Tag: Magna

Magna International’s (TSE:MG) Soft Earnings Don’t Show The Whole Picture

Magna International Inc.’s (TSE:MG) stock was strong despite it releasing a soft earnings report last week. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part –… Continue reading Magna International’s (TSE:MG) Soft Earnings Don’t Show The Whole Picture

World Investment Advisors Welcomes TCG Wealth Management

Acquisition of $140 million, Nashua, NH–based firm focused on HNW families, business owners, and non-profits expands World’s New England footprint SANTA BARBARA, Calif., Nov. 7, 2025 /PRNewswire/ — Leading financial advisory firm World Investment Advisors, LLC (“World”) announced today the acquisition of TCG Wealth Management (“TCG”), a Nashua, New Hampshire–based wealth management firm overseeing approximately $140… Continue reading World Investment Advisors Welcomes TCG Wealth Management

Magna Announces Renewal of Normal Course Issuer Bid

NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the Toronto Stock Exchange’s… Continue reading Magna Announces Renewal of Normal Course Issuer Bid

Magna Announces Renewal of Normal Course Issuer Bid

Magna International Inc. NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the… Continue reading Magna Announces Renewal of Normal Course Issuer Bid

Magna Announces Renewal of Normal Course Issuer Bid

NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the Toronto Stock Exchange’s… Continue reading Magna Announces Renewal of Normal Course Issuer Bid

Magna Q3 Earnings Surpass Expectations, Guidance Revised

Magna International MGA reported third-quarter 2025 adjusted earnings of $1.33 per share, which rose from the year-ago quarter’s $1.28, beating the Zacks Consensus Estimate of $1.24. Net sales increased 2% year over year to $10.46 billion and surpassed the Zacks Consensus Estimate of $10.01 billion. Magna International Inc. Price, Consensus and EPS Surprise Magna International… Continue reading Magna Q3 Earnings Surpass Expectations, Guidance Revised

Magna International (TSX:MG): Assessing Valuation After DMS Milestone and Upbeat Guidance

Magna International (TSX:MG) just posted its third quarter results, raised full-year sales guidance, and affirmed its dividend. This came shortly after celebrating one year of scaled Driver Monitoring System production in China. See our latest analysis for Magna International. After a stretch of steady gains, Magna International’s 1-day share price return of 6.0% stands out,… Continue reading Magna International (TSX:MG): Assessing Valuation After DMS Milestone and Upbeat Guidance

Magna International Inc (MGA) Q3 2025 Earnings Call Highlights: Strong Sales Growth and …

This article first appeared on GuruFocus. Sales Growth: Increased by 2% to $10.5 billion. Adjusted EBIT: Rose 3% to $613 million. Adjusted EBIT Margin: Expanded by 10 basis points to 5.9%. Adjusted Diluted EPS: Increased by 4% to $1.33. Free Cash Flow: Improved by $398 million to $572 million. Capital Spending Outlook: Reduced to approximately… Continue reading Magna International Inc (MGA) Q3 2025 Earnings Call Highlights: Strong Sales Growth and …

Magna Announces Third Quarter 2025 Results

Strong execution and operational excellence drove improved performance Year-over-year comparison (third quarter of 2025 versus third quarter of 2024): Sales increased 2% to $10.5 billion, supported by a 3% rise in global light vehicle production Income from operations before income taxes was $473 million, down 32%, as the prior year included recognition of Fisker deferred… Continue reading Magna Announces Third Quarter 2025 Results