Magna International Inc’s Dividend Analysis

Assessing the Upcoming Dividend and Historical Performance Magna International Inc(NYSE:MGA) recently announced a dividend of $0.48 per share, payable on 2024-03-08, with the ex-dividend date set for 2024-02-22. As investors look forward to this upcoming payment, the spotlight also shines on the company’s dividend history, yield, and growth rates. Using the data from GuruFocus, let’s… Continue reading Magna International Inc’s Dividend Analysis

General Dynamics European Land Systems – Steyr awarded $1.3 billion contract to build 225 PANDUR EVO wheeled armored vehicles for Austria

VIENNA, Feb. 20, 2024 /PRNewswire/ — General Dynamics European Land Systems – Steyr (GDELS) announced that it has been awarded a contract to deliver an additional 225 PANDUR 6×6 EVO wheeled armored vehicles to the Austrian Armed Forces. The contract has an initial value of 1.2 billion euros (U.S. $1.3 billion). Continue Reading The compact,… Continue reading General Dynamics European Land Systems – Steyr awarded $1.3 billion contract to build 225 PANDUR EVO wheeled armored vehicles for Austria

EV firms driving demand for expats; cos increase hiring in tech, engineering, R&D roles

“India’s rapidly growing EV market, combined with significant innovation and investments on the supply side, is attracting professionals worldwide,” said Amit Gupta, co-founder at Yulu. Electric vehicle makers in India are accelerating their search for expat talent even as the country positions itself among the world’s leading EV markets. Companies such as Tata Motors, Ather… Continue reading EV firms driving demand for expats; cos increase hiring in tech, engineering, R&D roles

@Fisker: Fisker Signs New Dealer Partners in US as Strategic Business Shift Continues000212

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it has signed a total of four dealer partners in the US as it undertakes a strategic shift in its business model. Dealers joining the Dealer Partnership program are the Mills… Continue reading @Fisker: Fisker Signs New Dealer Partners in US as Strategic Business Shift Continues000212

SPARROW Founder’s Unique Career Offers Lessons in Mindful Mentoring Podcast

MONMOUTH COUNTY, N.J., Feb. 15, 2024 /PRNewswire/ — Successful leaders can often point to a few individuals who’ve made a profound difference in their careers, and SPARROW Executive Jets (SEJ) President and Founder Jacquie Dalton is no exception. When reflecting on a unique career path that took her from the racetrack to the runway, she… Continue reading SPARROW Founder’s Unique Career Offers Lessons in Mindful Mentoring Podcast

Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Magna International MGA reported fourth-quarter 2023 adjusted earnings of $1.33 per share, which rose 46.2% on a year-over-year basis but missed the Zacks Consensus Estimate of $1.37. Net sales increased 9% from the prior-year quarter to $10.45 billion, surpassing the Zacks Consensus Estimate of $10.44 billion. Magna International Inc. Price, Consensus and EPS Surprise Magna… Continue reading Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Magna International MGA reported fourth-quarter 2023 adjusted earnings of $1.33 per share, which rose 46.2% on a year-over-year basis but missed the Zacks Consensus Estimate of $1.37. Net sales increased 9% from the prior-year quarter to $10.45 billion, surpassing the Zacks Consensus Estimate of $10.44 billion. Magna International Inc. Price, Consensus and EPS Surprise Magna… Continue reading Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

AURORA, Ontario, Feb. 13, 2024 (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 300,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

Magna International Inc. Just Missed EPS By 19%: Here’s What Analysts Think Will Happen Next

Shareholders might have noticed that Magna International Inc. (TSE:MG) filed its full-year result this time last week. The early response was not positive, with shares down 5.0% to CA$74.84 in the past week. It was not a great result overall. While revenues of US$43b were in line with analyst predictions, earnings were less than expected,… Continue reading Magna International Inc. Just Missed EPS By 19%: Here’s What Analysts Think Will Happen Next

TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

Magna International Inc. AURORA, Ontario, Feb. 13, 2024 (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 300,000 Magna Common Shares (the… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid