UPDATE 2-Austria provides 38 bln euro aid package, locks down more ski resorts [Reuters]
Magna International, Inc. (MGA)
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Source: Reuters
UPDATE 2-Austria provides 38 bln euro aid package, locks down more ski resorts * Aid package equals 9.5% of Austria’s GDP * 2020 draft budget sees deficit instead of planned surplus * AUA, Magna Steyr, Strabag hit by effects of the virus * Gastein Valley, Großarltal and Flachgau put under lockdown (Adds details, lockdowns in Salzburg province, Strabag) By Kirsti Knolle VIENNA, March 18 (Reuters) - Austria will help with up to 38 billion euros ($42 billion) to secure jobs and keep companies afloat, Chancellor Sebastian Kurz said on Wednesday, joining other European countries providing more funds to keep the coronavirus effects in check. Nearly 1,500 people in Austria are infected and three fatalities have been confirmed. The country has introduced border controls, minimized air traffic, put ski regions under lockdown, closed its schools and most shops and urged Austrians to self-isolate. “With the clear goal, no matter what it takes, we try to support the people in our country,” Kurz t
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- Magna International Inc. (NYSE: MGA) had its price target lowered by analysts at Morgan Stanley from $65.00 to $60.00. They now have an "overweight" rating on the stock.MarketBeat
MGA
Earnings
- 5/3/24 - Miss
MGA
Sec Filings
- 5/10/24 - Form 6-K
- 5/6/24 - Form 6-K
- 5/3/24 - Form 6-K
- MGA's page on the SEC website