Cummins and Isuzu Motors Limited Introduce New 6.7-Liter Engine for Japan, Southeast Asia and Other Global Markets
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (hereinafter “Isuzu”), a leading global truck manufacturer headquartered in Japan, are launching a new 6.7-liter engine jointly developed by the two companies, designed for use in Isuzu's new medium-duty truck lineup. The “Isuzu DB6A” will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year. The engine will b.
- 05/13/2024
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Overlooked AI Gems: 3 Under-the-Radar Stocks With Massive Potential
- Everyone who has tried generative AI knows it's a transformational technology. And it isn't a fad; artificial intelligence will be with us for decades.
- 05/10/2024
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Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.
- The new Cummins lease further solidifies Mohr Logistics Park's status as a blue-chip industrial park WHITELAND, Ind. , May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
- 05/09/2024
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Accelera Battery System to Power BMC Otomotiv Electric Transit Buses in Europe
- COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], is collaborating with BMC Otomotiv, a leading manufacturer of buses and trucks in Turkey and throughout Europe, to provide battery solutions for their transit bus operations. The companies have signed a letter of intent (LOI) for Accelera to power BMC's city buses. This marks the first time the BP97E, Accelera's latest nickel manganese cobalt (NMC) battery pack, will be used i.
- 05/07/2024
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Stock Market Crash Alert: 3 Must-Buy Hydrogen Stocks When Prices Plunge
- The Global X Hydrogen ETF (NASDAQ: HYDR ) was launched on July 12, 2021. The ETF included hydrogen stocks to buy that were benefiting from the global hydrogen industry.
- 05/02/2024
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Cummins (CMI) Q1 Earnings Miss, Fall Y/Y, Sales Top Estimates
- For full-year 2024, Cummins (CMI) expects revenues to decline 2-5% year over year. It expects EBITDA margins in the range of 14.5-15.5% of sales.
- 05/02/2024
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Cummins Inc. (CMI) Q1 2024 Earnings Call Transcript
- Cummins Inc. (NYSE:CMI ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Nicole DeBlase - Deutsche Bank David Raso - Evercore ISI Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Rob Wertheimer - Melius Research Noah Kaye - Oppenheimer Jamie Cook - Truist Securities Jeff Kauffman - Vertical Research Operator Greetings and welcome to Q1 2024 Cummins Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 05/02/2024
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Cummins (CMI) Reports Q1 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/02/2024
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Cummins (CMI) Lags Q1 Earnings Estimates
- Cummins (CMI) came out with quarterly earnings of $5.10 per share, missing the Zacks Consensus Estimate of $5.11 per share. This compares to earnings of $5.55 per share a year ago.
- 05/02/2024
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Cummins Reports First Quarter 2024 Results
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024. “We continued to see strong demand from customers in the first quarter of 2024, reflecting the quality and performance of our products,” said Jennifer Rumsey, Chair and CEO. “We delivered solid profitability and also completed the separation of Atmus, allowing Cummins to continue its focus on advancing innovative power solutions and positioning Atmus to pursue its own plans for profit.
- 05/02/2024
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Here are the AI industrial names powering Big Tech
- CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.
- 04/29/2024
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Cummins (CMI) to Report Q1 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for Cummins' (CMI) first-quarter earnings per share and revenues is pegged at $5.11 and $8.36 billion, respectively.
- 04/29/2024
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Seeking Clues to Cummins (CMI) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Cummins (CMI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
- 04/29/2024
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Cummins (CMI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Cummins (CMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2024
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BAE Systems to collaborate with Cummins on 2027 and beyond hybrid drivetrain for transit bus industry
- Cummins' B hybrid-compatible diesel engine with BAE Systems' drivetrain system targeted for launch in 2027 ENDICOTT, N.Y. , April 24, 2024 /PRNewswire/ -- BAE Systems (LON: BA) and Cummins Inc. have announced plans to collaborate on the integration and certification of a B hybrid-compatible diesel engine and hybrid electric drivetrain for the transit market, targeted for launch in 2027.
- 04/24/2024
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Cummins (CMI) Ascends But Remains Behind Market: Some Facts to Note
- Cummins (CMI) concluded the recent trading session at $292.70, signifying a +0.79% move from its prior day's close.
- 04/23/2024
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The Top 3 Hydrogen Stocks Leading the Green Energy Revolution
- The road to net zero has pushed hydrogen into the spotlight as a clean energy solution. As an emerging player in the world economy's road to decarbonization, the hydrogen market also offers potential for significant growth.
- 04/16/2024
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Cummins: It's Too Late To Buy This Dividend Growth Stock
- Since my article in December, shares of Cummins have sharply rallied and vastly outperformed the S&P 500 index. The industrial sector topped the analyst consensus for revenue while missing on adjusted diluted EPS in Q4. Cummins still boasts an A credit rating from S&P on a stable outlook.
- 04/12/2024
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5 High Short Interest Stocks Getting Squeezed With Upside To Go
- High short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shorted stocks listed on Marketbeat's platform, offer some value, have positive market sentiment, and a forecast for growth.
- 04/05/2024
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Cummins stock price forecast: firing on all cylinders
- Cummins (NYSE: CMI) stock price has silently surged to a record high, joining other industrial giants like Emerson Electric, Rolls-Royce, and Illinois Tool Works. It has jumped for three straight weeks, reaching a record high of $295.
- 03/29/2024
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The EPA Wants Greener Trucks. Why That's Fine for Diesel Engine Giant Cummins.
- It makes diesel engines but it also invests in practically everything else.
- 03/29/2024
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Cummins (CMI) Exceeds Market Returns: Some Facts to Consider
- In the closing of the recent trading day, Cummins (CMI) stood at $294.69, denoting a +0.98% change from the preceding trading day.
- 03/27/2024
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Cummins (CMI) Stock Declines While Market Improves: Some Information for Investors
- In the most recent trading session, Cummins (CMI) closed at $281.01, indicating a -1.79% shift from the previous trading day.
- 03/19/2024
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Small Investors Could Have Made $5,000 on Cummins Exchange for Atmus Stock
- The split-off represented a rare opportunity for small investors to get more lucrative terms than big investors.
- 03/15/2024
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Cummins (CMI) Increases Despite Market Slip: Here's What You Need to Know
- Cummins (CMI) concluded the recent trading session at $270.24, signifying a +0.17% move from its prior day's close.
- 03/13/2024
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Cummins CEO on driving EV adoption: You need incentives and the right regulatory framework
- Jennifer Rumsey, Cummins CEO and Business Roundtable energy & environment committee chair, joins 'Squawk Box' to discuss the state of the economy, SEC's climate change disclosure rules, the company's commercial EV bet, workforce development, and more.
- 03/07/2024
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Cummins CEO: No Significant Impact From Red Sea Crisis
- Cummins CEO Jennifer Rumsey says the company is seeing strong demand across many of its markets during an interview on Bloomberg Television.
- 02/21/2024
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Cummins CEO on Q4 earnings miss
- Jennifer Rumsey, Cummins CEO, joins 'Power Lunch' to discuss the company's q4 earnings, partnerships and outlook.
- 02/06/2024
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Cummins (CMI) Q4 Earnings Miss Estimates, Revenues Rise Y/Y
- For full-year 2024, Cummins (CMI) expects revenues to decline 2-5% year over year.
- 02/06/2024
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Cummins (CMI) Reports Q4 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/06/2024
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Cummins (CMI) Q4 Earnings Lag Estimates
- Cummins (CMI) came out with quarterly earnings of $4.14 per share, missing the Zacks Consensus Estimate of $4.41 per share. This compares to earnings of $4.52 per share a year ago.
- 02/06/2024
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Cummins Stock Is Slipping. Sales Guidance Was Weak.
- For 2024, engine maker Cummins expects to generate sales of about $30 billion, short of the $33.2 billion Wall Street had expected.
- 02/06/2024
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Cummins (CMI) to Report Q4 Earnings: What's in the Offing?
- The Zacks Consensus Estimate for Cummins' (CMI) Q4 earnings per share and revenues is pegged at $4.41 and $8.08 billion, respectively.
- 02/05/2024
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Why Cummins (CMI) Outpaced the Stock Market Today
- In the closing of the recent trading day, Cummins (CMI) stood at $242.97, denoting a +1.53% change from the preceding trading day.
- 02/01/2024
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Unlocking Q4 Potential of Cummins (CMI): Exploring Wall Street Estimates for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cummins (CMI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
- 02/01/2024
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Why the Market Dipped But Cummins (CMI) Gained Today
- In the most recent trading session, Cummins (CMI) closed at $240.63, indicating a +0.75% shift from the previous trading day.
- 01/26/2024
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Cummins (CMI) & Partners Set Sights on Mississippi for Battery JV
- Cummins (CMI), Daimler, and PACCAR (PACCAR) choose Mississippi for their battery JV. Battery cell production at the factory is set to begin in 2027.
- 01/20/2024
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Cummins (CMI) Stock Declines While Market Improves: Some Information for Investors
- In the closing of the recent trading day, Cummins (CMI) stood at $229.21, denoting a -1.71% change from the preceding trading day.
- 01/19/2024
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Cummins Stock Falls on Analyst Downgrade. Hydrogen Faces Uncertainty.
- BofA analyst Michael Feniger downgraded Cummins stock to Sell from Hold and cut his target price to $225 from $243.
- 01/19/2024
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Cummins to pay record $1.7B fine in emissions lawsuit settlement
- Cummins Inc (NYSE:CMI) agreed on Wednesday to a record-setting fine of $1.675 billion in the settlement of a lawsuit filed by the US Justice Department and California, which charged the truck engine maker with installing devices designed to cheat emissions control, Reuters reported. The lawsuit alleged that Cummins installed "defeat devices" to bypass or disable emissions controls such as emission sensors and onboard computers.
- 01/11/2024
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Engine maker Cummins to repair 600,000 Ram trucks in $2 billion emissions-cheating scandal
- DETROIT — Engine maker Cummins Inc. will recall 600,000 Ram trucks as part of a settlement with federal and California authorities that also requires the company to remedy environmental damage caused by illegal software that let it skirt diesel-emissions tests.
- 01/10/2024
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If You Can Only Buy One Hydrogen Stock in January, It Better Be One of These 3 Names
- Contributing to the health of our environment is everyone's job. As investors a great way we can help is by investing in companies.
- 01/09/2024
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Cummins (CMI) to Pay $1.7B Fine Under the Clean Air Act
- Cummins (CMI) agrees to pay a $1.7 billion penalty for installing emissions defeat devices on hundreds of thousands of engines.
- 12/26/2023
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Engine Maker Cummins Paying Record $1.7 Billion For Allegedly Bypassing Emissions Tests
- Cummins Inc. will pay a whopping $1.67 billion fine to settle claims it violated the Clean Air Act by using devices that bypass emissions sensors on hundreds of thousands of pickup truck engines, potentially making the diesel engine maker responsible for the second-largest civil environmental penalty ever.
- 12/22/2023
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Truck engine maker Cummins hit with record $1.7B fine for emissions ‘defeat devices'
- It is the largest-ever civil penalty for a Clean Air Act violation.
- 12/22/2023
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Cummins to record a $2 billion charge to settle regulatory claims on emissions certifications
- Cummins Inc. CMI, +1.44% said Friday that it expects to record a $2.04 billion charge in the fourth quarter, as the engines and powertrains maker has reached an agreement to settle U.S. regulatory claims regarding its emissions certification and compliance process. Of the total, about $1.93 billion is expected to be paid in the first half of 2024.
- 12/22/2023
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Cummins: A Dividend Contender That Hasn't Been This Cheap In 3 Years
- Outside of the last few weeks, the last time Cummins traded for a P/E ratio of 12 was Summer 2020. The industrial posted respectable net sales and diluted EPS growth for the third quarter. Cummins enjoys an A+ credit rating from S&P on a stable outlook.
- 12/20/2023
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Renewable Energy Giants: 3 Stocks Outshining Solar and Wind
- Certain renewable energy stocks have shown resilience in the face of cost increases in 2023. Between solar and wind energies, the former outshined the latter by large in January-August 2023 as it saw substantial growth.
- 12/13/2023
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Why I Made Big Changes To My Dividend Growth Portfolio
- I've made significant changes to my portfolio due to buying a new house and selling stocks from my portfolio to raise cash. My goal is to prioritize building a passive income stream, but I recognize the value of investing in a new home for improved quality of life. In this article, I discuss different options to pay for the new home, including taking out a mortgage or selling more stock if mortgage rates remain high.
- 11/29/2023
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Buy These 3 Ultra SWAN Bargains Before Everyone Else Does
- Many investors understandably fear buying anything related to stocks when the market is 18.5X earnings and 10% overvalued ahead of a likely recession next year. But it's always and forever a market of stocks, not a stock market. There are incredible world-beater blue-chip bargains that are good to great buys right now. Here are three three excellent examples of Buffett-style "wonderful companies at fair prices," and some of them are even trading at wonderful prices.
- 11/20/2023
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Cummins Is A Long-Term Buy
- Cummins is a reliable company in the industrial sector that produces both diesel and electric engines. The company has shown strong revenue and EPS growth over the past decade and has a consistent dividend payout. Cummins has opportunities for growth in electric vehicle battery production, acquisitions, and expanding the use of natural gas engines.
- 11/18/2023
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Cummins: The A-Rated Dividend Stock Keeps Shining
- Cummins Inc. has achieved record revenues, boosted its dividend, and maintained its guidance despite global challenges. The company has a top-tier dividend scorecard with a 3.1% yield, a low payout ratio, and consistent dividend growth. CMI's third-quarter earnings showed resilience, with strong revenue growth, increased profitability, and a record quarterly inflow of operating cash flow.
- 11/15/2023
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Ahead of Cummins (CMI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Cummins (CMI) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 11/01/2023
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3 Hydrogen Stocks to Buy Now OR Regret Later
- A lack of price competition has prevented hydrogen energy from garnering investment attention, unlike solar and wind projects have enjoyed. While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks haven't done so well in 2023.
- 10/30/2023
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Cummins (CMI) to Report Q3 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for Cummins' (CMI) Q3 earnings per share and revenues is pegged at $4.63 and $8.14 billion, respectively.
- 10/27/2023
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Final Trades: Alphabet, Visa, Cummins & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/25/2023
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Why Investors Need to Take Advantage of These 2 Auto, Tires and Trucks Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 10/24/2023
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Cummins (CMI) Rises Yet Lags Behind Market: Some Facts Worth Knowing
- In the closing of the recent trading day, Cummins (CMI) stood at $230.05, denoting a +0.37% change from the preceding trading day.
- 10/11/2023
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Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along
- Cummins' diluted EPS payout ratio is poised to improve from the high 30% range in 2022 to the low 30% range in 2023. The company logged double-digit net sales and diluted EPS growth through the first half of the year. Cummins' admirable financial positioning earns it solidly investment-grade credit ratings from S&P and Moody's.
- 09/27/2023
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Cummins (CMI), PACCAR (PCAR) and Daimler Form a Battery JV
- Cummins (CMI), PACCAR (PCAR) and Daimler collaborate for battery cell production in the United States.
- 09/07/2023
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Cummins, Paccar, Daimler team up for US battery cell venture
- Three companies are creating a joint venture to produce battery cells for commercial electric vehicles in the United States. Cummins (CMI), Paccar (PCAR), Daimler (MBG.DE) have created a joint venture that will spend $2 to $3 billion to build a battery cell factory in a yet to be determined U.S. location.
- 09/06/2023
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Cummins, Daimler form joint venture for battery cell production in US
- Accelera, a zero-emissions business unit of Cummins , and Daimler Trucks & Buses US Holding said on Wednesday they formed a joint venture to advance battery cell production in the United States.
- 09/06/2023
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Cummins And Two Truck Giants Will Pour $3 Billion Into A Battery Venture
- The biggest diesel engine maker, Daimler and Paccar plan to open the biggest venture in North America making battery cells tailored to commercial vehicles.
