Jim Cramer on Magna International Inc. (MGA): ‘I’m Seeing Terrible Things Going On In The Auto Industry’

We recently compiled a list of the Jim Cramer Talked About These 8 Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against the other stocks Jim Cramer talked about. Jim Cramer, host of Mad Money, recently shared some investment wisdom drawn from his four decades of… Continue reading Jim Cramer on Magna International Inc. (MGA): ‘I’m Seeing Terrible Things Going On In The Auto Industry’

With 76% ownership, Magna International Inc. (TSE:MG) boasts of strong institutional backing

Institutions’ substantial holdings in Magna International implies that they have significant influence over the company’s share price A total of 23 investors have a majority stake in the company with 50% ownership Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business If you want to know who… Continue reading With 76% ownership, Magna International Inc. (TSE:MG) boasts of strong institutional backing

Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry

We recently published a list of Jim Cramer’s Latest Portfolio Heading Into 2025: Top 10 Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other stocks in Jim Cramer’s latest portfolio heading into 2025. Jim Cramer in a latest program reiterated his view that the… Continue reading Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry

Chirisa Technology Parks welcomes Spencer Raymond as Chief Financial Officer

Spencer Raymond will join Chirisa Technology Parks to support financing, financial management and operations related to CTP’s rapid delivery of high-performance, leading-edge facilities for hyperscale, HPC, and AI customers RICHMOND, Va. and DUBLIN, Dec. 20, 2024 /PRNewswire/ — Chirisa Technology Parks (“CTP”) today announces that Spencer Raymond will join our senior leadership team as Chief Financial Officer… Continue reading Chirisa Technology Parks welcomes Spencer Raymond as Chief Financial Officer

@BMW: Personnel changes in BMW Group Corporate Communications003872

Munich. Corporate Communications and Governmental Affairs at BMW AG is restructuring its management team at department level with effect from 1 January 2025. Here are the changes in detail: Benjamin Titz will take over as Head of Communications Central and Southeastern Europe. He will also be responsible for communications for the Debrecen and Steyr production… Continue reading @BMW: Personnel changes in BMW Group Corporate Communications003872

Magna price target lowered to $44 from $46 at Wells Fargo

https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-44-from-46-at-wells-fargo Wells Fargo lowered the firm’s price target on Magna (MGA) to $44 from $46 and keeps an Equal Weight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024,… Continue reading Magna price target lowered to $44 from $46 at Wells Fargo

Automotive Seats Market to Reach $53.4 Billion by 2031 – Exclusive Report by Meticulous Research®

REDDING, Calif., Dec. 11, 2024 /PRNewswire/ — According to a new market research report titled, ‘Automotive Seats Market Size, Share, Forecast, & Trends Analysis by Vehicle Type (Passenger Cars, LCV, HCV), Seat Type, Seat Technology (Manual Seats, Powered Seats, Smart Seats), Material, Distribution Channel (OEMs and Aftermarket), Geography – Global Forecast to 2031. The automotive seats market… Continue reading Automotive Seats Market to Reach $53.4 Billion by 2031 – Exclusive Report by Meticulous Research®

Can ON’s JFET Acquisition Change the Stock’s Fate or is it a Risky Bet?

On Semiconductor ON recently announced its agreement to acquire the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo QRVO for $115 million in cash.  The acquisition from Qorvo enhances ON’s EliteSiC power portfolio, enabling the company to meet the growing demand for high energy efficiency and… Continue reading Can ON’s JFET Acquisition Change the Stock’s Fate or is it a Risky Bet?

@BMW: BMW Group diesel from the factory with HVO 100 — CO2 savings straight off the production line003861

Munich. Openness to technology is paramount for the BMW Group. In addition to the wide range of powertrain technologies, the goal is to reduce CO2 emissions in all areas.The BMW Group is convinced that all available technologies are needed to reduce CO2 throughout the entire chain of effects. For example, there is potential for reducing… Continue reading @BMW: BMW Group diesel from the factory with HVO 100 — CO2 savings straight off the production line003861

Carwiz Expands Operations to Austria and Lithuania

Krešimir Dobrilović, founder and president of Carwiz International’s management board (L) and Carwiz’s Hungarian partner, Dániel Pszota, managing director of Fábián Autószalonok.  Photo: Carwiz International Carwiz International, a Croatia-based rental car franchise, recently signed two new franchise agreements to begin operating in Austria and Lithuania.  With these additions, the global Carwiz network will span 59… Continue reading Carwiz Expands Operations to Austria and Lithuania