Magna Announces Fourth Quarter 2020 Results and Outlook einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019
Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019
Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019
Raised quarterly cash dividend by 8% to $0.43 per share
Full Year 2020 Highlights
Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe
Returned $659 million to shareholders primarily through dividends
AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020.
West Fraser Announces 2020 Annual and Fourth Quarter Results, Initiates Normal Course Issuer Bid, Dividend Declared
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VANCOUVER, BC, Feb. 11, 2021 /PRNewswire/ - West Fraser Timber Co. Ltd. ( West Fraser , we , us , our , or the Company ) (TSX and NYSE both under the trading symbol WFG) today reported the fourth quarter and annual results of 2020. All dollar amounts in this news release are expressed in Canadian dollars.
Despite a year filled with uncertainty, West Fraser maintained its strategy and delivered strong results. We minimized COVID-19 related business disruptions, thanks to our focus on workplace safety and the agility of our people and operations, and benefitted from strong demand for our products. The acquisition of Norbord Inc. ( Norbord ) was completed on February 1, 2021. Norbord s complementary products and operations expand West Fraser s geographic and product diversification and positions the
Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2020
To Reposition and Rebrand the Renaissance Washington DC to The Westin Washington DC
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IRVINE, Calif., Feb. 11, 2021 /PRNewswire/ Sunstone Hotel Investors, Inc. (the Company or Sunstone ) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter 2020 Operational Results (as compared to Fourth Quarter 2019):
Resumption of Hotel Operations: 15 of the Company s 17 hotels were in operation as of December 31, 2020 (see details below), and 13 of the Company s 17 hotels were in operation for the entirety of the fourth quarter 2020.
Founded in 1997, Accu-Assembly is an industrial automation company. The company designed the first TOTAL Automatic Storage and Retrieval System for different sizes of SMT component reels.