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Stock Market & Financial Investment News

News Breaks
March 10, 2014
09:16 EDTMGAMagna earnings outlook has improved, says KeyBanc
After meeting with Magna's management, KeyBanc thinks the company could generate EPs of $12 in 2016. The firm raised its price target on the stock to $115 from $100 and reiterates a Buy rating on the shares.
News For MGA From The Last 14 Days
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October 1, 2014
08:17 EDTMGAMagna management to meet with Deutsche Bank
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September 30, 2014
14:29 EDTMGAMagna acquires Techform Group of Companies, terms not disclosed
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September 23, 2014
05:26 EDTMGAMagna expands in India
Magna International announces the establishment of two new facilities in the Sanand region of the state of Gujarat, India, as the company continues to expand its global engineering and manufacturing footprint. While the new plants reflect business awards for vehicle programs built off global-platforms, they also help position Magna for further growth in India as vehicle production expands.
September 19, 2014
05:21 EDTMGAMagna announces cooperation regarding regulatory investigation
Magna International announced that the CADE, Brazil's competition authority, has attended at the offices of a subsidiary in Brazil, in connection with an ongoing antitrust investigation. Magna's policy is to comply with all applicable laws, including antitrust and competition laws, and we intend to cooperate with CADE in this investigation.

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