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Magna International, Inc. (USA)

  • Driving Home Double Digit Gains In Automotive

    By Ken McGaha - May 22, 2013 | Tickers: AXL, DAN, MGA

    I like to follow economic treads and the effects of those trends of consumer behavior. One thing about Americans that is pretty clear is that we have a love affair with vehicles. Another thing that is clear about our behavior is we tend to buy them when we believe the economy is good or improving. If consumers are buying more vehicles, that action should create conditions that will drive sales more »

  • Following James Barrow into Delphi Automotive

    By Anh HOANG - May 9, 2013 | Tickers: DLPH, DNZOY.PK, MGA

    James Barrow of the Barrow, Hanley, Mewhinney & Strauss fund has had an outstanding performance for the past 15 years. The fund has experienced an annualized return of 6.1% since 1998, beating the S&P 500’s annualized return of 4.5%. At the end of March, Barrow's total AUM has reached more than $55.5 billion. James Barrow holds quite a diversified portfolio with 159 stocks, and the more »

  • More Share Repurchases to Deal with the Activists

    By Mike Thiessen - April 15, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear is one of the world's more »

  • More Share Repurchases to Deal with the Activists

    By Mike Thiessen - April 15, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear is one of the world's more »

  • More Share Repurchases As Deal With The Activist

    By Mike Thiessen - April 12, 2013 | Tickers: JCI, LEA, MGA

    After months of legal wrangling, auto parts manufacturer Lear Corporation (NYSE: LEA) has finally settled with its activist investors and agreed to initiate a program of share buybacks that could ultimately boost the company's stock price. In response to its investors' demands, the company has also agreed to increase the size of its board of directors by adding a single new member.

    Lear Corporation is one of the world more »

  • A Lot of Value Is on the Way for This Company

    By Anh HOANG - April 11, 2013 | Tickers: JCI, LEA, MGA

    Whenever activist investors smell opportunities, they accumulate the company’s shares. Afterwards, they try to nominate their candidates on the company’s board, and demand corporate actions to unlock the potential value of the company.

    In the middle of 2012, two funds, Marcato Capital Management and Oskie Capital Management, which jointly own around 5.6% stake in Lear (NYSE: LEA), requested that it should take some corporate actions to unlock more »

  • A Lot of Value is Coming to This Automotive Seat System Supplier

    By Anh HOANG - April 8, 2013 | Tickers: JCI, LEA, MGA

    Whenever activist investors smell opportunities, they accumulate the company’s shares. Afterwards, they try to nominate their candidates into the company’s board and demand corporate actions to unlock the potential values of the company. In the middle of 2012, two funds, Marcato Capital Management and Oskie Capital Management, which combined own around 5.6% stake in Lear Corp (NYSE: LEA), requested that Lear should take some corporate actions to more »

  • Diversifying Away From General Motors

    By Mark Lin - February 25, 2013 | Tickers: AXL, DAN, MGA

    American Axle & Manufacturing (NYSE: AXL) is a Tier I supplier to the automotive industry. American Axle manufactures, engineers, designs, and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. In addition to locations in the United States (Michigan, Ohio, Pennsylvania and Indiana), it also has offices or facilities in Brazil, China, Germany, India, Japan more »

  • Huge Upside in the Auto Industry

    By Ted Cooper - February 24, 2013 | Tickers: GM, GNTX, MGA

    After a near-death experience in 2009, the U.S. automobile industry persevered through a trying time and has recently prospered on the back of a strong recovery in new auto sales. Shares of Ford and General Motors (NYSE: GM) have soared since the recession, but shares of a lesser-known company -- Gentex (NASDAQ: GNTX) -- have yet to fully price in the recovery in the industry.

