BOSTON, Nov. 8, 2023 /PRNewswire/ — Burns & Levinson attorneys – Caitlin Barrett, Alison Harrall, Mark Manning, Chad Porter, Frank Segall, and Josef Volman – have been selected for inclusion in the 2024 Lawdragon 500 Leading Dealmakers in America. According to Lawdragon, these lawyers create “multibillion dollar mergers and other deals that change the course of… Continue reading Six Burns & Levinson Attorneys Named to 2024 Lawdragon 500 Leading Dealmakers in America
Tag: Magna
Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Magna International MGA reported third-quarter 2023 adjusted earnings of $1.46 per share, which rose 33% on a year-over-year basis and surpassed the Zacks Consensus Estimate of $1.37 per share. Net sales increased by 15% from the prior-year quarter to $10,688 million, surpassing the Zacks Consensus Estimate of $10,358 million. Magna International Inc. Price, Consensus and… Continue reading Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
The Inner Circle Acknowledges, Jonathan Klein as a Pinnacle Life Professional 2023 for his contributions to the field of Law
BALTIMORE and BRIDGEPORT, Conn., Nov. 7, 2023 /PRNewswire/ — Prominently featured in The Inner Circle, Jonathan Klein is acknowledged as a Pinnacle Life Professional 2023 for his contributions to the field of Law. Continue Reading Jonathan J. Klein Mr. Klein pursued higher education at Yeshiva University in New… Continue reading The Inner Circle Acknowledges, Jonathan Klein as a Pinnacle Life Professional 2023 for his contributions to the field of Law
Magna International Inc. (NYSE:MGA) Q3 2023 Earnings Call Transcript
Magna International Inc. (NYSE:MGA) Q3 2023 Earnings Call Transcript November 3, 2023 Operator: Greetings and welcome to the Q3 2023 results. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question and answer session. At that time, if you have a question, please press the one followed by… Continue reading Magna International Inc. (NYSE:MGA) Q3 2023 Earnings Call Transcript
@Fisker: Fisker Names David King as Chief Technology Officer000167
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that David King has been promoted to Chief Technology Officer. King will immediately assume his new role, replacing Dr. Burkhard Huhnke, who is leaving the company for personal reasons. King joined Fisker… Continue reading @Fisker: Fisker Names David King as Chief Technology Officer000167
Magna raises 2023 profit forecast, flags impact from UAW strikes
Suppliers have benefited from an uptick in demand for their auto parts, software and tech as vehicle makers around the globe rush to push out safer vehicles with advanced driver-aid systems and higher efficiencies. Canadian auto parts supplier Magna International raised its 2023 profit forecast on Friday, but flagged an impact from the United Auto… Continue reading Magna raises 2023 profit forecast, flags impact from UAW strikes
Magna Announces Third Quarter 2023 Results
Sales increased 15% to $10.7 billion, compared to a global light vehicle production increase of 4% Diluted earnings per share were $1.37 Adjusted diluted earnings per share increased 33% to $1.46 Raised Outlook for Adjusted EBIT Margin and Adjusted Net Income attributable to Magna, including UAW strike impact AURORA, Ontario, Nov. 03, 2023 (GLOBE NEWSWIRE)… Continue reading Magna Announces Third Quarter 2023 Results
Why Auto Parts Stocks Popped (and Dropped) Today
Over the last 18 hours, three of the biggest names in car parts have reported their results, with Magna International (NYSE: MGA) delivering a positive earnings surprise and American Axle & Manufacturing Holdings (NYSE: AXL) beating on sales, but Fox Factory (NASDAQ: FOXF) reporting an earnings miss Thursday night. As of 10:15 a.m. ET Friday,… Continue reading Why Auto Parts Stocks Popped (and Dropped) Today