Shares of BorgWarner Inc. (NYSE:BWA) ended Thursday session in green amid volatile trading. The shares closed up +0.18 points or 0.52% at $35.09 with 3.54 million shares getting traded. Post opening the session at $34.96, the shares hit an intraday low of $34.80 and an intraday high of $35.37 and the price vacillated in this range throughout the day. The company has a market cap of $7.42 billion and the numbers of outstanding shares have been calculated to be 214.27 million shares.
On Aug. 8, 2016 BorgWarner provides its latest variable turbine geometry (VTG) turbocharging technology for a wide range of Euro 6 diesel engines used for numerous Hyundai and Kia models of the Hyundai Motor Company worldwide. Engineered for high efficiency and reliability, BorgWarner’s VTG technology features electrically actuated vanes and helps a wide range of its customer’s diesel engines comply with current emissions standards. With its industry-leading expertise in advanced turbocharging technologies and its global supplier footprint, BorgWarner supports the production of economical high-performance diesel engines around the world.
“BorgWarner values its long-standing partnership with the Hyundai Motor Company and we are very proud to extend our cooperation by providing our latest VTG turbochargers, which improve fuel economy and enhance performance while reducing emissions, for a majority of their diesel engines,” said Frédéric Lissalde, President and General Manager, BorgWarner Turbo Systems. “This collaboration emphasizes BorgWarner’s role as a leading supplier of state-of-the-art VTG turbocharging technologies and further strengthens our market position in Asia.”
Shares of Graphic Packaging Holding Company (NYSE:GPK) ended Thursday session in green amid volatile trading. The shares closed up +0.33 points or 2.40% at $14.10 with 3.53 million shares getting traded. Post opening the session at $13.81, the shares hit an intraday low of $13.79 and an intraday high of $14.14 and the price vacillated in this range throughout the day. The company has a market cap of $4.45 billion and the numbers of outstanding shares have been calculated to be 319.11 million shares.
Graphic Packaging Holding Company (GPK) provides paper-based packaging solutions to food, beverage, and other consumer products companies. The company operates in three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK) and coated recycled board (CRB) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets.