UPDATE 2-BorgWarner profit beats Street; raises forecast

Newswire

* Q2 adjusted EPS $1.12 vs Street view 99 cents * Revenue up 28 percent, raises 2011 forecast * Shares up 0.8 pct in premarket trading (Adds details, background, share move) DETROIT, July 28 (Reuters) - Auto parts supplier BorgWarner Inc reported a higher-than-expected quarterly profit on Thursday, driven by increased demand for its fuel-economy technologies. The company, which makes turbochargers, transmission components and other parts, also raised its forecast for 2011 earnings ...

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