The Daily Chase: Canadian companies report strong profits [BNN Bloomberg (Canada)]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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magna.com/investors
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Source: BNN Bloomberg
The air carrier saw stronger-than-expected demand across both cargo and passenger segments . The airline also reported growth in Atlantic and Pacific revenue, even as transborder travel to the U.S. declined. Magna raises forecast : Despite the turmoil in the auto sector, Canadian parts giant Magna International has raised its sales forecast for 2026. Magna now expects revenue of more than US$42 billion this year. In the quarter just ended the company took a loss of US$1 million, mainly due to a large write-down in its electronics unit. Stripping that out, Magna's adjusted profit came in well above analyst expectations. Profit surge at Agnico-Eagle : Profit surged in the latest quarter at Agnico-Eagle Mines , as the price of gold took off. The Toronto-based miner reported net income of US$1.52 billion, up from US$509 million during the same period a year earlier . Agnico mined 3.45 million ounces last year, overtaking Barrick Mining to become the world's second-biggest gold produce
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MGA
News
- Magna International (NYSE:MGA) (TSE:MG) was upgraded by analysts at CIBC from a "neutral" rating to an "outperformer" rating. They now have a $76.00 price target on the stock, up previously from $56.00.MarketBeat
- ??????????????????????? - ??????????????????2026-2035? [CNET News]CNET News
- Magna International (NYSE:MGA) (TSE:MG) was upgraded by analysts at Canadian Imperial Bank of Commerce from a "hold" rating to a "strong-buy" rating.MarketBeat
- ?????????? ???????? - ??????????????????2026-2035? [CNET News]CNET News
- Trump Tariffs: 3 TSX Stocks That Could Take a Beating [Yahoo! Finance Canada]Yahoo! Finance Canada
MGA
Earnings
- 2/13/26 - Beat
MGA
Sec Filings
- 2/20/26 - Form 144
- 2/20/26 - Form 144
- 2/20/26 - Form 144
- MGA's page on the SEC website