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BorgWarner Inc (BWA.N)

BWA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Borgwarner files for potential mixed shelf offering, size not disclosed
Friday, 17 Feb 2017 10:07am EST 

Borgwarner Inc :Files for potential mixed shelf offering; size not disclosed - sec filing.  Full Article

BorgWarner reports Q4 adj. earnings per share $0.85
Thursday, 9 Feb 2017 06:30am EST 

BorgWarner Inc : BorgWarner reports fourth quarter 2016 U.S. GAAP net loss of $(1.39) per basic share, or earnings of $0.85 per diluted share excluding non-comparable items . Q4 GAAP loss per share $0.85 . Q4 sales $2.259 billion versus I/B/E/S view $2.29 billion . Q4 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.85 excluding items . Sees FY 2017 sales $8.81 billion to $9.04 billion . Fy2017 earnings per share view $3.43, revenue view $9.01 billion -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.83, revenue view $2.25 billion -- Thomson Reuters I/B/E/S . BorgWarner Inc - reaffirms 2017 Q1 and full year guidance range .BorgWarner Inc says reaffirms 2017 Q1 and full year guidance range.  Full Article

BorgWarner Q2 earnings per share $0.76
Thursday, 28 Jul 2016 08:00am EDT 

BorgWarner Inc : Sees FY 2016 earnings per share $3.16 to $3.32 . BorgWarner reports second quarter 2016 U.S. GAAP net earnings of $0.76 per diluted share, or $0.84 per diluted share excluding non-comparable items . Q2 GAAP earnings per share $0.76 . Q2 sales $2.329 billion versus I/B/E/S view $2.33 billion . Q2 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Sees Q3 2016 earnings per share $0.74 to $0.81 . Q2 earnings per share $0.84 excluding items . Narrows full year guidance to high end of previous range . Q3 2016 net sales growth is expected to be within a range of 13.0% to 20.8% compared with Q3 2015 . 2016 net sales growth is now expected to be within a range of 13.7% to 17.5% compared with 2015 . Excluding impact of foreign currencies and Remy acquisition, 2016 net sales growth now expected to be within a range of 3.0% to 5.5%. . 2016 net earnings are now expected to be within a range of $3.16 to $3.32 per diluted share . Q3 earnings per share view $0.77, revenue view $2.18 billion -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $3.23, revenue view $9.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Borgwarner sets quarterly cash dividend of $0.13/shr
Tuesday, 26 Jul 2016 04:30pm EDT 

Borgwarner Inc :Sets quarterly cash dividend of $0.13per share.  Full Article

Borgwarner says will do M&A to enable path to electrification-Wells Fargo Conf
Tuesday, 10 May 2016 11:51am EDT 

Borgwarner Inc : Says watching North America vehicle inventory levels on concerns related to slow down in auto industry later this year . Says sees 30 pct of vehicles to have some sort of electrified powertrain by 2025, but only 5 pct to be pure electric . Says lot of runway left for internal combustion engines . Says building rapidly its power electronics and software capability; and says is not done with M&A . Says will do additional M&A to enable path to electrification Further company coverage: [BWA.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

BorgWarner Inc declares quarterly dividend
Wednesday, 11 Nov 2015 04:20pm EST 

BorgWarner Inc:Declared a quarterly cash dividend of $0.13 per share of common stock.Dividend is payable on December 15, 2015 to shareholders of record on December 1, 2015.  Full Article

BorgWarner completes acquisition of Remy International
Tuesday, 10 Nov 2015 04:30pm EST 

BorgWarner Inc:Has finalized its acquisition of Remy International, Inc.  Full Article

BorgWarner prices EUR500 mln senior notes offering
Monday, 2 Nov 2015 05:26pm EST 

BorgWarner Inc:Announced that it priced a public offering of EUR500 million aggregate principal amount of its 1.80% senior notes due 2022.Expects that it will receive approximately EUR494.1 million of net proceeds from the offering after deducting underwriting discounts, commissions and expenses of the offering.Company intends to use the net proceeds for general corporate purposes.  Full Article

Remy International, Inc. Announces Receipt of Korean Antitrust Approval for BorgWarner Inc.'s Acquisition of Remy International, Inc
Wednesday, 14 Oct 2015 04:30pm EDT 

Remy International, Inc:Says that on October 13, 2015, Korea Fair Trade Commission granted approval of the proposed acquisition of Remy by BorgWarner Inc.As previously announced by Remy, on September 22, 2015, Remy's stockholders adopted the Agreement and Plan of Merger, dated as of July 12, 2015, by and among Remy, BorgWarner and Band Merger Sub, Inc. at special meeting of Remy's stockholders called for such purpose.  Full Article

BorgWarner Inc updates on FY 2015 guidance
Thursday, 30 Jul 2015 08:00am EDT 

BorgWarner Inc:Sees FY 2015 net sales growth to be within a range of -5.5 pct. to -2.5 pct. down from -4 pct. to 0 pct. previously.Sees FY 2015 Net earnings per share, excluding non-comparable items, is now expected to be within a range of $2.95 to $3.10 per diluted share compared with a previous range of $3.10 to $3.30 per diluted share.  Full Article

More From Around the Web

BRIEF-Borgwarner CEO James Verrier's 2016 total compensation was $12.4 mln vs $17.4 mln in 2015

* Borgwarner inc - ceo james r. Verrier's 2016 total compensation was $12.4 million versus $17.4 million in 2015 - sec filing