- 09/06/2023
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3 Hydrogen Stocks to Invest In for Big-Time, Long-Term Gains
- Long-term investment thinking is one of the best attributes we can have as investors. Patience, discipline and confidence in the investment plan and analysis of the companies in which we decide to put our capital is key.
- 09/06/2023
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3 Up-and-Coming Hydrogen Stocks to Put on Your Must-Buy List
- The Inflation Reduction Act (IRA) passed by the Biden Administration in 2022 provides both tax incentives and subsidies to clean energy projects. Given the encompassing nature of the IRA, those subsidies would also be given to hydrogen projects, initially prompting some investors to give hydrogen stocks another look.
- 09/03/2023
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Three-Stock Lunch: Salesforce, Campbell Soup and Cummins
- Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'Power Lunch' to discuss three stocks: Salesforce, Campbell Soup and Cummins.
- 08/31/2023
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China's market looking 'really depressed' for us, says Cummins CEO Jennifer Rumsey
- Jennifer Rumsey, Cummins chair and CEO, joins 'Squawk on the Street' to discuss Cummins' business in China, if the company is reevaluating its market in China, and the company's investments for the future.
- 08/31/2023
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Cummins (CMI) Powers First Hydrogen Passenger Train in NA
- Cummins (CMI) is powering the Coradia iLint, North America's first hydrogen passenger train.
- 08/17/2023
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The 3 Best Manufacturing Stocks to Buy in August
- While even the best manufacturing stocks to buy probably won't add much excitement to the space, investors should still consider the slow but steady opportunity here. Yes, I get it.
- 08/13/2023
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Cummins (CMI) Q2 Earnings Disappoint on Narrowing Margins
- Cummins (CMI) misses second-quarter earnings on narrowing EBITDA margins in all segments except the Power System segment.
- 08/04/2023
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Cummins (CMI) Q2 Earnings Lag Estimates
- Cummins (CMI) came out with quarterly earnings of $5.18 per share, missing the Zacks Consensus Estimate of $5.19 per share. This compares to earnings of $4.77 per share a year ago.
- 08/03/2023
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WIX Set to Report Q2 Earnings: Here's What You Should Know
- WIX Q2 performance is likely to have benefited from strong bookings growth and an improvement in the user base.
- 08/01/2023
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My International Portfolio: Approaching Another Major Milestone And Looking Into Recent Additions
- I'm your main street neighbor investor in his mid-30s sharing his brokerage account investment journey pursuing a dividend growth strategy. Dividends received YTD totaling $4155 up 18% compared to the same period last year. I believe the current market is strained but I keep investing as often as I can to ensure time in the market as opposed to timing the market.
- 07/27/2023
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Cummins (CMI) to Report Q2 Earnings: What's in the Offing?
- The Zacks Consensus Estimate for Cummins' (CMI) Q2 earnings per share and revenues is pegged at $5.18 and $8.28 billion, respectively.
- 07/26/2023
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15 value-stock picks for momentum investors from a money manager who has outperformed the S&P 500 for 30 years
- During the first five months of 2023, there were investors who had difficulty believing in a sustained stock-market rally because the action was dominated by the largest technology companies. But the breadth of participation in the rally has expanded since then.
- 07/25/2023
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Cummins: Forget The AI-Rally, Buy The Heat Rally
- Cummins stock price has rallied since the start of June, with its power generation solutions being a possible catalyst in a warming environment. CMI's strong performance is supported by a robust balance sheet, a 2.6% dividend yield, and positive long-term outlook driven by electrolization and truck fleet modernization. Risks include potential slower-than-expected demand from China and competition from alternative power generation sources, but CMI's A+ credit rating and strong financials provide a safety net.
- 07/20/2023
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Cummins (CMI) Is Up 2.59% in One Week: What You Should Know
- Does Cummins (CMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/19/2023
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2 Auto Stocks With Recent Dividend Hikes Worth Buying
- PACCAR (PCAR) and Cummins (CMI) raise their quarterly payouts by 8% and 7%, respectively. Backed by solid prospects and investor-friendly movies, both stocks are worth placing your bets on.
- 07/13/2023
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Rumsey succeeds Linebarger as chair of Cummins
- Jennifer Rumsey, who became CEO of engine maker and technology provider Cummins Inc. a year ago, also will chair the company following the retirement of her mentor and vocal fan, Tom Linebarger. The mutual admiration between the two played out again Wednesday with the announcement that Rumsey would succeed Linebarger Aug. 1 as chair of the board of the Columbus, Indiana-based Tier 1 supplier.
- 07/12/2023
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These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 07/11/2023
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The Retirees' Dividend Portfolio: John And Jane's June 2023 Taxable Account Update
- The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost basis yield is 5.44%. Five companies in the Taxable portfolio paid increased dividends or paid a special dividend during the month of June.
- 07/08/2023
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Truck makers pledge to comply with new California rules phasing out gas-powered vehicles
- SACRAMENTO, Calif. — Some of the nation's largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block the state's emission standards.
- 07/06/2023
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5 Top-Ranked S&P 500 Stocks to Buy in July
- The S&P 500 witnesses its best month since October and is heading toward another strong month. Royal Caribbean (RCL), Palo Alto Networks (PANW), Cummins (CMI), Lennar (LEN) and Trane Technologies (TT) could be solid picks.
- 07/05/2023
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Cummins (CMI) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 07/04/2023
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7 Expected Dividend Increases In July 2023
- June ended with a bang from a dividend increase perspective. Now, it is time to make sure July delivers, too. Dividends are the foundation of our goal to reach financial freedom. We continuously invest in dividend growth stocks to grow our passive income. In 2023, with high inflation, bank runs and other major events, buying undervalued dividend stocks that increase your dividend is as crucial as ever.
- 07/03/2023
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7 Safe Dividend Stocks for Investors to Buy Right Now: June 2023
- Although the idea of acquiring the highest-yielding enterprises seems lucrative, investors right now should arguably focus on safe dividend stocks to buy. These securities often undergird consistently profitable companies that enjoy revenue predictability.
- 06/29/2023
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Cummins: Powering Its Engines
- Cummins continues to see a solid operating performance as it makes a gradual transition to electronic and emission-reduced engines. While the company still has a long way to go in its transition, initial signs are encouraging. I like Cummins here amidst quite a few moving parts, a reasonable valuation multiple, and a proactive stance to the transition.
- 06/19/2023
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Recession? Tailwinds? How Attractive Is Cummins' 3% Yield?
- Cummins Inc. is a trusted dividend growth stock in the cyclical engine production industry, with 17 years of consecutive dividend growth and a payout ratio of less than 34%. The company has outperformed both the market and its industrial sector peers, with shares returning 16.4% per year since 1999 and a five-year average annual dividend growth rate of 7.8%. Despite a more mature engine market and economic challenges, Cummins is benefiting from unexpected tailwinds that could enhance growth when cyclical demand returns.
- 06/08/2023
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Cummins Inc. (CMI) Management Presents at Deutsch Bank 14th Annual Global Industrials & Materials Summit Conference (Transcript)
- Cummins Inc. (NYSE:CMI ) Deutsch Bank 14th Annual Global Industrials & Materials Summit Conference Transcript June 7, 2023 2:00 PM ET Executives Tony Satterthwaite - Vice Chairman Chris Clulow - Head, Investor Relations Analysts Nicole DeBlase - Deutsche Bank Nicole DeBlase Okay. I think we are live again.
- 06/07/2023
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8% Yielding 'Strong Buy' REIT Preferred Shares
- Many preferred stocks are now heavily discounted and offer high yields. Since real estate is well-known for its cash generation capabilities, REIT preferreds often offer better risk-to-reward. We discuss two REIT preferreds with yields above 8% for your consideration.
- 05/30/2023
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Cummins' (CMI) Spinoff Atmus Makes Impressive Trading Debut
- Cummins' (CMI) spinoff Atmus makes a strong market debut, with an 11% surge in its IPO. Discover how Atmus is poised to capitalize on global demand for its filtration products.
- 05/29/2023
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U.S. IPO Weekly Recap: Cummins Spin-Off And Canadian Automation Company Raise A Combined $521 Million
- Two IPOs priced this past week, each raising more than $200 million, while one small issuer delayed, AZTR. Leading the week, Cummins spin-off Atmus Filtration priced at the midpoint to raise $275 million at a $1.6 billion market cap.
- 05/28/2023
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Atmus CEO on spin-off from Cummins
- Steph Disher, Atmus Filtration Technologies CEO, joins 'Squawk on the Street' to discuss why the company decided to spin-off from Cummins, what role Atmus tries to play, and more.
- 05/26/2023
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Cummins' filtration unit valued at $1.8 billion in strong market debut
- Diesel engine maker Cummins Inc's filtration solutions division, Atmus Filtration Technologies , has fetched a valuation of $1.8 billion after its shares rose 11% in their market debut on Friday.
- 05/26/2023
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Cummins spin-off Atmus Filtration IPO prices at $19.50 a share
- Atmus Filtration Technologies Inc. ATMU, priced 14.1 million shares at $19.50 a share to raise $275.4 million in its initial public offering on Friday, the company said. The IPO is a spinoff from Cummins Inc. CMI, +0.20% in a relatively quiet year for equity offerings from major underwriters.
- 05/26/2023
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Cummins braving debt ceiling jitters with $275M engine filter unit IPO
- There will be a rare sighting on Friday as Cummins brings its engine filtration unit to market in a $275 million initial public offering.
- 05/26/2023
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Cummins (CMI) Signs Deal to Buy Faurecia's Manufacturing Plants
- Cummins (CMI) to acquire Faurecia's commercial vehicle manufacturing facilities and related activities in Roermond and Columbus for EUR142 million.
- 05/24/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of May 14
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 05/13/2023
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Cummins (CMI) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 05/12/2023
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5 Dividend Growth Stocks to Buy for Safe Returns
- PulteGroup (PHM), Novartis (NVS), Boyd Gaming (BYD), Cummins (CMI) and W.W. Grainger (GWW) could be solid choices for your portfolio.
- 05/08/2023
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The Retirees' Dividend Portfolio: John And Jane's April 2023 Taxable Account Update
- The Taxable Account generated $1,760.46 of dividend income for April 2023 compared with $1,609.40 of dividend income for April 2022. The Taxable Account had a balance of $523.4K as of April 30, 2023, vs. $522.7K on April 30, 2022. The annualized cost basis yield is 5.38%.
- 05/06/2023
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Cummins (CMI) Q1 Earnings & Sales Beat, 2023 View Raised
- Cummins (CMI) now expects revenues in 2023 to grow in the range of 15-20% year over year, up from the prior projection of 12%-17%.
- 05/02/2023
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Cummins Posts Record Earnings, Smashes Estimates. Why the Stock Is Stalling.
- Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.
- 05/02/2023
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V&M Breakouts: Top Long-Term Growth And Dividend Stocks For May 2023
- The May 2022 total return portfolio for 1-year is up +17.09%, and the May 2021 2-year portfolio is up 21.33%, not adjusted for greater than 2%+ dividends. The first May 2020 portfolio had +66.98% 2-year returns.
- 05/01/2023
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 04/26/2023
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5 Analyst Favorite ‘Strong Buy' Value Stocks With Dependable Dividends
- Almost four months into 2023 and we seemed locked in a trading range that will not break through upside resistance and will not give us the panic shakeout sell-off that would truly end a bear market.
- 04/21/2023
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Cummins To Invest Over $1 Billion In Upgrading Its Facilities
- Cummins announced that in addition to recent investments in Fridley, the company is investing over $1 billion across its U.S. engine manufacturing network in Indiana, North Carolina, and New York. The post Cummins To Invest Over $1 Billion In Upgrading Its Facilities appeared first on Pulse 2.0.
- 04/03/2023
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Cummins plans $1B+ investment in engine plants, hydrogen equipment
- Cummins Inc. will spend more than $1 billion to modernize engine plants in three states and invest in hydrogen production equipment in Minnesota, the company said Monday. The projects had previously been announced.
- 04/03/2023
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Cummins Inc. (CMI) Is a Trending Stock: Facts to Know Before Betting on It
- Cummins (CMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 04/03/2023
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Cummins investing $1 billion in plant upgrades as Biden plans visit Monday
- Cummins Inc. CMI, +2.05% said Monday it will invest more than $1 billion in its U.S. engine manufacturing network in North Carolina, Indiana and New York. The announcement comes as President Joe Biden is scheduled to visit a Cummins plant in Fridley, Minn.
- 04/03/2023
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California Is Boosting Shares of Electric-Truck Makers
- The Golden State is eliminating sales of gasoline-powered cars by 2035. Now it wants half of the heavy-duty trucks in operation in California to be all-electric by then.
- 03/31/2023
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Investors Heavily Search Cummins Inc. (CMI): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Cummins (CMI). This makes it worthwhile to examine what the stock has in store.
- 03/23/2023
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The Retirees' Dividend Portfolio: John And Jane's February 2023 Taxable Account Update
- The Taxable Account generated $1,850.78 of dividend income for February 2023 compared with $1,493.49 of dividend income for February 2022. The Taxable Account had a balance of $533.4K as of February 28, 2023, vs. $530.1K on February 28, 2022. The annualized cost basis yield is 5.23%.
- 03/11/2023
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Somehow, cyclicals have become winners heading into a Fed-mandated recession, says Cramer
- Mad Money host Jim Cramer looks at cyclical stocks and the reason they've become true winners, even though the economy seems to be headed into a Fed-mandated recession.
- 03/08/2023
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Jim Cramer says these 12 stocks aren't 'your father's cyclicals'
- "The transformation is real," Cramer said. "Saving the planet's become a much more reliable business than despoiling it.
- 03/08/2023
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Cummins (CMI) Up 1.8% Since Last Earnings Report: Can It Continue?
- Cummins (CMI) reported earnings 30 days ago. What's next for the stock?
- 03/08/2023
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We've built the broadest portfolio of zero-emissions technologies, says Cummins CEO Jennifer Rumsey
- Jennifer Rumsey, Cummins president and CEO, joins 'Squawk on the Street' to discuss the company's announcement of its new power business, Accelera, and her vision for the future of the company.
- 03/08/2023
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Cummins Inc. (CMI) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Cummins (CMI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/08/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of March 5
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 03/05/2023
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Cummins: High Valuation, Sluggish Cash Flow, Rising Debt, Sell And Revisit In 2024
- Elevated valuation: Cummins Inc.'s current valuation is elevated and may be unsustainable in the long term, indicating limited upside potential. Sluggish cash flow: The company's cash flow production has been sluggish, while debt has been increasing, and intangibles and goodwill represent a significant portion of its equity.
- 03/03/2023
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Vishay Precision Group Insider Wes Cummins Had a Busy Month of Buying
- Sometimes it takes a subtle nudge to make me pay attention to a stock. In this case, the nudge was spending some time looking at Fintel's Insider trading dashboard.
- 03/02/2023
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The $3 Million Dividend Growth Portfolio That Could Secure Your Retirement
- We start by diving into a just-released survey showing high retirement expectations. Unfortunately, data shows that the average investor is far from prepared. Hence, I present a dividend growth portfolio that comes with decent yields, consistent dividend growth, rock-solid business models, and healthy balance sheets.
- 03/02/2023
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7 Rock-Solid Dividend Stocks to Buy as the Market Slows
- It's time for investors to consider rock-solid dividend stocks to buy. Generally speaking, passive-income-providing companies enjoy relatively stable businesses.
- 02/27/2023
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U.S. IPO Weekly Recap: No IPOs, But Pipeline Gets A $350 Million Pick Up From Cummins Spin-Off Atmus
- The IPO market was quieter than expected this past week. Both deals on the calendar delayed, and there was no wave of post-Presidents' Day launches. With no large post-Presidents' Day launches this past week, six small companies are scheduled to list in the week ahead.
