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BorgWarner Inc (BWA)

BWA on New York Consolidated

40.99USD
26 May 2017
Change (% chg)

$0.56 (+1.39%)
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Latest Key Developments (Source: Significant Developments)

BorgWarner starts production of dual-clutch module
Monday, 22 May 2017 08:30am EDT 

May 22 (Reuters) - BorgWarner Inc ::BorgWarner Inc - started production of a new dual-clutch module family to be featured in latest transmission from ZF.  Full Article

Delphi announces plans for tax-free spin-off of powertrain segment
Wednesday, 3 May 2017 06:44am EDT 

May 3 (Reuters) - Delphi Automotive Plc ::Delphi announces plans for tax-free spin-off of powertrain segment.Delphi automotive - following transaction, which is expected to be completed by march 2018, delphi shareholders will own shares of both companies.Delphi automotive plc - timothy manganello, will become non-executive chairman of new powertrain company's board of directors upon separation.Delphi automotive plc- upon completion of planned spin-off, delphi shareholders will receive shares of powertrain via a pro rata special distribution.Delphi automotive plc - manganello was most recently chairman of board and chief executive officer of borgwarner, inc.Says powertrain intends to have its ordinary shares listed on new york stock exchange.Delphi automotive plc- powertrain intends to have its ordinary shares listed on new york stock exchange.Delphi automotive - liam butterworth, currently senior vice president and president, powertrain systems, will become president and ceo of new entity..Delphi automotive plc - upon completion of planned spin-off, delphi shareholders will receive shares of powertrain via a pro rata special distribution..Delphi automotive plc - powertrain intends to have its ordinary shares listed on new york stock exchange..  Full Article

Borgwarner reports Q1 GAAP EPS $0.89
Thursday, 27 Apr 2017 06:30am EDT 

April 27 (Reuters) - Borgwarner Inc :Company has reaffirmed its 2017 full year organic growth guidance.Full year net sales are expected to be $8.81 billion - $9.04 billion.Borgwarner reports first quarter 2017 U.S. GAAP net earnings of $0.89 per diluted share, or $0.91 per diluted share excluding non-comparable items.Q1 GAAP earnings per share $0.89.Q1 sales rose 6.1 percent to $2.407 billion.Sees FY 2017 sales $8.81 billion to $9.04 billion.Foreign currencies are expected to lower sales by $310 million in FY.Expects Q2 2017 organic net sales growth of 3.0 pct to 6.5 pct.Foreign currencies are expected to lower sales by $115 million, or 5.1 pct in Q2.FY net earnings are now expected to be within a range of $3.50 to $3.60 per diluted share.Qtrly non - GAAP earnings per share $ 0.91.Sees Q2 2017 earnings per share $0.87 to $0.91.Excluding impact of non-comparable items, operating margin is expected to improve by 40 to 50 basis points in FY.Q2 earnings per share view $0.87, revenue view $2.28 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.41, revenue view $8.99 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.84, revenue view $2.25 billion -- Thomson Reuters I/B/E/S.  Full Article

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

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BRIEF-Borgwarner reports Q1 GAAP EPS $0.89

* Company has reaffirmed its 2017 full year organic growth guidance