Business Expansions, Conference Calls, and Infrastructure Investments - Research Report on Tesla, Johnson Controls, TRW, Tenneco, and BorgWarner
NEW YORK, October 7, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Tesla Motors Inc. (NASDAQ: TSLA), Johnson Controls Inc. (NYSE: JCI), TRW Automotive Holdings Corp. (NYSE: TRW), Tenneco Inc. (NYSE: TEN), and BorgWarner Inc. (NYSE: BWA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tesla Motors Inc. Research Report
On October 3, 2013, the Associated Press (AP) reported that Tesla Motors Inc.'s (Tesla) share price dropped $12.05 to close at $180.95 on October 2, 2013, after a YouTube video showed a Model S sedan blazing after an accident near Seattle. The video was first posted on Jalopnik, a car fan site, which wrote that it came from a reader. AP also reported a statement issued by Tesla saying that fire was caused by "substantial damage" to the car when the driver hit a large metal object in the road. Tesla added that in this accident happened on October 1, 2013, the flames were contained to the front of the $70,000 vehicle due to its design and construction. The Full Research Report on Tesla Motors 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/4e6f_TSLA]
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Johnson Controls Inc. Research Report
On September 30, 2013, Johnson Controls Power Solutions, a Johnson Controls Inc. (Johnson Controls) business, announced that it has expanded its Zwickau, Germany AGM (Absorbent Glass Mat) battery plant with a €100 million investment, making it the world's largest production facility for AGM batteries. The Company stated that the expansion is a direct result of increasing consumer demand for Start-Stop vehicle technology. The Company projects that by 2018 roughly 80% of new cars produced in Europe will have Start-Stop technology. Considering the plant's expansion, the Company informed that it can now produce 6.6 million batteries a year, which is four times the plant's output prior to the expansion. 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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TRW Automotive Holdings Corp. Research Report
On September 27, 2013, TRW Automotive Holdings Corp. (TRW) announced that the Company intends to release its Q3 2013 financial results at 7:00 a.m. ET on October 29, 2013, followed by a conference call at 8:30 a.m. ET. TRW reported that John C. Plant, Chairman and CEO, and Joseph S. Cantie, Executive Vice President and Chief Financial Officer, will discuss the Company's financial results. In a release dated July 30, 2013, TRW had expected full-year 2013 industry production volumes to total 16.1 million units in North America and 18.6 million units in Europe. In the same release, the Company had stated that it expects full-year 2013 sales to range between $16.8 billion and $17.0 billion, with Q3 2013 sales to be approximately $4.1 billion. The Full Research Report on TRW Automotive Holdings Corp. - 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/97cf_TRW]
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Tenneco Inc. Research Report
On October 2, 2013, Tenneco Inc. (Tenneco) announced that the Company will issue its Q3 2013 financial results before the market opens on October 28, 2013, as well as hold a conference call the same day at 8:30 a.m. ET or 7:30 a.m. CT. The purpose of the call is to discuss the Company's results of operations for the last fiscal quarter. Tenneco informed that the call will be hosted by Gregg Sherrill, Chairman and CEO; Hari Nair, Chief Operating Officer; and Ken Trammell, Executive Vice President and CFO. The Full Research Report on Tenneco 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/528a_TEN]
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BorgWarner Inc. Research Report
On September 26, 2013, BorgWarner Inc. (BorgWarner) announced that the Company has expanded its campus in the Podkarpackie Science and Technology Park in Rzeszów, Poland, with a new production plant and engineering center. The Company stated that the 78,500-square-foot (7,300-square-meter) production plant produces advanced chain-driven engine timing systems, including variable cam timing technologies, and provides expanded capacity for transmission components. The Company added that the new technological center aims to broaden its engineering and R&D capabilities, and provides application engineering and design, simulation, testing, and validation as well as material labs and vehicle workshops. James R. Verrier, President and CEO, BorgWarner, said, "Our continued investments in Poland strengthen BorgWarner's market position throughout Europe. The demand for our fuel-efficient technologies is likely to increase within the next few years, especially in Europe where Euro 6 emissions regulations take effect in 2014. The infrastructure of the Rzeszów area gives us the opportunity to meet growing customer demand through localized production."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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