AURORA, Ont.—Magna International Inc. had US$458 million of net income in its fourth quarter as sales jumped 14 per cent from a year earlier. The Canadian auto parts giant’s sales sales during the three months ended Dec. 31 rose to…
CEO Ellen Kullman said weaker than expected demand in titanium dioxide and photovoltaic markets contributed to the decline.
Net income rose 49 per cent in third quarter to $3.49-billion
HP’s revenue sank five per cent from last year to $29.7 billion