    Gentex is an auto parts supplier more »

  • 2 Low PE Stocks You Will Love

    By Madhu Dube - February 10, 2013 | Tickers: DFS, MGA, NOC

    Investors have always shown their love towards low PE stocks. These beaten-up stocks have their price lower relative to net worth and maintain a lower PE in comparison to other industry peers. Investor ideology behind investing in a low PE stock is that it offers them the best bargain for an asset that is likely to gain in the future. Though this strategy paid off in 2012 for investors who more »

  • The Only CAFE That Makes You Lose Weight

    By Maxxwell A.R. Chatsko - November 6, 2012 | Tickers: AA, F, GM, MGA, ZOLT | Editor's Choice

    In late August the White House and EPA announced that new Corporate Average Fuel Economy (CAFE) standards had been finalized. The new laws will bind automakers to flaunt fleets with an average fuel economy of 54.5 mpg by 2025. The average for 2011 model years was just 28.6 mpg. In English: this will be no easy (or inexpensive) feat. 

    Yo car so fat it wishes it was made more »

  • This Billionaire’s Stock Picks Returned 16% Last Quarter

    By Meena Krishnamsetty - November 2, 2012 | Tickers: AAPL, BWA, DLPH, GOOG, MGA

    3G Capital is a New York-based hedge fund that is backed by Brazilian billionaire Jorge Paulo Lemann. Officially the third wealthiest individual in Brazil, Lemann's net worth is estimated to be in excess of $13 billion. Now in his early seventies, Lemann made his vast fortune via a range of investments in his home country, most notably by merging two of Brazil's largest beer breweries and selling them more »

  • Ford, GM Cut Their European Losses

    By Peter Pham - November 1, 2012 | Tickers: F, GM, HMC, MGA, TM

    Ford (NYSE: F) has shocked the 4,300 employees at its 48 year old Belgium assembly plant by announcing the facility’s eventual closure in the next two years, after its workers had agreed to a pay cut. Following the closure, which comes with a price tag of $1.1 billion, the company is aiming to save $730 million annually. It is going to shift some of its vehicle productions more »

  • Gentex SWOT Analysis: No Dim Future

    By Josh Kohn-Lindquist - November 1, 2012 | Tickers: GNTX, MGA

    One of the simplest ways to get an overview of a company's operations is through a SWOT analysis.  Here the main strengths, weaknesses, opportunities, and threats of the company are laid out for all to see.   Having been given a 44% haircut in stock price this year, we will take a look at auto-dimming rearview mirror maker, Gentex Corporation (NASDAQ: GNTX), and see if their future is more »

  • This Company Needs A Jump Start

    By Chad Henage - August 9, 2012 | Tickers: DAN, JCI, LEA, MGA

    Johnson Controls (NYSE: JCI) first came to my attention right after I got out of high school and became interested in the stock market. The company offers a dividend reinvestment plan that anyone can begin with just $50. As a young person, this seemed like the perfect way to get started. A lot has changed about the company since I first looked at it back in the 1990s. With the company's most recent earnings report, there are some truly troubling signs that this old-school company has a long road ahead.

  • Ford’s 'International Engine of the Year 2012' Enters Production in Romania

    By Ovidiu Neacsu - June 28, 2012 | Tickers: DLPH, F, JCI, MGA, TXT

    Ford's (NYSE: F) Romania plant has started the production of its award winning EcoBoost 1.0L – 125Hp petrol engine simultaneously in Craiova, Romania, and Cologne, Germany. The company announced an estimate of 30,000 engines to be delivered from the factory in south-east Romania during the second half of 2012, followed by an increase to approximately 150,000 units in 2013. According to Ford Romania's President, Jan Gijsen more »

  • Why You Should Sell Delphi and Buy GM

    By Meena Krishnamsetty - March 19, 2012 | Tickers: DLPH, F, GM, MGA, TRW

    Shares of Delphi Automotive PLC (NYSE: DLPH) have been on a tear this year.  After opening 2012 at $22.11 per share, shares are now trading hands ~44% higher for the year at $32.00.  DLPH, a leading global vehicle component manufacturer providing electrical and electronic powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets, has seen its shares soar after the company’s reemergence more »

  • Is American Axle Worth a Premium?

    By Bobby Fisher - March 3, 2012 | Tickers: AXL, DAN, MGA

    American Axle (NYSE: AXL) is coming out of a trough that brought it to its 52-week low of $6.77 per share in October of 2011. The stock is now trading in a tight range between $12 and $13 per share on light volume. Over the past 30 days, the stock has been forming a new support level around the $12 per share level. Based on my research below, the more »