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March 3, 2014
05:54 EDTMGAMagna reports Q4 EPS $2.03, consensus $1.54
Reports Q4 revenue $9.17B, consensus $8.87B. The company achieved this sales increase in a period when vehicle production increased 6% in North America and 5% in Europe, both relative to 4Q12. In Q4, the company's North American, European, and Asian production sales, as well as tooling, engineering and other sales and complete vehicle assembly sales all increased while the company's Rest of World production sales declined relative to the comparable quarter in 2012. Complete vehicle assembly sales increased 13% to $788M for Q4 compared to $697M for the 4Q12, while complete vehicle assembly volumes increased 17% to approximately 37,000 units. Q4 adjusted EBIT increased 57% to $607M compared to $387M for 4Q12.
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July 11, 2014
15:18 EDTMGAZF Friedrichshafen may lack funds to get TRW Automotive deal done, Reuters says
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July 10, 2014
10:44 EDTMGATRW approached about buyout by ZF Friedrichshafen, Bloomberg says
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10:42 EDTMGALear, Magna, Visteon higher after report of TRW takeover interest
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08:10 EDTMGAMorgan Stanley's Vintage Values 2015 list selected
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