MGA Sep 2024 70.000 call
| Previous Close | 0.2400 |
| Open | 0.2400 |
| Bid | 0.0500 |
| Ask | 0.7500 |
| Strike | 70.00 |
| Expire Date | 2024-09-20 |
| Day's Range | 0.2400 - 0.2400 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 33 |
The Canadian PressMagna reports Q1 profit down from year ago, takes charge related to Fisker
TORONTO — Magna International Inc. says its first-quarter profit fell compared with a year ago as it recorded US$316 million in asset impairments and restructuring costs related to troubled electric vehicle company Fisker. Magna builds the Ocean SUV for Fisker, which failed to make a required interest payment in March and warned it could seek bankruptcy protection. Magna, which keeps its books in U.S. dollars, says it earned US$9 million or three cents US per diluted share for the quarter ended
GlobeNewswireMagna Announces First Quarter 2024 Results
Swamy Kotagiri, Magna’s Chief Executive Officer "Our first quarter results exceeded our expectations for sales and earnings, excluding the impact of impairment charges. As a result of our continued focus on cost containment, customer recoveries and operational excellence, we are maintaining our Adjusted EBIT margin outlook range for 2024 and see continued progress on our planned margin expansion despite uncertainty of electrification volumes and product mix in the industry." - Swamy Kotagiri, Ma
The Motley FoolBull Market and Beyond: 2 Stocks Just Waiting to Soar
Some TSX stocks are trading near their multi-year lows because of slow economic growth. They are just waiting to soar as the economy revives. The post Bull Market and Beyond: 2 Stocks Just Waiting to Soar appeared first on The Motley Fool Canada.