- 02/26/2023
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Cummins Inc. (CMI) Presents at Citi's 2023 Global Industrial Tech & Mobility Conference (Transcript)
- Cummins Inc. (NYSE:CMI ) Citi's 2023 Global Industrial Tech & Mobility Conference February 21, 2023 10:30 AM ET Company Participants Chris Clulow - VP, IR Jeff Wiltrout - Corporate Strategy Conference Call Participants Tim Thein - Citi Tim Thein We're moving along here. Thanks, everyone, for coming out.
- 02/25/2023
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Cummins Inc. (CMI) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Cummins (CMI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/24/2023
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Engine Play: Cummins Cranks Up Carbon Filter Spin-Off Atmus in $100 million IPO
- This article was produced and syndicated by Wealth of Geeks.
- 02/23/2023
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Cummins sees its Atmus Filtration business file for an IPO
- Cummins Inc.'s CMI, -2.40% filtration business filed a registration statement for an initial public offering Tuesday. The Atmus Filtration Technologies business is looking to list on the New York Stock exchange under the ticker symbol “ATMU.
- 02/21/2023
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Adoption of new battery technologies is going to be a challenge, says Cummins' Amy Davis
- Amy Davis, president of Cummins new power business, joins Brian Sullivan and the 'CNBC Special: Taking Stock' to discuss the new unit and the company's decision to focus on battery electric systems.
- 02/15/2023
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Cummins Is Thriving
- Cummins delivered record revenue and earnings in 2022. CMI has substantially outperformed the S&P 500 over the past 3 years.
- 02/15/2023
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Cummins replaces 2 legacy engines with new X10 powertrain
- Cummins Inc. will retire its L9 and X12 legacy engines, replacing them with a new X10 engine capable of powering medium- and heavy-duty trucks on a variety of fuels. The move is consistent with Cummins' plan to offer its X15 engine family powered by natural gas, hydrogen, propane and possibly other combustible fuels as an interim solution along with zero-emission battery- and fuel cell-electric powertrains.
- 02/13/2023
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Investors Heavily Search Cummins Inc. (CMI): Here is What You Need to Know
- Cummins (CMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/13/2023
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Industrials stocks not seeing benefits from China's reopening yet
- CNBC's Seema Mody joins 'Squawk on the Street' to report China's reopening on large infrastructure and machinery stocks.
- 02/10/2023
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Cummins on board for solid '23 in truck equipment
- Engine maker Cummins Inc. tracks with OEM projections for solid North American demand for new trucks for at least the first half of 2023. If the Chinese market recovers, look for a possible profit spike.
- 02/07/2023
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Cummins' (CMI) Q4 Earnings Miss Estimates, Surges Y/Y
- Going forward, Cummins (CMI) clings to its existing plan of paying back almost 50% of its operating cash flow to its shareholders.
- 02/06/2023
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Cummins Inc. (CMI) Q4 2022 Earnings Call Transcript
- Cummins Inc. (NYSE:CMI ) Q4 2022 Results Conference Call February 6, 2023 10:00 AM ET Company Participants Chris Clulow - VP, IR Jennifer Rumsey - President and CEO Mark Smith - CFO Conference Call Participants Jerry Revich - Goldman Sachs Jamie Cook - Credit Suisse Stephen Volkmann - Jefferies David Raso - Evercore ISI Rob Wertheimer - Melius Research Nicole DeBlase - Deutsche Bank Matt Elkott - Cowen Noah Kaye - Oppenheimer Tami Zakaria - JPMorgan Michael Feniger - Bank of America Operator Greetings, and welcome to the Cummins Inc. Fourth Quarter 2022 Earnings Conference. At this time, all participants are on a listen-only mode.
- 02/06/2023
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Can Cummins Power To A New High?
- Although the Q4 results and outlook have Cummins (NYSE: CMI) shares moving lower in the wake of the release, the indications suggest the stock can move higher. Not only is the trend in the stock price still up, but that trend is supported by results and institutional activity and, to a lesser extent, the analysts.
- 02/06/2023
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Cummins posts record 2022 results as it integrates Meritor business
- Cummins Inc. posted strong fourth-quarter results and it set records in several financial metrics in 2022 as the engine maker integrated billions of dollars of acquisitions including taking over Meritor Inc. Revenue of $7.8 billion in the last three months of 2022 was 32.2% above Q4 of 2021. It topped analyst estimates by $590 million, according to investor site Seeking Alpha.
- 02/06/2023
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Cummins (CMI) Lags Q4 Earnings Estimates
- Cummins (CMI) delivered earnings and revenue surprises of -3% and 5.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/06/2023
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Cummins beats sales expectations and provides upbeat outlook, and stock gains
- Shares of Cummins Inc. CMI, -0.16% tacked on 0.4% in premarket trading Monday, after the engines and powertrains maker reported fourth-quarter sales that rose above expectations and provided an upbeat outlook. Net income jumped to $631 million, or $4.43 a share, from $394 million, or $2.73 a share, in the year-ago period.
- 02/06/2023
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Here is What to Know Beyond Why Cummins Inc. (CMI) is a Trending Stock
- Cummins (CMI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/30/2023
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Dividend Growth Checkup - 2022
- Analyzing my real-life portfolio's dividend growth for 2022. Dividend growth pulled back some compared to 2021; however, it was still a strong year of dividend growth.
- 01/25/2023
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Is Trending Stock Cummins Inc. (CMI) a Buy Now?
- Cummins (CMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/18/2023
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Cummins: Sustainable Hydrogen Energy
- Cummins' recent announcement of a major green hydrogen alliance positions the company as a leader in delivering full-circle sustainable hydrogen energy. Demand for the company's electrolyzer and fuel cell solutions should rise as the renewable revolution gathers momentum and demand for fossil fuels ebbs.
- 12/18/2022
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Rose Review: Keep Cummins, Sell 3M And Watch Deere
- A review of why I sold 3M, kept Cummins and now watch Deere & Co as a replacement within the industrial sector. They all offer quality and safe dividends which are reviewed for earnings, P/E, yield and price value from Value Line, Morningstar and Yahoo Finance.
- 12/14/2022
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Cummins CEO on supply chain: Dual-sourcing plays a key role
- Jennifer Rumsey, Cummins president and CEO, joins 'Squawk on the Street' to discuss how the company's business operations in China are doing, how Rumsey can make Cummins' supply chain more resilient, and more.
- 12/08/2022
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Cummins (CMI) Acquires Siemens Commercial Vehicles Business
- Cummins (CMI) completes the acquisition of Siemens Commercial Vehicles business. The transaction has been made through CMI's subsidiary, Meritor.
- 12/01/2022
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Is Cummins A Good Dividend Stock?
- In this article, we assess whether Cummins is a good dividend stock for your portfolio. Cummins is doing a tremendous job outperforming the market this year as it benefits from strong secular tailwinds despite ongoing economic weakness.
- 11/21/2022
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Cummins (CMI) Gains Stake in Exergy Energy for Grid Programs
- Cummins (CMI) and Exergy Energy join forces to work in grid-sponsored programs. Through its stake, Cummins will ensure a sustainable framework during power outages or peak usage times.
- 11/14/2022
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CMI Stock Revisited: What Made It Work This Time?
- Two trades in the same stock just weeks apart. What was the secret of success the second time around?
- 11/04/2022
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Cummins (CMI) Q3 Earnings Miss Estimates, Deteriorate Y/Y
- Cummins (CMI) continues to expect revenues to grow 8% year over year. It forecasts EBITDA at 15% of sales now, down from 15.5% of sales guided earlier.
- 11/03/2022
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Cummins, Inc. (CMI) Q3 2022 Earnings Call Transcript
- Cummins Inc. (NYSE:CMI ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Christopher Clulow - VP & Corporate Controller Jennifer Rumsey - President and CEO Mark Smith - CFO & VP Conference Call Participants Stephen Volkmann - Jefferies Jamie Cook - Crédit Suisse Robert Wertheimer - Melius Research David Raso - Evercore ISI Jerry Revich - Goldman Sachs Tami Zakaria - J.P. Morgan Steven Fisher - UBS Matthew Elkott - Cowen and Company Noah Kaye - Oppenheimer & Company Operator Good day ladies and gentlemen and welcome to the Cummins, Inc. Q3 2022 Earnings Conference Call.
- 11/03/2022
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Cummins (CMI) Misses Q3 Earnings Estimates
- Cummins (CMI) delivered earnings and revenue surprises of -34.22% and 5.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/03/2022
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Here's Why We Are Swing Trading With The S&P 500
- The lack of setups in individual stocks pushed us more toward exposure from ETFs. The post Here's Why We Are Swing Trading With The S&P 500 appeared first on Investor's Business Daily.
- 10/28/2022
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4 High Earnings Yield Picks That You Shouldn't Ignore
- ALB, CVX, JAZZ and CMI are a few high earnings yield value picks with solid upside potential.
- 10/28/2022
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Are You Looking for a Top Momentum Pick? Why Cummins (CMI) is a Great Choice
- Does Cummins (CMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/27/2022
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Why Cummins (CMI) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 10/26/2022
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What's in the Offing for Cummins (CMI) in Q3 Earnings?
- The Zacks Consensus Estimate for Cummins' (CMI) Q3 earnings per share and revenues is pegged at $4.87 and $6.96 billion, respectively.
- 10/26/2022
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Is CMI Stock Giving Another Swing Trading Buy Opportunity?
- Strong relative strength and holding above prior lows are the trademarks of leadership out of a bear market. The post Is CMI Stock Giving Another Swing Trading Buy Opportunity?
- 10/21/2022
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Cummins: An Undervalued Dividend Growth Stock
- Cummins exhibits long-term growth in revenue, net income, free cashflow, and dividends. They also repurchase shares and have a high ROIC relative to their WACC. Unlevered DCF with conservative assumptions show buy rating and 15% upside with mildly optimistic assumptions.
- 10/17/2022
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Why Cummins (CMI) is Poised to Beat Earnings Estimates Again
- Cummins (CMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/12/2022
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Cummins adding hydrogen electrolyzer manufacturing in US
- Cummins Inc. will manufacture hydrogen electrolyzers in Minnesota, the latest site in its effort to meet a 2025 revenue goal of $400 million a year from cleaning up long-haul trucking and other polluting industries. Electrolyzer production will get 89,000 square feet of dedicated space at an existing Cummins facility in Fridley, Minnesota.
- 10/10/2022
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Cummins (CMI) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 10/10/2022
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Down Between 25% and 33%: 3 Dividend Stocks to Buy and Hold in October
- Investing equal amounts in these top stocks produces a dividend yield over 4%.
- 10/07/2022
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Down Between 19% and 40%: 3 Passive-Income Powerhouse Stocks to Buy in October
- These companies have what it takes to outlast a bear market.
- 10/04/2022
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Industrial sector ‘still catching up' from pandemic demand surge: Analyst
- Cowen Analyst Matt Elkott joins Yahoo Finance Live anchors Brad Smith and Julie Hyman to discuss the state of the industrial sector amid headwinds, post-pandemic demand, and the outlook for commodities.
- 09/19/2022
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Cummins: The Wrong Time To Hold
- Cummins stock year-to-date remains 15% better than S&P 500 Index, even after the September 13 drop. Cummins, however, is a cyclical business. The market for U.S. heavy-duty trucks peaked in May and has declined every month since for a total decline of 10%.
- 09/16/2022
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Cummins Positioned For Solid Growth And Higher Valuation
- Cummins has a reasonable current valuation. The company's focus on clean energy is likely to support a higher valuation.
- 09/13/2022
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7 Blue-Chip Stock Picks to Beat the September Market Slump
- With Federal Reserve chair Jerome Powell effectively setting the stage for a challenging environment in the equities sector, investors ought to consider the most relevant blue-chip stock picks to beat the September market slump. As well, it's not just Powell creating rumblings in the investment space.
- 09/12/2022
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Cummins Can Lead A Secular Hydrogen Transportation Shift
- The nascent hydrogen industry is set up for a long-term secular shift in the logistics and transportation sector, with expected diesel engine cost parity by 2030. Cummins is positioned atop the chain in the Class 8 engine market, holding a dominant market share that it can build upon with its hydrogen engines.
- 09/12/2022
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Cummins Is an Attractive Value and Income Stock
- Cummins Inc. ( CMI , Financial) is down marginally so far in 2022, which means the stock has greatly outperformed the S&P 500, where the index is down a mid-teens percentage.
- 09/11/2022
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Werner signs for 500 Cummins hydrogen-powered internal combustion engines
- Werner Enterprises is spreading its hydrogen bets beyond fuel cells, signing a letter of intent for 500 hydrogen-fueled internal combustion engines from Cummins Inc., which is pushing its powertrain-agnostic approach to reducing emissions. It is the third significant sales announcement in two weeks for the Columbus, Indiana-based engine maker.
- 09/07/2022
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Cummins recalls faulty engine control modules from 28 manufacturers
- Cummins Inc. is recalling 12,196 engines across its product line because a faulty engine control module (ECM) can lead to stalling and increase the risk of a crash. Paccar Inc. is the latest to report the issue, recalling 1,601 model year 2023 vehicles across 21 Kenworth and Peterbilt product lines.
- 09/05/2022
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Cummins (CMI) Down 1.1% Since Last Earnings Report: Can It Rebound?
- Cummins (CMI) reported earnings 30 days ago. What's next for the stock?
- 09/01/2022
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Cummins (CMI), Versatile Brand Partner Over Hydrogen Engines
- Cummins (CMI) collaborates with Buhler Industries under the Versatile brand to integrate the 15-liter hydrogen engines into the latter's equipment to aid its de-carbonization moves in agriculture.
- 08/30/2022
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2 World-Beater Dividend Blue-Chips For A Rich Retirement
- Even the world's best blue-chip economists can't agree on whether the market is going up, down, or sideways in the next year. Smart long-term investors know that the next year or two don't matter because in the next 3 to 10 years, stocks are likely to soar.
- 08/26/2022
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Gatik And Cummins Partner For Powertrain Optimization
- Gatik announced today that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's automated driving system with Cummins' advanced powertrain solution in Gatik's fleet of medium-duty trucks.
- 08/23/2022
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7 Cheap Retirement Stocks to Buy Now for Your Golden Years
- One of the most important concepts in investing is that time in the market is generally superior to attempts at timing the market. Therefore, if you're thinking about comfortably living out your golden years, you should plan ahead with cheap retirement stocks to buy now.
- 08/11/2022
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Cummins: Transforming Its Engines
- Cummins is a secular growth play in a cyclical industry. The company has to electrify and decarbonize its solutions, something which it takes very serious.
- 08/07/2022
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Electronics and microprocessors continue to be our biggest concern, says Cummins CEO
- Jennifer Rumsey, Cummins CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, how the inflation reduction act would impact Cummins operations, and more.
- 08/04/2022
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Biden to meet CEOs of GM, Carrier, Cummins on drug, tax bill
- U.S. President Joe Biden will meet Thursday with labor leaders and CEOs from General Motors, Carrier and Kaiser Permanente to discuss the economic impacts of the drug, climate and tax bill recently introduced by Democrats, a White House official said.
- 08/04/2022
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Cummins, Inc. (CMI) CEO Jennifer Rumsey on Q2 2022 Results - Earnings Call Transcript
- Cummins, Inc. (NYSE:CMI ) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Christopher Clulow - VP & Corporate Controller Thomas Linebarger - Executive Chairman Jennifer Rumsey - President, CEO & Director Mark Smith - CFO & VP Conference Call Participants Jerry Revich - Goldman Sachs Group Timothy Thein - Citigroup Jamie Cook - Crédit Suisse Noah Kaye - Oppenheimer Jeffrey Kauffman - Vertical Research Partners Matthew Elkott - Cowen and Company Robert Wertheimer - Melius Research Steven Fisher - UBS Operator Greetings, and welcome to the Q2 2022 Cummins Inc. Earnings Conference Call. [Operator Instructions].
