Moody's Ratings (Moody's) said that Dana Incorporated's (Dana) announcement that it had reached a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings, Inc. (Allison) for $2.7 billion (expected net proceeds of $2.4 billion) is credit positive. We expect the company ...
Martinrea International Inc. Holds Annual General Meeting TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (“Martinrea” or the “Company”) (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting. Rob Wildeboer, the Company’s Executive Chairman, stated: “We would like to thank our shareholders for their strong show of support. As a board, we will c...
Martinrea International Inc. Announces TSX Approval of Normal Course Issuer Bid TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- (TSX: MRE) (“Martinrea” or the “Company”), today announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, its notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Martinrea is entitled to purchase for cancellation up to 7,110,571 common shares (“Shares”) over a 12-month period, representing approximately 10% of the public float, being 71,105,709 of the Shares currently outstanding. The NC...
Martinrea International Inc. Reports First Quarter Results and Declares Dividend TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2025, and declared a quarterly cash dividend of $0.05 per share. FIRST-QUARTER HIGHLIGHTS Total sales of $1,168.2 million, production sales of $1,125.7 millio...
Martinrea International Inc. to Announce First Quarter Results on May 1, 2025 TORONTO, April 24, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the first quarter ended March 31, 2025 on Thursday, May 1, 2025 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern Time. To participate, please dial 416-641-6104 (Toronto area) or 800-952-5114 (toll free Canada and US) and enter participant code 9082769#. Please call 10 minutes prior to the start of the confere...
A director at Martinrea International Inc bought 13,300 shares at 7.900CAD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ...
Martinrea International Inc. Publishes 2024 Sustainability Report TORONTO, March 07, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its on March 6, 2025. “As a Company, we recognize in order to ‘Leave It Better,’ we need to focus on creative and innovative approaches to sustainability,” said Pat D’Eramo, CEO. “Our team continues to drive advancements in produc...
Martinrea International Inc. Reports Year End and Fourth Quarter Results and Announces Dividend TORONTO, March 06, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the fourth quarter and year ended December 31, 2024, and declared a quarterly cash dividend of $0.05 per share. HIGHLIGHTS Full Year 2024: Total sales of $5,014.1 million, p...
Martinrea International Inc. to Announce Fourth Quarter and Full Year Results on March 6, 2025 TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the fourth quarter and year ended December 31, 2024 on Thursday, March 6, 2025 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern Time. To participate, please dial 416-641-6104 (Toronto area) or 800-952-5114 (toll free Canada and US) and enter participant code 8223227#. Please call 10 minutes pr...
Following the recent results season where several leading semiconductor and SPE companies globally produced either disappointing results or guidance, we look at where the semiconductor industry is at present, where it looks to be headed in 2025 and identify opportunities in the Japanese IC / SPE space.
Martinrea International Inc. Reports Solid Third Quarter Results and Declares Dividend TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2024, and declared a quarterly cash dividend of $0.05 per share. HIGHLIGHTS Third quarter total sales of $1,237.5 million, production sales of $1,1...
Martinrea International Inc. to Announce Third Quarter Results on November 12, 2024 TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the third quarter ended September 30, 2024 on Tuesday, November 12, 2024 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern Time. To participate, please dial 416-641-6104 (Toronto area) or 800-952-5114 (toll free Canada and US) and enter participant code 1624622#. Please call 10 minutes prior to the start ...
Tags: Denso (6902 JT), Toyota Motor (7203 JT), Subaru (7270 JT), Volvo (VOLVB SS), Suzuki Motor (7269 JT), Daihatsu (unlisted), Stellantis (STLA US), Aisin (7259 JT) Results of two automakers were released during market hours on 31 oct. Weak OEM producton led Denso to revise down its full-year FY24 OP guiance by -20.5%. However, the firm also announced a large share buyback program which seemed to offset the weak earnings and led to the shares closing up on a down day in the market. Meanwhile,...
When the BoJ raised rates in March, it had been 17 years since it had last done so, though the world was very different then. While the July rate hike was unlikely to move the economic needle, the question now is what else might follow the subsequent financial market maelstrom. Pelham Smithers discusses the outlook for Japan’s macro environment, what new fiscal policies the new PM might introduce, how the BoJ might react and the all-important trend in corporate earnings. This then leads us to...
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