46.58 0.00 (0.00%)
After hours: 4:22PM EDT
|Bid||37.68 x 800|
|Ask||46.92 x 1100|
|Day's range||45.53 - 46.61|
|52-week range||22.75 - 57.09|
|Beta (5Y monthly)||1.62|
|PE ratio (TTM)||15.70|
|Forward dividend & yield||1.60 (3.50%)|
|Ex-dividend date||21 May 2020|
|1y target est||54.72|
AURORA, Ontario, June 26, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) SECOND QUARTER 2020 RESULTS CONFERENCE CALLFRIDAY – AUGUST 7, 20208:00 AM ET DIAL IN.
GM awards top suppliers globally that have exceeded expectations, created outstanding value or introduced innovationsMagna received awards for its mirrors, truck frames,.
Gentex (GNTX) is poised for long-term growth on the back of superior product offerings, continuous innovation to maintain its market share and balance sheet strength.
AURORA, Ontario, June 08, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement providing for the issuance.
Amid coronavirus-led uncertainty and financial crisis, Magna International (MGA) halts the stock buyback program until further notice. It also refrains from providing annual view for 2020.
There’s a new showdown quietly brewing between the world’s largest superpowers, and one critical metal will play a key role in how the face off turns out
AURORA, Ontario, May 07, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2020 annual meeting of shareholders held on May 7, 2020..
Sales of $8.7 billion decreased 18%, compared to global light vehicle production down 27%Estimated COVID-19 impacts of approximately $1.1 billion on sales, $250 million on.
Lightweight solution debuted on the 2020 Toyota SupraComposite reinforcement enables 10 percent mass reductionFirst application of composite space frame for automotive liftgate.
Is Magna International Inc. (TSE:MG) a good dividend stock? How can we tell? Dividend paying companies with growing...
AURORA, Ontario, April 16, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FIRST QUARTER 2020 RESULTS CONFERENCE CALLTHURSDAY – MAY 7, 20208:00 AM ET DIAL IN NUMBERSNorth.
Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it filed a preliminary short form base shelf prospectus (“shelf prospectus”) with the Ontario Securities Commission (the "OSC") and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the "SEC") on Form F-10. Once the final short form base shelf prospectus is receipted by the OSC and the shelf registration statement becomes effective, these filings will, subject to securities regulatory requirements, qualify for issuance up to an aggregate of US$2.0 billion of debt securities from time to time over a 25-month period.
AURORA, Ontario, March 27, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Management’s Discussion and Analysis and.
AURORA, Ontario, March 26, 2020 -- Magna International Inc. (TSX: MG; NYSE: MGA) today provided an update on a number of actions related to the COVID-19 pandemic. Magna has.
(Bloomberg) -- Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.Silver Lake Management LLC, a private equity firm, led the round, which also includes auto manufacturer Magna International Inc., car seller AutoNation Inc., Abu Dhabi’s Mubadala Investment Co. and the Canada Pension Plan Investment Board. “We’ve always approached our mission as a team sport,” John Krafcik, Waymo’s chief executive officer, wrote in a blog post Monday. The $2.25 billion number is an “initial” close, he also noted, suggesting the deal may grow. Financing rounds from Alphabet and outsiders will be a “pattern” going forward, Krafcik, a former Detroit executive who joined Waymo in 2015, said during a call with reporters.The deal helps Google parent Alphabet spread the cost of funding Waymo as the unit pushes ahead to commercialize its autonomous driving technology. Krafcik also suggested the parent company could eventually spin Waymo off into an independent business.“It’s always been on the road map for Alphabet as a possibility for some of these ‘Other Bets’ like Waymo to become completely independent, spun-out entities, so it’s certainly a possibility in the future for us,” the CEO said.Alphabet’s “Other Bets” division, which includes Waymo, has absorbed billions of dollars in losses in recent years. Other businesses that are part of this division have taken outside funding, too. Early last year, Verily, the company’s biotech arm, raised money from Silver Lake and other backers.Waymo is also setting up an operating board, its first outside oversight to date. Silver Lake co-CEO Egon Durban and Ryan Selwood from the Canada Pension plan will join the board.Krafcik said Waymo wants to expand its driverless fleet to new locations, mentioning the Middle East as one possibility, but he declined to share details. He also didn’t disclose Waymo’s new valuation from Monday’s deal.“We certainly do see this as validation of the work we’ve been doing at Waymo and the potential before us,” Krafcik added.The company is also merging its local delivery and long-haul trucking operations into a single business line called Waymo Via. Waymo One is the ride-hailing service that the company operates in suburban Phoenix and plans to expand to other cities.With both divisions, said Krafcik, Waymo would follow parallel paths of building owned-and-operated services and partnering with other providers.(Updates with CEO comments from fourth paragraph.)To contact the reporters on this story: Mark Bergen in San Francisco at firstname.lastname@example.org;Ira Boudway in New York at email@example.comTo contact the editors responsible for this story: Alistair Barr at firstname.lastname@example.org, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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AURORA, Ontario, Feb. 27, 2020 -- Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold an.
Magna is helping automakers prepare for a future that emphasizes electrificationMagna’s new e4 technology demonstrator car sets a new benchmark in EV efficiency, driving.
Fourth Quarter 2019 Highlights Cash from operations increased to $1.70 billion, despite lower sales and earningsReturned $365 million to shareholders through share repurchases.