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
Tag: Contract Manufacturer
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?
Tolland Hill Family Dental Honored as a 2025 Top Patient Rated Dentist by Find Local Doctors
This esteemed award highlights the exceptional ratings and reviews received from patients across various online platforms. TOLLAND, Conn., Feb. 17, 2025 /PRNewswire/ — Tolland Hill Family Dental, a cutting-edge practice located in Tolland, Connecticut, has been honored as a 2025 Top Patient Rated Dentist by Find Local Doctors. Find Local Doctors is a trusted online… Continue reading Tolland Hill Family Dental Honored as a 2025 Top Patient Rated Dentist by Find Local Doctors
Magna International Full Year 2024 Earnings: EPS Misses Expectations
Revenue: US$42.8b (flat on FY 2023). Net income: US$1.01b (down 17% from FY 2023). Profit margin: 2.4% (down from 2.8% in FY 2023). EPS: US$3.52 (down from US$4.24 in FY 2023). TSX:MG Revenue and Expenses Breakdown February 15th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue… Continue reading Magna International Full Year 2024 Earnings: EPS Misses Expectations
Magna International Inc (MGA) Q4 2024 Earnings Call Highlights: Strong Cash Flow and Margin …
Q4 2024 Sales: Increased 2% year-over-year to $10.6 billion. Q4 2024 Adjusted EBIT Margin: Improved 120 basis points to 6.5%. Q4 2024 Adjusted EPS: Rose 27% to $1.69. Q4 2024 Free Cash Flow: Generated over $1 billion, compared to $472 million in Q4 2023. 2024 Full Year Sales: $42.8 billion, level with 2023. 2024 Full… Continue reading Magna International Inc (MGA) Q4 2024 Earnings Call Highlights: Strong Cash Flow and Margin …
@niche: Magna (MGA) Beats Q4 Earnings and Revenue Estimates003744
Magna (MGA) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.75%. A quarter ago, it was expected that this… Continue reading @niche: Magna (MGA) Beats Q4 Earnings and Revenue Estimates003744
Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle production Diluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, compared to $0.94 and $1.33, respectively Generated $1.9 billion in cash from operating activities Returned $335 million to shareholders through dividends and share repurchases Raised… Continue reading Magna Announces Fourth Quarter 2024 Results and 2025 Outlook