Magna International Inc. (MGA) - NYSE
  • Mon, Jul. 25, 5:37 PM
    | Mon, Jul. 25, 5:37 PM
  • Fri, Jul. 22, 5:37 PM
    | Fri, Jul. 22, 5:37 PM | 22 Comments
  • Fri, Jul. 15, 5:38 PM
    • Top gainers, as of 5.25 p.m.: CLS +7.5%. VNR +2.2%. VIIX +2.5%. MRNS +2.0%. USLV +1.6%.
    • Top losers, as of 5.25p.m.: FOE -8.9%. MGA -6.5%. INSY -3.1%. CLD -3.8%. NUS -3.5%.
    | Fri, Jul. 15, 5:38 PM
  • Thu, Jun. 9, 5:36 PM
    • Top gainers, as of 5.25 p.m.: MJN +8.0%. HRB +6.3%. BG +6.1%. SWN +1.8%. SVU +1.7%.
    • Top losers, as of 5.25p.m.: BABA -15.6%. MPEL -12.8%. TTM -11.9%. MGA -11.9%. MFRM -10.7%.
    | Thu, Jun. 9, 5:36 PM | 17 Comments
  • Fri, Jun. 3, 5:36 PM
    • Top gainers, as of 5.25 p.m.: VBLT +32.2%. GRMN +12.1%. BG +8.0%. TK +2.9%. TNXP +2.4%.
    • Top losers, as of 5.25p.m.: MGA -13.2%. AUY -4.2%. OUTR -3.0%. RF -2.4%. LBIO -2.1%.
    | Fri, Jun. 3, 5:36 PM | 7 Comments
  • Tue, May 31, 5:37 PM
    | Tue, May 31, 5:37 PM | 1 Comment
  • Fri, May 27, 5:39 PM
    | Fri, May 27, 5:39 PM
  • Mon, May 16, 5:39 PM
    | Mon, May 16, 5:39 PM | 5 Comments
  • Fri, May 13, 5:38 PM
    | Fri, May 13, 5:38 PM
  • Thu, Apr. 28, 5:35 PM
    • Top gainers, as of 5.25 p.m.: GIMO +16.2%. YRCW +14.2%. JMEI +12.9%. AMZN +12.7%. EXPE +11.5%.
    • Top losers, as of 5.25p.m.: MGA -14.9%. NPTN -13.0%. MOH -12.8%. SYNA -11.8%. NSR -10.4%.
    | Thu, Apr. 28, 5:35 PM | 12 Comments
  • Mon, Apr. 18, 5:40 PM
    • Top gainers, as of 5.25 p.m.: CE +7.4%. MS +5.8%. BMI +5.0%. DISH +3.7%. NCLH +2.5%.
    • Top losers, as of 5.25p.m.: AAOI -20.9%. ILMN -19.4%. TTM -17.6%. NFLX -9.5%. MGA -13.2%.
    | Mon, Apr. 18, 5:40 PM | 5 Comments
  • Fri, Apr. 15, 5:36 PM
    • Top gainers, as of 5.25 p.m.: VIV +11.8%. GOV +2.7%. CARA +1.9%. XNPT +1.6%.
    • Top losers, as of 5.25p.m.: MGA -11.1%. WTI -3.2%. FOXF -1.8%. HMY -1.8%
    | Fri, Apr. 15, 5:36 PM
  • Thu, Apr. 14, 5:40 PM
    • Top gainers, as of 5.25 p.m.: BG +24.1%. MJN +8.8%. ORPN +7.5%. CHKE +5.9%. VSLR +5.0%.
    • Top losers, as of 5.25p.m.: XXIA -14.8%. MGA -12.9%. CCC -7.7%. ESV -6.0%. NQ -4.4%.
    | Thu, Apr. 14, 5:40 PM | 13 Comments
  • Fri, Feb. 26, 7:15 AM
    • Magna International (NYSE:MGA) reports sales rose 6% if the impact of the currency swings is backed out in Q4.
    • North American light vehicle production grew 4% to 4.546M units.
    • European light vehicle production advanced 7% to 5.538M units.
    • Segment sales: North America: $5.090B (+4.5%); Europe: $2.889B (-13.7%); Asia: $624M (+20.5%); ROW: $88M (-50%).
    • Production sales: North America: $4.670B (+5%); Europe: $1.832B (-12%); Asia: $473M (+10%); ROW: $87M (-49%).
    • Complete vehicle assembly sales declined 15% to $628M and volumes fell 24% to 25,042 units.
    • Gross margin rate squeezed 40 bps to 14.4%.
    • SG&A expense rate flat Y/Y at 4.8%.
    • Adjusted EBIT dropped 40% to $656M.
    • FY2016 Guidance: Light vehicle production (units): North America 18M and Europe 21M; Total sales: $34.6B to $36.3B; Complete vehicle assembly sales: $1.7B to $2B; Adjusted EBIT: High 7% range; Interest expense, net: ~$80M; Tax rate: 25% to 26%; Capex: $1.8B to $2B.
    • FY2016 Production sales: North America: $19.2B to $19.8B; Europe: $8.6B to $9B; Asia: $2.1B to $2.3B; ROW: $0.4B to $0.5B; Total production sales: $30.3B to $31.6B.
    | Fri, Feb. 26, 7:15 AM
  • Nov. 5, 2015, 10:14 AM
    • Magna International (MGA -12.2%) reports sales rose 3% if the impact of the currency swings is backed out in Q3.
    • North American light vehicle production increased 4% to 4.259M.
    • European light vehicle production expanded 4% to 4.676M.
    • Segment sales: North America: $4.591B (+1.1%); Europe: $2.642B (-16.5%); Asia: $428M (-10.6%); ROW: $115M (-39.5%).
    • Production sales: North America: $4.28B (+1%); Europe: $1.70B (-18%); Asia: $346M (-12%); ROW: $111M (-38%).
    • Complete vehicle assembly sales dropped 32% to 522M.
    • Gross margin rate declined 30 bps to 13.9%.
    • SG&A expense rate decreased 10 bps to 4.7%.
    • Adjusted EBIT squeezed 10% to $565M.
    • FY2015 Guidance: Light vehicle production (units): North America 17.4M and Europe 20.5M; Total sales: $31.3B to $32.6B; Complete vehicle assembly sales: $2.3B to $2.5B; Operating margin: ~7.7%; Tax rate: ~26%; Capex: ~$1.5B.
    • FY2015 Production sales: North America: $17.4B to $17.8B; Europe: $7B to $7.3B; Asia: $1.5B to $1.6B; ROW: $0.4B to $0.5B; Total production sales: $26.3B to $27.2B.
    | Nov. 5, 2015, 10:14 AM
  • Nov. 5, 2015, 9:10 AM
    | Nov. 5, 2015, 9:10 AM | 32 Comments
Company Description
Magna International, Inc. designs, develops and manufactures automotive systems, assemblies, modules and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and... More
Industry: Auto Parts
Country: Canada