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Magna International Wire

Comprehensive News Feed for Magna International.

Results 1 - 20 of 1,081 in Magna International

  1. Government aid should be extended to auto parts industry, analysts sayRead the original story

    8 hrs ago | The Victoria Star

    ... the automotive industry have focused on the Detroit Three, auto parts companies - including Canada-based Magna International Inc. (TSX:MG.A) and Linamar Corp. (TSX:LNR) - are actually more vital to the Canadian economy, said Gomes. "The parts ...

    Comment?

    Related Topix: Banking, Financial Services, Bank of Nova Scotia The

  2. Novolipetsk Won't Buy ManeelyRead the original story

    16 hrs ago | The St. Petersburg Times

    ... companies have faced pressure amid the credit-market turmoil. He ceded his stakes in Hochtief and Magna International last month after the shares used as collaterals to finance the acquisitions lost their value. United Company RusAl reduced ...

    Comment?

    Related Topix: Financial Services, Investment Services, Oleg Deripaska

  3. Government aid should be extended to auto parts industry: analystsRead the original story

    17 hrs ago | Sympatico Finance

    ... the automotive industry have focused on the Detroit Three, auto parts companies - including Canada-based Magna International Inc. (TSX:MG.A) and Linamar Corp. (TSX:LNR) - are actually more vital to the Canadian economy, said Gomes. "The parts ...

    Comment?

    Related Topix: Banking, Financial Services, Bank of Nova Scotia The

  4. Government aid should be extended to auto parts industry: analystRead the original story

    18 hrs ago | The Chronicle-Journal

    ... cited is US$25 billion. North American automakers and auto parts manufacturers - including Canada-based Magna International Inc. (TSX:MG.A) and Linamar Corp. (TSX:LNR) - are reeling from the combined effects of slumping U.S. demand for their ...

    Comment?

    Related Topix: Auto Parts, US News, Manufacturing, Automakers

  5. EDC's Chrysler action signals growing fears

    Yesterday | Globeinvestor.com

    ... or two customers or are in peril themselves, said Mr. Dreisig. Two of the largest Canadian parts makers, Magna International Inc. and Martinrea International Inc. , said their receivables are not insured. Magna is carrying an estimated $1.6-billion ...

    Comment?

    Related Topix: GMC GM, GMC, Automakers, General Motors, Manufacturing

  6. What happens to the small-town auto suppliers if the lights go out on the Big Three?

    Yesterday | Holland Sentinel

    ... in 1977 as Prince Corp., sold in 1996 to JCI Magna Donnelly Owned by Ontario-based auto parts maker Magna International Inc. Its Holland operations produce automotive mirrors and vision systems. Employs: 1,995 Established in 1905 as Donnelly, sold ...

    Comment?

    Related Topix: Manufacturing, Automakers, Gentex, Johnson Controls, Textiles, Detroit, MI, Grand Rapids Metro, Holland, MI

  7. Less bang from the lower Canada buckRead the original story

    Sunday | Globeinvestor.com

    ... thinking. Some Canadian firms that rely heavily on exports to the United States are auto parts makers Magna International and Linamar Corp as well as lumber firms West Fraser Timber Co and Canfor Corp . Shares of each of these companies have fallen ...

    Comment?

  8. Bay Street Week Ahead: Less bang from the lower Canada buckRead the original story

    Friday Nov 14 | The StarPhoenix

    ... thinking. Some Canadian firms that rely heavily on exports to the United States are auto parts makers Magna International and Linamar Corp as well as lumber firms West Fraser Timber Co and Canfor Corp . Shares of each of these companies have fallen ...

    Comment?

  9. How Low Can They Go?Read the original story

    Thursday Nov 13 | Investopedia

    ... long term. MI Developments (NYSE: MIM ) MI Developments acts as the real estate arm of auto parts maker Magna International (NYSE: MGA ). This stock has hit plenty of turbulence since it took flight as a spinoff in 2003. Hitting a high near $40 in ...

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    Related Topix: Liz Claiborne, Apparel, Financial Markets, Travel/Tourism, Carnival, Carnival, Janus Capital Group, Financial Services, Investment Services

  10. GM suppliers termed shaky without bailout

    Friday Nov 14 | Toledo Blade

    ... automaker often use receivables to back credit for operations. Those with the highest exposure, such as Magna International Inc., American Axle & Manufacturing Holdings Inc., and Lear Corp., are most at risk, he said. Both American Axle and Lear ...

