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Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

67.00CAD
21 Jan 2019
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Tue, Jan 15 2019

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Magna International says 2019 revenue to be hurt by unit sale, strong dollar

Canadian auto parts maker Magna International Inc said on Tuesday its 2019 revenue will be impacted by the sale of its fluid pressure and controls business and stronger dollar.

UPDATE 1-Magna International says 2019 revenue to be hurt by unit sale, strong dollar

Jan 15 Canadian auto parts maker Magna International Inc said on Tuesday its 2019 revenue will be impacted by the sale of its fluid pressure and controls business and stronger dollar.

Magna International 2019 revenue to be hit by unit sale

Jan 15 Canadian auto parts maker Magna International Inc on Tuesday said its 2019 revenue will be hit by the sale of its Fluid Pressure and Controls business.

EU mergers and takeovers (Dec 17)

BRUSSELS, Dec 17 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

UPDATE 2-Car parts maker Magna tops profit estimates, lowers 2018 outlook

Nov 8 Canadian auto parts maker Magna International Inc topped estimates for quarterly profit on Thursday while trimming its 2018 total sales forecast on the back of a dip in its units that produce car frames and complete vehicles.

Canada's Magna International reports 8.2 pct rise in quarterly profit

Nov 8 Canadian auto-parts maker Magna International Inc on Thursday reported an 8.2 percent rise in quarterly profit, helped by higher sales in its complete vehicles segment.

EU mergers and takeovers (Oct 1)

BRUSSELS, Oct 1 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

CORRECTED-S.Korea's Hanon to buy Magna's Fluid Pressure & Controls Group for $1.23 bln

SEOUL, Sept 20 Hanon Systems, a South Korean auto parts maker, said on Thursday that it plans to buy Magna International's Fluid Pressure & Controls Group, which includes electronic pumps and cooling fans, for about $1.23 billion.

UPDATE 2-Auto parts maker Magna hit by trade dispute; cuts outlook

Aug 8 Canadian auto parts maker Magna International Inc on Wednesday lowered its full-year production outlook for North America, and revised downward its global sales, hurt in part by U.S. tariffs and other "headwinds" during the quarter, sending its stock down more than 8 percent in U.S. trading.

CORRECTED-UPDATE 1-Canada's Magna lowers production forecast on expected hit from tariffs

Aug 8 Canadian auto parts maker Magna International Inc lowered its full-year production forecast for North America, hurt in part by tariffs imposed by the Trump administration.

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