Magna Cuts Outlook Following Third-Quarter Miss, Plans to Resume Share Repurchases Go to Source
Author: Yarhow_Finance Online News
Insider Stock Buying Reaches CA$3.10m On Linamar
Over the last year, a good number of insiders have significantly increased their holdings in Linamar Corporation (TSE:LNR). This is encouraging because it indicates that insiders are more optimistic about the company’s prospects. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical… Continue reading Insider Stock Buying Reaches CA$3.10m On Linamar
Knorr-Bremse Third Quarter 2024 Earnings: EPS Misses Expectations
Revenue: €1.94b (down 1.4% from 3Q 2023). Net income: €129.9m (up 2.4% from 3Q 2023). Profit margin: 6.7% (up from 6.5% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: €0.81 (up from €0.79 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month… Continue reading Knorr-Bremse Third Quarter 2024 Earnings: EPS Misses Expectations
Autoliv, Inc. (NYSE:ALV) is largely controlled by institutional shareholders who own 77% of the company
Given the large stake in the stock by institutions, Autoliv’s stock price might be vulnerable to their trading decisions A total of 9 investors have a majority stake in the company with 51% ownership Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company If you want… Continue reading Autoliv, Inc. (NYSE:ALV) is largely controlled by institutional shareholders who own 77% of the company
Aptiv price target lowered to $72 from $82 at RBC Capital
https://www.tipranks.com/news/the-fly/aptiv-price-target-lowered-to-72-from-82-at-rbc-capital RBC Capital lowered the firm’s price target on Aptiv (APTV) to $72 from $82 and keeps an Outperform rating on the shares after its Q3 results and guidance cut. The company’s macro headwinds will likely persist into 2025, but the 18% decline in shares is likely overdone, the analyst tells investors in a research… Continue reading Aptiv price target lowered to $72 from $82 at RBC Capital
China’s EV Makers Set Sights on Latin America in Global Expansion
New on Yahoo © 2024 All rights reserved. ‘:””;if(r){var a=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,a).replace(“{promoLogo}”,t.promos.promoLogo)}var s=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:P,d=t.panel.headerMsg?””:” “+P,u=c?R:””,p=void 0;n.count?p=n.markup:p=’ {emptyPanelMsg} ‘.replace(“{emptyPanelMsg}”,t.panel.emptyPanelMsg);return e=e.replace(“{notifMarkup}”,p).replace(“{promoMarkup}”,r).replace(“{hideClass}”,l).replace(“{notifCenterLink}”,c).replace(“{paddingClass}”,u).replace(“{headerMsg}”,t.panel.headerMsg).replace(“{hideHeaderClass}”,d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:”render”,value:function(e,n){var t=this;if(t._panelNode){var o=void 0,i=t._panelNode,r=void 0,a=void 0;switch(e){case”expanded_panel”:o=’ {headerMsg} {promoMarkup}{notifMarkup} ‘,a=t._store.getNotifications(),r=t._generatePanelMarkup(o,a),i.innerHTML=r;break;case”error_panel”:r=(o=’ {errorMsg} ‘).replace(“{errorMsg}”,t._config.panel.errorMsg),i.innerHTML=r}n&&n()}else n&&n(new Error(“No panel parent”))}},{key:”createPanelParentNode”,value:function(e){e&&(e.innerHTML=”,this._panelNode=document.getElementById(q))}},{key:”updateBadgeNode”,value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var o=n>t?t+”+”:n;e.innerHTML=o}else e.innerHTML=””}}},{key:”addStyles”,value:function(e){if(e&&”undefined”!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement(“style”)).type=”text/css”,n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),H=function(){function e(n,t,o){L(this,e);var i=this;i._store=t,i._view=o,i._config=n;var r=i._config.panel;i._panelParentNode=document.querySelector(r.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return x(e,[{key:”createPanelParentNode”,value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(q)}},{key:”refreshPanelNode”,value:function(e,n){var t=this;C(t._notifPanelNode,B),t._store.fetchNotifications(e,(function(e,o){var i=window.wafer&&window.wafer.base;i&&i.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render(“error_panel”),C(t._notifPanelNode,B)):(t._view.render(“expanded_panel”),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(o.css)),A(t._notifPanelNode,B),i&&i.sync(t._notifPanelNode.parentNode),n&&n(e,o)}))}},{key:”resetBadge”,value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),C(e._badgeNode,e._config.badge.hideClass)}},{key:”_showIndicator”,value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?C(this._indicatorNode,this._config.panel.indicatorClass):A(this._indicatorNode,this._config.panel.indicatorClass))}},{key:”_showBadge”,value:function(){var e=this;e._store.getNotifications().newCount?A(e._badgeNode,e._config.badge.hideClass):C(e._badgeNode,e._config.badge.hideClass)}}]),e}(),U={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:”Notify Me”,notifOnboardMsg:”Get alerts for breaking news and top stories”,promoLogo:”https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png”,showYahooLogo:!0,subscriptionTopic:”gondor_homerun_news”},badge:{hideClass:””,maxCount:5,selector:””},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:””,headerMsg:”Notifications”,imageTag:”img:40×40|2|80″,indicatorClass:”yns-indicator”,indicatorSelector:null,maxCount:6,notificationCenterNavMsg:”View… Continue reading China’s EV Makers Set Sights on Latin America in Global Expansion
NIO Inc. (NIO) Flat As Market Gains: What You Should Know
NIO Inc. (NIO) ended the recent trading session at $5.10, demonstrating no swing from the preceding day’s closing price. The stock trailed the S&P 500, which registered a daily gain of 0.41%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.8%. Coming into today, shares of the company had lost 23.88%… Continue reading NIO Inc. (NIO) Flat As Market Gains: What You Should Know
Inside Magna’s 9% Stock Surge: The Bold Buyback Moves Reshaping Its Future
Magna International (NYSE:MGA) has stirred investor interest with a strategic mix of moves, even as Q3 sales dipped 4%, driven by weaker light vehicle production in North America and China. Despite hitting some bumps, Magna’s Power & Vision segment shined, delivering higher margins, while Complete Vehicles also showed resilience, balancing out pressure in other areas.… Continue reading Inside Magna’s 9% Stock Surge: The Bold Buyback Moves Reshaping Its Future
Magna: Q3 Earnings Snapshot
AURORA, Ontario (AP) — AURORA, Ontario (AP) — Magna International Inc. (MGA) on Friday reported third-quarter earnings of $484 million. On a per-share basis, the Aurora, Ontario-based company said it had net income of $1.68. Earnings, adjusted for one-time gains and costs, came to $1.28 per share. The results fell short of Wall Street expectations.… Continue reading Magna: Q3 Earnings Snapshot
Magna Announces Third Quarter 2024 Results
AURORA, Ontario, Nov. 01, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2024. We posted sales of $10.3 billion for the third quarter of 2024, a decrease of 4% from the third quarter of 2023. The lower sales largely reflects a… Continue reading Magna Announces Third Quarter 2024 Results