    Comment?

    Related Topix: Bloomfield Hills, MI, Manufacturing, Automakers

  11. S&P issues warnings about auto supp.....Read the original story

    Thursday Nov 13 | Tribune-Chronicle

    ... from ''BB-,'' sending it deeper into noninvestment grade territory. It also cut the same ratings on Magna International Inc. to ''A-'' from ''A,'' both of which are investment grade. S&P said both companies have ''negative implications,'' meaning ...

    Comment?

    Related Topix: Manufacturing, Automakers, Textiles, Lear Corporation

  12. Goodyear 'disappointed' By Possible S&P DowngradeRead the original story

    Thursday Nov 13 | Fox News

    ... n in sales in 2007 came from U.S. auto makers. Earlier in the day, S&P downgraded Dana Holding Corp. and Magna International Inc. , and put the ratings of more than a dozen auto suppliers, including Goodyear, on review for a possible downgrade.

    Comment?

    Related Topix: Rubber-Plastics, Manufacturing, Industrial Machines, Goodyear Tire and Rubber, Financial Markets, Business News

  13. S&P cuts ratings on Dana, Magna on auto exposureRead the original story

    Thursday Nov 13 | Market Watch

    Standard & Poor's said Thursday that it cut the ratings of Dana Holding Corp. and Magna International Inc.

    Comment?

    Related Topix: Manufacturing, Automakers

  14. Movers roundup: JA Solar, Bob Evans FarmsRead the original story

    Wednesday Nov 12 | Forbes

    ... oritavancin moves closer to a review with the Food and Drug Administration. NEW YORK (AP) - Shares of Magna International Inc. (nyse: MGA - news - people ) fell sharply on Wednesday as an analyst cut his earnings estimate on the auto parts supplier, ...

    Comment?

    Related Topix: Bob Evans Farms, Restaurant Management, Google, Startups

  15. Sputtering auto industry needs more than a bailoutRead the original story

    Wednesday Nov 12 | The Toronto Star

    ... parts industry, a mixture of subsidiaries of U.S. multinationals and Canadian independents (notably Magna International) have faced similar challenges in past recessions. But the current situation has more negative implications for the industry than ...

    Comment?

    Related Topix: Automakers, General Motors

  16. GM's meltdown weighs on TSXRead the original story

    Tuesday Nov 11 | The Vancouver Sun

    ... fallen 77 per cent since Sept. 19. Tire maker Goodyear dropped 82 cents, or 12 per cent, to $6.08 US. Magna International, the biggest Canadian auto parts manufacturer, skidded $3.23, or eight per cent, to $35.72. The Speaker of the U.S. House of ...

    Comment?

    Related Topix: Financial Markets, Cable & Satellite, Telecom, General Motors, Television, North Vancouver (Vancouver, BC), Vancouver, BC, Canada, British Columbia, Mining, Metals

  17. Automotive test lab opens in GreerRead the original story

    Tuesday Nov 11 | The Greenville News

    Another company that provides testing services for the automotive industry has come to the Upstate.

    Comment?

    Related Topix: Greenville Metro, Greenville, SC

  18. MGA Research Corp. opens Upstate officeRead the original story

    Tuesday Nov 11 | GreenvilleOnline.com

    Another company that provides testing services for the automotive industry has come to the Upstate.

    Comment?

    Related Topix: Greenville Metro, Greenville, SC

  19. Canada's Harper Says He Hasn't `Ruled Out' Aid for Struggling Automakers

    Monday Nov 10 | Bloomberg.com

    ... was the worst month for car sales since 1945, according to General Motors Corp., hurting Canada's Magna International, Linamar Corp. and Martinrea International. Those companies sell most of their parts to the U.S. or to GM, Ford Motor Co. and ...

    Comment?

    Related Topix: North America, Canada, World News, Stephen Harper, Auto Dealers, GMC GM, GMC, Manufacturing, Automakers

  20. TSX accepts notice of intention to make Normal Course Issuer BidRead the original story

    Oct 11, 2008 | PR Newswire

    Magna International Inc. today announced that the Toronto Stock Exchange had accepted its Notice of Intention to Make a Normal Course Issuer Bid .

    Comment?

    Related Topix: Manufacturing, Automakers