Magna International (MGA) news

Magna International (MGA) shares fell 7.20% in intraday trading after the company reported Q2 2026 earnings.

Magna International (MGA) shares declined 7.20% in intraday trading on August 24, 2026, following the release of its Q2 2026 earnings report[1]. The company reported results that fell short of market expectations, prompting a sell-off among investors. While specific earnings figures were not…

Manufacturers Bombardier, Magna shares fall as U.S. tariffs on Canadian goods take effect

As U.S. tariffs on Canadian goods took effect, shares of key manufacturers Bombardier (TSX:BBD.B) and Magna International (TSX:MG) experienced notable declines. The imposition of tariffs has raised concerns over the cost of cross-border trade, particularly for companies that rely heavily on…

Manna'i Corp 1H net income 101M riyals, +44% y/y

Manna'i Corp reported a first-half net income of 101 million riyals for the period ending June 30, 2026, representing a 44% year-over-year increase . This growth highlights the company’s strong performance amid evolving market conditions. The results reflect improved operational efficiency and…

Magna International raises 2026 adj EBIT margin outlook to 6.3%-6.6%

Magna Int'l sees FY sales $41.3B to $42.5B, saw $41.5B to $43.1B

Magna International (Magna) has updated its full-year sales forecast for fiscal 2024, narrowing its projected range to between $41.3 billion and $42.5 billion, compared to its earlier guidance of $41.5 billion to $43.1 billion. The revised outlook reflects ongoing adjustments to market conditions…