09:59 AM EST - Magna International Inc. : reported its fourth-quarter net loss was $139 million U.S., narrower than $148 million U.S. last year. Comprehensive loss for the latest quarter narrowed significantly to $69 million U.S. from $829 million U.S. in the previous year. The company posted sales of $5.42 billion U.S. for the fourth quarter ended December 31, 2009, an increase of 12% from $4.84 billion U.S. the fourth quarter of 2008. Magna International Inc.
shares T.MG.A are trading down $0.41 at $60.00.