UPDATE 1-BorgWarner posts loss, sees flat 2009 sales

Newswire

* Adj. profit of 44 cents/shr vs view of 54 cents * Cites tough conditions in Europe * Shares fall almost 2 pct in premarket trade DETROIT, Oct 29 (Reuters) - U.S. auto parts supplier BorgWarner Inc posted a quarterly loss on Wednesday and said it expected the credit crisis and slower global growth to hurt its results through 2009. The results were worse than expected and the auto supplier warned that its full-year 2008 results would also come in below Wall Street expectations ...

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