Canada's main stock index fell after weak earnings from consumer discretionary firms Magna and MTY Food on Friday, while investors took some ...

Canada's main stock index fell after weak earnings from consumer discretionary firms Magna and MTY Food on Friday, while ...

Full Year 2024 Results Key Financial Results Revenue: US$42.8b (flat on FY 2023).

As automakers consolidate purchases with fewer suppliers, large vendors such as Magna are in the best position to gain share because they can offer a wide range of parts, modules, and complete systems ...

Auto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it's ...

Canadian auto parts manufacturer Magna International (MGA) has cut its forward guidance for this year due to uncertainty ...

Shares are trading defensively, however, as foreign exchange headwinds and industry challenges that include light vehicle ...

Magna International reported a 2% year-on-year sales growth for Q4 FY24, reaching $10.63 billion, surpassing expectations. Adjusted EPS of $1.69 exceeded the consensus of $1.52.

Air T Inc (AIRT) is expected to report for 3Q. American Axle & Manufacturing Holdings Inc (AXL) is expected to report $-0.15 for 4Q. Astrotech Corp (ASTC) is expected to report for 2Q.

HighlightsSales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of ...

Canadian auto parts maker Magna International cut its 2026 sales estimate while offering a weak revenue forecast for the current year on Friday and said challenges such as uncertain government ...