
    Wed, Apr. 24, 2024

Trade of the Day: Buy Magna (MGA) Stock to Profit From EV Sector Fallout

  • On Monday, unusual options activity for Magna (NYSE: MGA ) – an auto parts specialist – shot up to the top of the charts. Specifically, total options volume reached 119,018 contracts, up 1,779.92% against its trailing one-month average.
    Tue, Apr. 23, 2024

Magna Announces Date for Q1 2024 Results Call

  • AURORA, Ontario, April 15, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA INTERNATIONAL INC. FIRST QUARTER 2024 RESULTS WEBCAST FRIDAY – MAY 3, 2024 8:00 AM ET LIVE AUDIO WEBCAST Webcast registration: https://events.q4inc.com/attendee/510210737       DIAL IN DETAILS Participant Toll-Free Dial-In:Participant Toll Dial-In:Conference ID:   1-800-715-98711-646-307-19639829976 Slide presentation will be available on our website Investors | Magna prior to the call       REBROADCAST INFORMATION Replay available 2 hours after the call until May 10, 2024 Toll-Free Dial-In:Toll Dial-In:Conference ID:   1-800-770-20301-609-800-99099829976       INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com     905-726-7035 TELECONFERENCE CONTACT Nancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com              905-726-7108
    Mon, Apr. 15, 2024

Magna International: A Global Automotive Supplier Currently On An Upswing

  • Magna International is one of the world's largest manufacturers of OEM components for various automakers with a $15 billion market cap. To date, Magna has increased its dividend for 15 consecutive years with a 10-year dividend growth rate of 11.1%. MGA stock's yield has risen to 3.8%, which is 110 basis points higher than its five-year average.
    Mon, Apr. 15, 2024
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Press Releases
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News

Magna: Attractive Entry For Long Term Returns

  • Magna International's Q4-2023 results were below consensus, with lower adjusted EBITDA and sales growth. The company's guidance for 2024 showed improvement in adjusted EBIT margin but still fell below consensus expectations.
  • 04/07/2024

The Latest Biden EV Policy News: Which Stocks Could Thrive or Dive?

  • As Biden winds down his first term, he and his administration are introducing a slew of new electric vehicle (EV) policies to make the market more accessible and, possibly, reinvigorate slumping sales as car buyers increasingly cycle back toward conventional car offerings. Last year, EV sales dropped more than 70% as consumers considered their high pricing, relatively limited range and fairly slow charging times compared to the environmental impact and “cool” factor of driving something like a Cybertruck.
  • 03/28/2024

GM, Magna and Wipro team up for automotive software marketplace

  • General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.
  • 03/05/2024

20 GARP Blue-Chip Bargains To Buy Now

  • Last week saw a rally in Nvidia stock, causing nervousness among value and income investors. There were opportunities to buy quality companies at good or even great valuations even during the tech bubble. Growth at a reasonable price (GARP) is one potential time-tested way to beat the market long term. Super GARP investing, combining GARP with quality screens, could be better.
  • 03/01/2024

3 Hidden-Gem Electric Vehicle Stocks Ready to Ride a Massive Market Wave

  • The hunt for new investment opportunities in electric vehicle stocks heats up as EVs revolutionize the auto industry. In this pursuit lie hidden gems that are likely to blow up in the stock market in the not-so-distant future.
  • 02/25/2024

12 Upcoming Dividend Increases

  • Twelve new dividend increases this week, with an average and median increase of about 7.5%, showing the wealth-creating ability of dividend growth companies. Companies that regularly raise their dividends perform significantly better than those that do not, making them attractive for investors.
  • 02/16/2024

Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

  • Magna (MGA) reports mixed fourth-quarter results and expects full-year 2024 revenues in the band of $43.8-$45.4 billion, up from $42.8 billion recorded in 2023.
  • 02/14/2024

Magna (MGA) Reports Q4 Earnings: What Key Metrics Have to Say

  • The headline numbers for Magna (MGA) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
  • 02/09/2024

Magna (MGA) Lags Q4 Earnings Estimates

  • Magna (MGA) came out with quarterly earnings of $1.33 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $0.91 per share a year ago.
  • 02/09/2024

Unveiling Magna (MGA) Q4 Outlook: Wall Street Estimates for Key Metrics

  • Get a deeper insight into the potential performance of Magna (MGA) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
  • 02/06/2024

Magna (MGA) Reports Next Week: Wall Street Expects Earnings Growth

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 02/02/2024

Is Adient's guidance cut a positive sign for the auto suppliers?

  • Adient PLC NYSE: ADNT is one of the largest manufacturers of automotive seating and interior systems in the world. The company designs complete seat systems, including seat frames, foam cushions, mechanisms, and the actual seats.
  • 01/30/2024

Top 7 Dividend Stocks for a Tax-Efficient Portfolio in 2024

  • In the intricate tapestry of the stock market, savvy investors often latch on to the golden threads of tax-efficient dividend stocks, effectively weaving through the fabric of the January effect. While the January effect offers a glimpse into the short-term ebbs and flows of the market, the pursuit of tax-efficient dividend stocks stands as a beacon for those looking to maximize their returns.
  • 01/29/2024

Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

  • AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2023 RESULTS and 2024 OUTLOOK CONFERENCE CALL     FRIDAY – FEBRUARY 9, 2024 8:00 AM ET     DIAL IN NUMBERS North America Toll-Free: 1-800-621-4410 International Toll: 1-416-981-9010 Webcast: www.magna.com Slide presentation will be available on our website prior to the call     REBROADCAST INFORMATION Replay available 2 hours after the call until February 16, 2024 North America Toll-Free: 1-800-558-5253 International Toll: 1-416-626-4100 Reservation No.: 22029006 INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com  905-726-7035 TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com  905-726-7108
  • 01/16/2024

3-2-1, Action! - November Dividend Income Report

  • My interest rate on my line of credit was around 3%. As interest rates are likely to hit a plateau soon, chances are that it's a good thing to be invested in tech stocks. Home Depot reported declining numbers as revenue was down 3% and EPS was down 10%, but it was in line with management's expectations.
  • 12/15/2023

3 Undiscovered EV Stocks Revving Up for Success

  • As EV stocks like Tesla (NASDAQ: TSLA ) see sales slip and margins tighten, many bemoan the industry's current state. While adoption skyrocketed over the past few years, tightened economic conditions mean consumers can't afford top-of-the-line EV offerings.
  • 12/12/2023

Canadian union Unifor, Magna resume bargaining after strike at seating plant

  • Canadian labour union Unifor said on Thursday it has returned to the bargaining table with Magna International after workers staged a walkout at the auto parts supplier's Integram seat manufacturing facility in Windsor.
  • 11/09/2023

Are Investors Undervaluing Magna International (MGA) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 11/09/2023

Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised

  • Magna (MGA) expects full-year 2023 adjusted EBIT margin in the range of 5.1-5.4%, up from the previous guidance of 4.9-5.3%.
  • 11/08/2023

Here's Why Magna (MGA) is a Strong Value Stock

  • The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
  • 11/07/2023

Why Auto Parts Stocks Popped (and Dropped) Today

  • Magna International and American Axle offered surprisingly good guidance in their third-quarter earnings reports.
  • 11/03/2023

Is Magna International (MGA) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 10/10/2023

Saudi Surge: 7 EV Stocks to Snag as Investments From the Kingdom Rev Up

  • Increasingly, it seems as if the best EV stocks to buy have long-term tailwinds. The Kingdom of Saudi Arabia has taken notice and continues to diversify an economy that has  depended almost entirely on oil revenues.
  • 10/05/2023

Magna Announces Date for Q3 2023 Results Call

  • AURORA, Ontario, Oct. 04, 2023 (GLOBE NEWSWIRE) --  Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q3 2023 RESULTS CALL FRIDAY – NOVEMBER 3, 2023 8:00 AM ET DIAL IN NUMBERS Toll-Free:        1-800-908-9207International:        1-416-620-9188Webcast:        www.magna.com Slide presentation will be available on our website prior to the call REBROADCAST INFORMATION Replay available 2 hours after the call until November 10, 2023Toll-Free:        1-800-558-5253International:        1-416-626-4100Reservation No.:        22028119 INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com  905-726-7035 TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com  905-726-7108
  • 10/04/2023

Q4 Stock Predictions: 7 Auto Stocks Ready to Roar Into 2024

  • In recent times, the buzzing topic in the realm of auto stocks has been the strike initiated by the United Auto Workers Union. However, peering beyond this immediate hurdle, long-term investors should be more interested in the prospects of autonomous driving and the proliferation of electric vehicles (EVs).
  • 10/02/2023

Why Magna (MGA) is a Top Value Stock for the Long-Term

  • The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
  • 10/02/2023

UAW strikes threaten already vulnerable auto parts suppliers

  • In the face of prolonged strikes, some smaller suppliers are cutting workers or announcing plans to do so.
  • 09/27/2023

Don't Miss the Boom: 3 Autonomous Driving Stocks Set to Explode Higher

  • It is no secret that the automobile industry is undergoing a rapid evolution. Electric vehicles are here but that isn't the only change.
  • 09/27/2023

3 Auto Stocks That Should Be on Every Investor's Radar This Fall

  • Right now, when the business-news media discusses auto stocks, it focuses on the strike by the United Auto Workers Union. Hopefully that issue will be resolved relatively soon.
  • 09/20/2023

Magna: You Still Have Some Upside Here

  • 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 the June lows.
  • 09/01/2023

3 Cathie Wood Stocks That Could Deliver Bigger Gains Than the Market

  • Archer Aviation expects to begin shuttling passengers to airports on its electric air taxis in 2025. Magna International is a leading automotive parts supplier.
  • 08/26/2023

Pick These 4 Low P/CF Stocks to Spruce Up Your Portfolio

  • Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Corebridge (CRBG), General Motors (GM).
  • 08/10/2023

Magna (MGA) Tops Q2 Earnings Estimates, Lifts '23 Sales View

  • Magna (MGA) expects full-year 2023 revenues in the band of $41.9-$43.5 billion, up from the previous guidance of $40.2-$41.8 billion.
  • 08/07/2023

Magna (MGA) Beats Q2 Earnings and Revenue Estimates

  • Magna (MGA) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $0.83 per share a year ago.
  • 08/04/2023

4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

  • Industry participants like MGA, LEA, ALV and GNTX are positioned to benefit from resilient vehicle demand, operational efficiency and soaring popularity of electric vehicles.
  • 07/31/2023

4 Low Price-to-Cash Flow Stocks to Buy for Optimum Returns

  • Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. StoneCo (STNE), Unum Group (UNM), Asbury Automotive Group (ABG) and Magna International (MGA) boast low P/CF ratios.
  • 07/27/2023

2 Top Cathie Wood Fund Stocks to Buy Now

  • Magna International is a rare value opportunity held in a Cathie Wood ETF. Rocket Lab is a leading provider of launch services.
  • 07/27/2023

LKQ Gears up to Report Q2 Earnings: Here's What to Expect

  • The Zacks Consensus Estimate for LKQ's Q2 earnings per share and revenues is pegged at $1.06 and $3.41 billion, respectively.
  • 07/20/2023

Ford supplier Magna International to invest $790M in three new facilities

  • Magna International (TSX:MG), a Canadian auto parts supplier, announced on Thursday that it will invest $790 million to build three new supplier facilities to meet the rising demand for parts as automakers ramp up their production of electric vehicles.  Two of the new facilities will be located at Ford Motor Company (NYSE:F)'s BlueOval City campus in Tennessee to support the production of Ford's second-generation electric truck, the company said in a statement.
  • 07/20/2023

3 Battery Stocks for Getting Rich in 2023

  • Battery stocks have been in hot demand for years as investors, particularly as electric vehicles (EV) gained momentum. While its true that the shift away from fossil-fuel powered cars has been a catalyst, it's far from being the only reason investors should be thinking about this sector.
  • 07/18/2023

Is Magna International (MGA) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/18/2023

Here Is Why Bargain Hunters Would Love Fast-paced Mover Magna (MGA)

  • If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Magna (MGA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
  • 07/12/2023

5 Low Price-to-Book Stocks Worth Buying in July

  • The P/B ratio helps to identify low-priced stocks that have high growth prospects. Magna International (MGA), Paramount Group (PGRE), Unum Group (UNM), StoneCo Ltd.
  • 07/12/2023

Magna Announces Date for Q2 2023 Results Call

  • AURORA, Ontario, July 05, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA ANNOUNCES DATE FOR  Q2 2023 RESULTS CALL FRIDAY – AUGUST 4, 2023 8:00 AM ET DIAL IN NUMBERS Toll-Free: 1-800-899-2086International: 1-416-641-6701Webcast: www.magna.com Slide presentation will be available on our website prior to the call REBROADCAST INFORMATION Replay available 2 hours after the call until August 11, 2023Toll-Free: 1-800-558-5253International: 1-416-626-4100Reservation No.: 22027512 INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com 905-726-7035 TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com 905-726-7108
  • 07/05/2023

7 EV Sleeper Stocks to Buy Before Investors Wake Up

  • When you mention EV stocks, I bet most people immediately think of Tesla (NASDAQ: TSLA ), Elon Musk, American legacy manufacturers releasing electric versions of popular models, and perhaps a few Chinese makers like Nio (NYSE: NIO ). I'd also bet that most of the money to be made in those stocks has already been made.
  • 06/12/2023

Magna (MGA) Q1 Earnings & Revenues Beat, Guidance Raised

  • Magna (MGA) beats Q1 earnings estimates on better-than-expected EBIT in the Body Exteriors & Structures, Seating Systems and Complete Vehicles segments.
  • 05/10/2023

Magna (MGA) Q1 Earnings and Revenues Top Estimates

  • Magna (MGA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.28 per share a year ago.
  • 05/05/2023

Magna International: Poised To Integrative Growth While Effectively Returning Income

  • In the past year, Magna International (-16.35%) has both trailed the broad market, SPY (-3.19%), and the CARZ industry ETF (-7.67%). This is owing to the immense downwards pressure of sustained supply chain issues and rising interest rates on both the production and demand of Magna auto parts.
  • 04/29/2023

Magna International: An Undervalued Stock With Strong Growth Prospects

  • Magna pays out a solid dividend and maintains performance with the S&P 500. The company's CapEX strategy into electric vehicles enables them to generate stronger free cash flows and differentiate from competitors.
  • 04/29/2023

Magna Announces Date for Q1 2023 Results Call

  • AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA ANNOUNCES DATE FOR Q1 2023 RESULTS CALL FRIDAY – MAY 5, 2023 8:00 AM ET DIAL IN NUMBERS Toll-Free:        1-800-584-0405International:        1-416-981-9017Webcast:        www.magna.com Slide presentation will be available on our website prior to the call REBROADCAST INFORMATION Replay available 2 hours after the call until May 12, 2023Toll-Free:        1-800-558-5253International:        1-416-626-4100Reservation No.:        22026746 INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com  905-726-7035 TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com  905-726-7108
  • 04/17/2023

7 Must-Buy Income Stocks After the Fed Raised Interest Rates Again

  • When the Federal Reserve raised interest rates again by 25 basis points, investors seeking stable holdings needed to consider income stocks to buy. The Fed's benchmark rate is rising to a range of between 4.75% and 5.0%.
  • 03/30/2023

Spring Clean-Up And Smith Manoeuvre Is Back! - February Dividend Income Report

  • At the end of February, we performed our “spring clean-up” in our model portfolios with several trades. My biggest problem with Enbridge is not the dividend safety but rather the growth potential.
  • 03/16/2023

Magna (MGA) Announces U.S. Dollar & Euro Senior Notes Offerings

  • Magna (MGA) announces two series of U.S. dollar denominated senior notes offerings to finance Veoneer Active Safety Business Acquisition and one series of Euro denominated senior notes offerings.
  • 03/09/2023

7 Cathie Wood Stocks for Your March Buy List

  • Investing in Cathie Wood stocks means directing your money toward innovation. And that means investing heavily in tech, a sector that has been pummeled by interest rates held higher by a Federal Reserve battling runaway inflation.
  • 03/07/2023

Is Does Magna International Earnings Warning Bad for EV Sales?

  • Worldwide vehicle parts supplier and manufacturer Magna International Inc. (NYSE: MGA) is one of the most significant players in the automobile and electric vehicles (EV) space you've probably never heard of. It supplies auto parts to over 50 of the world's largest automobile brands, including General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F), and Tesla Inc. (NASDAQ: TSLA) in the US and Volkswagen AG (OTCMKTS: VWAGY) and BMW in Europe.
  • 02/21/2023

Revisiting My Investment Rules - January 2023 Dividend Income Report

  • Sometimes, you don't have to go for a new stock to add to your portfolio, as you may have the answer right in front of you. I made two mistakes back-to-back with Algonquin and Sylogist. I decided to go back and revisit my investment rules to see what I might have been missing.
  • 02/18/2023

New Strong Sell Stocks for February 15th

  • BGS, MGA and NWL have been added to the Zacks Rank #5 (Strong Sell) List on February 15, 2023.
  • 02/15/2023

Why Magna International Stock Crashed Today

  • Profit margins are going in the wrong direction for Magna International.
  • 02/10/2023

Magna International Inc. (MGA) Q4 2022 Earnings Call Transcript

  • Magna International Inc. (NYSE:MGA ) Q4 2022 Results Conference Call February 10, 2023 8:00 AM ET Company Participants Louis Tonelli - Vice President, Investor Relations Swamy Kotagiri - Chief Executive Officer Pat McCann - Executive Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Adam Jonas - Morgan Stanley Peter Sklar - BMO Capital Markets Mark Delaney - Goldman Sachs Itay Michaeli - Citi Colin Langan - Wells Fargo Rod Lache - Wolfe Research Michael Glen - Raymond James Operator Greetings, and welcome to the Q4 and year-end 2022 results and 2023 Outlook Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Friday, February 10, 2023.
  • 02/10/2023

2022 Performance Review And 2 Additions - December Dividend Income Report

  • Couche-Tard, Activision Blizzard, and Intertape Polymer (acquired throughout the year) were my top performers for 2022. The increase in dividends is worth a lot more to me than how my portfolio did in 2022.
  • 01/21/2023

2 Energy Stocks You Can Buy Right Now to Play the EV Boom

  • It's time to start looking for value in EV stocks.
  • 01/11/2023

Magna Announces Date for Q4 & Year End 2022 Results and 2023 Outlook Conference Call

  • AURORA, Ontario, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 01/10/2023

Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

  • The deal builds on Magna's (MGA) ADAS business strength and seeks to enhance its portfolio with the addition of complementary products and significant engineering and software resources.
  • 12/22/2022

Magna International to acquire Veoneer Active Safety from SSW Partners for $1.525B

  • Magna International (TSX:MG) Inc announced it has entered into an agreement to acquire the Veoneer Active Safety business from SSW Partners for $1.525 billion in cash to bolster its advanced driver-assistance system (ADAS) offering.  The Aurora, Ontario-based company said the combined business is projected to generate approximately $3 billion in sales in 2024, positioning Magna's ADAS business as a global leader.
  • 12/20/2022

Magna International buying Veoneer Active Safety business for $1.525 bln

  • Magna International Inc. MGA, -0.07% MG, -0.42% said Tuesday it agreed to pay $1.525 billion in cash for the Veoneer Active Safety business from seller SSW Partners. Magna International plans to combine Veoneer Active Safety with its advanced driver assistance systems (ADAS) unit to create a business with expected sales of $3 billion in 2024.
  • 12/20/2022

Magna International to Buy Veoneer Active Safety for $1.5 Billion

  • Magna is buying a smaller part of the Veoneer portfolio, after losing a bidding war for the whole company with Qualcomm last year.
  • 12/20/2022

Magna International's new CEO Swamy Kotagiri on navigating the auto startup boom

  • A new year brings a new CEO to global auto supplier Magna International. Swamy Kotagiri is a veteran of the company and knows all about adapting to the increasingly competitive, high-tech auto market.
  • 11/19/2022

Magna International Inc. (MGA) Q3 2022 Earnings Call Transcript

  • Magna International Inc. (NYSE:MGA ) Q3 2022 Results Conference Call November 4, 2022 8:00 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 - President Conference Call Participants John Murphy - Bank of America Adam Jonas - Morgan Stanley Peter Sklar - BMO Capital Markets Chris McNally - Evercore Joseph Spak - RBC CM Colin Langan - Wells Fargo Michael Glen - Raymond James Operator Greetings, and welcome to the Magna International Q3 2022 Results Conference Call. During the presentation, all participants will be in a listen-only mode.
  • 11/04/2022

Magna (MGA) Q3 Earnings and Revenues Lag Estimates

  • Magna (MGA) delivered earnings and revenue surprises of -5.31% and 0.75%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 11/04/2022

Magna International: It Was Still Too Early In July But Now Might Be Better

  • I revisited my stance on Magna International in my last article, calling the company a "BUY" worth consideration, going from a previous hold. Given the current market situation and that the company has dropped over 20% since then, it was clear that this was too early in terms of "timing"- an elusive thing.
  • 10/09/2022

Q3-2022 Results Conference Call

  • AURORA, Ontario, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 10/06/2022

Seeing Machines inks US$65mln driver monitoring deal with Canada's Magna International

  • Seeing Machines Limited has inked an exclusive collaboration deal with Magna International (TSX:MG), the Canadian auto parts maker, which brings with it US$65mln of investment. The pair have agreed to jointly develop a driver and occupant monitoring system based on Seeing Machines' AI-based eye-tracking technology.
  • 10/06/2022

Magna International is Your Auto and EV One-Stop Shop Stock

  • Worldwide vehicle parts manufacturer Magna International (NYSE: MGA) is not a household name yet is the largest automotive supplier in North America
  • 10/03/2022

Blue Chip Stocks to Avoid Right Now

  • It was an ugly first half of the week – no thanks to the shocking consumer inflation report – and the market is still struggling to find momentum in the second half of the week. As you may recall, markets fell sharply on Tuesday in reaction to the inflation surprise, with the S&P 500 falling 4.32% and the Dow and NASDAQ falling 3.94% and 5.16%, respectively.
  • 09/15/2022

Magna (MGA) Puts Efforts in Micromobility, Commercial Vehicles

  • Magna (MGA) enters the micromobility domain with a $77-million investment in India-based Yulu, expediting the e-mobility transition. It will exhibit its electrification solutions at the IAA event.
  • 09/14/2022

Magna International Inc. (MGA) CEO Swamy Kotagiri on Q2 2022 Results - Earnings Call Transcript

  • Magna International Inc. (NYSE:MGA ) Q2 2022 Earnings Conference Call July 29, 2022 8:00 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 - President Conference Call Participants John Murphy - Bank of America Securities Itay Michaeli - Citigroup Peter Sklar - BMO Capital Markets Chris McNally - Evercore Mark Delaney - Goldman Sachs Joseph Spak - RBC Colin Langan - Wells Fargo James Picariello - PNB Paribas Rod Lache - Wolf Research Michael Glen - Raymond James Operator Greetings, and welcome to the Second Quarter 2022 results for Magna International. During the presentation, all participants will be in a listen-only mode.
  • 07/29/2022

Magna (MGA) Q2 Earnings Lag Estimates

  • Magna (MGA) delivered earnings and revenue surprises of -10.75% and 8.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 07/29/2022

Magna: 25% Cheaper With A Decent Upside

  • In my last article, I caught a not-unexpected bit of flak for my conservative stance when the company was, according to many, undervalued. The company is down close to 30% since that piece. There's a lot of macro and risk here - but there are upsides to be considered.
  • 07/27/2022

Can Magna (MGA) Keep the Earnings Surprise Streak Alive?

  • Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
  • 07/25/2022

3 Cathie Wood Stocks That Could Deliver Bigger Gains Than the Market

  • These tickers may not be in vogue today, but that doesn't mean they can't skyrocket in the years ahead.
  • 07/20/2022

Q2-2022 Results Conference Call

  • AURORA, Ontario, July 11, 2022 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 07/11/2022

The 5 Best Car Stocks for the Second Half

  • Car stocks had a tough second quarter, falling more than the market. Several look attractive now, based on analyst price targets.
  • 07/03/2022

$36 Billion Magna International Promotes A Former R&D Leader To Chief Digital And Information Officer

  • Boris Shulkin was recently named Executive Vice President and Chief Digital and Information Officer of Magna International. He was elevated to this role nearly two decades into his tenure with the $36 billion revenue auto parts manufacturer.
  • 06/27/2022

Auto industry CEOs urge Congress to quickly pass chips funding

  • Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
  • 06/22/2022

Magna: Inflationary Pressures Continue To Dominate

  • Magna received a buy rating and a $75 price target when we last covered the stock. We look at the recently released results and the changed guidance.
  • 05/17/2022

Magna (MGA) Surpasses Q1 Earnings and Revenue Estimates

  • Magna (MGA) delivered earnings and revenue surprises of 21.90% and 8.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 04/29/2022

Magna (MGA) Segmental Estimates Signal Dull Q1 Earnings Show

  • The Zacks Consensus Estimate for Magna's (MGA) Q1 earnings and revenues is pegged at $1.05 per share and $8.88 billion, respectively.
  • 04/27/2022

5 Top Automotive Stocks For Your Late April 2022 Watchlist

  • Could these automotive stocks be revving higher anytime soon?
  • 04/23/2022

Analysts Estimate Magna (MGA) to Report a Decline in Earnings: What to Look Out for

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 04/22/2022

Magna (MGA), LG Electronics Enter Into JV to Bolster EV Strength

  • Magna (MGA) and LG Electronics announce a JV to launch a new Powertrain facility in Mexico. This is the JV's first foothold in North America.
  • 04/20/2022

Should Value Investors Pick Magna International (MGA) Stock?

  • Let's see if Magna International (MGA) stock is a good choice for value-oriented investors right now from multiple angles.
  • 04/11/2022

Why Shares of Magna International Dropped 13.4% in March

  • The market slammed on the brakes last month due to a variety of factors.
  • 04/08/2022

Q1-2022 Results Conference Call

  • AURORA, Ontario, April 08, 2022 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 04/08/2022

Magna (MGA) to Expand Ontario Operations for Battery Enclosures

  • Magna (MGA) plans to scale up its operations in Ontario by investing in a battery enclosure facility. The investment promises to fuel growth and create around 150 jobs in the area.
  • 03/31/2022

Magna: Valuation Improves Just Enough, Upgrading To A Buy

  • Magna has been a stock where we last had a bullish take in late 2020.
  • 03/06/2022

3 Top Auto Stocks to Buy and Hold for the Long Haul

  • A multiyear period of sales expansion is looming for the automotive sector, and these companies are well-positioned to benefit from it.
  • 02/25/2022

Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation

  • Magna recently announced 4th quarter results for its 2021 fiscal year, with its results impacted by ongoing semiconductor shortages.
  • 02/22/2022

Magna International Inc. (MGA) CEO Seetarama Kotagiri on Q4 2021 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Seetarama Kotagiri on Q4 2021 Results - Earnings Call Transcript
  • 02/11/2022

A Peek Into Key Predictions Ahead of Magna (MGA) Q4 Earnings

  • The Zacks Consensus Estimate for Magna's (MGA) Q4 earnings and revenues is pegged at 83 cents per share and $8.94 billion, respectively.
  • 02/08/2022

Earnings Preview: Magna (MGA) Q4 Earnings Expected to Decline

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 02/04/2022

Why Auto Parts Stocks Are a Must-Buy for 2022

  • The semiconductor shortage will ease, and automakers are preparing to ramp up production in the coming years.
  • 01/26/2022

Bear of the Day: Magna (MGA)

  • When will the semiconductor shortage ease?
  • 01/18/2022

Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call

  • AURORA, Ontario, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 01/17/2022

Don't Miss Out on This Under-the-Radar EV Stock

  • Parts maker Magna International is preparing for an EV future.
  • 01/17/2022

Magna (MGA) Expands Workforce to Strengthen ADAS Abilities

  • Magna International (MGA) adds Optimus engineers to its staff, aiming for enhanced ADAS infrastructure.
  • 01/13/2022

Worried About Missing Your 2022 Financial Goals? Consider These Three Blue Chip Dividend Stocks

  • These businesses provide reliable income streams no matter what the economy is doing.
  • 01/11/2022

3 Top Auto Stocks to Buy for the Long Haul

  • The automotive industry is set for a multi-year recovery.
  • 01/11/2022

Magna International Stock (MGA): Why The Price Increased

  • The stock price of Magna International Inc. (NYSE: MGA) increased by 5.14% in the most recent trading session. This is why it happened.
  • 01/04/2022

Magna (MGA) Gains But Lags Market: What You Should Know

  • Magna (MGA) closed the most recent trading day at $79.88, moving +0.05% from the previous trading session.
  • 12/29/2021

Magna (MGA) Set to Launch Breakthrough Powertrain in 2022

  • Magna's (MGA) launch of the all-electric powertrain, EtelligentReach, aims at efficiency gains, reduced carbon-dioxide emissions and an enhanced driving experience for customers.
  • 12/14/2021

Magna (MGA) Set for Big Gains in Electrification Program

  • Magna (MGA) seeks to achieve more than $2 billion in managed powertrain electrification sales by 2023 and above $4 billion by 2027.
  • 12/03/2021

Granite REIT: Good Growth Play

  • Granite REIT: Good Growth Play
  • 12/01/2021

Magna International Inc. (MGA) CEO Swamy Kotagiri on Q3 2021 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Swamy Kotagiri on Q3 2021 Results - Earnings Call Transcript
  • 11/05/2021

Magna (MGA) Q3 Earnings Lag Estimates

  • Magna (MGA) delivered earnings and revenue surprises of -25.33% and 0.90%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 11/05/2021

Key Factors to Note Ahead of Magna's (MGA) Q3 Earnings

  • Declining revenues across all segments and rising costs are likely to have dented Magna's (MGA) Q3 performance.
  • 11/02/2021

Analysts Estimate Magna (MGA) to Report a Decline in Earnings: What to Look Out for

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 10/29/2021

Stock Forecasters Are The Worst - September Income Report

  • Over the past few months, the fear of a potential market bubble is growing faster than the market itself. Since I started this portfolio in September 2017, I have received a total of $13,871.24 CAD in dividends.
  • 10/22/2021

Magna Disappoints: Team Transitory Takes Another Black Eye

  • Magna Disappoints: Team Transitory Takes Another Black Eye
  • 10/20/2021

Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid

  • The latest deal to acquire Veoneer (VNE) puts an end to the bidding war brewing between Qualcomm and Magna for control of the Swedish automotive-technology company.
  • 10/05/2021

Q3-2021 Results Conference Call

  • AURORA, Ontario, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 10/05/2021

Qualcomm acquires Veoneer for $4.5 billion, canceling its agreement with Magna

  • Qualcomm scored the purchase of Swedish automotive tech company Veoneer, nudging out Magna International with a higher bid. Qualcomm and investment group SSW Partners said Monday they would acquire Veoneer for $37 per share in an all-cash transaction.
  • 10/04/2021

Magna Announces Termination of Merger Agreement With Veoneer

  • AURORA, Ontario, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that the board of directors of Veoneer, Inc. has determined that the previously announced proposal by Qualcomm Incorporated to acquire Veoneer for $37 per share is a superior proposal under the terms of the previously announced merger agreement between Magna and Veoneer, and that Magna has waived the four-day matching period to make a counterproposal. Accordingly, Veoneer has terminated its merger agreement with Magna and entered into a merger agreement with Qualcomm.
  • 10/04/2021

Lucid Is Ready to Start Making EVs -- These 3 EV Names Won't Be Far Behind

  • Lucid is pushing forward with production, but it's not the only one about to hit the road with new electric vehicles.
  • 09/28/2021

Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

  • AURORA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition of Veoneer by Magna.
  • 09/20/2021

From 108K To 219K In 4 Years: 102% Total Return In 4 Years - August Dividend Income Report

  • In July of 2017, I officially quit my job and received a nice cheque for my pension plan value.
  • 09/19/2021

Veoneer Shares Pop As Qualcomm Beats Magna's Takeover Offer: Bloomberg

  • Qualcomm Inc (NASDAQ:QCOM) has made a bid to acquire automotive technology company Veoneer Inc (NYSE:VNE) for over $4 billion, beating Magna International Inc's (NYSE:MGA), Bloomberg reports. Magna offered $31.25-a-share for Veoneer in July.
  • 09/13/2021

IAA Mobility 2021 Munich: Magna to Present Future Ready Portfolio

  • SAILAUF, Germany, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Magna's commitment to delivering innovative products and systems that also create a better world for tomorrow will be on full display at the IAA 2021 Mobility Show. The show, in its new home in Munich, provides the ideal forum for sharing the company's product portfolio, new innovations and future vision. Attendees of the show can visit Magna in Hall B3, Booth C60 to learn more about what sets the company apart from others in the industry.
  • 09/01/2021

7 EV Stocks to Buy That Are Better Than Lucid Motors

  • LCID is the hottest name in EV stocks right now, but these seven may make for better plays on the vehicle electrification trend. The post 7 EV Stocks to Buy That Are Better Than Lucid Motors appeared first on InvestorPlace.
  • 08/25/2021

How About Tapping the EV Era With These 3 Auto Parts Suppliers?

  • Stay invested in auto equipment suppliers including Meritor (MTOR), BorgWarner (BWA) and Magna (MGA) to reap long-term rewards from transition into EVs.
  • 08/25/2021

GOEV Stock Remains a No-Go as the Company Remains a Laggard

  • GOEV stock continues to play catch up after disappointing continually. There's little reason to believe in Canoo at this point.
  • 08/19/2021

Auto Earnings Are Feeling the Pain of the Chip Shortage. Today, It's Magna.

  • The auto parts giant cut its full-year sales and earnings guidance. GM needed an aspirin on Wednesday when it delivered a less-rosy outlook.
  • 08/06/2021

Magna International Inc. (MGA) CEO Swamy Kotagiri on Q2 2021 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Swamy Kotagiri on Q2 2021 Results - Earnings Call Transcript
  • 08/06/2021

Magna (MGA) Lags Q2 Earnings and Revenue Estimates

  • Magna (MGA) delivered earnings and revenue surprises of -2.78% and -0.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 08/06/2021

Magna Announces Second Quarter 2021 Results

  • AURORA, Ontario, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2021.
  • 08/06/2021

Qualcomm wants to buy Veoneer for $4.6B, beating Magna's offer

  • The $3.8 billion sale of Swedish automotive tech company Veoneer to Magna International hit a roadblock Thursday after chipmaker Qualcomm submitted a bid for the company for $800 million more. Qualcomm's $4.6 billion bid, which comes in at $37 per share, has already received approval from the company's board and would not need a stockholder […]
  • 08/05/2021

Magna International Earnings Preview

  • Magna International (NYSE:MGA) announces its next round of earnings this Friday, August 06. Here is Benzinga's look at Magna International's Q2 earnings report.
  • 08/05/2021

Veoneer stock soars after Qualcomm announces buyout bid that tops Magna's offer by 18%

  • Shares of Veoneer Inc. soared 22.1% toward a three-year high in premarket trading Thursday, after Qualcomm Inc. disclosed that it has offered to buy automotive safety electronics company for $37 a share, which is 18% above the Magna International Inc.'s already agreed-upon buyout bid of $31.25. Qualcomm's stock slipped 0.5% ahead of the open while Magna shares gained 1.7%.
  • 08/05/2021

Magna (MGA) Earnings Expected to Grow: Should You Buy?

  • Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 07/30/2021

4 Safe and Profitable EV Stocks to Put at the Top of Your Buy List

  • The risk/reward ratio of these EV stocks are quite favorable, making them worth buying at their current levels. The post 4 Safe and Profitable EV Stocks to Put at the Top of Your Buy List appeared first on InvestorPlace.
  • 07/28/2021

LG and Magna Sign Joint Venture Agreement and Announce Leadership Team

  • New Company to Fuse Magna's and LG's Electric Powertrain Strengths to Accelerate E-Drive Component Development New Company to Fuse Magna's and LG's Electric Powertrain Strengths to Accelerate E-Drive Component Development
  • 07/28/2021

Magna to Bring Driver Assistance Into the Digital Age With Industry-First Capabilities in 2022

  • AURORA, Ontario, July 27, 2021 (GLOBE NEWSWIRE) -- When Magna International's ICON Radar debuts on the Fisker Ocean next year, it will mark the first application of digital radar for driver-assisted technology.
  • 07/27/2021

VEONEER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veoneer - VNE

  • NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Veoneer (NYSE: VNE) to Magna International Inc. (NYSE: MGA). Under the terms of the proposed transaction, shareholders of Veoneer will receive only $31.25 in cash for each share of Veoneer that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whet
  • 07/23/2021

Magna Buying Veoneer for $3.8 Billion

  • Jul.23 -- Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers. Magna CEO Swamy Kotagiri talks about the deal on "Bloomberg Markets.
  • 07/23/2021

SHAREHOLDER ALERT: WeissLaw LLP Investigates Veoneer, Inc.

  • NEW YORK, July 23, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Veoneer, Inc. ("Veoneer" or the "Company") (NYSE: VNE) in connection with the Company's proposed acquisition by Magna International Inc. ("Magna") (NYSE: MGA). Under the terms of the merger agreement, the Company's shareholders will receive $31.25 per share in cash for each share of Veoneer common stock that they hold.
  • 07/23/2021

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 07/23/2021

MGA vs. DRVN: Which Stock Is the Better Value Option?

  • MGA vs. DRVN: Which Stock Is the Better Value Option?
  • 07/23/2021

Magna CEO Swamy Kotagiri on buying Veoneer for $3.8 billion in cash

  • Magna CEO Swamy Kotagiri joins CNBC's "TechCheck" to speak with Phil LeBeau about the company's $3.8 billion cash deal for Veoneer.
  • 07/23/2021

Car Parts Giant Magna Dives Into Self-Driving Cars With a Big Acquisition

  • Magna International shocked Wall Street by buying safety supplier Veoneer. The deal is all about self-driving cars.
  • 07/23/2021

Magna to Acquire Veoneer, Positioning Magna's ADAS Business as a Global Leader in a Fast-Growing Industry

  • AURORA, Ontario and STOCKHOLM, Sweden, July 22, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer (NYSE: VNE; SSE: VNE SDB) today announced that they have entered into a definitive merger agreement under which Magna will acquire Veoneer, a leader in automotive safety technology. Pursuant to the agreement, Magna will acquire all of the issued and outstanding shares of Veoneer for $31.25 per share in cash, representing an equity value of $3.8 billion, and an enterprise value of $3.3 billion, inclusive of Veoneer's cash, net of debt and other debt-like items as of March 31, 2021.
  • 07/22/2021

Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

  • Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
  • 07/15/2021

Is Magna International Stock A Buy After Goldman Sachs's Big Upgrade?

  • Magna's product line provides high switching costs and significant barriers to entry. The company operates in a capital-intensive industry subject to cyclical demand.
  • 07/15/2021

5 Top-Ranked Stocks Up for an Earnings Beat

  • Inside the top-ranked stocks that can beat earnings estimates in their next releases.
  • 07/14/2021

5 High Earnings Yield Picks to Give Your Portfolio a Dose of Growth

  • Build a strong portfolio by investing in stocks like FANG, LYB, AVT, MGA and AXS that are backed by strong earnings potential.
  • 07/13/2021

MGA or SHYF: Which Is the Better Value Stock Right Now?

  • MGA vs. SHYF: Which Stock Is the Better Value Option?
  • 07/07/2021

Is Magna (MGA) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/07/2021

Why Magna (MGA) is Poised to Beat Earnings Estimates Again

  • Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
  • 07/07/2021

Is Magna International (MGA) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 07/07/2021

Magna (MGA) Stock Sinks As Market Gains: What You Should Know

  • Magna (MGA) closed at $93.34 in the latest trading session, marking a -0.85% move from the prior day.
  • 07/05/2021

These industries may face the most pressure from rising wages

  • CNBC's Kelly Evans discusses rising wage pressures with Adam Virgadamo, head of U.S. thematic investing and U.S. equity strategist at Morgan Stanley. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
  • 07/02/2021

Magna (MGA) Stock Sinks As Market Gains: What You Should Know

  • Magna (MGA) closed the most recent trading day at $92.80, moving -1.66% from the previous trading session.
  • 06/28/2021

Q2-2021 Results Conference Call

  • AURORA, Ontario, June 25, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)
  • 06/25/2021

Fisker Signs Binding Agreement With Magna

  • Electric vehicle manufacturer Fisker Inc (NYSE: FSR) has signed a binding agreement for manufacturing with Magna International Inc (NYSE: MGA), a Canadian mobility technology company. The agreement finalizes the framework established between the two companies beginning in Oct. 2020, along with deals on electric vehicle (EV) platform sharing and the Advanced Driver Assistance System (ADAS) package.
  • 06/17/2021

Magna Ignites Vehicle Design With Surface Element Lighting Technology

  • AURORA, Ontario, June 07, 2021 (GLOBE NEWSWIRE) -- Magna is pushing vehicle design possibilities with its new innovative Surface Element Lighting technology which offers a new palette of options for automotive designers. First-to-market on the all-electric 2021 Volkswagen ID.4, Surface Element Lighting is contained within a compact package, providing a homogeneous appearance and customizable, affordable LED lighting options for exterior vehicle applications.
  • 06/07/2021

Here's Why Magna (MGA) is Poised Well to Ride on EV Mania

  • Magna (MGA), which remains focused on innovation and technology development, expects hybrid and electric technologies to bolster the top line, going forward.
  • 05/25/2021

Magna (MGA) Inches Up 4% Since Q1 Earnings & Sales Beat

  • Magna (MGA) now expects full-year revenues in the band of $40.2-$41.8 billion, up from the previous forecast of $40-$41.6 billion.
  • 05/19/2021

Magna International Inc. (MGA) CEO Swamy Kotagiri on Q1 2021 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Swamy Kotagiri on Q1 2021 Results - Earnings Call Transcript
  • 05/07/2021

Magna Announces 2021 Annual Meeting Results

  • AURORA, Ontario, May 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2021 annual meeting of shareholders held on May 6, 2021. A total of 242,383,350 Common Shares or 80.43% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows:
  • 05/06/2021

Magna (MGA) Q1 Earnings and Revenues Surpass Estimates

  • Magna (MGA) delivered earnings and revenue surprises of 18.47% and 7.52%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 05/06/2021

Magna Announces First Quarter 2021 Results

  • AURORA, Ontario, May 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2021. Please click HERE for full first quarter Financial Statements and MD&A.
  • 05/06/2021

What's in the Offing for Magna (MGA) This Earnings Season?

