LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – is delighted to win the esteemed ‘Green SUV Of The Year 2023’ award from the Green Car Journal. Beating out stiff competition from long-established OEMs, the Fisker Ocean is an exemplary model with… Continue reading @Fisker: All-Electric Fisker Ocean Wins Green Car Journal’s ‘Green SUV Of The Year 2023’ Award000105
Tag: Magna
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Magna International Inc. AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Magna International Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
Magna International (TSE:MG) Third Quarter 2022 Results Key Financial Results Revenue: US$9.27b (up 17% from 3Q 2021). Net income: US$289.0m (up by US$278.0m from 3Q 2021). Profit margin: 3.1% (up from 0.1% in 3Q 2021). EPS: US$1.00 (up from US$0.037 in 3Q 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing… Continue reading Magna International Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Automotive Differential Global Market Report 2022
DUBLIN, Nov. 9, 2022 /PRNewswire/ — The “Automotive Differential Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global automotive differential market. The global automotive differential is expected to grow from $19.20 billion in 2021 to $20.79… Continue reading Automotive Differential Global Market Report 2022
Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna International MGA reported third-quarter 2022 adjusted earnings of $1.07 per share, which jumped 91% on a year-over-year basis. The bottom line, however, lagged the Zacks Consensus Estimate of $1.13 a share. Lower-than-expected EBIT in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the reported quarter, net… Continue reading Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna International MGA reported third-quarter 2022 adjusted earnings of $1.07 per share, which jumped 91% on a year-over-year basis. The bottom line, however, lagged the Zacks Consensus Estimate of $1.13 a share. Lower-than-expected EBIT in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the reported quarter, net… Continue reading Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna International MGA reported third-quarter 2022 adjusted earnings of $1.07 per share, which jumped 91% on a year-over-year basis. The bottom line, however, lagged the Zacks Consensus Estimate of $1.13 a share. Lower-than-expected EBIT in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the reported quarter, net… Continue reading Magna (MGA) Misses on Q3 Earnings & Sales, Trims ’22 View
Magna Announces Third Quarter 2022 Results
Sales increased 17% to $9.3 billion, compared to a global light vehicle production increase of 24% Excluding foreign currency translation and acquisitions net of divestitures, sales increased 27% Diluted earnings per share and adjusted diluted earnings per share increased to $1.00 and $1.07, respectively, compared to $0.04 and $0.56 last year Returned $305 million to… Continue reading Magna Announces Third Quarter 2022 Results