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What’s Going On With Magna Shares After Incurring $316M Charges Related To Fisker In Q1?

By Nabaparna Bhattacharya
May 3, 8:48 AM
Magna International shares dip in premarket trading following Q1 results, including $316 million charges related to Fisker, despite beating revenue expectations and reporting increased adjusted EBIT.

FSRN

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Magna International 2024 Outlook Updated: Expects Sales Of $42.6B-$44.2B (Prior $43.8B-$45.4B) Vs $44.443B Est, Sees Adj. Net Income Of $1.5B – $1.7B (Prior $1.6B-$1.8B)

By Benzinga Newsdesk
May 3, 5:18 AM
Updated 2024 Outlook     Current(2)  Previous Segment Sales  Body Exteriors & Structures   Power & Vision         Seating Systems   Complete Vehicles  

MGA

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Uber-Backed Serve Robotics Expands Production Partnership With Automotive Supplier Magna

By Shivani Kumaresan
April 24, 11:34 AM
Serve Robotics announces an expanded agreement with Magna International to manufacture delivery robots. With Magna's support, Serve aims to deploy 2,000 robots on Uber Eats across various U.S. markets, enhancing logistics efficiency.

MGA

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Serve Robotics Enters Production Agreement With Magna To Scale Robot Manufacturing

By Benzinga Newsdesk
April 24, 8:04 AM
Serve to rely on Magna's manufacturing expertise to scale its fleet to up to 2,000 robots for Uber Eats and for geographic expansionMagna has been licensing Serve's technology to support development of new robotic

MGA

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  • Dividends

Magna International: Dividend Insights

By Benzinga Insights
February 19, 10:45 AM
Wednesday marks the last chance for investors to receive the next dividend payout from Magna International (NYSE:MGA). What’s…

MGA

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These Analysts Slash Their Forecasts On Magna International After Q4 Results

By Avi Kapoor
February 12, 1:39 PM
Magna International Inc (NYSE: MGA) reported mixed fourth-quarter results on Friday.

MGA

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Why Take-Two Interactive Software Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Friday’s Mid-Day Session

By Avi Kapoor
February 9, 2:18 PM
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) fell sharply during Friday’s session following third-quarter results.

AFRM

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Why Is Automotive Supplier Magna Stock Falling Today?

By Vandana Singh
February 9, 11:24 AM
Magna's Q4 2023 performance with $10.45 billion in sales, a 9% YoY increase. Dive into details on dividends, adjusted EBIT, and guidance for fiscal years 2024 and 2026.

MGA

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US Stocks Set To Open Higher, Finish Week Stronger Amid Mixed Earnings: Analyst Sees Another Leg-Up Ahead Of Historically Weak March

By Shanthi Rexaline
February 9, 8:32 AM
The upward momentum that has been in play in recent sessions could cushion the market, especially as most major indices are in uncharted territory.

AFRM

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Magna International Expects 2024 Sales of $43.8B-$45.4B Vs $44.97B Est, Adj Net Income of $1.6B-$1.8B

By Benzinga Newsdesk
February 9, 6:07 AM
2024 and 2026 Outlook 2024 2026 Segment Sales         Body Exteriors & Structures         Power

MGA

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