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Stock Market & Financial Investment News

News Breaks
February 14, 2013
08:06 EDTBWABorgWarner sees FY13 EPS $5.15-$5.45, consensus $5.29
The company said, "Market conditions were challenging in the fourth quarter. Global light vehicle production in the fourth quarter was up approximately 1% from a year ago, but light vehicle production in Europe, a market which comprises nearly half of our sales, was down approximately 11%. Our sales were flat during the same period, excluding the impact of foreign currencies and 2011 and 2012 dispositions...In 2013, we expect reported sales growth of 2% to 6% compared with 2012, or sales growth of 3% to 7% excluding the impact of 2012 dispositions, earnings of $5.15-$5.45 per diluted share and an operating income margin of 11.5% or better. We anticipate that this will continue our record financial pace despite difficult market conditions in Europe."
News For BWA From The Last 14 Days
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August 28, 2015
10:02 EDTBWAOn The Fly: Analyst Downgrade Summary
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08:58 EDTBWABorgWarner downgraded to Neutral at Baird
As reported previously, Baird downgraded BorgWarner to Neutral from Outperform citing China headwinds, execution concerns and a lack of any near-term catalysts. Baird lowered its price target to $50 from $61 on BorgWarner shares.
06:47 EDTBWABorgWarner downgraded to Neutral from Outperform at Baird
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August 27, 2015
08:18 EDTBWABorgWarner price target lowered to $56 from $66 at Susquehanna
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August 18, 2015
12:45 EDTBWAAuto parts suppliers upgraded as UBS sees China concerns exaggerated
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06:06 EDTBWALear upgraded to Buy from Neutral at UBS
UBS analyst Colin Langan upgraded Lear Corporation to Buy citing the recent pullback in shares. The company's "strong" free cash flow limits the downside risk of shares, Langan tells investors in a research note. The stock is down 11% from the June peak despite Lear's raised margin outlook for 2015, the analyst points out. He views selloff in the U.S. Auto Parts sector as buying opportunity for investors and also upgraded BorgWarner (BWA) this morning to Buy. Langan raised his price target for Lear shares to $124 from $115.
06:01 EDTBWABorgWarner upgraded to Buy from Neutral at UBS
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