The Traderszone Network

Published in TZ Latest News 29 July, 2016 by The TZ Newswire Staff

BorgWarner Inc. Raises Bottom End of Guidance

Following a disappointing 2015 and a difficult start to 2016 — management lowered long-term growth forecasts in January — powertrain engineer BorgWarner Inc. (NYSE: BWA) was under pressure to deliver. The first-quarter results saw the company get back on track, and the recent second-quarter earnings saw the company trump its own expectations while slightly raising full-year guidance. Let’s take a closer look at the earnings.

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