Auto parts supplier Magna International Inc. (NYSE:MGA) – which rose more than 2% to record highs on Friday – posted sales of US$9.17 billion for the fourth quarter ended December 31, 2013, an increase of 14% over the fourth quarter of 2012 as production rose in North America and Europe. Income from operations before income taxes was $514 million, net income attributable was $458 million and diluted earnings per share were $2.03, increases of $173 million, $107 million and $0.54, respectively, each compared to the fourth quarter of 2012. Magna International Inc. (USA) (NYSE:MGA) stock opened at $94.89 in last session, and closed at $96.09, while the day range of MGA stock is $94.10-$96.34.The stock showed a positive weekly performance of 11.34%.
Genuine Parts Company (NYSE:GPC) was upgraded by McLean Capital Management from a “neutral” rating to a “buy” rating in a research note issued on Friday, Analyst RN reports. Genuine Parts Company (NYSE:GPC) stock opened at $88.09, in last session and closed at $87.93, by gained 1.09%.The 52 week range was $70.84-$90.00.Company’s market capitalization is $13.52 billion.
Coast Distribution System (NYSE:CRV) Chairman Thomas R. Mcguire sold 18,369 shares of Coast Distribution System stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $3.24, for a total value of $59,515.56. Following the completion of the sale, the chairman now directly owns 314,215 shares of the company’s stock, valued at approximately $1,018,057. The transaction was disclosed in a document filed with the SEC. The Coast Distribution System, Inc. (NYSE:CRV) stock loosed -5.90% and finished the last session at $3.35.The EPS of the stock remained -0.19.Company’s market capitalization is $17.07 million.
Commercial Vehicle Group (NASDAQ:CVGI) posted its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.01) by $0.03, Analyst Ratings.Net reports. The company had revenue of $183.00 million for the quarter, compared to the consensus estimate of $191.36 million. Commercial Vehicle Group, Inc. (NASDAQ:CVGI) stock opened the session at $8.93, and closed the session at $9.05.The 52 week range of the CVGI stock remained $6.55-$9.96 and the day range was $8.77-$9.09.