CORRECTED - UPDATE 1-BorgWarner, Honeywell settle dispute; stocks slide


In NEW YORK item headlined "UPDATE 1-BorgWarner, Honeywell settle dispute; stocks slide" please read in headline "Honeywell" instead of "Honewell" (Fixes spelling). A corrected version follows. NEW YORK, June 23 (Reuters) - Auto parts maker BorgWarner Inc. on Monday said it settled a patent dispute with Honeywell International Inc. for $29.1 million. Shares of both companies slid following the announcement. BorgWarner, based in Chicago, said in a statement its turbo systems unit ...

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