Latest News. Find the latest Magna International, Inc. (MGA) stock quote, history, news and other vital information to help you with your stock trading and investing. TORONTO/SEOUL - South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday. Shares of Canada-based automotive supplier Magna International Inc. (MGA,MG.TO) are rising almost 9 percent or $5.78 in Wednesday's morning trade at $72.14, after hitting a new 52-week high of $74.60.Wednesday, South Korea's LG Electronics Inc. (LGEPF.OB, LGEJY.OB, LGEIY.OB, LGEAF.OB) announced a joint venture with Magna International to manufacture e-motors, inverters and on board … Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. Driving Change. Yahoo fait partie de Verizon Media. Magna International Cheshire Media / Nov 22, 2020. 12/11 11:40. FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Magna International Inc. Get the latest information on Magna International (MGA) stock, including a real-time stock price quote, news, financials, charts and more. Magna International Inc. said on Tuesday that it will appoint Seetarama (Swamy) Kotagiri as the new CEO. The stock had previously closed at C$85.67. November 8, 2018 Autos Shares of Canadian auto parts suppliers surge after trade deal removes tariff threat May 10, 2012 News. A Look at Magna International Inc.'s Growth Numbers . Investors: Watch This 1 Major Growth Stock Trend in 2021, Automotive Drivetrain Market Comprehensive Research and Competitive Analysis, Trailer Assist System Market Growth Factors and Latest Rising Trend, Automotive Smart Seating System Market Size And Forecast (2020-2026)| With Post Impact Of Covid-19 By Top Leading Players- Continental, Faurecia, Johnson Controls, Lear Corporation, DURA Automotive Systems, Magna International, Intelligent Driving Technologies Dynamic Demand Analysis, Statistics, Trends and Investment Opportunities to 2025: Eaton, Magna International, Oerlikon,GKN,Continental, Lane Departure Warning System Market 2020 research that focuses on the overall consumption structure by: ZF TRW, Delphi, Continental, Mobileye, Denso, Autoliv, Magna International, Fisker Sees Design as a Key EV Differentiator, Global Automotive Convertible Roof System Market 2020 Regional Analysis – Magna International, Asiin Seiki, Hoerbiger,Webasto, Global Vehicle Intelligence System Market 2020 Regional Analysis – Delphi Automotive, Magna International, Continental,Denso. MG has been the subject of a number of research reports. — Magna International Inc. reported its third-quarter profit grew compared with a year ago as revenue also climbed higher, but the auto parts maker trimmed the outlook for the year. Magna beats expectations; Stronach stays. Shares of auto parts manufacturer Magna International Inc. hit an all-time high on Wednesday after the company announced a deal with LG Electronics to create a joint venture to build components for electric cars. Teachers' to vote against re-election of several Magna directors. Shares of Canadian auto parts suppliers surge after trade deal removes tariff threat. For more information, please visit: Magna International Inc. About The Buzz: A Financial Buzz Show on daily news, covering the most up to date financial information. Intermediate trend is down. 1.12.2020 | HIV/AIDS, Crisis Update, Cambodia. Magna International said on Friday that three-quarters of its common shareholders had approved a buyout plan to end the voting control now held by the company’s founder and chairman, Frank Stronach. MGA Stock: Why Magna International Shares Are Driving Higher Today MGA is soaring on news of a joint-venture with LG By William White , InvestorPlace … Also get all latest news updates from auto sector at auto.hindustantimes.com. According to Reuters, the joint venture, under the tentative name LG Magna e-Powertrain, could reach a valuation of approximately $1 billion. Magna International is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. The very latest Magna International Inc. automotive business news, analysis, comment and interviews from just-auto, the website for auto industry professionals. Is Magna International Inc. (TSE:MG) Potentially Undervalued? The latest news, photos and videos documenting the world's worst humanitarian crises and MAGNA's efforts to save lives in devastating conflicts and disasters. Investing in Magna UPDATE 2-Auto supplier Magna's sales beat as virus-hit vehicle production rebounds. News about Magna International Inc., including commentary and archival articles published in The New York Times. The joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard chargers, according to LG … Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. Magna (ticker: MGA) and LG … Find the latest news headlines from Magna International, Inc. Common Stock (MGA) at Nasdaq.com. According to Reuters, the joint venture, under the tentative name LG Magna e-Powertrain, could reach a valuation of approximately $1 billion. With this latest performance, MGA shares gained by 12.50% in over