- 08/02/2022
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Cummins (CMI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
- Cummins (CMI) registers robust growth in its top and bottom lines in second-quarter 2022. Sales across all segments except the Components unit increase year over year.
- 08/02/2022
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Cummins (CMI) Q2 Earnings and Revenues Top Estimates
- Cummins (CMI) delivered earnings and revenue surprises of 9.15% and 1.68%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2022
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Cummins stock jumps after record revenue, 'solid' profit beat expectations amid strong demand in North America
- Shares of Cummins Inc. CMI, -1.57% climbed 1.9% toward a near six-month high in premarket trading Tuesday, after the maker of diesel, natural gas and "new power" engines reported record second-quarter revenue and "solid" profit that rose above expectations, as demand outside of China remained strong. Net income increased to $702 million, or $4.94 a share, from $600 million, or $4.10 a share, in the year-ago period.
- 08/02/2022
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From Boeing Starliner to Goodyear Tesla tire, 3-D printing is becoming manufacturing reality
- Goodyear is making airless tires through 3-D printing, one example of additive manufacturing's rise among industrials from Boeing to Cummins.
- 07/31/2022
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3 Auto Stocks Poised to Exceed Q2 Earnings Expectations
- Despite the multiple headwinds that the auto space is battling with, industry participants like CMI, ALSN and RIVN look poised to deliver Q2 earnings beat according to our proprietary model.
- 07/28/2022
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Cramer's Mad Dash: People think Cummins could have an inventory problem
- CNBC's Jim Cramer joins 'Squawk on the Street' to discuss Cummins stock.
- 07/20/2022
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Morgan Stanley and 2 Other Companies Raised Their Dividends This Week
- Banking giant Morgan Stanley lifted its quarterly dividend by 11%, and Clorox, a maker of household products, edged up its quarterly dividend by 2%.
- 07/16/2022
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Cummins names Jennifer Rumsey as CEO to succeed Tom Linebarger
- Jennifer Rumsey will succeed Tom Linebarger as CEO of Cummins Inc. next month. She is the first female and only the seventh CEO in the engine maker and power distribution company's 103-year history.
- 07/14/2022
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Cummins Promotes Jennifer Rumsey To CEO As Diesel Giant Seeks Cleantech Overhaul
- She succeeds long-time chief Tom Linebarger as the largest maker of diesel engines for trucks and heavy-duty vehicles looks to become a major player in electric and hydrogen-fueled commercial vehicles.
- 07/14/2022
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Diesel Giant Cummins Names New CEO
- Jennifer Rumsey, Cummins' president and chief operating officer since 2021, will be the first woman to lead the company in its long history.
- 07/14/2022
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Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66
- Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66
- 07/13/2022
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Analyzing Cummins' Dividend Growth Potential
- Cummins Inc. (CMI) is the featured stock from June's Dividend Growth Stocks Model Portfolio and offers excellent risk/reward.
- 07/11/2022
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A Look At Cummins Before The Upcoming Dividend Hike
- Cummins will report its annual dividend hike during July, hiking 7.4% in 2021. Management expects revenue will have grown from FY2021 $24 billion to above $40 billion by the end of this decade.
- 07/11/2022
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Cummins Is An Attractive Dividend Growth Investment
- Cummins is a reliable dividend payer in the past decades. Shares of Cummins are attractively valued at the moment.
- 07/08/2022
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Commodities remain best store of value in high rate environment, says Jefferies' Stephen Volkmann
- Stephen Volkmann, Jefferies industrials analyst, joins 'Squawk on the Street' to discuss if it's appropriate for Deere and Caterpillar to have reached its 52-week lows, if Volkmann sees any hints on where things stand for industrial companies and more.
- 07/07/2022
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Cummins: Tough Times Create Opportunity
- The trucking industry has been worried about skyrocketing diesel prices throughout much of 2022. They have warned about possible supply chain disruptions and have indicated they are shipping loads at losses if they can pass along fuel surcharges.
- 07/06/2022
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6 Low-Tech Stocks With Good Yields and Buybacks
- These are top low-tech stocks with good yields and buybacks. Investors can expect these stocks to provide better returns due to these features.
- 07/05/2022
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7 Best Infrastructure Stocks to Buy Now
- After a strong week on Wall Street investors are back shopping for stocks to buy. Here are 7 of the best infrastructure stocks for the rally.
- 06/29/2022
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Cummins working with Hyliion on certifying natural gas engine
- Cummins Inc., whose size and resources threatened the survival of hybrid powertrain maker Hyliion Holdings, will partner with the startup to certify its 12-liter natural gas engine for the Hypertruck ERX, the companies said Tuesday. The collaboration is a big deal for Hyliion, which went public via SPAC in October 2020.
- 06/28/2022
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6 Low-Tech Stocks That Are Ideal for Value Investors
- These companies have common technology like manufacturing and mining equipment, and these low-tech stocks are now inexpensive. The post 6 Low-Tech Stocks That Are Ideal for Value Investors appeared first on InvestorPlace.
- 06/16/2022
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Cummins: Legendary Engine Maker Available At Value Stock Price
- As the heavy truck engine market transitions from relying on diesel to emerging electric and aftertreatment technologies, Cummins stands out as an industry staple. Its value proposition and reputation are legendary, and the fundamentals, valuation, and downside risk metrics suggest buying and holding this industrials sector component.
- 06/09/2022
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Cummins: Buy Seasoned Performer At Discount, Get Free Option On Hydrogen
- Cummins is a good industrial that has sold off. Industrials offering products for a sustainable future can outperform in this decade.
- 06/06/2022
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Cummins (CMI) Down 0.4% Since Last Earnings Report: Can It Rebound?
- Cummins (CMI) reported earnings 30 days ago. What's next for the stock?
- 06/02/2022
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6 Stocks to Buy to Hedge Your Portfolio in a Down Market
- These six stocks to buy will help you hedge your portfolio through their dividend yields and low P/E valuations. The post 6 Stocks to Buy to Hedge Your Portfolio in a Down Market appeared first on InvestorPlace.
- 05/19/2022
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Ex-Dividend Reminder: Whirlpool, Unilever And Cummins
- On 5/19/22, Whirlpool, Unilever, and Cummins will all trade ex-dividend for their respective upcoming dividends. Whirlpool will pay its quarterly dividend of $1.75 on 6/15/22, Unilever plc will pay its quarterly dividend of $0.4555 on 6/16/22, and Cummins will pay its quarterly dividend of $1.45
- 05/17/2022
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7 Undervalued Dividend Stocks to Buy Now
- During market corrections, dividend stocks provide passive income to help offset losses. Here are seven undervalued dividend stocks to buy now.
- 05/16/2022
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6% Yielding Blue-Chip Bargains I'm Buying Hand Over Fist
- The speed of this bear market is history, though the actual declines are merely normal, average, and completely expected. When it's raining blue-chip bargains from the sky, smart investors know to bend it like Buffett and buy, buy, buy.
- 05/15/2022
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Big Rigs Going Electric As Navistar, Cummins, Daimler Rev Up Next-Generation Trucks
- The electric vehicle revolution is far bigger–literally–than Teslas and Ford's electric pickup.
- 05/13/2022
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Daimler Truck, Cummins converting Freightliner Cascadias to run on hydrogen
- LONG BEACH, Calif. — In the clearest sign yet of Cummins Inc.'s evolution from a legacy diesel engine maker, the company will work with Daimler Truck North America to fit Class 8 Freightliner Cascadias with hydrogen fuel cells.
- 05/12/2022
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These High-Yield Dividend Stocks Are Growing at Blazing Speeds
- These two stocks can provide income investors with dividend yields that are double what the broader market is offering.
- 05/12/2022
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Six Dividend-Paying Stocks With Low Payout Ratios to Buy
- These six dividend-paying stocks have low P/E multiples, good dividend yields, and low payout ratios, leaving room for share buybacks. The post Six Dividend-Paying Stocks With Low Payout Ratios to Buy appeared first on InvestorPlace.
- 05/12/2022
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Cummins announces first quarter financials and doesn't meet analyst estimates
- Cummins (NYSE: CMI) records first quarter EPS of $2.92, which was lower than the $3.56 analyst estimate. Revenue for the first quarter came to around $6.4 billion which was more than the $6.03 billion consensus estimate.
- 05/04/2022
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Cummins: Sufficiently Cheap Despite Recession Fears
- Cummins is a Dividend Contender with 16 consecutive years of dividend growth. Shares currently yield 2.98%. Cummins has managed to do well throughout the cycle, increasing both peak and trough earnings.
- 05/04/2022
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Oh My, Oh My, Cummins' Dividend Is Attractive
- We can finally ignore the yield vs. growth debate as Cummins offers both. The company has a decent dividend yield of 3.0% and very satisfying dividend growth thanks to a stellar business model.
- 05/03/2022
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Cummins' (CMI) CEO Tom Linebarger on Q1 2022 Results - Earnings Call Transcript
- Cummins Inc. (NYSE:CMI ) Q1 2022 Earnings Conference Call May 3, 2022 10:00 AM ET Company Participants Chris Clulow – Vice President-Investor Relations Tom Linebarger – Chairman and Chief Executive Officer Jennifer Rumsey – President and Chief Operating Officer Mark Smith – Chief Financial Officer Conference Call Participants Jamie Cook – Credit Suisse Noah Kaye – Oppenheimer Jerry Revich – Goldman Sachs Rob Wertheimer – Melius Research David Raso – Evercore ISI Tim Thein – Citigroup Matt Elkott – Cowen Operator Greetings, and welcome to the Cummins Inc. First Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
- 05/03/2022
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Cummins' (CMI) Q1 Earnings & Revenues Surpass Estimates
- Cummins (CMI) delivers earnings and sales beat in first-quarter 2022. The company raises its revenue growth projections for 2022.
- 05/03/2022
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Cummins stock falls after profit declines, while revenue rises above forecasts
- Shares of Cummins Inc. CMI, +3.03% fell 2.0% in premarket trading Tuesday, after the diesel and natural gas engines and new power company reported first-quarter profit that fell, weighed by costs associated with the suspension of its Russia operations. Net income declined to $418 million, or $2.92 a share, from $603 million, or $4.07 a share, in the year-ago period.
- 05/03/2022
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Why Cummins (CMI) Might Surprise This Earnings Season
- Cummins (CMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/02/2022
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Will Operational Inefficiencies Mar Cummins' (CMI) Q1 Earnings?
- The Zacks Consensus Estimate for Cummins' (CMI) Q1 earnings and revenues is pegged at $3.55 per share and $6.03 billion, respectively.
- 04/29/2022
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3 Auto Stocks Positioned for Potential Q1 Earnings Beat
- Overall Q1 earnings for the auto sector are projected to rise 6.5% on 8.4% higher revenues, per the Earnings Trends report. CMI, VRM and LCII are a few companies likely to trump estimates.
- 04/28/2022
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Cummins (CMI) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
- Cummins (CMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/26/2022
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Cummins files confidential registration to take filtration unit public
- Cummins Inc. has filed a confidential registration to sell shares in its filtration business through an initial public offering as it focuses on its pending $3.7 billion purchase of Meritor Inc. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. The filtration business dates to 1958.
- 04/22/2022
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5 NA Dividend Stocks With Over 15% Upside And Good Yield
- In this article, I'm doing a bit of a follow-up of my recent article where I went through 6 German companies I'm currently buying.
- 04/11/2022
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Five Laggards For The Weekend
- Every week is a buying opportunity in the markets. One just needs to know where to look.
- 04/09/2022
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Dividend Stock Watch List: Lanny's April 2022 Edition
- Dividend increases have been plenty. I have a strong feeling and indication that 2022 will be another fantastic year for dividend investors.
- 04/08/2022
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Cummins: Buy The Dip And Start The DRIP
- Cummins: Buy The Dip And Start The DRIP
- 04/05/2022
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Buy These Stocks Now to Help Power Your Long-Term Portfolio
- Here are a few dividend-paying stocks that are ready to thrive as they help power the economy and perhaps your portfolio for decades.
- 04/01/2022
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Is Cummins (CMI) a Potential Pick for Value Investors?
- Is Cummins (CMI) a great pick from the value investor's perspective right now? Read on to know more.
- 04/01/2022
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Pat Cummins Is On The Way To Becoming An All-Time Great Captain After Australia's Win In Pakistan
- After claiming their first Test series win away from home since 2016, Australia savored a memorable victory in Pakistan and were led magnificently by Pat Cummins who is quickly becoming a great captain.
- 03/25/2022
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Should I sell Cummins shares after UBS lowered its target?
- Cummins Inc. (NYSE: CMI) shares continue to trade above strong support above $200 even though UBS warned that the truck cycle is near a peak and lowered its price target on Cummins shares UBS lowered its target on Cummins Cummins is an American multinational corporation that manufactures and distributes engines, filtration, and power generation products. […] The post Should I sell Cummins shares after UBS lowered its target?
- 03/19/2022
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3 Reasons Cummins Is A Classic Buffett-Style 'Fat Pitch' Blue-Chip Bargain
- 3 Reasons Cummins Is A Classic Buffett-Style 'Fat Pitch' Blue-Chip Bargain
- 03/18/2022
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Is Cummins a Value Stock After Recent Pullback?
- While Cummins Inc.'s ( CMI , Financial) stock price may have taken a beating as of late, the company's financial performance in 2021 was fairly decent, even if it didn't necessarily impress Wall Street or investors.
- 03/08/2022
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My Top 10 High Yield Dividend Stocks For March 2022
- I present my top 10 High Yield dividend stocks that are poised to offer strong future returns.
- 03/02/2022
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Cummins: Too Cheap To Ignore?
- Cummins is one of the world's largest producers of diesel engines and related products.
- 03/02/2022
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Cummins says expects 'some impact' in Russia; Deere says to abide by sanctions
- Cummins Inc. expects "some impact" to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday.
- 02/28/2022
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Buy 3M Today To Retire In Safety And Splendor Tomorrow
- Buy 3M Today To Retire In Safety And Splendor Tomorrow
- 02/27/2022
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We need to address gases contributing to climate change, says Cummins CEO
- Tom Linebarger, chairman and CEO of Cummins, joins 'The Exchange' to discuss the company's clean energy plan, inflation and supply chain disruptions.
- 02/23/2022
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Cummins (CMI) to Takeover Meritor (MTOR) in $3.7 Billion Deal
- To drive powertrain technology and give a push to electric and hybrid vehicle parts, Cummins (CMI) is set to acquire Meritor (MTOR).
- 02/23/2022
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How Diesel Giant Cummins Might Beat Tesla In The Green Engine Battle
- Bring it on, says Thomas Linebarger, Cummins' chief executive for the past decade.
- 02/23/2022
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Meritor shares shoot up by 45% after announcing it'd be acquired by Cumins
- Meritor, Inc. (NYSE: MTOR), whose shares rose by 45%, and Cummins Inc. (NYSE: CMI) recently announced they'd executed a definitive purchase agreement whereby Meritor, a leader of the electric powertrain, aftermarket, braking, mobility and drivetrain options for industrial and commercial vehicle markets, will be acquired by Cumins. . According to the agreement, Cumins will pay Meritor $36.50 in cash […] The post Meritor shares shoot up by 45% after announcing it'd be acquired by Cumins appeared first on Invezz.
- 02/22/2022
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Cummins will buy Meritor for $3.7B
- Cummins Inc., which is rapidly transforming from solely a leading maker of diesel engines into electric powertrains and zero-emissions technologies, said Tuesday it will pay $3.7 billion in cash to acquire Meritor Inc., merging their distinct traditional and advanced technology components. “The two companies are largely complementary,” Cummins CEO Tom Linebarger said on a call with analysts.
- 02/22/2022
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Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
- Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine maker Cummins Inc. for $3.7 billion in cash.
