Borgwarner Inc SEC Filings

Roku, Inc. (ROKU) has filed a Form 144 indicating a proposed insider sale. The filer—identified in the prior-sale section as Matt Banks—plans to sell 3,360 common shares through Morgan Stanley Smith Barney on or about 08/04/2025 on the NASDAQ. At the reference market price, the transaction is valued at $285,768.67. Roku has 147,330,633 shares outstanding, so the planned sale represents roughly 0.0023 % of total shares.

The filing also discloses that the same individual sold 629 shares on 06/03/2025 for $45,904.42. The shares to be sold derive from restricted-stock awards acquired between September 2023 and June 2025. No adverse, non-public information is acknowledged, satisfying Rule 144 representations. While the dollar amount is modest relative to Roku’s market capitalization, investors often monitor insider activity for sentiment signals.

Air Lease Corp. (AL) Q2-25 10-Q highlights

• Revenue climbed 9.7% YoY to $731.7 m as the owned fleet expanded to 495 aircraft and ancillary income improved.
• Net income surged to $385.2 m and diluted EPS to $3.33, propelled by a $344.0 m insurance recovery related to Russian-detained aircraft; YTD recoveries reach $675.9 m.
• Fleet metrics remain strong: NBV $29.1 bn, average age 4.8 yrs, lease term 7.2 yrs, utilisation 100%.
• Orderbook totals 241 aircraft with $14.1 bn obligations through 2031; 58% already placed, yet both Airbus and Boeing warn of further delivery delays.
• Balance sheet/liquidity: cash $454.8 m plus $7.5 bn undrawn revolver give $7.9 bn liquidity; debt $20.5 bn (76.7% fixed, 97.4% unsecured) at 4.28% blended cost.
• Operating cash flow reached $862 m; quarterly common dividend held at $0.22.
• Key watch-points: rising interest expense (+9% YoY), sizeable cap-ex pipeline, potential tariff impacts and supply-chain delays.

Carter Bankshares (CARE) Q2 2025 results

• Profitability: Net income jumped 77% YoY to $8.5 mn; EPS $0.37 vs $0.21. Six-month earnings up 64% to $17.5 mn ($0.76/share).
• Revenue drivers: Net interest income rose 15% to $32.4 mn as loan yields outpaced funding costs; interest expense fell 4%. Provision swung to a $2.3 mn release, further boosting results.
• Noninterest items: Fee income slipped 11% to $4.9 mn while operating costs increased 7% to $29.3 mn, moderating but not offsetting stronger NII.
• Balance sheet: Loans grew 3% YTD to $3.75 bn; deposits up 2% to $4.22 bn, with CDs still the largest component (45%). Asset base reached $4.78 bn.
• Capital: Shareholders’ equity climbed 6% to $406 mn; AOCI loss improved by $12.3 mn. The company repurchased 547k shares for $9.1 mn (1 % excise tax recorded).
• Strategic move: Acquired two branches in North Carolina on 23 May, adding $55.9 mn in deposits and broadening the growth footprint.

Investor take-away: Strong NII expansion, credit releases and reduced unrealized securities losses drove record quarterly earnings. Continued deposit repricing pressure and higher operating expenses are key risks to monitor.

BorgWarner (BWA) 10-Q – quarter ended 30 Jun 2025. Net sales rose 1.0% to $3.64 bn, but cost inflation and restructuring cut operating income 3% to $289 m and diluted EPS from continuing ops to $1.03 (-26% YoY). Gross margin slipped 110 bp to 17.6%. Six-month revenue was flat (-0.6%) at $7.15 bn; YTD diluted EPS fell 25% to $1.75.

Cash & leverage. Operating cash flow more than doubled to $661 m (H1-24: $344 m) driven by working-capital release, funding $196 m capex and $108 m buybacks while still trimming net debt: short-term borrowings dropped to $6 m (2024YE $398 m) and long-term debt increased modestly to $3.90 bn. Cash & equivalents remain strong at $2.04 bn; total liquidity covers 0.9× LTM sales. Equity improved to $6.07 bn on earnings and a $152 m favorable OCI swing, lowering AOCI deficit to –$868 m.

Strategic moves & charges. The company exited its EV charging business, selling China-based SSE for $7 m and recording $32 m exit costs plus $22 m asset impairments. Combined with ongoing 2024/2023 restructuring plans, total Q2 restructuring expense was $17 m; YTD $48 m. Management reiterated its four-segment structure launched 1 Jul 2024 and booked $6 m CEO transition costs.

Segment trends. eProduct revenue grew 14% to $658 m (18% of sales), partially offsetting a 2% decline in foundational products. Regionally, Asia and Europe remained stable while North America dipped 4%.

Tax & outlook. Effective tax rate normalised to 18% (Q2-24: –10% due to prior-year audit benefits). No forward guidance given in the filing.

BorgWarner (NYSE: BWA) filed a Form 8-K dated 31 Jul 2025. Under Item 2.02 it furnished a press release (Ex. 99.1) announcing financial results for the quarter and six months ended 30 Jun 2025; the filing itself does not contain the underlying figures.

Item 7.01 discloses that the Board declared a regular quarterly cash dividend of $0.17 per share, payable 15 Sep 2025 to shareholders of record 2 Sep 2025. A corresponding dividend press release is provided as Ex. 99.2. All information in Items 2.02 and 7.01 is treated as “furnished,” not “filed,” limiting its incorporation in future SEC documents. No other material events were reported.

• Ex. 99.1 – Q2-25 earnings release
• Ex. 99.2 – dividend announcement
• Ex. 104 – cover page iXBRL