On Tuesday, Shares of BorgWarner Inc. (NYSE:BWA), lost -3.01% to $43.49.
Two BorgWarner technologies have been named finalists for the prestigious 2016 Automotive News PACE Awards:
- BorgWarner’s patented ceramic diesel cold-start system with closed-loop temperature control reduces emissions while improving fuel economy 2 – 3 percent contrast with traditional glow plugs. The innovative closed-loop system measures temperature on the surface of the glow plug and uses a proprietary algorithm to respond accurately and quickly to dynamic engine conditions. Unlike open-loop systems which require calibration and set-up for each vehicle model powered by an engine, BorgWarner’s closed-loop technology requires calibration for the engine only and can operate with any engine control unit (ECU).
- A first-to-market innovation, BorgWarner’s electrical heated thermostat with stroke sensor assists automakers accurately monitor thermostat functions to fulfill new emissions regulations. BorgWarner engineers utilized an innovative combination of wax elements and magnetic field sensors, allowing the ECU to directly and continuously detect thermostat stroke without running the coolant pump. The patented, corrosion-resistant technology maintains the same small package size and interface as a standard thermostat, reduces parasitic losses and improvements fuel economy while improving engine performance and protecting the engine from overheating.
“At BorgWarner, we don’t just talk about innovation—it’s what we do. Since 2005, 20 BorgWarner innovations have been named finalists in the annual PACE Awards. In addition, each of our finalists in this year’s competition has earned multiple patents,” said James R. Verrier, President and Chief Executive Officer, BorgWarner. “We are driven to transform recently’s challenges into tomorrow’s solutions and proud to be honored among this year’s distinguished PACE Award finalists.”
BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company’s Engine segment offers turbochargers, timing devices and chain products, emissions systems, thermal systems, and diesel coldstart and gasoline ignition technology.
Shares of Ross Stores, Inc. (NASDAQ:ROST), declined -2.14% to $49.45, during its last trading session.
Ross Stores, declared the opening of 19 Ross Dress for Less® (“Ross”) and seven dd’s DISCOUNTS stores across 14 different states in September and October. These new locations complete the Company’s 2015 expansion plans to add a total of 90 stores during the year.
“This recent opening group rounds out our 2015 store growth plans to add 70 Ross and 20 dd’s DISCOUNTS locations,” said Jim Fassio, President and Chief Development Officer. “We entered our 34th state in October, opening three new stores in Wisconsin. Our ongoing focus remains on expansion across both existing and newer markets, such as the Midwest. Longer term, we continue to plan for noteworthygrowth throughout all markets, and remain confident that Ross Dress for Less can grow to 2,000 locations and dd’s DISCOUNTS can become a chain of 500 stores.”
Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2014 revenues of $11.0 billion. Presently, the Company operates Ross Dress for Less® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,276 locations in 34 states, the District of Columbia and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also presently operates 172 dd’s DISCOUNTS® in 15 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day
Ross Stores, Inc., together with its auxiliaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States.
Finally, Whole Foods Market, Inc. (NASDAQ:WFM), ended its last trade with -1.22% loss, and closed at $33.24.
Whole Foods Market, declared it will issue financial results for the Company’s fourth fiscal quarter ending September 27, 2015, after the market closes on Wednesday, November 4, 2015.
Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products.
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