  • Our proven model does not conclusively predict an earnings beat for Magna (MGA) this time around as it does not have the right mix of elements.
  • 05/03/2021

Magna: Providing Investors With Electric Vehicle Exposure And Dividend Growth

  • Magna: Providing Investors With Electric Vehicle Exposure And Dividend Growth
  • 04/27/2021

Magna: Selling Shovels In An EV Gold Rush

  • Magna's joint venture with LG Electronics makes Magna one of the most competitive EV manufacturer. Magna's Expansion plan in China is accelerating growth.
  • 04/20/2021

MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 04/19/2021

Has Magna International (MGA) Outpaced Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 04/16/2021

Magna (MGA) Outpaces Stock Market Gains: What You Should Know

  • In the latest trading session, Magna (MGA) closed at $95.75, marking a +1.92% move from the previous day.
  • 04/15/2021

3 Stocks With Upgraded Broker Ratings Worth Buying Right Now

  • By following broker rating upgrades, one can easily find attractive, profitable stocks. Hence, we choose Dana Incorporated (DAN), Magna International Inc. (MGA) and Westlake Chemical (WLK) as these are witnessing ratings upgrade.
  • 04/15/2021

Magna Shares Spike On Report Of Joint Venture With LG For Apple Electric Vehicle: What Investors Should Know

  • One of the most anticipated contracts of 2021 could be the manufacturers of Apple's planned electric vehicles. A Magna International (NYSE: MGA) and LG joint venture could come out the winner, according to a report from The Korea Times.
  • 04/13/2021

Magna To Manufacture Modular EV With Israeli Startup REE: Bloomberg

  • Canadian auto supplier and contract manufacturer Magna International Inc (NYSE: MGA) jumps the electric vehicle (EV) bandwagon by devising a modular EV with Israeli EV and battery-related start-up REE Automotive, Bloomberg reports. The production location, timeline, and financial terms were not disclosed.
  • 04/12/2021

Magna (MGA) Stock Sinks As Market Gains: What You Should Know

  • Magna (MGA) closed the most recent trading day at $89.50, moving -0.23% from the previous trading session.
  • 04/09/2021

MGA or GNTX: Which Is the Better Value Stock Right Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 04/02/2021

Is Magna (MGA) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 04/02/2021

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 03/31/2021

Magna Posts 2020 Annual Report

  • AURORA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2020 Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company's website, www.magna.com.  Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).
  • 03/26/2021

Magna (MGA) Gains But Lags Market: What You Should Know

  • Magna (MGA) closed the most recent trading day at $86.71, moving +0.24% from the previous trading session.
  • 03/25/2021

Magna International's (MGA) Shares March Higher, Can It Continue?

  • As of late, it has definitely been a great time to be an investor in Magna International Inc. (MGA).
  • 03/23/2021

Magna (MGA) Gains As Market Dips: What You Should Know

  • Magna (MGA) closed the most recent trading day at $91.81, moving +0.69% from the previous trading session.
  • 03/19/2021

Magna International CEO on becoming a mobility technology company

  • Magna International CEO Seetarama Kotagiri explained why he sees the automotive supplier as a $40 billion start-up with a 60 year history serving a complex, high-tech end market.
  • 03/18/2021

Magna (MGA) Hits Fresh High: Is There Still Room to Run?

  • Magna (MGA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
  • 03/18/2021

MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 03/17/2021

Should Value Investors Buy Magna (MGA) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/17/2021

Here's How Much You'd Have If You Invested $1000 in Magna a Decade Ago

  • Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
  • 03/16/2021

Has Magna International (MGA) Outpaced Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 03/15/2021

Magna (MGA) Outpaces Stock Market Gains: What You Should Know

  • Magna (MGA) closed at $92.92 in the latest trading session, marking a +1.37% move from the prior day.
  • 03/12/2021

5 Relative Price Strength Stocks That You Will Want to Own

  • Magna International (MGA), The Mosaic Company (MOS), Louisiana-Pacific Corporation (LPX), Abercrombie & Fitch (ANF) and Moelis & Company (MC) are five stocks with explosive relative price strength.
  • 03/12/2021

Magna Drives Pickup Truck Electrification With Its New eBeam Technology

  • AURORA, Ontario, March 11, 2021 (GLOBE NEWSWIRE) -- Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future. Today, the journey to a cleaner tomorrow continues with Magna's new eBeam technology – which is scalable and gives automakers the ability to electrify their trucks without sacrificing utility and functionality. eBeam integrates with a battery electric or hybrid powertrain system and offers a structure-oriented design to support high-payload vehicles, with matching power for continuous-duty usage.
  • 03/11/2021

5 Value Stocks With Enticing EV-to-EBITDA Ratios to Own Now

  • We have screened value stocks MGA, GCO, USAK, LPL and OC based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.
  • 03/10/2021

Why Shares of Magna International Jumped in February

  • The company provided an optimistic outlook indicating it is on the right road.
  • 03/08/2021

5 High Earnings Yield Picks That Command Your Attention

  • Level up your portfolio with high earnings yield stocks including ArcelorMittal (MT), Moderna, (MRNA), Shell (RDS.A), Magna (MGA), Winnebago (WGO).
  • 03/05/2021

3 Model Zacks Buys

  • 3 Model Zacks Buys
  • 03/04/2021

Magna Leverages Cloud Connectivity and Advanced E-Mobility Innovations to Decrease Emissions and Increase Range

  • ARJEPLOG, Sweden, March 04, 2021 (GLOBE NEWSWIRE) -- Magna's roadmap to e-mobility now includes the company's all-new connected PHEV drivetrain and next gen battery electric drive systems. Debuting today, both systems were on full display at the company's Winter Test driving location in northern Sweden. On a frozen track under demanding climatic and driving conditions, the technologies proved their functional advantages including better efficiency, range and driving dynamics.
  • 03/04/2021

Digital Transformation Comes To Energy, Autos, And Currency - Jon Markman And Greg King Join Alpha Trader (Podcast Transcript)

  • Digital Transformation Comes To Energy, Autos, And Currency - Jon Markman And Greg King Join Alpha Trader (Podcast Transcript)
  • 03/03/2021

MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 03/01/2021

Is Magna (MGA) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/01/2021

Magna to Deliver 3D Surround View With Next-Gen Cameras and Electronic Control Units

  • AURORA, Ontario, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Global automakers will soon be able to offer 3D surround-view systems in more vehicles, thanks to Magna's new surround view cameras and electronic control units. Starting with 2022 model years and proliferating across multiple customers and vehicle platforms, Magna's next generation cameras and domain controllers will help make the benefits of 3D surround view – a driver-assistance technology found mainly in luxury-class vehicles – available to more consumers.
  • 02/25/2021

Magna (MGA) Up 15% Since Solid Q4 Earnings & Robust '21 View

  • Magna (MGA) expects 2021 revenues in the band of $40-$41.6 billion, implying a rise from $32.6 million recorded in 2020.
  • 02/25/2021

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 02/24/2021

Magna's New Michigan Plant to Support Fast-Growing Electric Vehicle Market

  • TROY, Mich., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Magna has broken ground on a new manufacturing facility in St. Clair, Michigan, that will build complex battery enclosures for the all-new 2022 GMC Hummer EV.
  • 02/23/2021

Magna International Inc. (MGA) CEO Swamy Kotagiri on Q4 2020 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Swamy Kotagiri on Q4 2020 Results - Earnings Call Transcript
  • 02/19/2021

Why Magna International Stock Is Higher Today

  • Earnings and guidance were both pretty good.
  • 02/19/2021

How Magna International Beat Expectations in Q4

  • Net profit jumped 67% from a year ago. Here's why.
  • 02/19/2021

Car Parts Giant Crushes Earnings Expectations. The Auto Recovery Hits the Gas.

  • Auto parts giant Magna International reported fourth-quarter earnings that easily beat Wall Street projections. The coming year is looking strong, too.
  • 02/19/2021

Magna International: Q4 Earnings Insights

  • Shares of Magna International (NYSE:MGA) rose 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 100.71% over the past year to $2.83, which beat the estimate of $2.03.
  • 02/19/2021

Magna Announces Fourth Quarter 2020 Results and Outlook

  • Fourth Quarter 2020 Highlights
  • 02/19/2021

Magna International's Earnings: A Preview

  • On Friday, February 19, Magna International (NYSE:MGA) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
  • 02/18/2021

Why Earnings Season Could Be Great for Magna International (MGA)

  • Magna International (MGA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
  • 02/18/2021

Magna (MGA) Reports Next Week: Wall Street Expects Earnings Growth

  • Magna (MGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 02/12/2021

MGA vs. GNTX: Which Stock Is the Better Value Option?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 02/11/2021

Magna (MGA) Dips More Than Broader Markets: What You Should Know

  • Magna (MGA) closed at $76.39 in the latest trading session, marking a -0.59% move from the prior day.
  • 02/10/2021

Where to Look for the Best Electric-Vehicle Stocks Now

  • With valuations so high, where are the best buys?
  • 02/06/2021

3 Stocks to Watch as Shift to Electric Vehicle Gains Traction

  • Concerns over global warming and governments' initiatives to support clean energy will push EV and related stocks like Ford (F), Magna (MGA) and NIO Ltd (NIO)
  • 02/05/2021

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 02/04/2021

Why SPAC 10X Capital's Stock Surged Today

  • It's the latest SPAC to join the electric-vehicle gold rush.
  • 02/03/2021

5 Auto Stocks Poised to Deliver Q4 Earnings Beat

  • The Auto sector is anticipated to witness year-over-year earnings and sales growth of 76.9% and 3.8%, respectively, for the to-be-reported quarter. Stocks including F, LEA, AN, ALSN and MGA are set to top Q4 earnings estimates.
  • 02/01/2021

Q4 & Year End 2020 Results and 2021 Outlook Conference Call

  • AURORA, Ontario, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG ) (NYSE: MGA )
  • 01/26/2021

MGA or GNTX: Which Is the Better Value Stock Right Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 01/26/2021

Magna (MGA) Stock Sinks As Market Gains: What You Should Know

  • Magna (MGA) closed at $75.80 in the latest trading session, marking a -0.26% move from the prior day.
  • 01/25/2021

ESG Stocks to Gather Speed Under Biden's Leadership: 5 Picks

  • Biden's administration plans to address climate change and take ESG initiatives. This call for investing in Shopify (SHOP), Magna International (MGA), IDEXX Lab (IDXX), Facebook (FB) and PayPal (PYPL).
  • 01/20/2021

Pick These 5 Bargain Stocks With Exciting EV-to-EBITDA Ratios

  • We have screened bargain stocks MGA, HUN, ANTM, ET and CACI based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.
  • 01/20/2021

Top Ranked Momentum Stocks to Buy for January 19th

  • Top Ranked Momentum Stocks to Buy for January 19th
  • 01/19/2021

Magna International Stock Needs A Bigger Catalyst

  • Lately, there has been a lot of speculation that Apple will be launching an electric car. If Apple did release a car, Magna International could become a partner in parts and manufacturing.
  • 01/17/2021

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 01/15/2021

Top Ranked Momentum Stocks to Buy for January 13th

  • Top Ranked Momentum Stocks to Buy for January 13th
  • 01/13/2021

Magna International's (MGA) Shares March Higher, Can It Continue?

  • As of late, it has definitely been a great time to be an investor in Magna International (MGA).
  • 01/13/2021

3 Cheap Stocks to Buy in 2021

  • Valuations are stretched on Wall Street. Here are three stocks that look like good bargains.
  • 01/09/2021

Investing 2021: People are rotating out of tech into some other sectors: Portfolio Manager

  • Santori Fund Founder and Portfolio Manager Dan Niles weighs in his outlook for the tech sector in 2021 and the social media space after the violence at the Capitol. For 2020 election results please visit: Election results: https://www.yahoo.com/elections Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
  • 01/07/2021

6 Stocks Trading Near 52-Week Highs That Can Appreciate Further

  • Investors target stocks that have been on a bullish run, lately. Stocks seeing price strength have higher chances of carrying the momentum ahead.
  • 01/07/2021

MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

  • MGA vs. GNTX: Which Stock Is the Better Value Option?
  • 01/06/2021

Magna (MGA) Is Up 0.24% in One Week: What You Should Know

  • Does Magna (MGA) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 01/05/2021

Magna International's new CEO Swamy Kotagiri on navigating the auto startup boom

  • A new year brings a new CEO to global auto supplier Magna International. Swamy Kotagiri is a veteran of the company and knows all about adapting to the increasingly competitive, high-tech auto market.
  • 01/05/2021

Top Ranked Momentum Stocks to Buy for January 4th

  • Top Ranked Momentum Stocks to Buy for January 4th
  • 01/04/2021

Magna Expands With Fisker: Secures Full ADAS System Business

  • AURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) --  Magna today confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to the Fisker Ocean SUV that is expected to launch in late 2022. This new business win demonstrates Magna's ability to bring scale and efficiency to the mobility landscape and represents an important expansion of the EV platform sharing, vehicle engineering and manufacturing cooperation the two companies announced last October.
  • 01/04/2021

New Year Brings New CEO for Magna

  • AURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Last October, Magna's Board of Directors announced the appointment of Swamy Kotagiri as Magna's next Chief Executive Officer, effective January 1, 2021. Today, Kotagiri begins his first day as CEO and a Director of Magna International.
  • 01/04/2021

Top Ranked Momentum Stocks to Buy for December 31st

  • Top Ranked Momentum Stocks to Buy for December 31st
  • 12/31/2020

Magna (MGA)-LG Electronics JV to Spur Electrification Efforts

  • The latest JV is set to help Magna International (MGA) and LG Electronics expand their electric powertrain offerings by capitalizing on existing engineering expertise and technological capabilities.
  • 12/24/2020

4 Auto Stocks Poised to Continue Their Winning Streaks in 2021

  • The auto sector is projected to witness year-on-year earnings growth of 58% in 2021. Amid the upbeat scenario, stocks like TSLA, MGA, CMI and ADNT are set to fly high next year.
  • 12/24/2020

Why Magna International Stock Moved Up 9% Today

  • The auto supplier makes another move into the electric-vehicle segment.
  • 12/23/2020

MGA Stock: Why Magna International Shares Are Driving Higher Today

  • Magna International (MGA) stock is taking off on Wednesday after announcing plans to work alongside LG Electronics on EV parts. The post MGA Stock: Why Magna International Shares Are Driving Higher Today appeared first on InvestorPlace.
  • 12/23/2020

LG Forms Electric Vehicle-Focused Joint Venture With Magna

  • South Korean electronics company LG Electronics Ltd has entered into a joint venture agreement with Canadian technology company Magna International Inc (NYSE: MGA), the two companies announced Monday. What Happened: The joint venture will manufacture automobile components like e-motors, inverters, onboard chargers, etc, and focus exclusively on the EV segment.
  • 12/23/2020

LG and Magna Enter Joint Venture Agreement to Expand in Powertrain Electrification Market

  • Combines Strengths of Two Major Players in the Electric Powertrain Space to Accelerate Time to Market and Capitalize on Electrification Emergence Combines Strengths of Two Major Players in the Electric Powertrain Space to Accelerate Time to Market and Capitalize on Electrification Emergence
  • 12/22/2020

Why Collective Growth, RMG Acquisition, and InterPrivate Acquisition Stocks Are Higher Today

  • All three SPACs are merging with companies in the white-hot self-driving and electric-vehicle spaces.
  • 12/22/2020

Is Magna International (MGA) a Great Stock for Value Investors?

