Tag Archives: reports

Magna International Inc reports higher sales on U.S. demand

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Canadian auto parts maker Magna International Inc reported better-than-expected quarterly sales, helped by demand in the usa. Magna also raised its full-year operating margin forecast on Thursday. The organization sold much of its vehicle interiors business, typically a lower-margin business, to Spain\’s Grupo Antolin in April. U.S. auto sales rose in the first three months of the year, helped by ...

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Wall Street reports! What you need to know before markets open

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U.S. stock index futures are rising today as investors welcomed Greek parliamentary approval of a bailout plan as well as on strong results from Netflix and Intel overnight. The European Central Bank will come across later in the day and therefore are expected to ease its funding squeeze on shuttered Greek banks.Magna International Inc., North America\’s biggest auto-parts maker, decided ...

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