News: Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

134.72CAD
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$-1.84 (-1.35%)
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$136.56
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$135.85
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$136.23
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$139.41
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Wed, Feb 25 2015

UPDATE 2-Magna ups dividend, sets stock split as profit jumps

Feb 25 - Auto parts maker Magna International Inc reported stronger than expected quarterly earnings on Wednesday while announcing a higher dividend and a stock split, sparking a rally in its shares.

Canadian auto parts maker Magna's profit rises 11 pct

Feb 25 - Canadian auto parts maker Magna International Inc reported a 11 percent rise in quarterly profit, helped by strong demand in North America.

S.Korea's Samsung SDI to buy Magna's car battery pack business

SEOUL, Feb 23 - South Korea's Samsung SDI Co said on Monday that it has agreed to buy the battery pack business of Canadian car parts maker Magna International , marking a further push by the Samsung Electronics affiliate into a key automotive parts business.

Auto parts maker Magna's forecasts disappoint, shares drop

- Canadian auto parts maker Magna International Inc forecast a surprise fall in fiscal 2015 revenue on Wednesday, due to lagging sales at its production and contract manufacturing businesses, sending its shares lower.

UPDATE 1-Auto parts maker Magna forecast surprise fall in 2015 revenue

Jan 14 - Canada's Magna International Inc , one of the world's largest auto parts suppliers, forecast a surprise fall in fiscal 2015 revenue, hurt by falling sales in its production and contract manufacturing businesses.

Auto parts maker Magna's 2015 revenue forecast misses estimates

Jan 14 - Canada's Magna International Inc , an auto parts maker and contract vehicle manufacturer, forecast lower-than-estimated revenue for fiscal 2015.

CANADA STOCKS-TSX jumps as energy shares, Magna gain

* TSX up 182.90 points, or 1.27 percent, at 14,573.33 * Nine of 10 main index sectors advance * Magna, Tim Hortons gain after results By John Tilak TORONTO, Nov 5 - Canada's main stock index climbed on Wednesday as gains in the energy sector helped overcome a selloff in gold-mining shares, which were hurt by a tumbling bullion price. Investors cheered news of Republicans winning control of the U.S. Senate and processed data showing U.S. private jobs growth topped m

CANADA STOCKS-TSX rises as energy, Magna shares offset gold-mining selloff

TORONTO, Nov 5 - Canada's main stock index opened higher on Wednesday as gains in the energy sector and in Magna International Inc helped offset a selloff in gold-mining shares, which were hurt by a tumbling bullion price. The Toronto Stock Exchange's S&P/TSX composite index was up 66.59 points, or 0.46 percent, at 14,457.02 shortly after the open. (Editing by W Simon)

UPDATE 2-Magna profit beats estimates on strong North American sales

Nov 5 - Canadian auto parts maker and contract vehicle manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings that beat analyst expectations Wednesday, boosted by strong demand in North America.

Auto parts maker Magna's profit boosted by North American sales

Nov 5 - Canadian auto parts maker and contract manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings, boosted by strong demand in North America.

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