Magna International (MGA): Q1 EPS of -$1.79 misses by $0.20. Revenue of $3.57B (-46%) vs....

|About: Magna International Inc. (MGA)|By:, SA News Editor
Magna International (MGA): Q1 EPS of -$1.79 misses by $0.20. Revenue of $3.57B (-46%) vs. $3.86B. Says sales and earnings will continue to be impacted by GM's and Chrysler's woes, but adds other parts suppliers are in even worse shape. Suspends dividend. Shares are apparently halted. (PR)