STOCK TITAN

Magna International Inc. - MGA STOCK NEWS

Welcome to our dedicated news page for Magna International (Ticker: MGA), a resource for investors and traders seeking the latest updates and insights on Magna International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Magna International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Magna International's position in the market.

Rhea-AI Summary
Magna (MGA) introduces breath and camera-based pre-development technology to combat impaired driving at CES 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
none
-
Rhea-AI Summary
Magna International Inc. (MGA) and 360ofme are hosting the Fifth Women of Inforum@CES event at the 2024 show to showcase and support the work of Inforum, a nonprofit dedicated to accelerating the careers of women and building talent initiatives at companies. The event aims to connect talented women and men within the automotive and other tech-reliant industries to foster diversity, equity, and inclusion in the automotive industry. The reception will be held on Wednesday, January 10, 2024, at the Magna Booth #3725, West Hall of the Las Vegas Convention Center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
conferences
-
Rhea-AI Summary
Magna (MGA) partners with NorthStar, Telia, and Ericsson to enhance its automated driving capabilities by joining the 5G innovation program for industrial enterprises. The partnership establishes a private 5G network at Magna’s test track in Sweden, enabling low latency gigabit speeds and seamless connectivity for new Advanced Driver Assistance System (ADAS) trials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
Rhea-AI Summary
Magna to Showcase Vehicle and Systems Expertise at CES 2024, Ticker: MGA
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
none
-
Rhea-AI Summary
Magna International Inc. reported financial results for Q3 2023. Sales increased by 15% to $10.7 billion, while diluted earnings per share were $1.37. Adjusted diluted earnings per share increased by 33% to $1.46. The company raised its outlook for adjusted EBIT margin and adjusted net income. Global light vehicle production increased by 4%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.12%
Tags
-
Rhea-AI Summary
Magna announces EcoSphere™ product family, a sustainable solution for seating materials
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
Rhea-AI Summary
Magna International Inc. announces date for Q3 2023 results call on November 3, 2023 at 8:00 AM ET. Slide presentation will be available on their website prior to the call. Replay available until November 10, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
-
Rhea-AI Summary
Magna International Inc. to present market position and progress on Go-Forward Strategy, outlook updated to reflect active safety acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
none
-
Rhea-AI Summary
Magna starts production of Gen5 front camera module system for European OEM, supporting various platforms and vehicle models over the next few years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
LG Magna e-Powertrain expands with new production facility in Hungary to support EV market growth
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Magna International Inc.

NYSE:MGA

MGA Rankings

MGA Stock Data

14.41B
286.32M
6.19%
74.42%
3.42%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
Canada
Aurora

About MGA

magna international stanztechnik gmbh automobiltechnik dürbheim is a management consulting company based out of 8 in breiten, dürbheim, germany.