Magna International News

The 10-second takeaway For the quarter ended March 31 , Magna International beat expectations on revenues and beat expectations on earnings per share.

In a report published Monday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Magna International , and raised the price target from $60.00 to $67.00. In the report, Poole noted, "Magna's Q1'13 results significantly exceeded expectations.

Magna International Inc. has hiked its full-year sales forecasts after posting a better-than-expected profit and a 9 percent rise in revenue in the first quarter.

Magna International, Inc. delivered a profit and beat Wall Street's expectations, AND beat the revenue expectation.

The founder of North America's largest auto supplier says the struggling European auto industry will need to get smaller to survive.

Ladies and gentlemen, thank you for standing by. Welcome to the Magna International First Quarter 2013 Results Call.

Hello. I'm Bill Young. The meeting will now come to order. As Chairman of Magna's Board of Directors, I wish to welcome everyone to this 2013 Annual Meeting of the Shareholders of Magna International Inc.

Shares of gold producers slumped after bullion prices fell more than 2 percent to a two-week low, pressured by a stronger dollar and rising stocks markets.

Magna International Inc. , North America's largest auto-parts maker, soared to a record after raising its 2013 sales forecasts and posting earnings that beat analysts' estimates.

Magna International announced its earnings results on Friday. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.13, Analyst Ratings Network reports.

Magna International announced a quarterly dividend on Friday, May 10th, Stock Ratings Network.com reports.

THREE MONTHS ENDED March 31, 2013 March 31, 2012 Sales $ 8,361 $ 7,666 Adjusted EBIT $ 467 $ 444 Income from operations before income taxes $ 457 $ 439 Net income attributable to Magna International Inc.

Green Mountain Coffee Roasters reported higher results after they released the Q1 earnings report.

After ten years in business, Tesla Motors reports its first-ever quarterly profit -- and shares roar off.

The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise.

The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Magna International's revenues will grow 6.2% and EPS will wane -0.7%. The average estimate for revenue is $8.14 billion.

Canadian auto parts maker Magna International plans to cut jobs in Europe and the United States as it seeks to reduce costs and offset weak demand in Europe, Chief Executive Donald Walker told German magazine WirtschaftsWoche.

Canadian auto parts manufacturer Magna International Inc. has had a stellar start to 2013.

Guests are seen during the Magna International annual general meeting in Toronto on Thursday, May 10, 2012.

An explosion at a Magna International divisional plant in Newmarket, ON, a manufacturing facility for Dortec Industries, occurred on Wednesday afternoon.