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Stock Market & Financial Investment News

News Breaks
July 17, 2014
09:23 EDTBWABorgWarner price target raised to $76 from $67 at KeyBanc
KeyBanc increased its price target on BorgWarner as the firm thinks the company's Q2 results could be significantly better than expected. The firm also believes that the company's FY14 EPS could beat Street expectations by as much as 10%. The firm reiterates a Buy rating on the shares.
News For BWA From The Last 14 Days
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January 14, 2015
11:22 EDTBWABorgWarner sell-off creates attractive entry point, says Wells Fargo
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10:36 EDTBWABorgWarner sees FY15 free cash flow $350M-$400M
10:36 EDTBWABorgWarner sees FY15 operating income as percentage of sales above 13%
The company expects operating income as a percentage of net sales to be "above 13%" in 2015, up from its guidance of "approaching 13%" for 2014. The improvement can be largely attributed to incremental income from higher net sales and an ongoing focus on managing costs. Strong operational performance is expected to offset the costs of global growth, restructuring-related inefficiencies and other inflationary cost pressures.
10:35 EDTBWABorgWarner sees FY15 EPS ex-items $3.60-$3.75, consensus $3.74
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10:33 EDTBWABorgWarner backs FY14 EPS ex-items $3.23-$3.28, consensus $3.27
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07:34 EDTBWADeutsche Bank to hold a conference
2015 Global Auto Industry Conference is being held in Detroit on January 13-15 with webcasted company presentations to begin on January 14 at 7:15 am; not all company presentations may be webcasted. Webcast Link
January 13, 2015
08:11 EDTBWABorgWarner reaches 1M VCT phasers produced milestone in chinese plant
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