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Magna International Is An Undervalued Play On Increased Auto Sales

2015-01-04 19:26:22| Automakers - Topix.net

Magna International is well positioned for strong gains in 2015 and beyond on higher auto sales. The stock's undervaluation is likely to add to these gains when looking ahead.

Tags: international auto sales play

 

Magna International Is An Undervalued Play On Increased Auto Sales

2015-01-04 12:27:33| Auto Dealers - Topix.net

Magna International is well positioned for strong gains in 2015 and beyond on higher auto sales. The stock's undervaluation is likely to add to these gains when looking ahead.

Tags: international auto sales play

 
 

Magna Automotive helps startups with tech mentor program

2014-12-15 17:27:36| Canadian Plastics Headlines

Aurora, Ont.-based auto parts supplier Magna International Inc. is partnering with Ford Motor Co., Verizon Telematics, Inc. and Techstars, a mentor-driven seed stage investment organization, to launch a program designed to assist startup companies. Called Techstars Mobility, driven by Detroit,…

Tags: program tech automotive helps

 

Magna obtains issuer bid exemption orders to permit purchases by way of private agreement

2014-11-26 03:01:35| Automakers - Topix.net

Any purchases of our Common Shares made by way of private agreement under the Orders will be at a discount to the prevailing market price, may be made in tranches over time, and must otherwise comply with the terms of each of the Orders, including that: only one such purchase is permitted per calendar week; any such purchase must occur prior to the expiry of our Normal Course Issuer Bid on ; and the maximum number of Common Shares which may be purchased by way of all such private agreements cannot exceed 6,666,666, being one-third of the total number of Common Shares which may be purchased under the Bid.

Tags: private agreement orders bid

 

Magna International - Auto Parts Giant Has 75% Upside

2014-11-09 16:21:25| Auto Parts - Topix.net

The firm trades at just 10 times forward projected earnings, despite an annual earnings growth rate in the mid-teens. Despite operating in a cyclical industry, Magna has a pristine balance sheet that gives the company impressive flexibility moving forward.

Tags: international auto parts giant

 

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