- 02/22/2022
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Why Cummins (CMI) Is Buying Meritor (MTOR) For $3.7 Billion
- Cummins Inc. (NYSE: CMI) is buying Meritor, Inc. (NYSE: MTOR) in a $3.7 billion deal. These are the details.
- 02/22/2022
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Cummins To Acquire Meritor In $3.7 Billion Deal, Accelerating Auto Supplier Consolidation
- The deal will expand Cummins' range of engine offerings and add axle and brake technology to its product line.
- 02/22/2022
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Cummins Agrees To Acquire Meritor For $3.7B
- Cummins Inc (NYSE: CMI) has agreed to acquire electric powertrain solutions provider Meritor Inc (NYSE: MTOR) for about $3.7 billion, including assumed debt and net of acquired cash. The company will pay Meritor shareholders $36.50 in cash per share, representing a 48% premium.
- 02/22/2022
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9 No-Brainer Dividend Blue-Chips For A Rich Retirement
- The 2022 correction is frustrating many investors who have been spoiled by years of Buffett-like returns with almost no volatility.
- 02/15/2022
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Cummins reworking its engine families to run on multiple low-carbon fuels
- Cummins Inc. is making all its engine families capable of running on diesel, natural gas or hydrogen in a move to meet its pledge of reducing lifetime greenhouse gas emissions from its new engines 25% by the end of the decade. The fuel-agnostic engines will use engine blocks with the same architecture and core components but customized for different fuels.
- 02/14/2022
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Cummins To Acquire Jacobs Vehicle Systems Business From Altra Industrial For $325M
- Cummins Inc. (NYSE: CMI) has agreed to acquire Jacobs Vehicle Systems, a subsidiary of Altra Industrial Motion Corp (NASDAQ: AIMC), for $325 million. Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry.
- 02/09/2022
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Cummins buys out Westport natural gas joint venture for $20M
- Cummins Inc. is now the sole owner of the former Cummins-Westport natural gas engine joint venture, a 10-year partnership that ended Dec. 31, 2021. Westport Fuel Systems gets $20 million from Cummins in exchange for its share of intellectual property of the joint venture, which Cummins will continue to operate.
- 02/08/2022
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My, Oh My, 14 Strong Correction Blue-Chip Buys
- The market's extreme volatility continues with the Nasdaq crashing almost 4.4% on Thursday, February 3rd. Prudent long-term investors know the truth of Joshua Brown's words "volatility isn't risk, it's the source of future returns."
- 02/08/2022
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Cummins To Take Full Control Of Former JV With Westport
- Cummins Inc. (NYSE: CMI) has agreed to acquire the remaining stake in the former Cummins Westport Joint Venture from Westport Fuel Systems Inc. (NASDAQ: WPRT). Financial terms were not disclosed.
- 02/07/2022
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Cummins Inc. (CMI) CEO Tom Linebarger on Q4 2021 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Tom Linebarger on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
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Cummins sets revenue record, sees more growth ahead
- The supply chain crisis and rising material costs dented Q4 profits, but diesel and alternative powertrain manufacturer Cummins Inc. posted record revenues in 2021 and forecast continued global growth this year. “Our industry continues to experience significant supply chain constraints, resulting in elevated manufacturing, logistics and material costs, resulting in margins below our expectations, particularly in the fourth quarter,” Tom Linebarger, Cummins chairman and CEO, said in a press release.
- 02/03/2022
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Cummins' (CMI) Q4 Earnings Miss Estimates, Decline 15% Y/Y
- Cummins (CMI) expects 2022 revenues to grow 6% year over year. EBITDA is envisioned at 15.5% of sales.
- 02/03/2022
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Cummins Reports Mixed Q4 Results; Expects China Demand To Moderate In FY22
- Cummins Inc. CMI reported fourth-quarter sales of $5.85 billion, flat year-over-year, beating the consensus of $5.79 billion. Sales in North America decreased 4% while international revenues increased 6% Y/Y, driven by strong demand across most global markets, except China.
- 02/03/2022
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Cummins (CMI) Q4 Earnings Lag Estimates
- Cummins (CMI) delivered earnings and revenue surprises of -7.47% and 1.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2022
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Cummins profit falls below expectations as increased costs from supply chain constraints weigh on margins
- Cummins Inc. CMI, +0.42% reported Thursday fourth-quarter profit that fell below expectations while revenue topped forecasts, as increased manufacturing, logistics and material costs resulting from supply chain constraints led to lower-than-anticipated margins. The auto engine power generation products company's stock was still inactive in premarket trading.
- 02/03/2022
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F, CMI & MTOR Quarterly Earnings on Feb 3: What to Expect
- Per the latest Earnings Trend report, the auto sector Q4 earnings are likely to grow 6.1% y/y. Read on to know the factors likely to have shaped Ford (F), Cummins (CMI) and Meritor's (MTOR) earnings.
- 02/02/2022
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Chief Predictions for Cummins' (CMI) Q4 Earnings Release
- The Zacks Consensus Estimate for Cummins' (CMI) Q4 earnings and revenues is pegged at $3.08 per share and $5.78 billion, respectively.
- 02/01/2022
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The Golden Spike: Completing A Transcontinental Network Of Hydrogen Refueling Stations In North America
- In 1869, Leland Stanford completed the transcontinental railroad with a golden spike.
- 01/29/2022
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Buy These Strong Dividend Stocks Before Earnings for Safety & Income?
- For those who decide to stay in the markets and hunt for stocks, it's perhaps best to find some dividend-paying names, with solid valuations outside of technology.
- 01/28/2022
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The More They Fall The More I Buy: 11 Rich Retirement Blue-Chips Set To Fly
- The More They Fall The More I Buy: 11 Rich Retirement Blue-Chips Set To Fly
- 01/25/2022
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Cummins (CMI) Closes Momentum Fuel's 50% Buyout, Partners Isuzu
- Cummins (CMI) completes a 50% equity purchase of Momentum Fuel and partners with Isuzu for working on e-trucks as it looks to enhance its footing in offering zero-emission sustainable vehicles.
- 01/21/2022
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Cummins will make electric medium-duty truck prototype for Isuzu
- Cummins Inc., which signed a long-term deal last year to make diesel powertrains for Isuzu medium-duty trucks, is adding a Class 6 battery-electric powertrain prototype to the mix that will go into customer demonstrations in Q2. The PowerDrive 6000 is used in Gillig transit and Bluebird school buses.
- 01/20/2022
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Cummins, the Diesel Engine Giant, Is Going Electric
- The manufacturer is creating a battery-powered truck prototype with Isuzu Motors, the Japanese maker of electric trucks.
- 01/20/2022
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Cummins (CMI) Gains As Market Dips: What You Should Know
- Cummins (CMI) closed the most recent trading day at $218.14, moving +0.14% from the previous trading session.
- 12/31/2021
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Should I buy Cummins shares after a positive view from UBS?
- Cummins Inc. (NYSE: CMI) shares have weakened from their record highs above $270 registered in March 2021, and the current price stands around $218. UBS reported this week that it remains constructive on the machinery sector for 2022 and assigned a buy rating on Cummins shares.
- 12/30/2021
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Cummins, In Transit
- Cummins has an axle in the old world of fossil fuels and another in the new world of green energy.
- 12/27/2021
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2 Dividend Contenders for Safe and Secure Income
- The Dividend Contenders are those companies with at least 10 years, but less than 25 consecutive years, of dividend growth. Companies in this category have proven business models and a leadership position in their industry that have enabled shareholder returns in the form of dividend increases for at least a decade.
- 12/26/2021
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Cummins (CMI) Outpaces Stock Market Gains: What You Should Know
- Cummins (CMI) closed the most recent trading day at $213.97, moving +1.45% from the previous trading session.
- 12/23/2021
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Cummins will make green hydrogen technologies in $47M Chinese joint venture
- Cummins Inc. has formed a 50-50 joint venture with China Petrochemical Corp. to make green hydrogen more affordable and available. Called Cummins Enze, the joint venture in Guangdong Province will invest $47 million in a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers.
- 12/21/2021
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Cummins (CMI) Stock Moves -0.14%: What You Should Know
- Cummins (CMI) closed at $218.29 in the latest trading session, marking a -0.14% move from the prior day.
- 12/16/2021
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Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
- The latest share buyback program comes in as Cummins (CMI) concludes its prior authorization of $2 billion, announced in 2019.
- 12/16/2021
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10 Blue-Chips For Retiring In Safety And Splendor
- Today almost 60% of Americans think they'll never be able to retire. 41% say it would take a miracle to achieve their financial goals.
- 12/16/2021
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Cummins recalls X12 diesel engines because of fire risk
- Cummins Inc. is recalling nearly 11,000 X12 diesel engines sold to 25 makers of off-road and specialty equipment because a high-pressure fuel leak from a cracked fuel tube led to a vehicle fire and dozens of warranty claims. The affected engines built between April 2016 and October of this year, are equipped with high- pressure common rail fuel systems that were installed in mixers, coaches, emergency and recreational vehicles, refuse trucks, and cranes.
- 12/15/2021
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Dividend-paying stocks are the best inflation hedge, says Hennion & Walsh's Kevin Mahn
- Kevin Mahn, Hennion & Walsh Asset Management president and CIO, joins 'The Exchange' to discuss what he considers to be the best inflation hedge. Mahn picks stocks he believes are best for dividend yields in today's inflation environment.
- 12/13/2021
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Cummins (CMI) Stock Sinks As Market Gains: What You Should Know
- Cummins (CMI) closed the most recent trading day at $218.10, moving -0.67% from the previous trading session.
- 12/10/2021
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The 7 Best Dividend Growth Blue-Chips Retirees Can Safely Buy Today
- Today many retirees worry about short-term market declines created by Wall Street's current wall of worry. That's the wrong risk focus. High market valuations and negative bond yields for the foreseeable future are the real risks to your rich retirement dreams.
- 12/09/2021
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Cummins playing supply chain whack-a-mole for everything but semiconductors
- The semiconductor shortage is a structural weakness in supply chain management, Cummins Inc. CEO Tom Linebarger says. Everything else the leading engine manufacturer needs in the supply chain crisis is like playing whack-a-mole.
- 12/08/2021
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3 Dead-Cat Bounce Stocks to Sell in This Market
- If you're looking for bearish ideas, here are three weak stocks to sell. The reward to risk ratios are compelling for traders.
- 12/08/2021
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Dividend Sleuthing: Cummins Inc.
- Dividend Sleuthing: Cummins Inc.
- 12/06/2021
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Cummins Inc. (CMI) Management Presents at Credit Suisse 9th Annual Global Industrials Conference Call Transcript
- Cummins Inc. (CMI) Management Presents at Credit Suisse 9th Annual Global Industrials Conference Call Transcript
- 12/02/2021
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6 Pandemic-Resistant High-Yield Blue-Chips For A Rich Retirement
- The Omicron Variant sent stocks plunging to their worst Black Friday since 1931.
- 12/02/2021
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Cummins Is One Of The Safest And Smartest Ways To Profit From This $130 Trillion Megatrend
- The recent market freakout over Omicron has sent the world's best blue-chips plunging. That includes Cummins, which is one of the safest and smartest ways to profit from the $130 trillion renewable energy megatrend.
- 12/02/2021
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Cummins Takes Minority Stake In Sion Power In Effort To Develop Lithium Metal Technology
- Cummins Inc. (NYSE: CMI) revealed an investment in Sion Power Corporation, a high-energy rechargeable battery technology developer. The financial terms were not disclosed.
- 11/30/2021
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Dividend Stock Watch List: Lanny's December 2021 Edition
- The stock market, specifically the S&P 500, still is high, but is down for the month of November so far.
- 11/29/2021
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Cummins: A SWAN You Can Buy With Confidence
- Cummins' diluted EPS payout ratio should be around 37% this year, which provides the stock's dividend with a good cushion. Cummins' year-to-date revenue and diluted EPS have surged as a result of the ongoing COVID economic recovery.
- 11/21/2021
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Cummins manages higher segment sales despite Q3 supply chain pain
- Cummins Inc. posted positive returns for all five of its business segments in Q3, but cost increases from the supply chain crisis led to downward revisions for full-year sales and profits. The Columbus, Indiana-based engine maker said Tuesday that Q3 revenues of $6 billion increased 17% year-over-year.
- 11/02/2021
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Cummins Inc. (CMI) CEO Tom Linebarger on Q3 2021 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Tom Linebarger on Q3 2021 Results - Earnings Call Transcript
- 11/02/2021
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Cummins Reports Mixed Q3 Results, Margins Shrink, Cuts FY21 Outlook
- Cummins Inc. (NYSE: CMI) reported third-quarter sales growth of 16.6% year-over-year to $5.97 billion, beating the consensus of $5.87 billion. Sales in North America increased 13% Y/Y while international revenues increased 22% Y/Y, driven by solid demand across all global markets outside China.
- 11/02/2021
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Cummins (CMI) Lags Q3 Earnings Estimates, Trims '21 View
- Cummins (CMI) now expects 2021 revenues to witness year-over-year growth of 20% versus the prior guided range of 20-24%.
- 11/02/2021
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Top Automakers Are Investing in Fuel Cells. Should You, Too?
- Some countries see hydrogen as the fuel of the future.
- 11/01/2021
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Dividend Stock Watch List: Lanny's November 2021 Edition
- The stock market, specifically the S&P 500, still is high, is back firing on all cylinders, up over 200 points since the end of September. STOR almost has $10 billion in market capitalization, steadily growing over their 7 year period of being public.
- 11/01/2021
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3 Wide Moat Dividend Blue-Chip Buys In Case Inflation Starts To Fly
- 3 Wide Moat Dividend Blue-Chip Buys In Case Inflation Starts To Fly
- 10/19/2021
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EV Roundup: HMC EV Ambitions in China, SOLO-Bosch Partnership & More
- While Honda (HMC) announces plans to go all-electric in China by 2030, ElectraMeccanica (SOLO) seals a deal with Bosch for repair and maintenance services for its flagship SOLO model.
- 10/18/2021
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Cummins Unveils 15-Liter Natural Gas Engine For Heavy-Duty Trucks
- Cummins Inc. (NYSE: CMI) unveiled a 15-liter natural gas engine for heavy-duty trucks, marking an important part of its strategy for its path to zero emissions. Cummins expects the expanding product lineup to help achieve its PLANET 2050 environmental goals.
- 10/14/2021
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Moving Heavy-Duty Trucking Down the Path to Zero Emissions
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that it will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Cummins strategy for its path to zero emissions to go further, faster to reduce the greenhouse gas and air quality impacts of its products in a way that is best for its customers and all stakeholders. The strategy focuses on new powertrains including advanced diesel, natural gas, hydrog
- 10/14/2021
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Cummins Inc. Declares Quarterly Common Stock Dividend
- COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on December 2, 2021, to shareholders of record on November 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electri
- 10/12/2021
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Cummins, FuelCell Energy: Hydrogen Stocks Continue To Underperform. Should You Invest?
- Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S. listed companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas, has declined by about 16% year-to-date, compared to the S&P 500 which is now up by almost 17% over the same period.
- 10/12/2021
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Cummins Plans To Launch Software Features To Integrate Powertrains With ADS Technologies
- Cummins Inc. (NYSE: CMI) will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins collaborates with multiple ADS technology companies to refine the solutions for commercial markets.
- 10/11/2021
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Cummins Collaborates Across Autonomous Vehicle System Providers to Offer Leading Powertrain Solutions
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI), a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software features, Cummins will extend these core capabilities into the ADS space as well. Cummins is positioned t
- 10/11/2021
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5 Best-Performing Hydrogen Stocks to Buy Now
- When one of the world's largest oil and gas producers commits to investments of more than $11 billion to develop hydrogen fuel, it is probably time to pay attention.
- 10/08/2021
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Cummins (CMI) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Cummins (CMI) closed at $227.96, marking a +1.51% move from the previous day.