  • Is Magna International (MGA) a great pick from the value investor's perspective right now? Read on to know more.
  • 12/17/2020

Why Is Magna (MGA) Up 14.7% Since Last Earnings Report?

  • Magna (MGA) reported earnings 30 days ago. What's next for the stock?
  • 12/06/2020

5 Strong Buy Stocks Gift-Wrapped for the Holidays

  • Here are 5 cheap stocks that have every reason to do well.
  • 11/27/2020

7 Canadian Stocks to Buy for Improved International Relations

  • Canadian stocks will fare better under improved international relations in 2021. These seven stocks have the right fundamentals to rise.
  • 11/25/2020

Magna International: Innovative EV Start-Up Collaborator Disguised As An Old Dividend-Paying Parts Supplier

  • Over six decades of automotive experience and a global presence. Not just a parts supplier but a builder of complete vehicles.
  • 11/16/2020

Magna: A 2021 Winner

  • Magna's Q3-2020 came in above expectations. Investors are likely missing the share buybacks that Magna has executed so well in the past.
  • 11/13/2020

TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

  • AURORA, Ontario, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Mag na International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 29,623,300 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 2, 2020, Magna had 299,263,809 issued and outstanding Common Shares, including a public float of 296,233,190 Common Shares.
  • 11/11/2020

Magna International Inc. (MGA) CEO Donald Walker on Q3 2020 Results - Earnings Call Transcript

  • Magna International Inc. (MGA) CEO Donald Walker on Q3 2020 Results - Earnings Call Transcript
  • 11/06/2020

Recap: Magna International Q3 Earnings

  •   Shares of Magna International (NYSE:MGA) decreased 4.5% in pre-market trading after the company reported Q3 results.
  • 11/06/2020

Magna Announces Third Quarter 2020 Results

  • AURORA, Ontario, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2020.  Please click HERE for full third quarter Financial Statements and MD&A.
  • 11/06/2020

SPAC News: 9 Things to Know About EV Maker Fisker Stock

  • Fisker (FSR) news for Friday includes it completing its deal with special purpose acquisition company (SPAC) Spartan Energy Acquisition. The post SPAC News: 9 Things to Know About EV Maker Fisker Stock appeared first on InvestorPlace.
  • 10/30/2020

Magna's CLEARVIEW Camera Monitoring System to Debut In 2022

  • AURORA, Ontario, Oct. 27, 2020 (GLOBE NEWSWIRE) -- After winning new business across multiple vehicle models for a global automaker, it's official: Magna's CLEARVIEW™ technology will enter the market in 2022. Using a unique combination of camera and mirror technology to provide drivers with an enhanced field of view, CLEARVIEW is made possible through Magna's comprehensive expertise in intelligent vision systems using mirrors, cameras, electronics and software.
  • 10/27/2020

Wall Street Breakfast: The Week Ahead

  • Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
  • 08/30/2020

Dividend Champion And Contender Highlights: Week Of August 30

  • 08/29/2020

Magna International: Strong Dividend Despite Cratered Revenue

  • MGA's Q2 total sales plummeted to $4.3 billion vs. $10.1 billion in 2Q19, as the economic toll of the coronavirus was almost unprecedented.
  • 08/28/2020

July Income Report: Adding Some More Wine

  • Canadian portion of my portfolio did well between July 1st and August 5th. The big winner during this period was Intertape Polymer.
  • 08/21/2020

EV startup Canoo to go public with blank-check firm at $2.4 bln valuation

  • Canoo Holdings Ltd, an electric vehicle startup already working with South Korea's Hyundai Motor, will go public later this year at a value of $2.4 billion after joining forces with a so-called blank-check firm or special purpose acquisition company (SPAC). The combined company will be called Canoo Inc following the closing of the deal with Hennessy Capital Acquisition Corp IV in the fourth quarter and will trade on the Nasdaq under the ticker symbol "CNOO," the companies said. A SPAC is a shell company that raises money through an IPO to buy an operating entity, typically within two years.
  • 08/18/2020

Don't Race Out To Buy Magna International Inc. (TSE:MG) Just Because It's Going Ex-Dividend

  • Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Magna...
  • 08/17/2020

Dividend Champion And Contender Highlights: Week Of August 16

  • A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
  • 08/15/2020

A Diversified Dividend Growth Portfolio - Undervalued Stock From Each Sector

  • I present 11 stocks for starting a diversified dividend growth portfolio. A pick from each of the 11 sectors with great dividend metrics, strong balance sheet, and attractive valuation.
  • 08/14/2020

Magna International (MGA) Is Recession-Resistant Stock to Buy Now

  • VLTAVA Fund recently released its Q2 2020 Investor Letter, a copy of which you can download here. VLTAVA is a global equity investment fund launched by Daniel Gladis in 2004. You should check out VLTAVA Fund's top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market […]
  • 08/12/2020

Magna (MGA) Surpasses Q2 Earnings and Revenue Estimates

  • Magna International (MGA) expects full-year 2020 revenues in the band of $30-$32 billion.
  • 08/12/2020

Hyundai, Aptiv name self-driving joint venture Motional

  • South Korean automaker Hyundai Motor Co and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies said Tuesday. Formed a year ago, the $4-billion venture is developing a fully automated system that it hopes to begin selling in 2022 to robotaxi companies and fleet operators, Chief Executive Karl Iagnemma said in an interview. Boston-based Motional, which expects to have more than 1,000 employees by year-end, has locations in Pittsburgh, Las Vegas, Santa Monica, Singapore and now Seoul.
  • 08/11/2020

What Is The Ownership Structure Like For Magna International Inc. (TSE:MG)?

  • A look at the shareholders of Magna International Inc. (TSE:MG) can tell us which group is most powerful. Large...
  • 08/10/2020

STRT vs. MGA: Which Stock Is the Better Value Option?

  • STRT vs. MGA: Which Stock Is the Better Value Option?
  • 08/10/2020

Fisker says has tentative deal for Magna to build its electric SUV in Austria

  • Electric carmaker Fisker Inc, which recently announced plans to go public through a merger with a so-called blank-check company, said on Friday it has a tentative deal for Canadian auto supplier Magna International Inc to build its Ocean electric SUV. Fisker said in a statement that it expects to reach a definitive agreement "in the next few months" to have Magna Steyr start production of the Fisker Ocean as early as the fourth quarter of 2022.
  • 08/07/2020

The Zacks Analyst Blog Highlights: Sun Life Financial, EOG Resources, NortonLifeLock and Magna International

  • The Zacks Analyst Blog Highlights: Sun Life Financial, EOG Resources, NortonLifeLock and Magna International
  • 08/07/2020

Magna (MGA) Reports Q2 Loss, Tops Revenue Estimates

  • Magna (MGA) delivered earnings and revenue surprises of 15.76% and 15.09%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 08/07/2020

Magna International: Q2 Earnings Insights

  • Shares of Magna International (NYSE:MGA) moved higher by 2.8% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 207.55% over the past year to ($1.71), which missed the estimate of ($1.63).Revenue of $4,293,000,000 declined by 57.60% year over year, which beat the estimate of $4,140,000,000.Looking Ahead The upcoming fiscal year's revenue expected to be between $30,000,000,000 and $32,000,000,000.Conference Call Details Date: Aug 07, 2020Time: 08:00 AMView more earnings on MGAET Webcast URL: https://edge.media-server.com/mmc/p/i7wdcq9nPrice Action 52-week high: $57.09Company's 52-week low was at $22.75Price action over last quarter: Up 27.24%Company Description Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly. Roughly half of Magna's revenue comes from North America while Europe accounts for approximately 44%.See more from Benzinga * Earnings Scheduled For August 7, 2020 * Magna International's Earnings Outlook(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 08/07/2020

Auto supplier Magna's sales beat as virus-hit vehicle production rebounds

  • 08/07/2020

Auto supplier Magna reports quarterly loss as virus hits sales

  • 08/07/2020

Magna Announces Second Quarter 2020 Results

  • * Light vehicle production in North America and Europe, our most significant production markets, down 70% and 59%, respectively; global light vehicle production down 42% * Estimated COVID-19 impacts of approximately $5.5 billion on sales, $1.2 billion on both income from operations before income taxes and Adjusted EBIT * Sales of $4.3 billion decreased 58%, diluted (loss) earnings per share of ($2.17) compared to $1.42 in the second quarter of 2019 * Reinstated financial outlook for 2020AURORA, Ontario, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2020. Please click HERE for full second quarter Financial Statements and MD&A. THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30,  2020 2019 2020 2019 Reported                 Sales$  4,293  $10,126 $  12,950  $20,717          (Loss) income from operations before income taxes$  (789) $595 $  (403) $1,963          Net (loss) income attributable to Magna International Inc.$  (647) $452 $  (386) $1,558          Diluted (loss) earnings per share$  (2.17) $1.42 $  (1.29) $4.83          Non-GAAP Financial Measures(1)                 Adjusted EBIT$  (600) $677 $  (197) $1,397          Adjusted diluted (loss) earnings per share$  (1.71) $1.59 $  (0.83) $3.22   All results are reported in millions of U.S. dollars, except per share figures, which are in U.S. dollars. (1)  Adjusted EBIT and Adjusted diluted (loss) earnings per share are Non-GAAP financial measures that have no standardized meaning under U.S. GAAP, and as a result may not be comparable to the calculation of similar measures by other companies. A reconciliation of these Non-GAAP financial measures is included in the back of this press release.   Don Walker, Magna’s Chief Executive Officer commented: “While our second quarter results were impacted by a precipitous decline in global vehicle production caused by the COVID-19 pandemic, I am pleased we have been able to successfully and safely restart operations at our plants around the world.   Additionally, we have taken several actions across the company to reduce our cost structure to be aligned with our updated expectations for future vehicle production.  We expect our second half 2020 results to begin to reflect these actions. I am confident that Magna will emerge from the recent economic upheaval as strong as ever.”THE IMPACT OF COVID-19During the second quarter of 2020, our most significant production markets of North America and Europe experienced vehicle production declines compared to the second quarter of 2019 that, both in percentage and absolute volume terms, far exceeded the worst comparable quarterly declines experienced during the 2008-2009 financial crisis.  These declines are largely due to our customers’ production suspensions and volume reductions attributable to the COVID-19 pandemic.Based on our expectations at the beginning of the year, we estimate that reduced volumes in the quarter resulted in lost sales of approximately $5.5 billion and that Adjusted EBIT was negatively impacted by approximately $1.2 billion.  For the six months ended June 30, 2020, we estimate such lost sales to be approximately $6.6 billion and that Adjusted EBIT was negatively impacted by approximately $1.45 billion.  (Loss) income from operations before income taxes, net (loss) income attributable to Magna International Inc. and diluted (loss) earnings per share, each for the second quarter and six months ended June 30, 2020, were also negatively impacted by the COVID-19 related volume reductions.THREE MONTHS ENDED JUNE 30, 2020On a consolidated basis, we posted sales of $4.3 billion for the second quarter of 2020, a decrease of 58% from the second quarter of 2019, compared to global light vehicle production that decreased 42%, reflecting declines of 70% and 59% in North America and Europe, respectively, and an increase of 3% in China.   Adjusted EBIT decreased to $(600) million in the second quarter of 2020 compared to $677 million in the second quarter of 2019. (Loss) income from operations before income taxes was $(789) million for the second quarter of 2020 compared to $595 million in the second quarter of 2019.  Included in loss from operations before income taxes in the second quarter of 2020 were Other expense, net items totaling $168 million comprised of restructuring and impairment costs compared to $68 million in the second quarter of 2019.  Excluding Other expense, net from both periods, income from operations before income taxes decreased $1.3 billion in the second quarter of 2020 compared to the second quarter of 2019.Net (loss) income attributable to Magna International Inc. was $(647) million for the second quarter of 2020 compared to $452 million in the second quarter of 2019.  Included in net loss attributable to Magna International Inc. in the second quarter of 2020 were Other expense, net items totaling $136 million after tax compared to $57 million after tax in the second quarter of 2019.  Excluding Other expense, net from both periods, net  income attributable to Magna International Inc. decreased $1 billion in the second quarter of 2020 compared to the second quarter of 2019.Diluted (loss) earnings per share decreased to $(2.17) in the second quarter of 2020, compared to $1.42 in the comparable period.  Adjusted diluted (loss) earnings per share decreased to $(1.71) compared to $1.59 for the second quarter of 2019.In the second quarter of 2020, we used $1.2 billion in cash from operating activities, including $934 million for operating assets and liabilities.  Investment activities for the second quarter of 2020 included $169 million in fixed asset additions, $72 million in investments, other assets and intangible assets and $2 million in private equity investments.SIX MONTHS ENDED JUNE 30, 2020We posted sales of $12.95 billion for the six months ended June 30, 2020, a decrease of 37% from the six months ended June 30, 2019.  This is compared to global light vehicle production which decreased 33% in the first six months of 2020 compared to the first six months of 2019, reflecting declines of 40% and 39% in our most significant production markets of North America and Europe, respectively, and a decline of 23% in China. During the six months ended June 30, 2020, loss from operations before income taxes was $403 million, Net loss attributable to Magna International Inc. was $386 million and diluted loss per share was $1.29, down $2.4 billion, $1.9 billion and $6.12, respectively, each compared to the first six months of 2019.During the six months ended June 30, 2020, Adjusted EBIT decreased to $(197) million, and adjusted diluted (loss) earnings per share decreased to $(0.83).During the six months ended June 30, 2020, we generated cash from operations before changes in operating assets and liabilities of $317 million and invested $910 million in operating assets and liabilities. Investment activities for the first six months of 2020 included $372 million in fixed asset additions, $165 million in investments, other assets and intangible assets, and $102 million in private equity investments, primarily related to Waymo.RETURN OF CAPITAL TO SHAREHOLDERSDuring the three and six months ended June 30, 2020, we paid dividends of $116 million and $237 million, respectively.  In addition, we repurchased 4.8 million shares for cancellation for $192 million in the first quarter of 2020.Our Board of Directors declared a second quarter dividend of $0.40 per Common Share, payable on September 4, 2020 to shareholders of record as of the close of business on August 21, 2020.Vince Galifi, Magna’s Chief Financial Officer stated: “The second quarter of 2020 was among the most challenging that the auto industry has ever faced, resulting in our first normalized operating loss in over a decade.  Nevertheless, we took important steps operationally and financially in the quarter to further strengthen our business.  Our updated 2020 financial outlook reflects our expectations of a solid recovery in earnings and cash flow in the second half of this year.” SEGMENT SUMMARY($Millions unless otherwise noted)For the three months ended June 30, Sales Adjusted EBIT  20202019Change 20202019Change Body Exteriors & Structures$  1,623 $4,243 $(2,620) $  (315)$341$(656) Power & Vision   1,298  2,808  (1,510)    (226) 201 (427) Seating Systems   524  1,452  (928)    (84) 83 (167) Complete Vehicles   933  1,802  (869)    44  43 1  Corporate and Other   (85) (179) 94     (19) 9 (28) Total Reportable Segments$  4,293 $10,126 $(5,833) $  (600)$677$(1,277)  For the three months ended June 30,   Adjusted EBIT as a  percentage of sales      20202019Change Body Exteriors & Structures       (19.4)% 8.0% (27.4)% Power & Vision       (17.4)% 7.2% (24.6)% Seating Systems       (16.0)% 5.7% (21.7)% Complete Vehicles       4.7% 2.4% 2.3% Consolidated Average       (14.0)% 6.7% (20.7)%    ($Millions unless otherwise noted)For the six months ended June 30, Sales Adjusted EBIT  20202019Change 20202019Change Body Exteriors & Structures$  5,299 $8,551 $(3,252) $  (116)$704 $(820) Power & Vision   3,821  5,891  (2,070)    (91) 417  (508) Seating Systems   1,785  2,885  (1,100)    (44) 177  (221) Complete Vehicles   2,254  3,730  (1,476)    94  71  23  Corporate and Other   (209) (340) 131     (40) 28  (68) Total Reportable Segments$  12,950 $20,717 $(7,767) $  (197)$1,397 $(1,594)  For the six months ended June 30,   Adjusted EBIT as a  percentage of sales      20202019Change Body Exteriors & Structures      (2.2)%8.2%(10.4)% Power & Vision      (2.4)%7.1%(9.5)% Seating Systems      (2.5)%6.1%(8.6)% Complete Vehicles      4.2%1.9%2.3%          Consolidated Average      (1.5)%6.7%(8.
  • 08/07/2020

