10:48 AM EST - Magna International Inc. : reported financial results for the third quarter ended September 30, 2011. Magna posted sales of $7.0 billion U.S., an increase of 21% from the third quarter of 2010. During the third quarter of 2011, operating income was $164 million U.S., net income attributable to Magna International Inc. was $102 million U.S. and diluted earnings per share were $0.42 U.S., decreases of $164 million, and $0.72, respectively, each compared to the third quarter of 2010. Magna International Inc.
shares T.MG are trading down $1.34 at $34.65.
