BorgWarner Inc. (BWA)

BorgWarner today reported third quarter net income was $17.2 million, or $0.15 per diluted share, compared with a loss of $130.4 million, or $(1.12) per diluted share, in third quarter 2008. For the third quarter 2009, sales were $1,027.8 million, down 22.0% compared with $1,316.9 million in the third quarter 2008.
Company's CEO said firm continues to be cautiously optimistic about the fourth quarter.

Oct 28 · 1:28:00 PM · Source: Company News Release
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by Larry Etter