Friday, July 27, 2012

Investopedia: BorgWarner - Patience May Not Be Futile

With European vehicle production softening and any company with substantial European business facing significant currency headwinds, the question going into BorgWarner's (NYSE:BWA) second quarter seemed to be just how bad things would be. While BorgWarner did disappoint (the second miss in a row) and lower guidance, this remains an interesting growth story within a very mature industry, and one that investors may want to follow a little more closely.

Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/BorgWarner---Patience-May-Not-Be-Futile-BWA-HON-CMI-ETN0727.aspx

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