TEXT-S&P afms BorgWarner Inc ratings, outlk stable


(The following statement was released by the rating agency) March 25 - Standard & Poor's Ratings Services today revised its outlook on Auburn Hills, Mich.-based BorgWarner Inc. to stable from negative and affirmed the ratings on the company, including the 'BBB' corporate credit rating. "The outlook revision reflects our view that BorgWarner will be able to continue improving its profitability and cash flow in 2010 following four consecutive quarters of sequential improvement to its ...

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