News: Magna International Inc (MGA.N)

MGA.N on New York Stock Exchange

110.84USD
25 Jul 2014
Price Change (% chg)

$0.18 (+0.16%)
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$110.66
Open
$110.51
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$111.32
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$110.51
Volume
68,175
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88,001
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$112.12
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$75.08

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Thu, May 8 2014

Northern America, Europe demand boosts auto parts maker Magna's profit

- Canadian auto parts maker Magna International said quarterly net profit rose nearly 7 percent as demand improved in North America and Europe, and the company raised its production sales forecast for the regions.

UPDATE 1-N. America, Europe demand boosts auto parts maker Magna's profit

May 8 - Canadian auto parts maker Magna International said quarterly net profit rose nearly 7 percent as demand improved in North America and Europe, and the company raised its production sales forecast for the regions.

Auto parts maker Magna's profit rises on N.America, Europe demand

May 8 - Canada's Magna International, one of the world's largest auto parts makers, reported a nearly 7 percent rise in quarterly net profit, helped by higher demand in North America and Europe.

Martinrea dissidents propose asset sales, cost cutting, new CEO

TORONTO, April 28 - The fight for control of auto parts maker Martinrea International Inc gathered speed on Monday, as a dissident slate of directors pitched a plan including asset sales and cost cutting along with picking a former Magna International Inc executive as the new chief executive.

Magna vows to stop founder Stronach's compensation at end of 2014

TORONTO - Magna International Inc , one of the world's biggest auto parts makers, paid $52 million in consulting fees to billionaire founder Frank Stronach in 2013, but the company is stressing that his compensation will stop at the end of this year.

Magna vows to stop founder Stronach's compensation at end of 2014

TORONTO, April 7 - Magna International Inc , one of the world's biggest auto parts makers, paid $52 million in consulting fees to billionaire founder Frank Stronach in 2013, but the company is stressing that his compensation will stop at the end of this year.

Magna to make new electronics systems at expanded Ontario plant

TORONTO - Magna International Inc , one of the world's largest auto parts makers, said on Monday it has spent C$1.5 million ($1.37 million) to expand a Toronto area plant to allow it to produce new electronic systems and modules later this year.

Magna to make new electronics systems at expanded Ontario plant

TORONTO, April 7 - Magna International Inc , one of the world's largest auto parts makers, said on Monday it has spent C$1.5 million ($1.37 million) to expand a Toronto area plant to allow it to produce new electronic systems and modules later this year.

CANADA STOCKS-TSX steady as commodities gain with Ukraine tensions

* TSX up 3.15 points, or 0.02 percent, at 14,212.74 * Six of 10 main index sectors decline * Osisko jumps after miner agrees to settle lawsuit with Goldcorp * Magna gains after quarterly report By John Tilak and Leah Schnurr TORONTO, March 3 - Canada's main stock index was little changed in choppy trade on Monday as worries about increasing instability in Ukraine were overcome by shares of natural resource producers benefiting from stronger commodity prices. Uk

Magna profit jumps as vehicle output picks up; div boosted

Toronto - Magna International Inc , one of the world's largest auto parts suppliers, said on Monday that quarterly profit jumped 31 percent, driven by a pickup in North America and Europe, and hiked its dividend.

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