It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Score ...

AUBURN HILLS, Mich., May 30, 2024 /PRNewswire/ -- BorgWarner has been awarded on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30th, 2024, and can be viewed on the usatoday.com. The America's Climate Leaders of 2024 award is based on a two-step process. First is the application and research phase. Companies could be included on ...

• Company Also Establishes New Business Unit Structure AUBURN HILLS, Mich., May 30, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that Joseph Fadool, current Vice President of BorgWarner Inc. and President and GM, Emissions, Thermal and Turbo Systems, has been promoted to Executive Vice President and Chief Operating Officer of BorgWarner Inc., effective July 1, 2024. As Chief Operating Officer, Mr. Fadool will be responsible for the operations of the Company with the business unit preside ...

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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What ...

As the first-quarter 2024 earnings season for the auto sector draws to a close, a mixed picture is emerging. Per the Earnings Trends report dated May 8, the beat ratio for the bottom line was 62.5%, while the same for the top line was 50%. While overall earnings of the sector have declined 19% year over year amid macroeconomic uncertainty due to inflationary pressures and geopolitical tensions, there is still some optimism left.A few prominent players in the industry — General Motors (GM) , BorgWarner (BWA) ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

With that, IÂ'm happy to turn the call over to Fred. Thank you, Pat, and good day, everyone. IÂ'm very pleased to share our results for the first quarter of 2024 and provide an overall company update, starting on Slide 5. With approximately three billion in sales, we delivered close to 7% organic growth in the quarter despite a modest industry decline. Additionally, we continue to take steps in the quarter to create longer value for our shareholders. We secured multiple new eProduct awards. These awards onc ...

2023 Structural Costs Plan In 2023, the Company announced a $130 million to $150 million restructuring plan to address structural costs primarily in its Foundational products businesses. During the three months ended March 31, 2024 and 2023, the Company recorded $19 million and $3 million, respectively, of restructuring costs related to this plan. Cumulatively, the Company has incurred $98 million of restructuring charges related to this plan. The following provides details of restructuring expense incurred ...

BorgWarner Inc. (BWA) reported adjusted earnings of $1.03 per share for first-quarter 2024, down from $1.09 per share recorded in the prior-year quarter. The bottom line, however, surpassed the Zacks Consensus Estimate of 87 cents.The automotive equipment supplier reported net sales of $3.6 billion, beating the Zacks Consensus Estimate of $3.52 billion. The top line, however, declined 13.9% year over year.Segmental PerformanceAir Management: Net sales totaled $2.03 billion in the reported quarter compared w ...