UPDATE 2-BorgWarner posts higher quarterly profit

Newswire

(Adds sales and outlook details, stock activity) CHICAGO, Oct 26 (Reuters) - Auto-parts maker BorgWarner Inc. on Wednesday posted a 37 percent increase in quarterly profit on higher demand for its engine and drivetrain technology, including turbochargers and transmission components. BorgWarner, whose shares rose 1.7 percent, also tightened its profit outlook for the year. "Despite an increasingly difficult market, we intend to hold our guidance for the year within the lower end of our ...

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