BUZZ-Magna International Inc: Results beat estimates

Fri Aug 8, 2014 2:37pm EDT
 
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** Canadian auto parts maker's U.S.-listed shares up 6 pct at $111.44

** Company reports higher-than-expected Q2 profit, helped by demand in North America and continued recovery in Europe

** Magna posts Q2 profit of $2.32 per share, higher than average analyst estimate of $2.22