- 10/01/2021
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Cummins (CMI) Stock Sinks As Market Gains: What You Should Know
- Cummins (CMI) closed the most recent trading day at $227.66, moving -0.29% from the previous trading session.
- 09/24/2021
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Should I buy Cummins shares in October 2021? Here's my price prediction
- Cummins Inc (NYSE: CMI) shares didn't perform well last several weeks as the company continues to face significant constraints in the supply chain. Fundamental analysis: Cummins continues to face significant constraints in the supply chain Cummins is an American multinational corporation that manufactures and distributes engines, filtration, and power generation products.
- 09/24/2021
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Cummins Bags Award From UK Government To Accelerate Hydrogen Engine Development
- Cummins Inc. (NYSE: CMI) received an award from the UK Government, provided through the Advanced Propulsion Centre (APC), to play a significant role in de-carbonizing transport from 2025 onward. The financial terms of the contract were not disclosed.
- 09/23/2021
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Cummins Receives Award from the UK Government to Accelerate Hydrogen Engine Development for Medium and Heavy-Duty Engines
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that its hydrogen-fueled internal combustion engine (H2-ICE) program is beginning development of a medium-duty 6.7-liter and a heavy-duty 15-liter engine. “We've established significant goals as part of our PLANET 2050 sustainability strategy, including a target of zero emissions,” said Srikanth Padmanabhan, President, Engine Business, Cummins Inc. “Reducing well-to-wheels carbon emissions requires innovation of both ener
- 09/23/2021
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Donaldson: One Of The Best Dividend Aristocrats You Can Buy
- Donaldson: One Of The Best Dividend Aristocrats You Can Buy
- 09/19/2021
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Cummins (CMI) Stock Moves -0.88%: What You Should Know
- Cummins (CMI) closed the most recent trading day at $227.69, moving -0.88% from the previous trading session.
- 09/17/2021
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Why Cummins Could Be Your Ticket To A Rich Retirement
- Why Cummins Could Be Your Ticket To A Rich Retirement
- 09/14/2021
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Cummins Stock Looking More Tempting, But Cycle Risk Remains A Concern
- Cummins Stock Looking More Tempting, But Cycle Risk Remains A Concern
- 09/14/2021
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Cummins Inc. (CMI) Management Presents at Morgan Stanley Virtual 9th Annual Laguna Conference (Transcript)
- Cummins Inc. (CMI) Management Presents at Morgan Stanley Virtual 9th Annual Laguna Conference (Transcript)
- 09/13/2021
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Cummins Inc. (CMI) Management Presents at Cowen's 14th Annual Global Transportation & Sustainable Mobility Conference (Transcript)
- Cummins Inc. (CMI) Management Presents at Cowen's 14th Annual Global Transportation & Sustainable Mobility Conference (Transcript)
- 09/08/2021
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Cummins (CMI) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Cummins (CMI) closed at $234.87, marking a -0.47% move from the previous day.
- 09/01/2021
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Tech Stocks Are Too Expensive. Try These 3 Cheap Stocks Instead
- You can still find good bargains on Wall Street. You just have to know where to look.
- 08/28/2021
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Should You Buy These Auto Stocks on Dividend Hike Declarations?
- Of late, CMI, PAG, LEA, GPI and WGO have impressed investors with dividend hike announcements. Should you consider adding them to your portfolio now?
- 08/26/2021
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Insight Enterprises, Cummins, And CVS Health Corp Will Keep Creating Shareholder Value After 2Q21
- 2Q21 earnings reveal these three Long Ideas continue to have strong upside potential.
- 08/24/2021
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Cummins CEO says the U.S. needs to put a 'cost on carbon' to meet Paris climate accord goals
- "Mad Money" host Jim Cramer interviewed Cummins Chairman and CEO Tom Linebarger on Wednesday's episode of the show.
- 08/18/2021
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These 12 stocks will benefit most from Biden's $1 trillion infrastructure plan, according to Bank of America
- The spending plan includes funding for roads, bridges, and broadband. Expect engineering, construction, and machinery stocks to win out, BofA said.
- 08/18/2021
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13 Upcoming Dividend Increases Including 1 Dividend King
- 13 Upcoming Dividend Increases Including 1 Dividend King
- 08/12/2021
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Cummins Inc. (CMI) CEO Tom Linebarger on Q2 2021 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Tom Linebarger on Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
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Cummins beats on top and bottom lines; may spin off filtration unit
- Engine maker and power distribution company Cummins Inc. reported a widespread recovery in Q2 sales and income across the board as it topped analyst estimates for revenue and income. “The strength of the order board reflects robust underlying demand in many of our markets which is remarkable considering the challenges and uncertainty we faced during this same period last year,” Chairman and CEO Tom Linebarger said in a press release.
- 08/03/2021
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3 Dividend Increases Expected In August 2021
- Dividends are the foundation of our goal to reach financial freedom. We continuously invest in dividend growth stocks to grow our passive income. If the goal is to produce a passive income stream that will one day cover our expenses, making sure that income stream grows is critical. Without growth, your dividend income stream will lose purchasing power to inflation.
- 08/03/2021
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7 Discounted Dividend Growth Stocks With Accelerating Total Returns
- This article presents seven discounted dividend growth stocks with accelerating total returns that have outperformed the S&P 500 handily over the past ten years. I rate the stocks either Fair or Decent based on their quality scores as determined by DVK Quality Snapshots.
- 07/31/2021
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What's in Store for Cummins (CMI) This Earnings Season?
- Cummins' (CMI) Q2 results likely to reflect the adverse impact of rising losses from the New Power segment during the June-end quarter.
- 07/29/2021
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2 Blue Chip Stocks to Buy Before Earnings and Hold for Years
- Let's explore two blue chip stocks that investors might want to consider buying as they report Q2 earnings.
- 07/27/2021
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Cummins (CMI) Gains But Lags Market: What You Should Know
- Cummins (CMI) closed the most recent trading day at $239.38, moving +0.61% from the previous trading session.
- 07/21/2021
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Barron's 42 Mid 2021 RoundTable Picks Show 21 With Dividends And 4 With Ideal Returns
- Barron's 42 Mid 2021 RoundTable Picks Show 21 With Dividends And 4 With Ideal Returns
- 07/21/2021
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Why Cummins (CMI) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 07/21/2021
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Chevron (CVX) Signs MOU With Cummins for Hydrogen Business
- Chevron (CVX) is spending on lower-carbon solutions like hydrogen that will help its customers trim the carbon intensity of their companies and daily living.
- 07/16/2021
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Why Cummins (CMI) Could Beat Earnings Estimates Again
- Cummins (CMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/15/2021
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Chevron and Cummins Announce Strategic Collaboration on Hydrogen
- SAN RAMON, Calif. & COLUMBUS, Ind.--(BUSINESS WIRE)--Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four main objectives: ad
- 07/15/2021
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Cummins: The Good And The Bad
- Cummins continues to reward its investors with significant dividend hikes provided by high free cash flow.
- 07/14/2021
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Cummins Inc. Launches Cummins Water Works
- INDIANAPOLIS--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced a new global community program called Cummins Water Works, which addresses the global water crisis by partnering with leading water experts and investing and engaging in sustainable, large-scale, high-impact water projects around the world. This new community program is supported initially by $8 million in Cummins grants focusing on five of the most water-stressed countries: Mexico, Brazil, India, South Africa and the U.S.
- 07/14/2021
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Cummins (CMI) Initiates Testing of Hydrogen Engine, Ups Dividend
- The proof-of-concept test will help boost Cummins' (CMI) existing technology dominance in gaseous-fuel applications and powertrain, and will aid in advancing the hydrogen ecosphere.
- 07/14/2021
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Cummins (CMI) Dips More Than Broader Markets: What You Should Know
- Cummins (CMI) closed the most recent trading day at $241.49, moving -0.74% from the previous trading session.
- 07/13/2021
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Cummins Inc. Increases Quarterly Common Stock Dividend
- COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. “This marks our 12th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to shareholders while continuing to invest in our f
- 07/13/2021
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Cummins begins proof-of-concept testing of hydrogen-fueled internal combustion engine
- Shares of Cummins Inc. edged up 0.4% in premarket trading Tuesday, after the powertrains and auto components company said it has began testing a hydrogen-fueled internal combustion engine. The company said it will evaluate the engine, after the proof-of-concept testing is complete, for on- and off-highway applications.
- 07/13/2021
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Cummins Begins Testing of Hydrogen Fueled Internal Combustion Engine
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins' existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future. “Cummins is thrilled about the potential of the hydrogen e
- 07/13/2021
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Barron's 100 Top ESG Equities Show 77 With Dividends And 2 With Ideal Returns
- February 15, 2021, Barron's-Weekly published their fourth-ever 100 Most Sustainable Companies as-determined-by Calvert Research and Management division of Eaton Vance. These are "Barron's Sustainable 100," or BS100. The top-ten BS100 showed net gains ranging 17.34%-29.5% from PFG, RL, AVT, HPQ, MRK, CMI, RF, EMN, HBI, and KO. Technology, Consumer Cyclical, and Industrial sectors led; Energy was not represented.
- 07/12/2021
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Is July a good month for buying Cummins shares?
- Cummins Inc. (NYSE: CMI) shares have weakened from their recent highs above $260 registered in June 2021, and the current price stands around $243. Cummins raised its outlook for the fiscal 2021 year, and Bank of America sees this company attractive at current price levels.
- 07/09/2021
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3 Dividend-Paying Stocks to Buy in Q3 for Long-Term Growth
- Highlighting three stocks from different areas of the economy with solid dividend yields and long-term growth prospects.
- 07/08/2021
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ETF & Stocks to Ride on Auto Industry Strength
- The U.S. auto industry has been showing strength as the economy reopens and more people shift to private conveyance due to the COVID-19 pandemic.
- 07/06/2021
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Why Cummins (CMI) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 07/05/2021
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3 Value Stocks That'll Make You Richer in July (and Beyond)
- Value stocks have a knack for outperforming during the early stages of an economic recovery.
- 07/02/2021
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Cummins To Acquire 50% Stake In Momentum Fuel Technologies From Rush Enterprises For Undisclosed Sum
- Cummins Inc (NYSE: CMI) has agreed to acquire 50% equity interest in Momentum Fuel Technologies from Rush Enterprises Inc (NASDAQ: RUSHA). The terms of the deal were not disclosed.
- 06/29/2021
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Bull of the Day: Cummins (CMI)
- Bull of the Day: Cummins (CMI)
- 06/23/2021
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Get Over Bitcoin, Buy These 5 S&P 500 Stocks for Big Gains
- Bitcoin price drops as China increases crackdown, making it a risky asset. Instead, investors should buy safer S&P 500 growth stocks like Apple (AAPL) & Exxon Mobil (XOM) for big upside in near term.
- 06/23/2021
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2 Legendary Dividend Blue Chips To Buy During Next Market Downturn
- The market continues to defy gravity, creating elevated valuation and volatility risk for unsuspecting investors. Fortunately, there are always wonderful blue-chip opportunities for any goal, such as investors looking to cash in on the best economic growth in 40 years with industrials.
- 06/22/2021
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Industrial Gas Giants: Stable Option To Ride Green Hydrogen Wave
- Green hydrogen has been getting a lot of attention lately and is expected to be a massive opportunity. Green hydrogen has had several false starts in the past. A deeper look reveals several factors which indicate green hydrogen is becoming increasingly viable but still has hurdles to overcome.
- 06/22/2021
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Bill Nygren's Favorite Industrial Stocks
- When searching for value investment opportunities, Oakmark Fund manager Bill Nygren (Trades, Portfolio) takes the approach of a business owner, considering each position as owning a piece of the business as opposed to just a stock certificate.
- 06/17/2021
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Why Cummins (CMI) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 06/16/2021
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Top Ranked Income Stocks to Buy for June 16th
- Top Ranked Income Stocks to Buy for June 16th
- 06/16/2021
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New Strong Buy Stocks for June 14th
- New Strong Buy Stocks for June 14th
- 06/14/2021
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New Strong Buy Stocks for June 10th
- New Strong Buy Stocks for June 10th
- 06/10/2021
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Cummins Inc. (CMI) Management Presents at UBS Global Industrials and Transportation Conference (Transcript)
- Cummins Inc. (CMI) Management Presents at UBS Global Industrials and Transportation Conference (Transcript)
- 06/09/2021
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5 Top-Ranked Dividend Stocks for Growth
- Boyd Gaming (BYD), Intuit (INTU), Cummins (CMI), Caterpillar (CAT) and FedEx (FDX) seem attractive dividend growth stocks to bet on.
- 06/07/2021
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Cummins (CMI) Down 0.4% Since Last Earnings Report: Can It Rebound?
- Cummins (CMI) reported earnings 30 days ago. What's next for the stock?
- 06/03/2021
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S&P 500 Likely to Journey Northward in June: 5 Top Picks
- We have narrowed down our search to five large-cap S&P 500 stocks that have popped more than the benchmark year to date. These are: DHI, TGT, CMI, DOW and NUE.
- 06/03/2021
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Top Ranked Momentum Stocks to Buy for June 2nd
- Top Ranked Momentum Stocks to Buy for June 2nd
- 06/02/2021
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New Strong Buy Stocks for June 2nd
- New Strong Buy Stocks for June 2nd
- 06/02/2021
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Artificial Intelligence Ranks Cummins Inc Among Today's Top Buys
- The Dow rose 70 points, the S&P 500 ticked up 0.15%, and the Nasdaq squeaked up 0.08%. Meanwhile, Q.ai's artificial intelligence has dug up today's top buys.
- 06/02/2021
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Bull of the Day: Cummins Inc. (CMI)
- Bull of the Day: Cummins Inc. (CMI)
- 06/01/2021
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Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 05/31/2021
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New Strong Buy Stocks for May 28th
- New Strong Buy Stocks for May 28th
- 05/28/2021
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Cummins (CMI): Strong Industry, Solid Earnings Estimate Revisions
- Cummins (CMI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 05/28/2021
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Cummins Inc. (CMI) Management presents at Wolfe Global Transportation and Industrials Conference 2021(Transcript)
- Cummins Inc. (CMI) Management presents at Wolfe Global Transportation and Industrials Conference 2021(Transcript)
- 05/27/2021
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Artificial Intelligence Identifies Cummins Inc Among Today's Top Buys
- Stocks have modestly risen, propelled by economic reopening plays. Meanwhile, Q.ai's artificial intelligence has assessed each firm to find the best Top Buys.
- 05/26/2021
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New Strong Buy Stocks for May 25th
- New Strong Buy Stocks for May 25th
- 05/25/2021
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Cummins (CMI) Ups Ante in Hydrogen Capabilities in Spain
- Cummins' (CMI) latest investment is a classic example of its efforts to achieve carbon neutrality and fortify the hydrogen economy.
- 05/25/2021
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Cummins Selects Spain for its Gigawatt Electrolyzer Plant & Partners with Iberdrola to Lead the Green Hydrogen Value Chain
- COLUMBUS, Ind. & TOLEDO, Spain--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) joined today government leaders and partner Iberdrola, one of the world's largest energy companies, to announce its plans for one of the world's largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain. This investment in Spain comes on the heels of Iberdrola and Cummins' decision to partner together on large-scale hydrogen production projects in Spain
- 05/24/2021
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Sea change: Testing maritime uses for alternative energy
- A small, unusual-looking vessel docked in San Francisco last week. It was the Energy Observer's latest stop on a seven-year, around-the-world cruise to test and publicize the role alternative energy could play in the shipping industry.
- 05/19/2021
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Two experts on seeking out ESG improvers
- Valerie Grant, AllianceBernstein senior VP and senior portfolio manager, and Loreen Gilbert, Wealthwise Financial CEO, join 'Power Lunch' to discuss the opportunities they're seeing in the ESG space.
