TSX drops, Dow sheds more than 1,000 points as spike in coronavirus cases slams markets [Toronto Globe and Mail (Ontario, Canada)]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: Toronto Globe and Mail
TSX drops, Dow sheds more than 1,000 points as spike in coronavirus cases slams markets Stocks took their sharpest downturn in two years in a global sell-off on Monday as reports that the coronavirus is spreading quickly beyond China rattled investors and raised new concerns about the global economy. Major U.S. and European stock benchmarks sank more than 3 per cent, and investors rushed for the safety of bonds and gold. Strength in gold prices, which hit a seven-year high, helped Canada’s main stock index limit its loss to about 1.6 per cent. The coronavirus has for weeks stifled business activity and exports in China as citizens followed orders to stay at home in a bid to arrest the spread. Now, concerns are growing that other countries will feel the economic effects of extended quarantine efforts. “At the beginning [of the coronavirus outbreak], markets were shrugging it off because it was regionalized mostly in Asia,” said Jennifer Lee, senior economist at BMO Nesbitt Burns. But “
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MGA
News
- Battery Housing Market Report 2024, with Profiles of Magna, SGL Carbon, Constellium, Linamar, Minth, Nemak, Novelis, Thyssenkrupp, Proterial, TRB Lightweight and Guangdong Hoshion Aluminium Co. [Yahoo! Finance]Yahoo! Finance
- 3 in 1 Electric Drive Module (eDrive Modules) Market to Expand at a Rate of 15.1% from 2025 to 2034 and Touch USD 447.35 billion by 2034 | PMR [Yahoo! Finance]Yahoo! Finance
- Magna International Inc. (NYSE: MGA) had its price target lowered by analysts at Wells Fargo & Company from $46.00 to $44.00. They now have an "equal weight" rating on the stock.MarketBeat
- Magna International Inc. (NYSE: MGA) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $41.00 price target on the stock, down previously from $42.00.MarketBeat
- Fuel Transfer Pumps Strategic Business Report 2024-2030: DC Pumps Segment is Set to Reach US$1.4 Billion by 2030 with a CAGR of a 5.4%, AC Pumps Segment is Set to Grow at 4.9% CAGR [Yahoo! Finance]Yahoo! Finance
MGA
Earnings
- 11/1/24 - Miss
MGA
Sec Filings
- 11/5/24 - Form 6-K
- 11/1/24 - Form 6-K
- 11/1/24 - Form 6-K
- MGA's page on the SEC website