BorgWarner cuts 2023 revenue outlook due to weak yuan
Auto parts supplier BorgWarner cut its full-year revenue forecast on Thursday as it expects to take a hit from foreign currency fluctuations, including a weakening Chinese yuan.
Why BorgWarner (BWA) Outpaced the Stock Market Today
In the latest trading session, BorgWarner (BWA) closed at $39.97, marking a +0.53% move from the previous day.
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UAW strike intensifies, affecting the U.S. auto industry, legacy automakers, suppliers, and the steel industry. Tesla and other non-unionized manufacturers may gain, but consumers may feel the pinc...
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BorgWarner is aggressively moving towards an EV-based offering to tap into the growing market, after the company changed its strategy in 2021. The company has completed multiple acquisitions to acc...
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Phinia: Unraveling The Tale Of A Recent BorgWarner Spinoff
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 experienced a notable decline of 26%. As the auto s...
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