BWA / BorgWarner cuts 2023 revenue outlook due to weak yuan

Shares of BorgWarner Inc. plunged Thursday after the automotive-products maker missed third-quarter revenue expectations and cut its full-year outlook more_horizontal

Auto parts supplier BorgWarner cut its full-year revenue forecast on Thursday as it expects to take a hit from foreign currency fluctuations, includin more_horizontal

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. more_horizontal

In the latest trading session, BorgWarner (BWA) closed at $39.97, marking a +0.53% move from the previous day. more_horizontal

UAW strike intensifies, affecting the U.S. auto industry, legacy automakers, suppliers, and the steel industry. Tesla and other non-unionized manufact more_horizontal

BorgWarner is aggressively moving towards an EV-based offering to tap into the growing market, after the company changed its strategy in 2021. The com more_horizontal

“Shark Tank” investor Kevin O'Leary predicted mortgage rates will exceed 8%. He also emphasizes the historically low unemployment rate and the imp more_horizontal

PHINIA, a recent spinoff from BorgWarner, the market's response to the spin-off seems to have created an undervalued opportunity as the stock has expe more_horizontal