Downgrade Alert for Magna International (MGA)
Comtex SmarTrend(R) - Wed Jun 29, 3:49AM CDT
Magna International (NYSE:MGA) was downgraded from Outperform to Market Perform at BMO Capital today. The stock closed yesterday at $33.78 on volume of 4.4 million shares, above average daily volume of 1.5 million. In the past 52 weeks, shares of Magna International have traded between a low of $30.41 and a high of $59.42 and closed yesterday at $33.78, which is 11% above that low price. The 200-day and 50-day moving averages have moved 0.6% lower and 1.17% higher over the past week, respectively.
MGA: 37.01 (+0.49)
Magna celebrates five million transfer cases for BMW Group
PR Newswire - Thu Jun 23, 8:00AM CDT
Magna International Inc. announces a significant milestone today: five million Actimax(TM) transfer cases produced for BMW Group. Magna has been providing the German automaker with drive systems since 2003, including the Actimax transfer case, which powers the dynamic, fuel-saving all-wheel-drive in nearly all BMW xDrive models and is manufactured in Ilz and Lannach, Austria, and Ramos Arizpe, Mexico.
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Receives Ford World Excellence Award
PR Newswire - Tue Jun 14, 10:23AM CDT
Trailer back-up assist technology featured on Ford F-150
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
TEN: 49.79 (unch), TSLA: 222.53 (-2.12), MGA: 37.01 (+0.49), MTOR: 7.74 (-0.18)
Magna International Falls 1.46% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jun 01, 3:34PM CDT
Magna International (NYSE:MGA) traded in a range yesterday that spanned from a low of $39.47 to a high of $40.61. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $39.79 on volume of 672,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MGA: 37.01 (+0.49)
After Yesterday's Rally of 1.29% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri May 27, 2:52PM CDT
Magna International (NYSE:MGA) traded in a range yesterday that spanned from a low of $40.04 to a high of $40.75. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $40.65 on volume of 330,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MGA: 37.01 (+0.49)
Magna Announces New Aluminum casting facility in the UK
CNW Group - Wed May 25, 3:00AM CDT
Production supporting JLR expected to start in 2018
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Celebrates Grand Opening of Exteriors Facility in Mexico
CNW Group - Wed May 18, 1:29PM CDT
State-of-the-art molding, painting and assembly operation
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Wins 2016 JEC Americas Innovation Award
PR Newswire - Mon May 16, 2:09PM CDT
Carbon-fiber hoods help meet fuel economy and emissions standards
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Innovation Helps Shape Form and Function of Award-Winning 2017 Chrysler Pacifica Interior
PR Newswire - Tue May 10, 3:22PM CDT
At tomorrow's WardsAuto Interiors Conference, representatives from Magna International Inc. will discuss how the company's partnership with FCA US LLC has resulted in a new Stow 'n Go Seating and Storage System that helps enhance the passenger convenience in the all-new 2017 Chrysler Pacifica.
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna International (MGA) Beats Q1 Earnings, Raises View
Zacks Equity Research - Zacks Investment Research - Mon May 09, 8:09AM CDT
Magna International Inc. (MGA) reported earnings per share of $1.22 for the first quarter of 2016 that surpassed the Zacks Consensus Estimate of $1.19.
MGA: 37.01 (+0.49), SUP: 27.81 (-1.80), OSK: 48.51 (-0.73), LEA: 110.16 (+1.45)
Magna Announces 2016 Annual and Special Meeting Results
PR Newswire Europe - Thu May 05, 4:39PM CDT
AURORA, Ontario, May 5, 2016 /PRNewswire/ --
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna announces 2016 annual and special meeting results
CNW Group - Thu May 05, 4:07PM CDT
Magna International Inc. (TSX: MG, NYSE: MGA) announced voting results from its 2016 annual and special meeting of shareholders held today. A total of 292,439,538 Common Shares or 73.37% of our issued and outstanding Common Shares, were voted in connection with the meeting. Shareholders voted by a show of hands in favour of each item of business. Based on proxies received prior to the meeting and votes cast in person at the meeting, each director nominee was elected by a substantial majority as follows:
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Announces First Quarter Results
PR Newswire Europe - Thu May 05, 8:21AM CDT
AURORA, Ontario, May 5, 2016 /PRNewswire/ --
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)
Magna Joint Venture Begins Production of Dual-clutch Transmissions in Wuhan, China
CNW Group - Wed Apr 27, 9:08AM CDT
Magna International Inc. announces today that Dongfeng GETRAG Transmission Co., Ltd., a 50/50 joint-venture formed in 2012 between GETRAG and Dongfeng Motor Group, has started serial production at its plant in Wuhan, China. The plant is manufacturing the GETRAG 6DCT150, a third-generation dual-clutch transmission (DCT) with a new compact gear design that was developed jointly by the JV partners.
MG.TO: 48.05 (+0.44), MGA: 37.01 (+0.49)