BorgWarner Inc

BWA: XNYS (USA)
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BorgWarner Earnings: Double-Digit Profit Growth in a Declining Market

BorgWarner increased second-quarter sales by 0.3% and adjusted operating income by 11% year over year, improving its adjusted operating income margin by 100 basis points to 11.3%. Strong profitability supports an increase in its share repurchase program by $1 billion.

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