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Industrials News

Magna CEO ready to buy in post-Stronach era

Magna International Inc., the largest auto supplier in North America, will consider purchases of as much as $4 billion US as it distances itself from debt-averse founder Frank Stronach.

Posted on 8-19-2014 at 6:20 PM

Deere posts lower third-quarter profit, but still tops estimates

Deere & Co. posted lower quarterly profit on Wednesday, but still topped estimates, as strong sales of construction and forestry equipment offset declining sales of tractors, harvesters...

Posted on 8-13-2014 at 8:17 AM
Bombardier managers build trains with Ontario workers on strike

Bombardier managers build trains with Ontario workers on strike

Bombardier Inc.’s managers are rolling up their sleeves at an Ontario factory to build Toronto’s subway and streetcar trains as a strike by unionized workers is set to stretch into its...

Posted on 8-12-2014 at 4:38 PM

Tesla reaches all-time high as Deutsche lifts sales forecasts

Tesla Motors Inc. rose to the highest in the company's history after a Deutsche Bank AG analyst raised his target price and rating for the electric-car maker’s shares, citing his...

Posted on 8-11-2014 at 2:35 PM
Ford recalls about 3,000 vehicles in North America

Ford recalls about 3,000 vehicles in North America

Ford Motor Co. is recalling about 3,000 cargo vans and luxury SUVs in North America in three separate actions to address potential brake hose, sliding door and windshield issues, the No. 2...

Posted on 8-08-2014 at 2:50 PM

SNC Lavalin, dogged by old projects, misses profit estimates in second-quarter

SNC-Lavalin Group Inc., Canada’s largest engineering and construction firm, on Friday reported a return to profit in the second quarter that fell sharply below analysts' expectations as...

Posted on 8-08-2014 at 11:36 AM

Magna profit beats estimates due to strong North America, Europe demand

Canadian auto parts maker Magna International Inc. reported a higher-than-expected rise in quarterly profit and raised its full-year sales forecast, helped by strong demand in North America...

Posted on 8-08-2014 at 7:39 AM

Air Canada falls most in 4 weeks as packed planes lower yields

Air Canada fell the most in almost four weeks after the country’s biggest carrier said yields would continue to decline this year as it packs fuller planes.

Posted on 8-07-2014 at 7:40 AM

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