Magna International's Earnings Outlook

  • On Friday, August 07, Magna International (NYSE: MGA) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.Earnings and Revenue Sell-side analysts are expecting Magna International's loss per share to be near $1.64 on sales of $4.14 billion. Magna International reported a profit of $1.59 per share when it published results during the same quarter last year. Sales in that period totaled $10.13 billion. Analysts estimate would represent a 203.14% decrease in the company's earnings. Magna International's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019 EPS Estimate 0.81 1.33 1.34 1.54 EPS Actual 0.86 1.41 1.41 1.59 Revenue Estimate 8.50 B 9.17 B 9.32 B 9.95 B Revenue Actual 8.66 B 9.39 B 9.32 B 10.13 B Stock Performance Over the last 52-week period, shares are down 1.11%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.View more earnings on MGADon't be surprised to see the stock move on comments made during its conference call. Magna International is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/i7wdcq9nSee more from Benzinga * Earnings Preview for New Jersey Resources * Preview: Sabre's Earnings * A Preview Of Clear Channel Outdoor's Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 08/06/2020

Why Earnings Season Could Be Great for Magna (MGA)

  • Magna (MGA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
  • 08/06/2020

Magna (MGA) Expected to Beat Earnings Estimates: Should You Buy?

  • Magna (MGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 07/31/2020

Why Magna (MGA) Could Beat Earnings Estimates Again

  • Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
  • 07/28/2020

A Trio of Graham-Style Stocks for the Value Investor

  • Their Graham blended multipliers are below 22.5 Continue reading...
  • 07/24/2020

Miller/Howard Investments Q2 2020 Quarterly Report

  • Miller/Howard Investments is an employee-owned, research-driven firm managing portfolios for a range of investors, from high-net-worth individuals to large institutions.
  • 07/23/2020

Did Hedge Funds Make The Right Call On Magna International Inc. (MGA)?

  • The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
  • 07/17/2020

June Dividend Income Report - How To Protect Your Portfolio Against Bears

  • Focusing on the dividend triangle and picking companies with strong dividend growth profiles have increased my chances of beating the market.
  • 07/15/2020

Granite: This Industrial REIT Is Well-Positioned To Grow With A Strong Balance Sheet

  • Granite REIT delivered a solid Q1 2020 and has renewed most of its leases that will expire in 2020. The REIT has an excellent balance sheet that will allow it t
  • 07/02/2020

Magna International Investments S.A. -- Moody's announces completion of a periodic review of ratings of Magna International Inc.

  • Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Magna International Inc. Toronto, June 30, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Magna International Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
  • 06/30/2020

Second Quarter 2020 Results Conference Call

  • AURORA, Ontario, June 26, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) SECOND QUARTER 2020 RESULTS CONFERENCE CALLFRIDAY – AUGUST 7, 20208:00 AM ET   DIAL IN.
  • 06/26/2020

Magna Recognized by General Motors With Six 2019 Supplier of the Year Awards

  • GM awards top suppliers globally that have exceeded expectations, created outstanding value or introduced innovationsMagna received awards for its mirrors, truck frames,.
  • 06/25/2020

Gentex (GNTX) Should Be On Your Radar for Long-Term Profits

  • Gentex (GNTX) is poised for long-term growth on the back of superior product offerings, continuous innovation to maintain its market share and balance sheet strength.
  • 06/23/2020

Magna International Inc. (MGA): Hedge Funds Taking Some Chips Off The Table

  • The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
  • 06/16/2020

Granite REIT Holdings Limited Partnership -- Moody's announces completion of a periodic review of ratings of Granite Real Estate Investment Trust

  • Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Granite Real Estate Investment Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
  • 06/11/2020

Shares of several automaker & auto component companies are trading lower in sympathy with the overall market following an increase in coronavirus cases in some US states that have reopened, leading to concerns of a second wave of the virus.

  • 06/11/2020

Magna Announces Senior Notes Offering

  • AURORA, Ontario, June 08, 2020 -- Magna International Inc. (TSX:  MG; NYSE:  MGA) today announced that it has entered into an underwriting agreement providing for the issuance.
  • 06/08/2020

Magna International Inc. -- Moody's assigns A3 rating to Magna International's new notes

  • Moody's Investors Service, ("Moody's") assigned an A3 rating to Magna International Inc.'s ("Magna") new $500 million of senior unsecured notes due 2030. Magna's existing ratings are unchanged, including the A3 senior unsecured note rating, and the P-2 short-term rating.
  • 06/08/2020

Why Is Magna (MGA) Up 22.4% Since Last Earnings Report?

  • Magna (MGA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
  • 06/06/2020

Shares of several auto manufacturing & auto component companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy.

  • 06/05/2020

Magna International Investments S.A. -- Moody's confirms Magna's A3 ratings; outlook negative

  • Moody's Investors Service, ("Moody's") has confirmed Magna International Inc.'s ("Magna") A3 LT Issuer Rating, (P)A3 Senior Unsecured Shelf rating, and A3 Senior Unsecured Notes rating. At the same time the company's P-2 Commercial Paper rating has been affirmed.
  • 06/03/2020

STRT or MGA: Which Is the Better Value Stock Right Now?

  • STRT vs. MGA: Which Stock Is the Better Value Option?
  • 06/02/2020

Shares of several consumer discretionary companies are trading higher as equities gain amid continued optimism towards a rebound in economic activity, which could lead to a potential rebound in spending.

  • 06/01/2020

Daily Stock Pick: Magna International (MGA)

  • 05/29/2020

Shares of several consumer discretionary companies are trading higher amid economic optimism, stemming from some US states reopening businesses, an increase in mortgage demand figures and positive vaccine sentiment.

  • 05/27/2020

Shares of several consumer discretionary companies are trading higher as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses. A vaccine could mean a faster return to discretionary spending.

  • 05/26/2020

Cost-Cutting Actions Aid Magna (MGA) Amid Coronavirus Scare

  • Magna (MGA) is well poised to benefit from expanding its business through joint ventures and hub openings amid the coronavirus pandemic
  • 05/22/2020

Magna (MGA) Q1 Earnings and Sales Top Estimates, Down Y/Y

  • Amid coronavirus-led uncertainty and financial crisis, Magna International (MGA) halts the stock buyback program until further notice. It also refrains from providing annual view for 2020.
  • 05/15/2020

Lincluden Management Ltd Buys Magna International Inc, Canadian National Railway Co, Shaw ...

  • 05/14/2020

Gentex: A Robust Dividend Stock

  • Strong fundamentals and a currently depressed price are favorable signs for value investors Continue reading...
  • 05/13/2020

Why Trump Is Desperate To Secure This Rare Metal

  • There’s a new showdown quietly brewing between the world’s largest superpowers, and one critical metal will play a key role in how the face off turns out
  • 05/13/2020

Gentex: A Robust Dividend Stock

  • 05/13/2020

Value Partner Investments Inc. Buys Oracle Corp, Sun Life Financial Inc, FedEx Corp, Sells ...

  • 05/12/2020

Credit Suisse Maintains Outperform on Magna International, Raises Price Target to $54

  • 05/11/2020

Citigroup Maintains Buy on Magna International, Raises Price Target to $57

  • 05/08/2020

Magna International (MGA) Q1 2020 Earnings Call Transcript

  • MGA earnings call for the period ending March 31, 2020.
  • 05/08/2020

Alpine Investment Management, LLC Buys Chevron Corp, Affiliated Managers Group Inc, Whirlpool ...

  • 05/08/2020

Magna Announces 2020 Annual Meeting Results

  • AURORA, Ontario, May 07, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2020 annual meeting of shareholders held on May 7, 2020..
  • 05/07/2020

Magna International Earlier Reported Q1 EPS $0.860 Beats $0.810 Estimate, Sales $8.657B Beat $8.500B Estimate

  • 05/07/2020

Magna profit halves on COVID-19 hit

  • 05/07/2020

Magna profit halves on COVID-19 hit

  • 05/07/2020

Magna Announces First Quarter 2020 Financial Results

  • Sales of $8.7 billion decreased 18%, compared to global light vehicle production down 27%Estimated COVID-19 impacts of approximately $1.1 billion on sales, $250 million on.
  • 05/07/2020

Earnings Scheduled For May 7, 2020

  • 05/07/2020

Osborn Rohs Williams & Donohoe Ltd Buys Nestle SA, The Kroger Co, International Business ...

  • 05/04/2020

Auto suppliers warn Michigan on new delays in resuming production

  • WASHINGTON — Major U.S. auto suppliers told Michigan Governor Gretchen Whitmer they are ready to restart production and raised alarm about new delays to resuming operations.Due to the coronav…
  • 05/01/2020

Auto suppliers warn Michigan on new delays in resuming production

  • Major U.S. auto suppliers told Michigan Governor Gretchen Whitmer they are ready to restart production and raised alarm about new delays to resuming operations. Due to the coronavirus pandemic, most auto suppliers halted operations in late March as automakers closed their factories. Now uncertainty
  • 05/01/2020

Analysts Are Bullish on Top Conglomerates Stocks: Dana Holding (DAN), Honeywell International (HON)

  • There's a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Dana Holding (DAN) and Honeywell International (HON)
  • 05/01/2020

Analysts Offer Insights on Conglomerates Companies: Armstrong Ind (AWI), Reynolds Consumer Products (REYN) and Magna International (MGA)

  • Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Armstrong Ind (AWI), Reynolds Consumer Products (REYN)
  • 04/30/2020

Analysts Offer Insights on Conglomerates Companies: Armstrong Ind (NYSE: AWI), Reynolds Consumer Products (NASDAQ: REYN) and Magna International (NYSE: MGA)

  • Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Armstrong Ind (AWI
  • 04/30/2020

Analysts Have Conflicting Sentiments on These Technology Companies: Sensata (ST), Juniper Networks (JNPR) and nVent Electric (NVT)

  • Analysts have been eager to weigh in on the Technology sector with new ratings on Sensata (ST), Juniper Networks (JNPR) and nVent Electric (NVT). Sensata
  • 04/30/2020

Global Commercial Vehicle & Off-Highway Radar Industry (2020 to 2027) - 4D Imaging Radar Presents Lucrative Opportunities

  • Dublin, April 30, 2020 -- The "Commercial Vehicle & Off-Highway Radar Market by frequency (24-GHz & 77-81 GHz), component (LRR, S&MRR, Mono Camera, and Stereo.
  • 04/30/2020

Magna International (MGA) Scheduled to Post Earnings on Thursday

  • Magna International (NYSE:MGA) (TSE:MG) is set to release its earnings data before the market opens on Thursday, May 7th. Analysts expect Magna International to post earnings of $1.07 per share for the quarter. Magna International has set its FY 2020 Pre-Market guidance at EPS.Persons interested in registering for the company’s earnings conference call can do […]
  • 04/30/2020

Earnings Preview: Magna (MGA) Q1 Earnings Expected to Decline

  • 04/30/2020

The Critical Metal Trump Is Desperate To Secure

  • COVID-19 will lead to a recession worse than the Great Depression, warns the IMF, but one crucial commodity will thrive while everything else crumbles
  • 04/29/2020

Shares of several auto manufacturing & auto part companies are trading higher following positive data from a study of Gilead's Remdesivir, a potential coronavirus treatment candidate. A successful treatment could make a sooner return to economic activity.

