Magna Int'l (MGA) Tops Q4 EPS Views; Approves Two-for-One Split
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Magna Int'l (MGA) Raises Quarterly Dividend 15.8% to $0.44; 1.7% Yield
February 25, 2015 6:47 AM ESTMagna Int'l (NYSE: MGA) declared a quarterly dividend of $0.44 per share, or $1.76 annualized. This is a 15.8% increase from the prior dividend of $0.38.
The dividend will be payable on March 27, 2015, to stockholders of record on March 13, 2015, with an ex-dividend date of March 11,... More
Morgan Stanley Believes Apple (AAPL) CAN Disrupt the Auto Industry
February 24, 2015 11:51 AM ESTMorgan Stanley's auto analyst Adam Jonas and tech analyst Katy Hubberty weighed in on recent media speculation that Apple (NASDAQ: AAPL) is actively pursuing building its own car. The analysts said while this may not be a near-term event, they would not be dismissive of reports the worlds richest, most valuable company is taking on the world's most disruptable business. (highlights from the analysts)
First the analysts note that being in the car is hugely important for Apple. "By our calculations, the automotive TAM is $10 trillion of installed base, with and annual new... More