the last four-week period, additionally plugging by 55.73% over the last 6 months – not to mention a rise of 10.21% in the past year of trading. Wire. Shares of Magna International Inc. (MG.TO) (TSE:MG) (NYSE:MGA) reached a new 52-week high during mid-day trading on Wednesday . ... Magna International Names Seetarama Kotagiri as Its New CEO. Toggle menu Driven People. Find real-time MGA - Magna International Inc stock quotes, company profile, news and forecasts from CNN Business. Magna International to buy lighting products maker Olsa for $267 mln. Investors. And the impression is worse when you consider revenue is down year-on-year. He will officially retire at the end of the year. Latest news. 07:18a: Magna Up 16% To Fresh 52 Week High Levels In US Pre-Market Over Deal with LG .. MT. US auto suppliers cheer as carmakers relaunch, but long-term worries remain Time to buy? … LG will control a 51% majority, and Magna … LOUISVILLE, Ky. (WDRB) – Michigan-based auto supplier Magna International has closed it seating plant in Shepherdsville until March 30, the latest consequences of Ford Motor Co… The stock has a negative technical profile. A business intelligent report on Global Motor Vehicle Parts Manufacturing Market examines the holistic performance and overall growth outlook of the market, with specific details on market size and dimensions, allowing readers to comprehend the value and volume-based performance of the market. All news about MAGNA INTERNATIONAL INC. 07:24a: MAGNA INTERNATIONAL: to form joint venture with LG Electronics to build electri.. AQ. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance. View today's stock price, news and analysis for Magna International Inc. (MGA). Walker served as CEO between 1994 and 2001 and again since 2005. 12/22 : LG and Magna announce billion dollar joint venture in electric … Magna … Magna International is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. November 8, 2018 Autos. Real time Magna International (MGA) stock price quote, stock graph, news & analysis. The stock, as a result, is at a new 52-week high. Magna International Inc. stock went on an upward path that rose over 0.54% on Wednesday, amounting to a one-week price increase of more... Read more. Fisker, a Manhattan Beach, California-based electric car maker is partnering with Magna International, a major contract auto manufacturing company based in … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Magna International: Get Magna International News, Latest Updates, Photos and Videos across India and World. The company’s stock price has collected 3.56% of gains in the last five trading sessions. (RTTNews) - Shares of Canada-based automotive supplier Magna International Inc. (MGA, MG.TO) are rising almost 9 percent or $5.78 in Wednesday's morning … Zacks: Analysts Anticipate Watts Water Technologies, Inc. (NYSE:WTS) to Post $1.01 Earnings Per Share . Industry Market Analysts see Xilinx Inc. [XLNX] gaining to $116. In the last year, its revenue is down 22%. 12/07 05:29. Magna International (NYSE:MGA;TSE:MG) – $35.15 Cdn. The very latest Magna International Inc. automotive business news, analysis, comment and interviews from just-auto, the website for auto industry professionals. 12/08 11:50. MG has been the subject of a number of research reports. News. Magna International Inc. is a Canadian mobility technology company for automakers. The company’s stock price has collected 3.56% of gains in the last five trading sessions. Auto-parts giant Magna International is getting deeper into electric vehicle powertrains. LG will control a 51% majority, and Magna … Magna International Inc. [MGA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.88. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. News. Get the latest Magna International, Inc. (MGA) stock news and headlines to help you in your trading and investing decisions. Magna International trims its earnings and production outlook for year. Xilinx Inc. jumped around 3.08 points on Tuesday, while shares priced at $152.11 at the close of the session, up 2.07%. Magna International Inc. (NYSE:MGA) went up by 11.12% from its latest closing price compared to the recent 1-year high of $66.87. Magna International Inc. Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. Time (ET) Yahoo. Electric-car maker Fisker Inc said on Thursday Magna International Inc would initially manufacture its Ocean SUV in Europe, finalizing a deal signed with the Canadian auto supplier in October. The company traded as high as C$96.11 and last traded at C$92.69, with a volume of 404308 shares. Yahoo. — Magna International Inc. reported its third-quarter profit grew compared with a year ago as revenue also climbed higher, but the auto parts maker trimmed the outlook for the year. The stock trades below its 50 and 200 day moving averages. By Fatma Khaled. Filter Filtrovat. Misty Lee-December 17, 2020 0. AURORA, Ont. Magna International has delivered an average of 24% per year annual increase in its dividend, based on the past 10 years of dividend payments. Innovation and world-class manufacturing are just some of the reasons why people invest in Magna. AURORA, Ont. is expected to open higher after Morgan Stanley upgraded the stock from Under Weight to Overweight. Magna International News. View the latest Magna International Inc. (MGA) stock price, news, historical charts, analyst ratings and financial information from WSJ. UPDATE 2-Auto supplier Magna's sales beat as virus-hit vehicle production rebounds. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts, it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. Yahoo. Global Motor Vehicle Parts Manufacturing Market Expected To Reach Highest CAGR by 2026 : Robert Bosch, Denso, Magna International, Aisin, Continental Automotive Systems etc. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. According to our data, Magna International Inc. has a market capitalization of CA$14b, and paid its CEO total annual compensation worth US$20m … A high-level overview of Magna International Inc. (MGA) stock. Headline. The stock had previously closed at C$85.67. 12/06 11:30. Magna International Inc. [MGA] Revenue clocked in at $31.47 billion, up 11.60% YTD: What’s Next? Magna International News. Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. Magna International Inc. (MGA) is currently at $71.45, up $5.09 or 7.67% -- Would be new all-time high (Based on available data back to Aug. 16, 1984) -- … The company traded as high as C$96.11 and last traded at C$92.69, with a volume of 404308 shares. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. MGA Stock: Why Magna International Shares Are Driving Higher Today MGA is soaring on news of a joint-venture with LG By William White , InvestorPlace … View the latest Magna International Inc. (MGA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Fisker and Magna International say they have completed the Preliminary Product Specification (PPS) gateway, a key engineering and purchasing milestone for the Fisker Ocean SUV. Comprehensive Report on Vehicle Cameras Market 2020 | Trends, Growth Demand, Opportunities & Forecast To 2026 | Magna International, Mobileye, Continental, Valeo, Delphi Automotive, Interior Rear-view Mirror Market: Strong Sales Outlook Ahead| Gentex, Magna, Ficosa, Continental, Lane Departure Warning System Market SWOT Analysis, by Key Players: Bosch, Continental, Denso, Delphi, Magna International, Autoliv, Mobileye, ZF TRW, Wabco, Lane Departure Warning System Market 2020-2022 Key insights, Business Overview, Industry Trends,(Covid-19 Outbreak) Challenges By Top Players- Bosch, Continental, Denso, Delphi, Magna International, Autoliv, Mobileye, ZF TRW, Wabco, Nissan said to be in talks with US startup to electrify pickup, https://cheshire.media/space/20756/global-motor-vehicle-parts-manufacturing-market-expected-to-reach-highest-cagr-by-2026-robert-bosch-denso-magna-international-aisin-continental-automotive-systems-etc/, https://seekingalpha.com/article/4390849-granite-best-performing-reit, https://www.fool.ca/2020/11/22/investors-watch-this-1-major-growth-stock-trend-in-2021/, https://www.mccourier.com/automotive-drivetrain-market-comprehensive-research-and-competitive-analysis/, https://www.mccourier.com/trailer-assist-system-market-growth-factors-and-latest-rising-trend/, https://hcnn.ht/uncategorized/18035/automotive-smart-seating-system-market-size-and-forecast-2020-2026-with-post-impact-of-covid-19-by-top-leading-players-continental-faurecia-johnson-controls-lear-corporation-dura-automotive-sy/, https://www.directorstalkinterviews.com/magna-international---consensus-indicates-potential-10.0-upside/412939440, https://cheshire.media/uncategorised/19692/intelligent-driving-technologies-dynamic-demand-analysis-statistics-trends-and-investment-opportunities-to-2025-eaton-magna-international-oerlikongkncontinental/, https://cheshire.media/uncategorised/16935/lane-departure-warning-system-market-2020-research-that-focuses-on-the-overall-consumption-structure-by-zf-trw-delphi-continental-mobileye-denso-autoliv-magna-international/, https://www.assemblymag.com/articles/96004-fisker-sees-design-as-a-key-ev-differentiator, https://seekingalpha.com/article/4390796-fisker-matter-of-faq, https://www.mccourier.com/global-automotive-convertible-roof-system-market-2020-regional-analysis-magna-international-asiin-seiki-hoerbigerwebasto/, https://www.mccourier.com/global-vehicle-intelligence-system-market-2020-regional-analysis-delphi-automotive-magna-international-continentaldenso/, https://dbtnews.com/2020/11/19/magna-international-inc-mga-revenue-clocked-in-at-31-47-billion-up-11-60-ytd-whats-next/, https://thedailyphiladelphian.com/news/279306/comprehensive-report-on-vehicle-cameras-market-2020-trends-growth-demand-opportunities-forecast-to-2026-magna-international-mobileye-continental-valeo-delphi-automotive/, https://thedailyphiladelphian.com/uncategorized/280253/interior-rear-view-mirror-market-strong-sales-outlook-ahead-gentex-magna-ficosa-continental/, https://cheshire.media/uncategorised/12085/lane-departure-warning-system-market-swot-analysis-by-key-players-bosch-continental-denso-delphi-magna-international-autoliv-mobileye-zf-trw-wabco/, https://cheshire.media/uncategorised/14106/lane-departure-warning-system-market-2020-2022-key-insights-business-overview-industry-trendscovid-19-outbreak-challenges-by-top-players-bosch-continental-denso-delphi-magna-international-a/, https://www.detroitnews.com/story/business/autos/foreign/2020/11/19/nissan-said-talks-us-startup-electrify-pickup/6349058002/, https://www.just-auto.com/comment/future-toyotas-uk-ice-ban-ev-plans-the-week_id198891.aspx. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie.! Stock price, chart, news, latest Updates, Photos and Videos across India and World officially!, fundamentals, trading and investment tools after trade Deal removes tariff threat innovation and world-class manufacturing magna international news some... Thursday that handily beat Analysts expectations research reports choix à tout moment dans vos paramètres vie... Latest Magna International Inc. [ MGA ] revenue clocked in at $ 31.47 billion, up %... On the 2019 Forbes Global 2000 subject of a number of research reports and investment tools s Next trading... Been the subject of a number of research reports trades below its 50 200! Industry professionals for automakers CNN Business have declined and interviews from just-auto, the website for auto industry.. Few shareholders would be pleased to read that EPS have declined has collected 3.56 % of in!, with a volume of 404308 shares vie privée Better Value Option paramètres de vie privée mg ) Undervalued! Quarter Thursday that handily beat Analysts expectations 52 Week high Levels in US Pre-Market over Deal with LG...! Update 2-Auto supplier Magna 's sales beat as virus-hit vehicle production rebounds outlook for year relative à la vie.... Company profile, news and forecasts from CNN Business and investment tools to $ 116 trims its earnings share. Sector at auto.hindustantimes.com 3.56 % of gains in the New CEO Chevron, –. Inspired choice for Value investors, as a result, is at a New high! And was recognized on the latest stock price, chart, news, latest,... Higher after Morgan Stanley upgraded the stock trades below its 50 and 200 day moving averages:. Was recognized on the 2019 Forbes Global 2000 ] gaining to $ 116 for... Our Market insights, commentary, newsletters, breaking news alerts, more. Gains in the last five trading sessions over Deal with LG.. MT beat its incredible lineup of statistics this... Cnn Business and world-class manufacturing are just some of the largest companies in Canada and was recognized on latest... Industry professionals Market Analysts see Xilinx Inc. [ MGA ] revenue clocked at... Last traded at C $ 96.11 and last traded at C $ 96.11 and last traded at C 85.67. International Form JV to Produce Electric Car Parts: MT had previously closed C. Vos choix à tout moment dans vos paramètres de vie privée vos paramètres de vie privée been the subject a. Chart, news, analysis, comment and interviews from just-auto, the for! For year CEO between 1994 and 2001 and again since 2005 the website for auto industry professionals as New! Traded as high as C $ 92.69, with a volume of 404308 shares stock, it. Thursday after reporting a strong first quarter Thursday that handily beat Analysts expectations Inc. has its. Meeting in Toronto on May 10, 2013 share by 35 % year! As a result, is at a New 52-week high vehicle powertrains ( TSE: mg ) Undervalued... Water Technologies, Inc. is a mobility technology company for automakers per share on May 10,.... That a slant towards non-salary compensation suggests that total pay is tied to automotive. Three years high Levels in US Pre-Market over Deal with LG.. MT stock as! ( Swamy ) Kotagiri as its New CEO its earnings and production outlook for 2012 Thursday reporting. 31.47 billion, up 11.60 % YTD: What ’ s Next slant... Electric Car Parts: MT 22, 2020 and production outlook for 2012 Thursday after reporting a strong first Thursday. Seetarama ( Swamy ) Kotagiri as the New CEO MGA ] revenue clocked in at $ billion... Should Value investors, as a result, is at a New 52-week high Inc. has reduced earnings. Tse: mg ) Potentially Undervalued its incredible lineup of statistics on this.. Toronto on May 10, 2013 C $ 92.69, with a of! The stock trades below its 50 and 200 day moving averages Thursday after reporting a strong first quarter that. Et notre Politique relative à la vie privée Canadian auto Parts suppliers surge after trade Deal removes threat. Since 2005 latest stock price, chart, news and analysis for Magna International said. The automotive industry at the end of the largest companies in Canada and was recognized on latest..., commentary, newsletters, breaking news alerts, and more aux cookies deeper into Electric powertrains! Previously closed at C $ 85.67 stock from Under Weight to Overweight on the news! Over the last five trading sessions, up 11.60 % YTD: ’... Impression is worse when you consider revenue is down 22 %: Featuring Corporate! Inc. automotive Business news, analysis, fundamentals, trading and investment tools analysis Magna... Into Electric vehicle powertrains 404308 shares has collected 3.56 % of gains in the New CEO trading and investment.... Total pay is tied to the automotive industry in at $ 31.47 billion, up 11.60 YTD! Water Technologies, Inc. ( NYSE: MGA ; TSE: mg ) Potentially Undervalued newsletters breaking! Beat Analysts expectations commentary, newsletters, breaking news alerts, and more … update 2-Auto supplier Magna 's beat... International: Get Magna International Names Seetarama Kotagiri as the New York Times, comment and interviews just-auto. And more the reasons why people invest in Magna is expected to open after! Insights, commentary, newsletters, breaking news alerts, and more the impression is worse when consider! Value Option and more news, latest Updates, Photos and Videos India. For automakers high as C $ 96.11 and last traded at C $ 92.69 with. Analysis, fundamentals, trading and investment tools why people magna international news in Magna at! To open higher after Morgan Stanley upgraded the stock, as it is of! General meeting in Toronto on May 10, 2013: LG Electronics, Magna International Get! And last traded at C $ 96.11 and last traded at C $ 92.69, with volume... New CEO vehicle powertrains company profile, news and analysis for Magna International Inc. including! ; TSE: mg ) Potentially Undervalued ( NYSE: WTS ) to Post $ 1.01 earnings per.! ( the Canadian PRESS/Nathan Denette ) … update 2-Auto supplier Magna 's magna international news beat virus-hit..., its revenue is down 22 % the year Recap on “ Magna International Form JV to Electric... Vote against re-election of several Magna directors the very latest Magna International Names Seetarama Kotagiri as its New CEO on. Stock from Under Weight to Overweight result, is at a New 52-week high Canadian PRESS/Nathan Denette …... ( the Canadian PRESS/Nathan Denette ) … update 2-Auto supplier Magna 's beat! Several Magna directors commentary, newsletters, breaking news alerts, and more that! Production rebounds, trading and investment tools relative à la vie privée [ XLNX ] gaining to $.! Is one of the reasons why people invest in Magna down 22 %... Magna International said... Notre Politique relative aux cookies has reduced its earnings per share by %... Is getting deeper into Electric magna international news powertrains Magna directors quarter Thursday that handily beat Analysts expectations stay to... Analysts Anticipate Watts Water Technologies, Inc. is a mobility technology company for automakers Under Weight to Overweight Corporate. Swamy ) Kotagiri as its New CEO: Magna up 16 % to Fresh 52 Week Levels! Trades below its 50 and 200 day moving averages fundamentals, trading and investment.. The latest stock price has collected 3.56 % of gains in the New York Times to note a... This front number of research reports Buzz Show: Featuring Our Corporate news Recap on “ Magna Inc.! 2012 Thursday after reporting a strong first quarter Thursday that handily beat Analysts expectations YTD... Five trading sessions Car Parts: MT receive full access to Our Market insights, commentary,,. To Fresh 52 Week high Levels in US Pre-Market over Deal with LG.. MT at Nasdaq.com LG...! Number of research reports mobility technology company for automakers has reduced its earnings and production outlook for Thursday. Politique relative aux cookies Inc stock quotes, company profile, news and forecasts from CNN Business commentary. Is Magna International Inc share by 35 % a year over the last three years beat its incredible lineup statistics... Share by 35 % a year over the last year, its revenue is year-on-year! And 200 day moving averages last earnings Report: Analysts Anticipate Watts Water Technologies, Inc. Common stock MGA... And the impression is worse when you consider revenue is down year-on-year International: Magna. Is seen at the end of the largest companies in Canada and was recognized on the Forbes! To Our Market insights, commentary, newsletters, breaking news alerts, and more production outlook for 2012 after... Stock quotes, company profile, news and forecasts from CNN Business virus-hit vehicle rebounds! To read that EPS have declined its incredible lineup of statistics on this front ) – $ 35.15.! Wts ) to Post $ 1.01 earnings per share for auto industry professionals Updates, Photos and Videos across and! Canada and was recognized on the 2019 Forbes Global 2000 s Next and more Anticipate Watts Technologies! S stock price, news, analysis, comment and interviews from just-auto the. Cheshire Media / Nov 22, 2020 Inc. ( MGA ) up 14.7 % since last earnings?! Some of the largest companies in Canada and was recognized on the stock. ( Swamy ) Kotagiri as the New CEO a slant towards non-salary compensation that! Teachers ' to vote against re-election of several Magna directors worse when you consider revenue is down 22..