Acquisitions, Financial Results, Two-Year Business Outlook, and Quarterly Dividend - Research Report on Johnson Controls, Delphi, BorgWarner, Allison, and MPA
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NEW YORK, November 15, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Johnson Controls, Inc. (NYSE: JCI), Delphi Automotive PLC (NYSE: DLPH), BorgWarner Inc. (NYSE: BWA), Allison Transmission Holdings, Inc. (NYSE: ALSN), and Motorcar Parts of America, Inc. (NASDAQ: MPAA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson Controls, Inc. Research Report
On November 8, 2013, Johnson Controls, Inc. (Johnson Controls) announced that it has acquired 90% stake in Colombian battery supplier, MAC, strengthening its commitment to the Central and South American automotive battery market. "We are committed to growth in this market," said Jorge Guillen, Vice President and General Manager, Latin America for Johnson Controls Power Solutions. "We will be able to leverage our Brazilian and Mexican operations which will further allow us to capitalize on this investment and continuously improve the products and services we provide to our customers in this region." The Full Research Report on Johnson Controls, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/32fc_JCI
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Delphi Automotive PLC Research Report
On November 5, 2013, Delphi Automotive PLC (Delphi) reported its Q3 2013 financial results. In Q3 2013, the Company's revenue totaled $4.0 billion, up 9.7% YoY, reflecting continued strong growth in Asia and North America. Q3 2013 GAAP net income attributable to the Company was $271 million, or $0.87 per diluted share, compared with that of $269 million, or $0.84 per diluted share, in Q3 2012. "Overall, we had a great quarter. Although we remain cautious, the European market seems to be stabilizing," said Rodney O'Neal, CEO and President of Delphi. The Full Research Report on Delphi Automotive PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/833b_DLPH
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BorgWarner Inc. Research Report
On November 5, 2013, BorgWarner Inc. (BorgWarner) reported its business outlook for 2014 through 2016. The Company stated that it expects $2.9 billion of net new powertrain business for 2014 through 2016, up 26% from the previous three-year net new business. BorgWarner also expects the demand for the Company's advanced powertrain technologies, such as gasoline and diesel turbochargers, all-wheel drive systems, engine timing systems including variable cam timing devices, and emissions products, to continue to drive strong growth. "Improving fuel economy, lowering emissions and enhancing the driving experience are increasingly important strategic initiatives for automakers around the world," said James R. Verrier, President and CEO of BorgWarner. "BorgWarner is uniquely positioned among vehicle suppliers to deliver powertrain technologies that help automakers meet these objectives. We believe our fuel-efficient technologies will be in high demand as the industry continues to implement advanced powertrain strategies." The Full Research Report on BorgWarner Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/70ad_BWA
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Allison Transmission Holdings, Inc. Research Report
On November 7, 2013, Allison Transmission Holdings, Inc. (Allison) announced that its Board of Directors has declared a cash dividend of $0.12 per share on the Company's common stock and non-voting common stock for Q4 2013. According to the Company, the dividend will be paid on December 2, 2013, to stockholders of record at the close of business on November 18, 2013. The Full Research Report on Allison Transmission Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/cef2_ALSN
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Motorcar Parts of America, Inc. Research Report
On November 12, 2013, Motorcar Parts of America, Inc. (MPA) reported its Q2 FY 2014 (period ended September 30, 2013) financial results. In Q2 FY 2014, the Company's net sales totaled at $66.2 million, up 14.8% YoY. Q2 FY2014 net income was $2.2 million, or $0.15 per diluted share, compared with net loss of $8.9 million, or $0.62 per diluted share, in Q2 FY 2013. "The automotive aftermarket industry remains strong, particularly for rotating electrical products and other non-discretionary parts. For the second half of fiscal 2014, we anticipate continued momentum in our base business, enhanced by further growth of our wheel hub assembly business," said Selwyn Joffe, Chairman, President, and CEO of MPA. The Full Research Report on Motorcar Parts of America, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/dcda_MPAA
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