We recently published a list of These Were Last Week’s 10 Worst Dividend Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other last week’s worst dividend stocks. Dividend stocks have historically been the top preference for many investors seeking stable income. However, as the… Continue reading Magna International Inc. (MGA): Among Last Week’s Worst Dividend Stocks
Tag: Contract Manufacturer
KEY LEADERSHIP APPOINTMENTS ANNOUNCED FOR COMBINED ABC TECHNOLOGIES & TI FLUID SYSTEMS GROUP
Terry Campbell to become President & Chief Executive Officer and Alexander De Bock to become Chief Financial Officer of the combined group TI Fluid Systems’ current President & Chief Executive Officer, Hans Dieltjens, to step down following completion of the acquisition ABC Technologies’ acquisition of TI Fluid Systems remains on track to complete during the… Continue reading KEY LEADERSHIP APPOINTMENTS ANNOUNCED FOR COMBINED ABC TECHNOLOGIES & TI FLUID SYSTEMS GROUP
Magna price target lowered to $44 from $48 at CIBC
https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-44-from-48-at-cibc CIBC analyst Krista Friesen lowered the firm’s price target on Magna (MGA) to $44 from $48 and keeps a Neutral rating on the shares. Top-line guidance for 2025 and 2026 was “disappointing” and below the firm’s and consensus expectations, notes the analyst, who does not believe Magna will be able to reach even the… Continue reading Magna price target lowered to $44 from $48 at CIBC
Magna price target lowered to $45 from $49 at Scotiabank
Scotiabank lowered the firm’s price target on Magna (MGA) to $45 from $49 and keeps a Sector Perform rating on the shares. While macro risks are keeping the firm on the sidelines for the sector, Scotiabank is comfortable with the management’s ability to navigate the current environment. Published first on TheFly – the ultimate source… Continue reading Magna price target lowered to $45 from $49 at Scotiabank
Magna Could Unlock Shareholder Value by Selling Seating, Complete Vehicles Businesses, RBC Says
Magna International’s (MGA) 2025 guidance was affected by foreign exchange, original equipment manuf Go to Source
KEY LEADERSHIP APPOINTMENTS ANNOUNCED FOR COMBINED ABC TECHNOLOGIES & TI FLUID SYSTEMS GROUP
Terry Campbell to become President & Chief Executive Officer and Alexander De Bock to become Chief Financial Officer of the combined group TI Fluid Systems’ current President & Chief Executive Officer, Hans Dieltjens, to step down following completion of the acquisition ABC Technologies’ acquisition of TI Fluid Systems remains on track to complete during the… Continue reading KEY LEADERSHIP APPOINTMENTS ANNOUNCED FOR COMBINED ABC TECHNOLOGIES & TI FLUID SYSTEMS GROUP
5 Stocks to Watch on Their Recent Dividend Hikes
After a solid rebound in 2024, major U.S. indexes lack shine due to displeasing domestic macroeconomic conditions. Rising inflation, and the impact of President Donald Trump’s fiscal, trade, and immigration policies have led investors to adopt a cautious approach. However, the labor market remains resilient. The Federal Reserve announced a pause in interest rate cuts to… Continue reading 5 Stocks to Watch on Their Recent Dividend Hikes
Magna International Price Target Lowered to US$44 at CIBC
CIBC Capital Markets lowered its price target on Magna International Inc. (MG.TO, MGA) to US$44 from Go to Source
Magna International reports sales growth in Q4 2024
Magna’s sales in 2025 are expected to be between $38.6bn and $40.2bn. Credit: JHVEPhoto/Shutterstock. Canada-based Magna International has reported $10.6bn in sales for the fourth quarter (Q4) of 2024, marking a 2% increase from the same period in 2023. This growth aligns with global light vehicle production, which also saw a 2% increase. This includes… Continue reading Magna International reports sales growth in Q4 2024
HOG, GPI & 3 Other Auto Stocks Hike Q1 Dividends: Should You Buy Now?
Wall Street is facing volatility amid sticky inflation, uncertainty over the Fed’s rate-cut trajectory, and fears of a potential trade war. The auto sector, being highly cyclical, faces additional challenges, including potential disruptions from U.S. tariffs on Canadian and Mexican imports. While these duties were temporarily paused in early February, their long-term impact remains unclear.… Continue reading HOG, GPI & 3 Other Auto Stocks Hike Q1 Dividends: Should You Buy Now?