  • 04/29/2020

Magna Wins 2020 PACE Award for Composite Space Frame Liftgate Reinforcement

  • Lightweight solution debuted on the 2020 Toyota SupraComposite reinforcement enables 10 percent mass reductionFirst application of composite space frame for automotive liftgate.
  • 04/28/2020

COPC Indirect Procurement Standard Steering Committee Met to Discuss Impacts of COVID-19 and Supply Chain Resiliency

  • The COPC Indirect Procurement (IP) Standard Steering Committee, the guiding body of the COPC Indirect Procurement Standard, met in virtual conference Tuesday, April 21 as a part of the working group’s ongoing calendar of activities.
  • 04/28/2020

Ford Motor (F) Gets a Hold Rating from Credit Suisse

  • In a report released today, Dan Levy from Credit Suisse maintained a Hold rating on Ford Motor (F), with a price target of $6.00. The company's shares
  • 04/28/2020

Ford Motor (F) Gets a Hold Rating from Credit Suisse

  • In a report released today, Dan Levy from Credit Suisse maintained a Hold rating on Ford Motor (F – Research
  • 04/28/2020

Analysts Offer Insights on Conglomerates Companies: Autoliv (ALV) and Cresco Labs (OtherCRLBF)

  • Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Autoliv (ALV) and Cresco Labs (CRLBF). Autoliv (ALV) Citigroup
  • 04/28/2020

Digital-ad downturn may complicate life for Google, Facebook

  • With consumers mostly at home and unemployment soaring, advertisers are slashing promotional spending — in some cases, all the way to zero.
  • 04/28/2020

Magna Wins —…—… PACE Award for Composite Space Frame Liftgate Reinforcement

  • 04/28/2020

Digital ad downturn may complicate things for tech giants

  • Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn.
  • 04/27/2020

Digital-ad downturn may complicate life for Google, Facebook

  • Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. That could complicate things for Google and Facebook, who for the first time may have to contend with revenues that are actually shrinking. With consumers mostly at home and unemployment soaring, advertisers are slashing promotional spending — in some cases, all the way to zero. For Google and Facebook, who together account for 70% of the U.S. market for digital ads, that so far has translated into tighter restraints on spending without the layoffs, pay cuts and furloughs that publishers and other industries have already imposed. Google CEO Sundar Pichai has already told employees the company will curtail its hiring for the rest of the year and is considering deep cuts in its own marketing budget through 2020, according to internal communications obtained by CNBC t hat Google confirmed. Facebook warned last month that its business was already being squeezed by the advertising downturn, although it didn't provide details. In countries hard-hit by the pandemic, it said messaging traffic was up 50% while voice and video calling had doubled, but added that it doesn't make money on many of those services and that ad business had “weakened” in those regions. So far, however, it's not clear how badly the tech giants might be hit. Some of the early clues are expected this week when Google’s corporate parent, Alphabet, and Facebook report their first-quarter financial results. But those results will only give a hint of the impact, given that the pandemic didn’t start to zap the global economy — and ad budgets — until late February. That’s one reason analysts polled by FactSet are still predicting a 13% increase in Alphabet’s revenue from the same time last year and a 16% revenue increase in...
  • 04/27/2020

Digital-ad downturn may complicate life for Google, Facebook

  • Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. That could complicate things for Google and Facebook, who for the first time may have to contend with revenues that are actually shrinking. With...
  • 04/27/2020

Digital-ad downturn may complicate life for Google, Facebook

  • Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. For Google and Facebook, who together account for 70% of the U.S. market for digital ads, that so far has translated into tighter restraints on spending without the layoffs, pay cuts and
  • 04/27/2020

Autoliv (ALV) Receives a Sell from Barclays

  • Barclays analyst Brian Johnson maintained a Sell rating on Autoliv (ALV) yesterday and set a price target of $40.00. The company's shares closed last
  • 04/27/2020

Autoliv (ALV) Receives a Sell from Barclays

  • Barclays analyst Brian Johnson maintained a Sell rating on Autoliv (ALV – Research Report) yesterday and set a price target
  • 04/27/2020

Credit Suisse Upgrades Magna International to Outperform, Lowers Price Target to $50

  • 04/27/2020

General Motors to make 1 million masks a month at Oshawa plant

  • Unifor expects the employees to start working on the masks within the next few weeks
  • 04/24/2020

How Does Magna International Inc. (TSE:MG) Fare As A Dividend Stock?

  • Is Magna International Inc. (TSE:MG) a good dividend stock? How can we tell? Dividend paying companies with growing...
  • 04/24/2020

QV Investors Inc. Buys Rogers Communications Inc, Sun Life Financial Inc, Brookfield Asset ...

  • 04/24/2020

Automotive Interior Market Size Hit US$ 423.64 Bn By 2027

  • LOS ANGELES, April 23, 2020 -- Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Automotive Interior Market.
  • 04/23/2020

Advanced Driver Assistance System (ADAS) Market Size to Reach USD 28.63 Billion by 2026 Owing to Growing Number of Accidents Related to Driver-Negligence: Fortune Business Insights™

  • Pune, April 21, 2020 -- The global advanced driver assistance system (ADAS) market size is projected to reach USD 28.63 billion by 2026 on account of the gradual shift towards.
  • 04/21/2020

Advanced Driver Assistance System (ADAS) Market Size to Reach USD 28.63 Billion by 2026 Owing to Growing Number of Accidents Related to Driver-Negligence: Fortune Business Insights™

  • Key companies covered are Continental AG, Harman International, Valeo SA, Renesas Electronics Corporation, DENSO Corporation, Aptiv PLC, Robert Bosch GmbH, Jayson Electronics, Aisin Seiki Co. Ltd, Gentex Corporation, AVL GmbH, Magna International Inc., Hyundai Mobis, NXP Semiconductor, Panasonic Corporation, Autoliv Inc., Mobileye N.V, and More players
  • 04/21/2020

6 Undervalued Cyclical Companies Growing Earnings

  • Booking Holdings tops the list Continue reading...
  • 04/20/2020

6 Undervalued Cyclical Companies Growing Earnings

  • 6 Undervalued Cyclical Companies Growing Earnings, Stocks: KMX,NVR,MGA,ORLY,ROST,BKNG, release date:Apr 20, 2020
  • 04/20/2020

6 Undervalued Cyclical Companies Growing Earnings

  • 04/20/2020

Why May 4 Could Be A Defining Day For The American Automobile Industry (But Also Maybe Not)

  • May the 4th be with the American auto industry, Nissan is hitting the brakes on restarting car production, Volvo is hitting the gas in Europe, and a Chinese market resurgence could provide some much-needed relief for VW. All that and more in The Morning Shift for April 17, 2020.
  • 04/17/2020

Visiongain Publishes Automotive Chassis Market 2020-2030 Report

  • Market and Volume Forecasts by Chassis Type (Backbone, Ladder, Monocoque, Modular and Others), by Material (Steel, Aluminum Alloy, Carbon Fiber Composites and Others), by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy commercial Vehicles) with Regional and National Market Analysis
  • 04/17/2020

If You Invested $1,000 in The Trade Desk IPO, Here's How Much You'd Have Today

  • Early investors in this tech stock would have seen a massive increase in wealth. Here's what makes TTD a winning bet in the long term.
  • 04/17/2020

Automotive Aftermarket Size to Reach USD 288.20 Billion by 2026; Steady Expansion of the Automotive Industry to Foster Sustained Growth, Says Fortune Business Insights™

  • Pune, April 17, 2020 -- The global automotive aftermarket size is set to touch USD 288.20 billion by 2026, exhibiting a CAGR of 3.7% during the forecast period. Growing focus.
  • 04/17/2020

Automotive Aftermarket Size to Reach USD 288.20 Billion by 2026; Steady Expansion of the Automotive Industry to Foster Sustained Growth, Says Fortune Business Insights™

  • Key Companies covered are 3M Company, Delphi Automotive PLC, Tenneco Inc., Valeo SA, Hyundai Mobis, ZF Friedrichshafen AG, Magna International Inc., Robert Bosch GmbH, Akebono Brake Corporation, Cooper Tire & Rubber Company, Faurecia, Lear Corporation, Aisin Seiki Co., Continental AG, Denso Corporation and more players.
  • 04/17/2020

Electric Vehicle Powertrain Market Size to Reach USD 64.87 Billion by 2026; Growing Environmental Concerns to Stimulate Growth, states Fortune Business Insights™

  • Pune, April 17, 2020 -- The global electric vehicle powertrain market size is predicted to reach USD 64.87 billion by 2026, exhibiting a CAGR of 28.5% during the forecast.
  • 04/17/2020

First Quarter 2020 Results Conference Call

  • AURORA, Ontario, April 16, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FIRST QUARTER 2020 RESULTS CONFERENCE CALLTHURSDAY – MAY 7, 20208:00 AM ET  DIAL IN NUMBERSNorth.
  • 04/16/2020

Auto Sector in Shambles Amid Coronavirus: No Relief in Sight

  • Factory closures, furloughs, pay cuts, and dividend and buyback suspension in the wake of coronavirus crisis have crippled the auto industry. Discouragingly, the situation is not likely to improve in the near future.
  • 04/16/2020

Convertible roof system market to garner considerable returns by 2026

  • Selbyville, Delaware, April 16, 2020 -- Convertible roof system market reached a valuation of USD 1.3 million in 2018 and is estimated to accrue substantial gains while growing.
  • 04/16/2020

March Dividend Income Report - Covid-19 Portfolio Construction Guide

  • I have a strong concentration in financial services, consumer cyclicals and tech stocks. If there is one sector I would put more money in right now, it would be
  • 04/16/2020

First Quarter —…—… Results Conference Call

  • 04/16/2020

China's Secret Weapon In The Looming Tech War

  • The technology war is heating up, and with the 5G revolution right around the corner, America needs to act fast if it wants to take on China
  • 04/15/2020

Auto supplier Magna preparing for North America return to work May 4: exec

  • Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recovers from the shutdown caused by the coronavirus pandemic, a top executive said on Wednesday. President Donald Trump has
  • 04/15/2020

Auto supplier Magna preparing for N. America return to work May 4 -exec

  • DETROIT — Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recover…
  • 04/15/2020

Auto supplier Magna preparing for N. America return to work May 4 -exec

  • Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recovers from the shutdown caused by the coronavirus pandemic, a top executive said on Wednesday.
  • 04/15/2020

Goldman Initiates Coverage On Auto Stocks, Says Industry 'Significantly Better Positioned' Than In 2008

  • Goldman Sachs took a deep dive into the U.S. auto industry, initiating coverage on 10 auto manufacturers and suppliers Tuesday. The Auto Analyst Mark Delaney issued the...
  • 04/15/2020

Automakers Will Need Months to Get Factories Back Up and Running

  • (Bloomberg) -- Automakers are anxious to get their assembly lines rolling again, especially since leaving factories idle is costing them billions of dollars by the week.But the experience many of them have had in China illustrates just how long a slog it’s going to be before plants are producing at anywhere
  • 04/15/2020

The commercial vehicle & off-highway radar market is projected to grow at a CAGR of 27.4% during the forecast period, from USD 153 million in 2020 to USD 831 million by 2027

  • Government law enforcement for safety features in vehicles to reduced accident rates will positively fuel the market for commercial vehicle & off-highway radar market.Read the full report: https://www.reportlinker.com/p05881824/?utm_source=PRN The commercial vehicle & off-highway radar market is projected
  • 04/14/2020

Automotive Drivetrain Market 2019-2023 | Surging Demand for Automobiles to Boost Growth | Technavio

  • The automotive drivetrain market size will grow by USD 45.36 billion during 2019-2023.
  • 04/14/2020

Automotive Glass Industry by Glass, Material & Vehicle Type; Technology; Application; End-user and Region - Forecast to 2025

  • The "Automotive Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • 04/14/2020

Magna, Lear started at Neutral at Goldman Sachs on cyclical downturn impact MGA;LEA

  • Magna, Lear started at Neutral at Goldman Sachs on cyclical downturn impact Goldman Sachs MGA LEA
  • 04/14/2020

Magna Announces Filing of Preliminary Shelf Prospectus and Registration Statement; Amends ...

  • 04/14/2020

Analysts Offer Insights on Conglomerates Companies: Magna International (MGA) and Deere (DE)

  • Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Magna International (MGA) and Deere (DE). Magna International (MGA)
  • 04/13/2020

KeyBanc Maintains Overweight on Magna International, Raises Price Target to $47

  • 04/13/2020

Truck Transmission System Market 2019-2023 | Use of Aluminum in Truck Transmission to Boost Growth | Technavio

  • The truck transmission system market size will grow by USD 16.37 billion during 2019-2023.
  • 04/09/2020

Automotive Glass Market to Rise at 6.9% CAGR till 2026; Increasing Stringency in Rules Governing Vehicle Safety to Foster Innovation: Fortune Business Insights™

  • Pune, April 07, 2020 -- The global automotive glass market size is projected to reach USD 27.75 billion by 2026, exhibiting a CAGR of 6.9% during the forecast period. Robust.
  • 04/07/2020

Automotive Glass Market to Rise at 6.9% CAGR till 2026; Increasing Stringency in Rules Governing Vehicle Safety to Foster Innovation: Fortune Business Insights™

  • Key companies covered are Saint Gobain, Magna International, AGC Co., Nippon Sheet Glass Co., Pilkington, Schott, Fuyao Group Automotive Glass Co., Xinyi Glass, Gentex Corporation, Gurdian Glass, and more players.
  • 04/07/2020

The Global Automotive Safety Market is expected to grow from USD 64,983.59 Million in 2018 to USD 123,982.47 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.66%

  • The Global Automotive Safety Market is expected to grow from USD 64,983.59 Million in 2018 to USD 123,982.47 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.66%. Read the full report: https://www.reportlinker.com/p05871800/?utm_source=PRN The positioning of the Global Automotive
  • 04/07/2020

Chrystia Freeland says Canada is pushing for an exemption on Donald Trump's order to withhold medical gear

  • The push comes as Ontario faces hurdles getting shipment from U.S. and Premier Doug Ford warns supplies could run out in a week.
  • 04/06/2020

$22.7 Bn Automotive Glass Market Outlook, 2025 - ResearchAndMarkets.com

  • The "Automotive Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • 04/06/2020

Magna International (NYSE:MGA) Given "Buy" Rating at Royal Bank of Canada

  • Royal Bank of Canada reaffirmed their buy rating on shares of Magna International (NYSE:MGA) (TSE:MG) in a research report released on Thursday, AnalystRatings.com reports. Royal Bank of Canada currently has a $57.00 target price on the stock. Several other research analysts have also weighed in on MGA. Raymond James lowered their target price on shares […]
  • 04/06/2020