- 05/18/2021
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Top Ranked Income Stocks to Buy for May 18th
- Top Ranked Income Stocks to Buy for May 18th
- 05/18/2021
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The Ratings Game: Cummins stock now a buy as an inflation and hydrogen trade, BofA analyst says
- Shares of Cummins Inc. rose toward a third straight gain Monday, after BofA Securities analyst Ross Gilardi said it's time to buy, as the engine maker stands to benefit from the inflation and hydrogen trades more than its peers.
- 05/17/2021
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Cummins Stock Claws Higher on BofA Bull Note
- The shares of engine manufacturer Cummins Inc. (NYSE:CMI) are up 1.2% at $268.80 this morning, after the company received an upgrade from BofA Global Research to “buy” from “neutral" with a $325 price target.
- 05/17/2021
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New Cummins C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets
- SHOREVIEW, Minn., May 17, 2021 /PRNewswire/ -- Cummins Inc. (NYSE: CMI) is proud to announce the launch of the C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets for peaking and standby power applications.
- 05/17/2021
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Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 05/14/2021
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Cummins (CMI) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Cummins (CMI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 05/12/2021
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How to Find Strong Buy Auto, Tires and Trucks Stocks Using the Zacks Rank
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
- 05/12/2021
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New Strong Buy Stocks for May 12th
- New Strong Buy Stocks for May 12th
- 05/12/2021
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Cummins Inc. Declares Quarterly Common Stock Dividend
- COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on June 3, 2021, to shareholders of record on May 21, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hyb
- 05/11/2021
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Cummins Elects Carla Harris to its Board of Directors
- COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the election of Carla Harris to its Board of Directors. Ms. Harris is Vice Chairman of Wealth Management and Senior Client Advisor at Morgan Stanley. Over her 30-year career with Morgan Stanley, her experiences include investment banking, equity capital markets, equity private placements, and initial public offerings in a number of industries such as technology, transportation, and the industrial sector. For more than a
- 05/11/2021
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3 Top Stock Trades for the Week
- The Dow Jones Industrial Average is donning a leadership role. These three top stock trades are riding its coattails.
- 05/10/2021
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4 Top Stock Trades for Monday: Bitcoin, SQ, CMI, RKT
- Bitcoin, Square, Cummins and Rocket Companies are our top stock trades for Monday. Now, let's get a look at the charts going into the weekend.
- 05/07/2021
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V&M Breakouts: Top Growth And Dividend Stocks For May 2021
- V&M Breakouts: Top Growth And Dividend Stocks For May 2021
- 05/07/2021
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Is Cummins A Good Dividend Stock Portfolio Choice?
- Cummins' business will experience major change over the coming decade, as electrification will lead to fewer diesel engines being used.
- 05/07/2021
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Cummins Inc. (CMI) CEO Tom Linebarger on Q1 2021 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Tom Linebarger on Q1 2021 Results - Earnings Call Transcript
- 05/04/2021
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Cummins Reports First Quarter 2021 Results
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China and India. “Demand accelerated in the first quarter, as the global economy continued to improve, driving strong sal
- 05/04/2021
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5 Stocks To Watch For May 4, 2021
- Some of the stocks that may grab investor focus today are: Wall Street expects CVS Health Corp (NYSE: CVS) to report quarterly earnings at $1.71 per share on revenue of $68.39 billion before the opening bell. CVS shares rose 2.5% to $79.66 in after-hours trading.
- 05/04/2021
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Should You Buy Cummins (CMI) Ahead of Earnings?
- Cummins (CMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/03/2021
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Here's Why Cummins (CMI) is Poised for Q1 Earnings Beat
- Cummins' (CMI) Q1 results likely to reflect gains from rising sales across all major segments during the March-end quarter.
- 04/29/2021
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Why Cummins (CMI) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 04/28/2021
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8 Stocks That Could Crash if Infrastructure Spending Falls Through
- Infrastructure stocks could turn into risk stocks should the infrastructure bill fail to pass Congress. Here are eight that are under threat.
- 04/28/2021
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Automating With Gas: Plus And Cummins Developing Natural Gas Powered Self-Driving Trucks
- Self-driving truck developer Plus has announced a new initiative with global engine manufacturer Cummins to develop “the industry's first driver-in, supervised autonomous trucks powered by natural gas.”
- 04/27/2021
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5 Top-Ranked Dividend Growth Stocks for Q2
- The stocks TeleTech (TTEC), Goldman (GS), M.D.C. Holdings (MDC), Owens Corning (OC) and Cummins (CMI) could be great pricks to add dividend growth to your portfolio in Q2.
- 04/19/2021
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Cummins (CMI) Sees Hammer Chart Pattern: Time to Buy?
- Cummins (CMI) has been struggling lately, but the selling pressure may be coming to an end soon
- 04/14/2021
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Cummins and Tula Study of Diesel Dynamic Skip Fire (dDSF™) Shows 74% Reduction in NOx Emissions
- COLUMBUS, Ind. & SAN JOSE, Calif.--(BUSINESS WIRE)-- #SAE--Cummins Inc. and Tula Technology, Inc. announced the results of their collaborative study on the effectiveness of Tula's diesel Dynamic Skip Fire.
- 04/13/2021
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Why Cummins (CMI) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 04/12/2021
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Thoughts on Cummins? #AskHalftime
- The "Halftime Report" traders answer viewer questions in #AskHalftime.
- 04/07/2021
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Cummins Chairman and CEO Tom Linebarger Issues Statement on Voting Rights
- COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) Chairman and CEO, Tom Linebarger issued the following statement: “Cummins supports the Business Roundtable's recent statement on the importance of voting, and we agree “the right to vote is the essence of a democratic society.” We are active in, and support, efforts to advance voter accessibility and to make this fundamental right more broadly available. We are stronger as a nation when more people vote and are engaged in the civi
- 04/02/2021
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Watch These 21 Stocks to Benefit From the Infrastructure Bill
- Looking for stocks to benefit from the infrastructure bill? Make sure you consider EV stocks, wastewater stocks and even this top REIT.
- 03/31/2021
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Cummins: Hitting The Highway With Hydrogen
- Cummins is a well known, world leading engine maker for trucks and trains with more and more fueled by clean natural gas.
- 03/30/2021
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7 Infrastructure Stocks Ready for the Looming Supercycle
- With stimulus checks done, the next move may be an infrastructure bill from Congress. Here's some stocks that could benefit.
- 03/30/2021
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Automotive Power Leader Cummins Inc. Completes Deployment of One Network Control Tower for Demand Driven Inbound Supply, Inventory Optimization and Visibility
- DALLAS, March 30, 2021 /PRNewswire/ -- One Network Enterprises (ONE), a global provider of multi-party business networks for autonomous supply chain management, today announced that its customer Cummins Inc. (NYSE: CMI), a Fortune 500 corporation and a global power leader, has gone live on the One Network Platform with attribute-based forecasting, multi-tier inventory optimization and integrated inbound supply visibility. Leveraging One Network's platform and industry-leading Supply Chain Control Tower solution, Cummins is improving real-time visibility across European Aftermarket operations, enabling the company to quickly identify and optimally resolve potential issues before they occur.
- 03/30/2021
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This is Why Cummins (CMI) is a Great Dividend Stock
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 03/26/2021
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3 Industrial Stocks to Buy into Weakness
- Industrial stocks are in a cyclical bull market and just gave us an easy buying opportunity. Here's how to capitalize.
- 03/24/2021
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7 Manufacturing Stocks That Will Help You Build a Better Portfolio
- Manufacturing stocks are the true sign that economic recovery is underway. These seven stocks help show that we're on the right path.
- 03/22/2021
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Industrials are seeing the 'perfect storm,' says Jefferies analyst
- Nicole DeBlase, lead industrials analyst at Deutsche Bank, and Stephen Volkmann, industrials analyst at Jefferies, join "Squawk on the Street" to discuss the industrials sector as it moves higher.
- 03/19/2021
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FuelCell, Cummins: Will Hydrogen Stocks Continue To Outperform?
- Our theme of Hydrogen Economy Stocks includes the stocks of U.S. listed companies that sell hydrogen fuel cells, renewable energy equipment, and supply hydrogen gas. The theme is up by a solid 245% since the end of 2019, compared to a return of about 23% for the S&P 500, driven by increasing.
- 03/18/2021
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Cummins (CMI) Strikes Deal With Hino, Hits 52-Week High
- Cummins (CMI) has further upside potential, courtesy of its clean balance sheet and ramped up capabilities in fuel cell and hydrogen production technology despite cost headwinds.
- 03/16/2021
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Why Cummins (CMI) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 03/11/2021
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Cummins Introduces New Heavy-Duty Powertrain for Natural Gas Customers
- COLUMBUS, Ind.--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) and Cummins Westport Inc. announced today that the ISX12N+Endurant HD N powertrain from its Integrated power portfolio is now available for heavy-duty customers, delivering a fully integrated natural gas powertrain. The combination of the ISX12N near zero natural gas engine and the Endurant HD N 12-speed automated transmission from Eaton Cummins Automated Transmission Technologies is well suited for heavy-duty regiona
- 03/08/2021
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V&M Breakouts: Top Growth And Dividend Stocks For March 2021
- Releasing two top March stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have been released each month this year with average weighted gains of +41.1% and the S&P 500 +2.3% YTD.
- 03/06/2021
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Okta Drops, Cummins Rises, and Stocks Are Little Changed
- Stocks edged lower as investors await more remarks from Federal Reserve Chairman Jerome Powell.
- 03/04/2021
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Cummins, Inc. (CMI) Presents at 13th Annual Evercore ISI Industrial Conference - Transcript
- Cummins, Inc. (CMI) Presents at 13th Annual Evercore ISI Industrial Conference - Transcript
- 03/02/2021
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Cummins Inc. (CMI) Management Presents at Raymond James Associates 42nd Annual Institutional Investors Conference- Transcript
- Cummins Inc. (CMI) Management Presents at Raymond James Associates 42nd Annual Institutional Investors Conference- Transcript
- 03/01/2021
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Cummins Names Lamb-Hale Vice President and General Counsel
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a remarkable legal understanding that will equip her to continue to lead, shape and build the Cummins legal function into
- 03/01/2021
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Cummins Promotes Five Leaders to Vice President
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that several leaders were named vice presidents, effective March 1. These appointments are consistent with the company's approach to succession planning and leadership development to ensure the company is best positioned for continued growth and success. "The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees and communities can continue to thrive
- 02/25/2021
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Are You Looking for a High-Growth Dividend Stock? Cummins (CMI) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 02/22/2021
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Why Cummins' Stock Looks Expensive At $240
- After rising over 130% from its March 2020 lows, and now trading at close to all-time highs of about $244 per share, Cummins a company that sells engines used in trucks, as well as filtration, and power generation products appears to be fully valued. In comparison, the broader S&P 500 has rallied.
- 02/18/2021
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Cummins Makes Several Key Leadership Appointments
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company's approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees and communities can continue to t
- 02/12/2021
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Cummins Inc. Declares Quarterly Common Stock Dividend
- COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on March 4, 2021, to shareholders of record on February 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric a
- 02/09/2021
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Why Cummins (CMI) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?
- 02/05/2021
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Cummins and Isuzu Announce Global Mid-Range Powertrain and Advanced Engineering Collaboration
- COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and alternate powertrains to global markets.
- 02/05/2021
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Cummins Inc. (CMI) CEO Thomas Linebarger on Q4 2020 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Thomas Linebarger on Q4 2020 Results - Earnings Call Transcript
- 02/04/2021
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Cummins' (CMI) Q4 Earnings & Sales Beat Estimates, Rise Y/Y
- Cummins projects full year 2021 revenues to be up 8-12% and EBITDA to be in the range of 15-15.5% of sales.
- 02/04/2021
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Cummins (CMI) Q4 Earnings and Revenues Top Estimates
- Cummins (CMI) delivered earnings and revenue surprises of 22.63% and 12.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/04/2021
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Cummins Reports Fourth Quarter and Full Year 2020 Results
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter w
- 02/04/2021
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Cummins VP and Chief Administrative Officer Marya Rose Retiring; VP and General Counsel Sharon Barner Named Successor
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that Chief Administrative Officer (CAO) Marya Rose will be retiring, effective April 2021, after more than 20 years in leadership positions with the company. Vice President and General Counsel, Sharon Barner, will succeed Rose. “Marya has had an incredible career, and during her more than two decades at Cummins, we have benefitted greatly from her leadership and unwavering commitment to our values,” said Tom Linebarger, C
- 02/02/2021
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Cummins (CMI) to Report Q4 Earnings: What's in the Cards?
- Dismal contributions from the Distribution, Engine, Power Systems and Components segments might have depressed Cummins' (CMI) bottom line during the December-end quarter.
- 02/01/2021
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How To Invest In Hydrogen
- How To Invest In Hydrogen
- 01/31/2021
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2020 Annual Review Of DivGro
- 2020 Annual Review Of DivGro
- 01/31/2021
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Cummins (CMI) Reports Next Week: Wall Street Expects Earnings Growth
- Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/28/2021
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5 Solid Dividend Growth Stocks for Assured Returns in 2021
- FedEx (FDX), Broadcom (AVGO), Cummins (CMI), AGCO Corporation (AGCO) and TeleTech (TTEC) look solid choices to build the 2021 portfolio.
- 01/27/2021
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Cummins Hydrogen Technology Powers the Largest Proton Exchange Membrane (PEM) Electrolyzer in Operation in the World
- BÉCANCOUR, Quebec--(BUSINESS WIRE)--Global technology and power solutions leader Cummins Inc. (NYSE: CMI) has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Quebec and began commercial operation in late 2020. The Cummins PEM Electrolyzer can produce over 3,000 tons of hydrogen annually using clean hydropower. “Cre
- 01/26/2021
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The 7 Best Dividend Stocks To Buy On The Market Today
- While these stocks aren't found in the Dow Jones Industrials, they certainly fit the bill for reliability and their economic value. The post The 7 Best Dividend Stocks To Buy On The Market Today appeared first on InvestorPlace.
- 01/25/2021
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Will Cummins (CMI) Beat Estimates Again in Its Next Earnings Report?
- Cummins (CMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/21/2021
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Bloom, SunPower, Cummins: Hydrogen Economy Stocks To Watch As Biden Administration Takes Over
- While the hydrogen economy, or the process of producing hydrogen and using it as a fuel, and replacing fossil fuels, largely remains a concept that has only gained a little commercial traction, this could be set to change as climate change is at the core of President Joe Biden's agenda.
- 01/21/2021
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Cummins' (CMI) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Cummins Inc. (CMI).
- 01/21/2021
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2020 US Auto Sales Slip to 1970s Level: ETFs, Stocks in Focus
- The U.S. auto industry witnessed the worst plunge in 2020 not seen since the 1970s.
- 01/12/2021
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When will truck makers feel the sting of semiconductor shortage?
- Truck makers so far are being spared impacts of a semiconductor shortage that forced a Ford Motor Co. plant in Louisville, Kentucky, to close for a week and is affecting other automakers. Semiconductors, microchips and silicon wafers perform control and memory functions in engine control modules, safety systems and telematics.
- 01/11/2021
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7 Hydrogen Stocks to Buy for the Future of Travel
- With a new administration focused on clean energy taking office, look for these hydrogen stocks to sustain positive perfomances this year. The post 7 Hydrogen Stocks to Buy for the Future of Travel appeared first on InvestorPlace.
- 01/06/2021
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Cummins Selects Rudd Resources As Communications Partner For Diversity, Equity And Inclusion Initiatives
- CHICAGO, Jan. 4, 2021 /PRNewswire/ -- Rudd Resources LLC has been selected to assist Cummins Inc. (NYSE: CMI) in planning and implementing its diversity, equity and inclusion (DE&I) communications strategy. Through strategic counsel and content development, Rudd Resources will help...
