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Magna swings to 3Q loss on charges, lower sales

AP — Tue, 04 Nov 2008 13:44:34 +0000

The Canadian auto parts maker Magna International Inc. said Tuesday it swung to a third-quarter loss, cut its full-year sales guidance and slashed its quarterly dividend, saying it doesn’t expect the automotive markets to improve anytime...

Magna Carta Back at National Archives

AP — Tue, 04 Mar 2008 10:29:26 +0000

The Magna Carta is back at the National Archives in Washington.The 710-year-old handwritten copy is on permanent loan from David Rubenstein of The Carlyle Group, a private equity firm.The Magna Carta is a 13th-century forerunner of the Bill of...

Magna Carta Sells for $21.3M in New York

AP — Wed, 19 Dec 2007 02:08:37 +0000

A 710-year-old copy of the declaration of human rights known as the Magna Carta _ the version that became part of English law _ was auctioned for $21.3 million, a Sotheby’s spokeswoman said.The document, which had been expected to draw bids...

Copy of Magna Carta to Be Sold

AP — Wed, 26 Sep 2007 00:31:18 +0000

A 13th-century copy of the Magna Carta, a milestone of English freedom, will be offered for sale in New York in December, Sotheby’s auction house said Tuesday.The vellum manuscript owned by the Perot Foundation is estimated to sell for $20...

Russian investment in Magna triggers speculation about Chrysler bid

Balendu — Fri, 11 May 2007 08:13:21 +0000

Magna International Inc., the Canadian auto-parts maker bidding for Chrysler, has announced that Russian billionaire Oleg Deripaska will buy a stake in the company to help Magna expand in Eastern Europe and Russia. Oleg Deripaska, the...