<< Read Full Article

BorgWarner Posts 1Q Loss, Revenue Drop

Stock quotes in this article: BWA  

AUBURN HILLS, Mich. (AP) — Auto parts maker BorgWarner Inc. posted a first-quarter loss as revenue dropped by nearly half as it continues to struggle with the deteriorating industry.

The Auburn Hills, Mich., company beat Wall Street expectations and its shares jumped in morning trading.

BorgWarner lost $7 million, or 6 cents per share, compared with an $88.7 million profit, or 75 cents per share in the first quarter of 2008. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,337.05 1,095.94 2,183.73 34.23
Oil *
72.43
UP
51.08
UP
4.01
UP
10.74
UP
0.31
10 Yr
3.42%
SPDR Gold
110.84
+0.50%
+0.37%
+0.49%
+0.91%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services