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Stock Market & Financial Investment News

News Breaks
April 7, 2014
09:03 EDTMGAMagna expands Dortec manufacturing facility
Magna announced that its Magna Closures operating unit has expanded its Dortec manufacturing facility to begin producing electronic systems and modules for the automotive industry. The $1.5M expansion will create 75 new jobs.
News For MGA From The Last 14 Days
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December 19, 2014
09:24 EDTMGAJohnson Controls Magna could be hurt by Toyota consolidation, says Wells Fargo
Wells Fargo beleives that Johnson Controls (JCI) and Magna (MGA) could be hurt in the intermediate term by Toyota's (TM) decision to merge the seating manufacturing operations of four of its affiliates. Wells thinks Toyota's move should make bidding for seating deals more competitive. It keeps Market Perform ratings on Johnson Controls and Magna.

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