icon
0%

Borgwarner BWA - News Analyzed: 3,844 - Today: 100 - Last Week: 100 - Last Month: 500

⇗ BorgWarner BWA: Mixed Market Performance with Promising Business Developments

BorgWarner BWA: Mixed Market Performance with Promising Business Developments
Recent updates reveal that BorgWarner's (BWA) stock has been on a roller coaster, fluctuating between underperforming and surpassing market expectations. Even though the stock has faced some rough patches, Sanctuary Advisors LLC purchased around 50,638 in BorgWarner shares, and Albar Capital Ltd invested $4.16 Million in BorgWarner. Joseph Fadool was announced as BorgWarner's new Chief Operating Officer, hinting at a strong change in governance. Meanwhile, BorgWarner received a significant $3 million Grant from California Energy Commission for an innovative Vehicle-to-Grid project. In a remarkable venture, BorgWarner launched the largest passenger car twin turbochargers to power General Motors' Corvette. On the downside, BWA reduced their 2023 revenue outlook due to weak yuan, thereby impacting stock performance. BorgWarner defended itself in an investigation initiated by a former Louisiana Attorney General. The company also intends to acquire Delphi Technologies in a $3.3 Billion Deal.

Borgwarner BWA News Analytics from Thu, 25 Jul 2019 07:00:00 GMT to Fri, 11 Oct 2024 21:21:00 GMT - Rating 4 - Innovation 5 - Information 7 - Rumor 2

The email address you have entered is invalid.