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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Bullboard Posts
Comment by ronaldcoon Mar 01, 2013 10:05am
127 Views
Post# 21061459

RE: Why up 3.00 in last five days?

RE: Why up 3.00 in last five days?

It was up because they expected good earnings which they got.  On the other end of it, ATP is down over 30% today after they cut the dividend more than analyst where expecting.  That's how the stock market works, if you're trying to time the market don't expect to get it right all the time.

Bullboard Posts