Magna International Inc. Philip D. Fracassa Philip D. Fracassa joins Magna as Executive Vice-President and Chief Financial Officer, succeeding Patrick McCann Patrick McCann to step down after more than 26 years with Magna, including as CFO since 2022 Philip Fracassa joins Magna as CFO effective immediately after 20 years at The Timken Company (NYSE: TKR),… Continue reading Magna Names Philip D. Fracassa Chief Financial Officer
Tag: Contract Manufacturer
Magna Names Philip D. Fracassa Chief Financial Officer
Patrick McCann to step down after more than 26 years with Magna, including as CFO since 2022 Philip Fracassa joins Magna as CFO effective immediately after 20 years at The Timken Company (NYSE: TKR), where he held the CFO role for over a decade Magna looks forward to continuing to execute on its long-term strategy,… Continue reading Magna Names Philip D. Fracassa Chief Financial Officer
3 Dividend Stocks On The TSX Yielding Up To 8.1%
As investors navigate the Canadian market, attention is focused on inflation trends and potential rate cuts by the Bank of Canada, which could influence economic conditions and investment strategies. In this environment, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to balance portfolio volatility with steady returns.… Continue reading 3 Dividend Stocks On The TSX Yielding Up To 8.1%
CNH Unveils Made-in-India Compact Tractor
CNH, a global manufacturer of agricultural and construction equipment, has previewed its first Made-in-India compact tractor from its Greater Noida plant. The development is part of the company’s plan to position India as a centre for manufacturing, technology, and exports. India is one of CNH’s fastest-growing markets. The company has identified four priorities for its… Continue reading CNH Unveils Made-in-India Compact Tractor
Top TSX Dividend Stocks To Watch In September 2025
As the Canadian market navigates a landscape marked by elevated inflation and a softening labor market, investors are keenly observing upcoming economic indicators that could influence central bank decisions. Amidst this backdrop of potential volatility, dividend stocks on the TSX offer a compelling opportunity for those seeking stable income streams; they can provide resilience in… Continue reading Top TSX Dividend Stocks To Watch In September 2025
CIBC Stays Cautious on Magna (MGA) Despite Improving Auto Outlook
Magna International, Inc. (NYSE:MGA) is one of the best electric vehicle supply chain stocks to buy right now. On August 26, CIBC analyst Ty Colin reaffirmed his Neutral rating on Magna International, Inc. (NYSE:MGA) and raised his 12-month price target slightly, from $46 to $47. As of September 5, the stock was trading at $45.46. The… Continue reading CIBC Stays Cautious on Magna (MGA) Despite Improving Auto Outlook
Companies may fire up output by 25% to feed festive frenzy
Small car sales should start rising following the GST cuts, said RC Bhargava, chairman, Maruti Suzuki. Car, two-wheeler and consumer electronics makers in India are increasing production by as much as 25 per cent, anticipating that GST cuts on various products will trigger a surge in demand that will be sustained at least until Christmas.… Continue reading Companies may fire up output by 25% to feed festive frenzy
As tensions wind down, Sino-Indian tieups put buzziness back in business
Auto sector expects the ball to roll now on the import of heavy rare earth magnets that had hit electric vehicle manufacturers, especially two-wheeler companies like Bajaj Auto. Indian and Chinese companies have stepped up talks on joint ventures and other partnerships in sectors such as electronics and automobiles after the recent meeting between Prime… Continue reading As tensions wind down, Sino-Indian tieups put buzziness back in business
Next BMW X5 to add hydrogen fuel cell power in 2028
BMW has provided an update on its plans to begin sales of a hydrogen-powered version of the X5, as it readies production of a third-generation fuel cell system developed in partnership with Toyota. Due out in 2028, the new FCEV model will be sold alongside petrol, diesel, plug-in hybrid and fully electric versions of the… Continue reading Next BMW X5 to add hydrogen fuel cell power in 2028
3 TSX Dividend Stocks Yielding Up To 8.3%
As the Canadian economy faces a contraction in GDP and potential easing from the Bank of Canada, investors are increasingly looking towards dividend stocks as a reliable income source amidst shifting market dynamics. In this environment, selecting dividend stocks with strong fundamentals and stable cash flows can offer resilience and consistent returns, making them an… Continue reading 3 TSX Dividend Stocks Yielding Up To 8.3%