News

Latest News

Stocks in Play

Dividend Stocks

ETFs

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Magna out with profit news, hits 52-week high

Magna International Inc. (T.MG.A) hit a new 52-week high of $83.22; Magna International Inc. : reported a profit for the second quarter, compared to a loss last year, reflecting improved level of light vehicle production in North America and Western Europe that led to a 63% increase in revenues.

The Aurora, Ontario-based company reported second-quarter net income of $293 million U.S. compared to a loss of $205 million U.S. last year. For the first quarter of the fiscal, the company's net income was $223 million U.S. or $1.97 U.S. per share. Sales in the quarter increased 63% to $6.05 billion U.S. from $3.70 billion U.S. in the second quarter of 2009.

Cardiome Pharma Corp. (T.COM) hit a new 52-week high of $9.59; no news announcements today

Detour Gold Corporation (T.DGC) hit a new 52-week high of $28.27; no news announcements today

Paladin Labs Inc. (T.PLB) hit a new 52-week high of $25.85; no news announcements today

Pacific Rubiales Energy Corp. (T.PRE) hit a new 52-week high of $25.71; no news announcements today

Osisko Mining Corporation (T.OSK) hit a new 52-week high of $13.75; no news announcements today

easyhome Ltd. (T.EH) hit a new 52-week high of $10.21; no news announcements today