Kiplinger's 'Most Reliable Dividend Stocks On Earth' For April

  • Kiplinger Investing offers insights for investors online. This World's Most Reliable list was compiled by Kiplinger in October 2018, data was updated 4/2/20. Th
  • 04/04/2020

Body in White Industry Analysis, 2018-2027: Lucrative Opportunities Emerge in Electric Vehicles

  • The "Body in White - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • 04/03/2020

Body in White Market Insights & Projections to 2027 - ResearchAndMarkets.com

  • The "Body in White - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • 04/03/2020

Magna International (NYSE:MGA) Stock Rating Upgraded by Morgan Stanley

  • Magna International (NYSE:MGA) (TSE:MG) was upgraded by research analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a report released on Monday, Marketbeat.com reports. Several other equities analysts have also recently weighed in on the company. Cfra lifted their price objective on Magna International from $52.00 to $55.00 and gave […]
  • 04/01/2020

Truck Mirror System Market 2019-2023 | Functionalities In Rear-view Mirrors to Boost Growth | Technavio

  • The truck mirror system market size will grow by USD 2.65 billion during 2019-2023.
  • 04/01/2020

Postponed Detroit Auto Show Now Canceled, With Future in Doubt

  • Detroit show goes from January 2019 to June 2020 (cancelled). New York is off until late August. Will people come back when the shows return?
  • 03/31/2020

Electric Traction Motor Market Worth $36.6 Billion by 2025 - Exclusive Report by MarketsandMarkets™

  • According to the new market research report "Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery), and Region – Global Forecast to 2025", published
  • 03/31/2020

Analysts Offer Insights on Consumer Goods Companies: RH (RH), Intel (INTC) and Aptiv (APTV)

  • Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on RH (RH), Intel (INTC) and Aptiv (APTV). RH (RH) In a report released
  • 03/31/2020

Analysts Offer Insights on Consumer Goods Companies: RH (NYSE: RH), Intel (NASDAQ: INTC) and Aptiv (NYSE: APTV)

  • Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on RH (RH – Research
  • 03/31/2020

Monmouth Real Estate Announces New Acquisition In The Columbus, OH MSA

  • Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the acquisition of a new 153,000 square foot industrial building located at 747 Mill Park Drive, Lancaster, OH at a purchase price of $17,874,148. The property is net-leased for 10 years to Magna Seating of America, Inc., a division
  • 03/30/2020

Auto Stock Roundup: Coronavirus-Related Updates Spell Shakeout for the Sector

  • Check out the actions taken by various carmakers in the wake of coronavirus crisis.
  • 03/30/2020

4 Advertising & Marketing Stocks to Gain Amid Coronavirus Scare

  • With strict lockdowns across the globe in the wake of coronavirus outbreak, people are spending more time indoor on various media platforms and streaming video services.
  • 03/30/2020

The Global Automotive 48v System Market is expected to grow by USD 21.38 mn units during 2020-2024, progressing at a CAGR of 77% during the forecast period

  • Global Automotive 48V System Market 2020-2024 The analyst has been monitoring the global automotive 48v system market and it is poised to grow by USD 21.38 mn units during 2020-2024, progressing at a CAGR of 77% during the forecast period. Our reports on global automotive 48v system market provides a
  • 03/30/2020

Smart Mirror Market Is Expected to Grow $4.11 Billion by 2025, at 11.5% CAGR: Allied Market Research

  • Portland,OR, March 30, 2020 -- According to the report published by Allied Market Research, the global smart mirror market was estimated at $1.92 billion in 2018 and is.
  • 03/30/2020

Global Automotive Hybrid Transmission System Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025

  • The Global Automotive Hybrid Transmission System Market is expected to grow from USD 11,236.12 Million in 2018 to USD 17,056.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.14%.
  • 03/30/2020

Lear Takes Action as Virus Scare Rises: What You Should Know

  • Lear (LEA) is suspending 2020 outlook, and halting dividend and stock buyback amid coronavirus-led uncertainty.
  • 03/27/2020

Lear Takes Action as Virus Scare Rises: What You Should Know

  • Lear (LEA) is suspending 2020 outlook, and halting dividend and stock buyback amid coronavirus-led uncertainty.
  • 03/27/2020

The Global Automotive Pump Market is expected to grow from USD 12,849.27 Million in 2018 to USD 20,434.59 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.85%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Pump Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/27/2020

Magna Internation Earlier Announces To Withdraw Its Guidance

  • 03/27/2020

Commercial Vehicle Fuel Tank Market 2019-2023 | Demand For M&HCVs to Boost Growth | Technavio

  • The commercial vehicle fuel tank market will register a CAGR of close to 6% by 2023.
  • 03/26/2020

The Global Automotive Gearbox Market is expected to grow from USD 92,125.12 Million in 2018 to USD 115,236.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 3.24%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Gearbox Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/26/2020

The Global Automotive Fuel Delivery System Market is expected to grow from USD 3,581.24 Million in 2018 to USD 5,423.23 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.10%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Fuel Delivery System Market - Premium Insight, Competitive News Feed.
  • 03/26/2020

The Global Automotive Drivetrain Market is expected to grow from USD 217,125.12 Million in 2018 to USD 345,236.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.84%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Drivetrain Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/26/2020

The Global Automotive Closure Market is expected to grow from USD 17,823.12 Million in 2018 to USD 30,231.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.84%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Closure Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/26/2020

The Global Automotive Chassis Market is expected to grow from USD 52,361.12 Million in 2018 to USD 70,125.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 4.26%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Chassis Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/26/2020

The Global Automotive Camera Market is expected to grow from USD 10,125.12 Million in 2018 to USD 17,523.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 8.15%

  • New York, March 26, 2020 -- Reportlinker.com announces the release of the report "Global Automotive Camera Market - Premium Insight, Competitive News Feed Analysis, Company.
  • 03/26/2020

The Global Car Sunroof Market is expected to grow from USD 1,623.23 Million in 2018 to USD 2,469.23 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.17%

  • New York, March 25, 2020 -- Reportlinker.com announces the release of the report "Global Car Sunroof Market - Premium Insight, Competitive News Feed Analysis, Company Usability.
  • 03/26/2020

MAGNA PROVIDES UPDATE ON CURRENT COVID-–9 ACTIONS AND WITHDRAWS OUTLOOK

  • 03/26/2020

Citigroup Maintains Buy on Magna International, Lowers Price Target to $52

  • 03/24/2020

Magna (MGA) Down 50.7% Since Last Earnings Report: Can It Rebound?

  • 03/22/2020

Klinik Health Ventures Corp. Announces Qualifying Transaction

  • The LOI outlines the principal terms and conditions which will result in a reverse takeover of Klinik by NeuPath (the "Transaction"). Klinik is a Capital Pool Company and intends for the Transaction to constitute its Qualifying Transaction, as such terms are defined in the policies of the
  • 03/20/2020

February Dividend Income Report - The Scary Narrative And What To Do

  • Any pandemic will have an important impact on the economy, and we are talking about several billions. This outbreak comes at a time where everybody expects a ma
  • 03/20/2020

Asia-Pacific EV Powertrain Market to 2027 - Regional Analysis and Forecasts by Product Type ; Application

  • EV powertrain market in Asia-Pacific is expected to grow from US$ 20. The EV manufacturers are challenged with bridging the gap between demand and supply of EV components such as batteries, battery management systems, and powertrains, among others. The steep demand curve for EVs among the customers
  • 03/19/2020

Europe EV Powertrain Market to 2027 - Regional Analysis and Forecasts by Product Type ; Application

  • EV powertrain market in Europe is expected to grow from US$ 5. The spurring electric mobility sector across the world is enabling manufacturers to invest in innovative models with advanced technologies, which facilitates them to introduce efficient vehicles. The modern-day powertrains are expensive
  • 03/19/2020

Here is What Hedge Funds Think About Healthpeak Properties, Inc. (PEAK)

  • Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
  • 03/19/2020

Hedge Funds Started Selling Credicorp Ltd. (BAP) Before Coronavirus

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/19/2020

Hedge Funds Are Warming Up To Equifax Inc. (EFX)

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/19/2020

Were Hedge Funds Right About Buying Check Point Software Technologies (CHKP)?

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/19/2020

Here is What Hedge Funds Think About Magna International Inc. (MGA)

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/19/2020

Moderate Earthquake Strikes Near Salt Lake City, Some Damage Reported

  • A 5.7 magnitude earthquake struck north of Salt Lake City, Utah, and it was felt by a number ...
  • 03/18/2020

Analysts Offer Insights on Conglomerates Companies: Enerpac Tool Group (EPAC), Amphenol (APH) and Magna International (MGA)

  • Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Enerpac Tool Group (EPAC), Amphenol (APH) and Magna
  • 03/18/2020

Visiongain Publishes Automotive Chassis Market 2020-2030 Report

  • Market and Volume Forecasts by Chassis Type (Backbone, Ladder, Monocoque, Modular and Others), by Material (Steel, Aluminum Alloy, Carbon Fiber Composites and Others), by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy commercial Vehicles) with Regional and National Market Analysis
  • 03/17/2020

A top ad agency is telling clients to stop avoiding coronavirus-related content as the practice caused ad prices to rise

  • Magna Global says that marketers are avoiding advertising near coronavirus-related content, which is hurting news publishers.
  • 03/16/2020

Automotive Convertible Roof System Market 2020-2024 | Demand for Convertible Feature in Modern Utility Vehicles to Boost Growth | Technavio

  • The global automotive convertible roof system market has the potential to grow by USD 571.55 million during 2020-2024
  • 03/16/2020

Automotive Electronics Market will be Worth $615.3 Billion by 2030 as a Result of Rising Demand for Vehicles: P&S Intelligence

  • NEW YORK, March 16, 2020 -- As per Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2018, 95.1 million commercial and passenger vehicles were sold, and.
  • 03/16/2020

Dividend Champion And Contender Highlights: Week Of March 15

  • A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which declared increased dividends. Companies with upcoming ex-dividend d
  • 03/14/2020

Automotive Camera Market Size Worth USD 8.5 Billion by 2026; Installation of Advanced Safety Features in Entry-level Vehicles to Aid Market Expansion: Fortune Business Insights™

  • Pune, March 13, 2020 -- Automotive Camera Market Overview: The global automotive cameras market size is expected to touch USD 8.5 billion in 2026, exhibiting a CAGR of 12.1%.
  • 03/13/2020

Stocks That Hit 52-Week Lows On Thursday

  • 03/12/2020

Advanced Driver Assistance Systems (ADAS) Market Size Worth Around US$ 140 Bn by 2026

  • LOS ANGELES, March 12, 2020 -- The global advanced driver assistance systems (ADAS) market is projected to grow significantly at a CAGR of around 21% in terms of revenue during.
  • 03/12/2020

Break From Instability: 'The Most Reliable Dividend Stocks On Earth' Per Kiplinger

  • Kiplinger Investing, offers insights for investors online. This World's Most Reliable list was compiled by Kiplinger in October, 2018, data was updated 3/9/20.
  • 03/11/2020

The Global Automotive Seats Market is expected to grow by USD 4.49 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period

  • Global Automotive Seats Market 2020-2024 The analyst has been monitoring the global automotive seats market and it is poised to grow by USD 4.49 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period. Our reports on global automotive seats market provides a holistic analysis, market
  • 03/10/2020

Adient: Coronavirus Or Not, More Pain Left For Investors

  • Adient struggles with declining car sales, pricing pressures and high debt on balance sheet. It has made some progress in selling non-core assets but the headwi
  • 03/10/2020

Waymo Unveils Its 5th Generation Autonomous Driving Technology

  • In its latest blog post, Waymo says it has cut the cost of its autonomous driving sensors by half while doubling how far they can see under all conditions.
  • 03/08/2020

Financial Services And Consumer Cyclicals Sectors Declared The Most Dividend Increases March 2

  • Barron's Weekly posts a list of stocks announcing dividend payment boosts on the very last page of its financial data section. Here is your dogcatcher 3/2/2020
  • 03/06/2020

Inside the next-gen tech on Waymo's self-driving Jaguar I-Pace

  • A little more than two and half years ago, Waymo engineers began working on a hardware sensor suite that would improve upon previous generations and have the capability to work on a variety of vehicles, from self-driving passenger cars to autonomous semi-trucks. The autonomous vehicle technology co…
  • 03/06/2020

Is Now the Time to Buy Magna Stock?

  • Is the automotive industry on the decline or on the rise? Read here to find out more about automotive companies, including Canada-based parts supplier Magna International Inc. (TSX:MG)(NYSE:MGA). The post Is Now the Time to Buy Magna Stock? appeared first on The Motley Fool Canada .
  • 03/05/2020

Tech Daily: Conferences Cancelled, AMD Is A Buy, Waymo Raises Cash, Apple Concessions, More

  • Panic selling after the Fed's rate cut resulted from increasing fears of a pandemic, but it's time for a little faith and necessary preparation.
  • 03/04/2020

Waymo’s fifth-generation Driver can peek around blind spots

  • Waymo is already using its next-gen Driver in its Jaguar I-PACE platform.
  • 03/04/2020

Waymo Leads the Self-Driving Race, But It Won’t Lift Google Stock

  • Waymo faces big decisions in the self-driving race. Although it has tech dominance, it won't be a big boost to Google stock.
  • 03/04/2020

Analysts Offer Insights on Consumer Goods Companies: Apple (AAPL), CAE (CAE) and Campbell Soup (CPB)

  • Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Apple (AAPL), CAE (CAE) and Campbell Soup (CPB). Apple (AAPL) In a
  • 03/04/2020

Coronavirus Rattles Auto Market: Should You Buy the Dip?

  • A prudent move would be to buy beaten-down stocks that are set to gain traction on the back of encouraging fundamentals and solid earnings prospects.
  • 03/04/2020

Way more on Waymo

  • Self-driving-car company Waymo closed a US$2.25-billion funding round on Monday, co-led by the Canada Pension Plan Investment Board (CPPIB). The investment, which comes with a board seat for CPPIB, marks the biggest known technology deal in which the
  • 03/03/2020

Auch Magna an Bord: Roboterauto-Firma sammelt Milliarden ein

  • 2,25 Milliarden US-Dollar eingesammelt: Der US-Roboterwagen-Spezialist Waymo will seine Wachstumspläne mit einer Finanzspritze in Milliardenhöhe befeuern. Unter den Geldgebern: Magna International.
  • 03/03/2020
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