Stocks in Play

Magna International Inc.

11:41 AM EST - Magna International Inc. : reported second-quarter loss of $205 million U.S. or $1.83 U.S. per share, compared to net income of $227 million U.S. or $1.98 U.S. per share last year. Analysts polled by Thomson Reuters expected the company to report a loss of $1.01 U.S. per share for the quarter. Analysts' estimates typically exclude special items. Sales for the quarter were $3.71 billion U.S., compared to $6.71 billion U.S. in the prior-year quarter. Ten analysts had consensus revenue estimate of $4.10 billion U.S. for the quarter. Magna International Inc. shares T.MG.A are trading down $0.39 at $50.99.