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Stock Market & Financial Investment News

News Breaks
July 21, 2014
16:11 EDTBWABorgWarner increases quarterly dividend 4% to 13c
BorgWarner declared a 4% increase in the quarterly cash dividend to 13c per share of common stock. The dividend is payable on September 16 to shareholders of record on September 2.
News For BWA From The Last 14 Days
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September 8, 2014
13:26 EDTBWAFord falls after two notch downgrade at Morgan Stanley
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07:59 EDTBWAMorgan Stanley downgrades Auto sector to Cautious, downgrades Ford
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September 5, 2014
08:04 EDTBWABorgWarner opens new production plant in Taicang, China
BorgWarner opened its new production facility in Taicang, China, on September 4. With a building area of 161,500 square feet, BorgWarner's new green facility is located in a development area close to Shanghai and is its second turbocharger plant in China. The new BorgWarner facility will produce advanced turbocharging technologies for several automakers. BorgWarner expects the Chinese light vehicle turbocharger market to more than double from 4.2 million units in 2014 to 8.6 million units by 2019 as emissions standards become increasingly tight. Driven by BorgWarner's escalating growth, the new production plant in Taicang will employ more than 150 people by the end of 2014, and this figure is expected to rise to 500 employees by 2018.

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