CORRECTED - BorgWarner quarterly earnings fall 36 percent

Newswire

(Corrects earnings per share comparison, excluding one-time charges, to 77 cents from 81 cents in 3rd paragraph) CHICAGO, Oct 27 (Reuters) - Auto parts maker BorgWarner Inc. on Friday said quarterly earnings fell 36 percent as vehicle production cuts by Detroit-based automakers pressured results. Net income fell to $39.2 million, or 68 cents per share, in the third quarter, from $61.4 million, or $1.07 per share, a year earlier. Revenue rose 1 percent to $1.06 billion. Excluding ...

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