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Magna's quarterly sales fall 7%, unveils share buyback

2015-11-05 14:10:19| Automakers - Topix.net

Canadian auto parts maker Magna International Inc reported a 7 per cent drop in quarterly sales, hurt by a strong U.S. dollar. However, the company raised the low end of its 2015 sales forecast to $31.3-billion from $30.9-billion.

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