MGA - MGA マグナ・インタ―ナショナル （）

AURORA, Ontario, March 31, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2022 Annual Report, including Management''s Discussion and Analysis and Aud…

TORONTO , March 31, 2023 /CNW/ - Diamond & Diamond Lawyers, a leading personal injury law firm, announced the launch of a groundbreaking $400 million lawsuit against four major corporations—Magna International, Inc., Gwillimdale Farms Ltd., Touchstone Resort, and Smith Gardens—for their alleged complicity in human trafficking.

When the Federal Reserve raised interest rates again by 25 basis points, investors seeking stable holdings needed to consider income stocks to buy. The Fed’s benchmark rate is rising to a range of between 4.75% and 5.0%. This is the highest federal funds rate since 2017. Ideally, the best income stocks to buy pay a dividend that yields at least 4.75% , which is the risk-free rate of return from holding cash and bonds. Investors could have booked a yield as high as 5.309% on March 8, by holding the U.S. 6-month treasury . The downside of holding interest-bearing assets is that the investor must hold until maturity. In addition, the tax rate on interest income is higher than dividend income. Investors would miss out on stocks poised to rebound from their decline. The stock price rise adds to the dividend returns. MO Altria Group $44.34 CPG Crescent Point Energy $6.91 MGA Magna International $51.56 O Realty Income $61.80 STT State Street $75.14 TECK Teck Resources $35.48 WBA Walgreens Boots Alliance $34.00 Altria Group (MO) Source: viewimage / Shutterstock.com Altria Group (NYSE: MO ) is a controversial tobacco firm that is pivoting to non-nicotine products.

WILMINGTON, DE / ACCESSWIRE / March 13, 2023 / Transparency Market Research Inc. - The global automotive center console market was valued at US$ 78.0 Bn in 2022 and is anticipated to grow at a CAGR of 5.9% during the forecast period from 2023 to 2031. The Center console is the space between the driver''s seat and the navigator''s seat. Center consoles are used to store different products such as cup holders and cigarette lighters, and can also have music controls, a display screens, and an air conditioning systems. Apart from internal combustion engine vehicles, automotive center consoles have also witnessed demand from different electric vehicles such as battery electric vehicles, fuel cell electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles. Continuous growth in the e-commerce industry is estimated to help trigger the demand for center consoles through online distribution channels such as e-commerce websites and company-owned websites New product launches are helping leading automotive center console market players in gaining an edge over other players.

Magna International Inc., Enbridge Inc. and Ritchie Bros Auctioneers Inc. are among Canadian companies that have moved forward with bond sales in the international and domestic markets, fueling a pickup in the pace of new offerings despite the rise in interest rates.

Magna International has seen stable performance in recent years. See why we recommend a hold rating on MGA stock.

Canadian auto parts giant Magna International (MG) is buying the active safety business of Veoneer for $1.53 billion U.S. in cash. Aurora, Ontario-based Magna said the deal will boost its engineering resources and expand its customer base for advanced …

TORONTO — Magna International Inc. has signed a deal to buy Veoneer’s active safety business from investment firm SSW Partners for US$1.525 billion in cash. The Ontario auto parts company said Tuesday the deal adds significant engineering resources and expands its advanced driver assistance systems customer base and geographic diversification. The acquisition of the Swedish […]

The acquisition of the Swedish company''s operations will add 2,200 engineers, including 1,800 for systems, software and sensor development, to Magna.

Automotive parts supplier Magna International (NYSE: MGA) is acquiring Veoneer Active Safety business for a consideration of $1.525 billion from SS…

Magna International Inc. (NYSE:MGA) marked $48.87 per share on Thursday, up from a previous closing price of $47.30. While Magna International Inc. has overperformed by 3.32%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MGA fell by -42.01%, with highs and lows ranging from $90.15 to […]

Worldwide electrification of the automotive fleet is set to enhance Magna''s appeal as a manufacturer and supplier. Read why MGA stock is now a Buy.

Major players in the automotive collision repair market are 3M, Automotive Technology Products LLC (ATP), Denso Corporation, Faurecia, International Automotive Components Group, Magna International Inc. Major players in the automotive collision repair market are 3M, Automotive Technology Products LLC (ATP), Denso Corporation, Faurecia, International Automotive Components Group, Magna International Inc.

Stocks played dipsy-doodle with investors on Friday, as strength in resource stocks were compensated for by consumer stocks. All in all, it was a rough finish to the day, week, month and third quarter. The TSX Composite descended from early gains to only 2.38 points ahead of breakeven to close out Friday at 18,444.22. On the week, the index gave back more than 36.7 points, or 0.2%. The Canadian dollar subsided 0.73 cents to 72.40 cents U.S. For the month, the TSX was on pace to fall 4.2%, and headed for its second straight quarterly decline in what will be its longest losing streak since 2018. Real-estate was an unlikely leader among gaining stocks, with units of Boardwalk REIT adding two dollars, or 4.5%, to $46.45, while Summit REIT took on 72 cents, or 4.4%, to $17.17. In gold stocks, Wesdome Gold gained 46 cents, or 5.2%, to $9.36, while Kinross Gold rocketed 30 cents, or 6.1%, to $5.23. In materials, Osisko Mining leaped 42 cents, or 15.6%, to $3.11, while Fortuna Silver Mines galloped 23 cents, or 7.1%, to $3.48.

Equities in Toronto slid on Thursday, after rallying in the previous session, as fears of a steep economic downturn persisted amid aggressive monetary policy tightening by global central banks. The TSX Composite came off its lows of Thursday morning, losing 250.8 points, or 1.3%, by noon EDT to 18,398.41. The Canadian dollar thundered lower 0.34 cents to 73.03 cents U.S. Among stocks, Linamar Corp sank $5.85, or 9.6%, to $54.83, and Magna International dropped $3.16, or 4.6%, to $65.93, after Scotiabank trimmed its price targets, saying a likely recession in 2023 and higher energy prices in Europe may lead to lower sales volumes of auto makers and component manufacturers, and pose headwinds to margins. Ero Copper jumped $1.32, or 9.3%, to $15.47, 1.6% after it announced the discovery of a regional nickel sulphide system within the Curaçá Valley over an initial strike length of five kilometres. On the economic slate, Statistics Canada reported Gross Domestic Product for July edged up 0.