- 01/04/2021
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2020 Portfolio Review: What a Year
- Without a doubt, 2020 will be a year few will ever forget. A global pandemic upended normal life for so many people.
- 01/03/2021
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V&M Breakouts: Top Growth & Dividend Stocks For January 2021
- V&M Breakouts: Top Growth & Dividend Stocks For January 2021
- 01/03/2021
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4 Top Stock Trades for Monday: AAPL, GLD, MRNA, CMI
- Apple, the gold ETF, Moderna and Cummins were our top stock trades as head into the first trading session of 2021. Let's look at the charts.
- 12/31/2020
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4 Auto Stocks Poised to Continue Their Winning Streaks in 2021
- The auto sector is projected to witness year-on-year earnings growth of 58% in 2021. Amid the upbeat scenario, stocks like TSLA, MGA, CMI and ADNT are set to fly high next year.
- 12/24/2020
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V&M Top Growth And Dividend MDA Breakouts: 2020 Year-End Report Card
- The 2020 Growth & Dividend MDA Portfolios are all positive with weighted average monthly returns of +16.67% while the S&P 500 annual returns are +14.1% YTD. The Growth & Dividend MDA portfolios are all long-term high-dividend portfolios each stock has over 2%+ dividend yields that are not added in the total return.
- 12/23/2020
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3 Stocks You Didn't Know Were Betting on Renewable Energy
- Some big names are investing heavily in renewable energy right now.
- 12/21/2020
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Make Your Yuletide Splurge Profitable With These Auto Stocks
- Large-cap auto companies including GM, CMI, LKQ and FCAU with strong balance sheet and upbeat prospects are worth placing your bets on for a rewarding portfolio.
- 12/17/2020
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Cummins Inc. (CMI) Presents at BofA Securities 2020 Hydrogen Conference (Transcript)
- Cummins Inc. (CMI) Presents at BofA Securities 2020 Hydrogen Conference (Transcript)
- 12/16/2020
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Cummins relies on predictive analytics to navigate pandemic
- As the new executive director of global supply chain planning at Cummins Inc. (NYSE: CMI) Heather Kettelhohn spent just four days in her office. Then the coronavirus began shutting down operations globally.
- 12/15/2020
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Bloom, Cummins, First Solar: Stocks To Play The Hydrogen Economy
- Interest in clean energy stocks has soared this year. Our theme of Hydrogen Economy Stocks includes the stocks of U.S. based companies that sell fuel cells, renewable energy equipment, and supply hydrogen gas.
- 12/14/2020
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3 Hydrogen Stocks to Buy if Hydrogen Is the Future
- These hydrogen stocks belong to needle-movers of the sector, which are investing heavily in the upcoming energy transition. The post 3 Hydrogen Stocks to Buy if Hydrogen Is the Future appeared first on InvestorPlace.
- 12/08/2020
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Cummins Inc. (CMI) Management Presents at Credit Suisse 8th Annual Virtual Industrials Conference (Transcript)
- Cummins Inc. (CMI) Management Presents at Credit Suisse 8th Annual Virtual Industrials Conference (Transcript)
- 12/02/2020
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Cummins Launches New Smart Connected Engine for Freightliner Cascadia
- COLUMBUS, Ind.--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) announced the release of Cummins' first connectivity-enabled X15 Efficiency series engine and new Endurant™ HD powertrain for Freightliner Trucks. Available in the Cascadia line, Freightliner customers can take advantage of Cummins' advanced engine computing module known as Acumen®, which comes factory installed and connects to Cummins' technology platform for direct access to digital apps, over the air product enhanc
- 12/02/2020
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Jim Cramer recommends Linde and Cummins for the future of hydrogen energy
- "Mad Money" host Jim Cramer explained why he is bullish on Cummins and Linde as a way invest in the future of renewable energy.
- 11/30/2020
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V&M Breakouts: Top Growth And Dividend Stocks For December 2020
- Releasing two top December stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from the November portfolio. The November portfolio completes the first month +15.33% led by United Microelectronics +31.5% and ViacomCBS +22.7%.
- 11/30/2020
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Cummins Inc.: Momentum for Hydrogen Transit Grows as European Consumers Prioritise Climate Before Cost When It Comes to Travel
- GLADBECK, Germany--(BUSINESS WIRE)--In conjunction with European Hydrogen Week, global power leader Cummins Inc. (NYSE: CMI) today shared new research revealing that more than half of the United Kingdom (UK) commuters would be willing to travel to work on a train or bus powered by hydrogen to lower their carbon footprint and reduce emissions and nearly half of commuters in Belgium and Germany expressed the same view. This new data was obtained through a survey of 6,000 respondents in Belgium, G
- 11/23/2020
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Diesel Engine Giant Cummins Plans Hydrogen Future–With Trains Coming Before Trucks
- The manufacturer of diesel engines for boats, heavy-duty pickups, delivery vehicles, buses and semis sees big opportunities for its hydrogen technology.
- 11/16/2020
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Cummins Closes on NPROXX Joint Venture for Hydrogen Storage
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that it closed on the previously announced NPROXX joint venture with ETC for hydrogen storage tanks. “NPROXX's leading hydrogen storage products are an exciting complement to our broad and differentiated hydrogen portfolio,” said Amy Davis, Vice President and President, New Power at Cummins Inc. “Many companies aspire to shape tomorrow's hydrogen economy, but very few have all of the elements required. We are excited to b
- 11/13/2020
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Cummins, Navistar to develop hydrogen fuel cell-powered heavy truck
- Cummins Inc. and Navistar International Corp. announced Wednesday a partnership to develop a heavy Class 8 truck powered by hydrogen fuel cells. The engine and engine parts makers said the project will be partly funded through an award from the U.S. Department of Energy, as part of an initiative to develop affordable hydrogen production, storage, distribution and use.
- 11/11/2020
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Cummins: Strong Q3 Earnings
- Cummins showed strong recovery in Q3'20 driven by improved business performance and recovery in China. Being a cyclical company coming out a recent downturn, Cummins has done a great job restructuring its business lines to position itself for strong recovery over the next 12 months.
- 11/09/2020
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6 Hydrogen Stocks To Buy For The Next Generation Of Travel
- The hype around hydrogen power is quickly becoming a reality, and these hydrogen stocks to buy are on the leading edge of our alternative energy future. The post 6 Hydrogen Stocks To Buy For The Next Generation Of Travel appeared first on InvestorPlace.
- 11/06/2020
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6 Dividend Increases Expected In November 2020
- AbbVie snuck in a nice dividend increase before the end of the month. I was caught completely off-guard by the announcement. Whirlpool delivered a 4.17% dividend increase to their shareholders. Cummins announced a 2.97% dividend increase.
- 11/06/2020
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Were These Hedge Funds Right About Betting On Cummins Inc. (CMI)?
- In this article we will check out the progression of hedge fund sentiment towards Cummins Inc. (NYSE:CMI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have access to expert networks and get tips from industry insiders. They also employ numerous Ivy League graduates and MBAs. Like everyone else, hedge funds perform miserably at times, but their consensus picks have historically outperformed the market after risk adjustments.
- 11/04/2020
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Cummins Receives Federal Grants to Advance Solid Oxide Fuel Cells
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) has announced the company received two federal grants totaling $4.6 million to advance commercialization of solid oxide fuel cell (SOFC) technology, which could play a critical role in helping commercial and industrial customers reduce their carbon impact while providing energy resiliency and cutting costs. SOFCs can convert fossil fuels into energy much more efficiently than combustion-based processes and can also use low- and no-carbon
- 11/02/2020
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Cummins Launches National Initiative to Improve Racial Equity
- COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the launch of Cummins Advocating for Racial Equity (CARE). CARE is another step forward in Cummins' intent to take a leading role in undoing systemic discrimination against the Black community in the U.S. “Institutional racism is a disease; deeply rooted and longstanding, and makes our society weaker,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “It will take decisive and sustained action to dismantle racism, and
- 10/30/2020
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Goldman Sachs Says Buy 4 Top Industrial Stocks After Very Solid Q3 Results
- For years, technology has dominated the stock market, and with good reason. The profound change since the turn of the century has been breathtaking, and many normal, everyday things now were not even considered them.
- 10/29/2020
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Cummins Inc. (CMI) CEO Tom Linebarger on Q3 2020 Results - Earnings Call Transcript
- Cummins Inc. (CMI) CEO Tom Linebarger on Q3 2020 Results - Earnings Call Transcript
- 10/27/2020
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Cummins Q3 earnings: A classic V-shaped recovery
- Cummins Inc. (NYSE: CMI) Q3 earnings rebounded from the biggest decline in quarterly sales in its 100-year history to the largest sequential increase. The diesel and alternative powertrain manufacturer blew through revenue and profit estimates for the July-September quarter.
- 10/27/2020
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Cummins: Q3 Earnings Insights
- Shares of Cummins (NYSE:CMI) rose 3.3% in pre-market trading after the company reported Q3 results.
- 10/27/2020
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Cummins stock surges toward a record after profit and revenue beats, upbeat outlook
- Shares of Cummins Inc. surged 4.2% toward a record high in premarket trading Tuesday, after the diesel, natural gas and electric engines maker reported third-quarter profit and sales that fell, but beat expectations, and provided an upbeat outlook. Net income declined to $501 million, or $3.36 a share, from $622 million, or $3.97 a share, in the year-ago period.
- 10/27/2020
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Cummins Reports Third Quarter 2020 Results
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2020. Third quarter revenues of $5.1 billion decreased 11 percent from the same quarter in 2019. Sales in North America declined by 18 percent while international revenues were flat. Currency negatively impacted revenues by 1 percent primarily due to a weaker Brazilian Real. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the third quarter were $876 million (17.1
- 10/27/2020
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Global Diesel Bottled (Aftermarket) Fuel Additives Market 2020-2024 - Market is Poised to Grow by $ 167.59 Million - ResearchAndMarkets.com
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HIGHLIGHTS, IPL 2020: RCB win by eight wickets against KKR in Abu Dhabi
- Kolkata Knight Riders vs Royal Challengers Bangalore IPL 2020: RCB chase the target of 85 in 13.4 overs to consolidate their spot in the top four
- 10/21/2020
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Filtration manufacturer achieves 150% improvement in replacement hours
- By extending the cycle replacement hours, the ultimate goal is to increase savings associated with maintenance costs and increased uptime.
- 10/21/2020
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Dividend Changes: October 10-16, 2020
- In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.
- 10/21/2020
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Marine Hybrid & Full Electric Propulsion Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 - ResearchAndMarkets.com
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Cummins (CMI) Scheduled to Post Quarterly Earnings on Tuesday
- Cummins (NYSE:CMI) is scheduled to announce its earnings results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $2.32 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link. Cummins (NYSE:CMI) last released its quarterly […]
- 10/20/2020
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Highlights, IPL 2020: Lockie Ferguson powers KKR to a thrilling win over SRH in Super Over
- Lockie Ferguson bowled an exceptional Super Over to lead Kolkata Knight Riders to a thrilling win against Sunrisers Hyderabad in Indian Premier League on Sunday.
- 10/18/2020
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Cummins Launches New Digital Master Controls for Total System Control
- Cummins added two new Digital Master Controls, DMC2000 and 6000 to their suite of PowerCommand® power system paralleling products.
- 10/18/2020
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Cummins (NYSE:CMI) Hits New 52-Week High After Analyst Upgrade
- Cummins Inc. (NYSE:CMI)’s share price reached a new 52-week high during mid-day trading on Friday after Citigroup raised their price target on the stock from $215.00 to $250.00. Citigroup currently has a buy rating on the stock. Cummins traded as high as $225.97 and last traded at $225.97, with a volume of 1777 shares changing […]
- 10/17/2020
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Live Cricket Score, MI vs KKR IPL 2020: De Kock, bowlers power Mumbai to 8-wicket win
- Live Cricket Score, MI vs KKR IPL 2020: Follow ball-by-ball updates from Mumbai Indians vs Kolkata Knight Riders live match online on indiatvnews.com.
- 10/16/2020
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MI vs KKR Live Score, IPL 2020 Match Today: Bumrah gets Russell, KKR in trouble after top-order collapse
- IPL 2020 Live Cricket Score, Mumbai Indians (MI) vs Kolkata Knight Riders (KKR): Eoin Morgan-led Kolkata Knight Riders have won the toss and opted to bat first against defending Champions Mumbai in the 32nd match of the Indian Premier League 2020 today. Catch the live updates of MI vs KKR IPL 2020 clash here.
- 10/16/2020
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Residential Backup Power Market Will Accelerate at a CAGR of About 3% Through 2020-2024 | Growing Use of Batteries for Power Back Up to Upheave Growth | Technavio
- The Global Residential Backup Power Market will grow by USD 1.32 bn during 2020-2024
- 10/16/2020
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$15.6 Billion Worldwide Power Rental Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
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Hydrogen Stocks Are Hyped. Earnings Will Have to Keep Up.
- The idea that hydrogen can be a viable alternative fuel replacement for oil and gas has enjoyed a renaissance in 2020.
- 10/13/2020
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Cummins (NYSE:CMI) Given New $221.00 Price Target at Deutsche Bank Aktiengesellschaft
- Cummins (NYSE:CMI) had its price objective lifted by stock analysts at Deutsche Bank Aktiengesellschaft from $202.00 to $221.00 in a research note issued on Tuesday, The Fly reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential downside of 0.34% from the stock’s current price. […]
- 10/13/2020
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Global Automotive eCall Market 2020-2024: Next-Generation Telematics Protocol Driving the Market - ResearchAndMarkets.com
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Highlights, IPL 2020: AB de Villiers shines in RCB's massive 82-run win over KKR
- De Villiers smashed a sensational 33-ball 73 not out to power RCB to 194 for 2 after opting to bat. Then the RCB spin duo of Sundar (2/20) and his senior partner Chahal (1/12) reduced the match to a no-contest, stifling KKR to 112 for 9 in 20 overs.
- 10/12/2020
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Cummins India says revival taking place, ‘bullish’ on India market
- Cummins India reported a 65 per cent decline in consolidated profit after tax (PAT) at Rs 53.02 crore in the April-June quarter of the current fiscal, impacted by the coronavirus pandemic, as compared to a PAT of Rs 152.56 crore in the same period of FY20.
- 10/11/2020
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Cummins India says revival taking place, 'bullish' on India market
- Cummins India said it expects to get back to the optimum capacity utilisation across its plants, which is on average 80-85%, by the middle of 2021
- 10/11/2020
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Cummins India says revival taking place, 'bullish' on India mkt | Business
- The company was also impacted like all others in the industry because of the nearly two months of complete lockdown, but it was ale to come back pretty strongly, he said, adding, "overall, we are quite bullish and optimistic that things are continuing to get better," Ram said. Various cost-saving measures in the areas of variable and fixed costs, including a 10-15 per cent reduction in the professional workforce, taken both in pre- and post-lockdown period helped the company in managing the business in times of the pandemic.
- 10/11/2020
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Cummins Inc. (NYSE:CMI) Shares Sold by Assenagon Asset Management S.A.
- Assenagon Asset Management S.A. cut its stake in shares of Cummins Inc. (NYSE:CMI) by 62.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,661 shares of the company’s stock after selling 38,068 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Cummins […]
- 10/10/2020
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Cummins Continues to Power Bustech With New Battery Electric and Fuel Cell Electric Powertrains | | IT Business Net
- COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Bustech, Australia's largest supplier of transit buses designed, engineered and manufactured in Australia, announced an agreement to
- 10/09/2020
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Generator Sales Market Ravishing Growth With Major Industry Factors And Key Players Till 2026 | Fortune Business Insights
- Oct 09, 2020 (The Expresswire) --
The global generator sales market is expected to gain momentum from an ever-increasing demand for oil and gas. According to...
- 10/09/2020
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Cummins Continues to Power Bustech With New Battery Electric and Fuel Cell Electric Powertrains
- Cummins Inc. (NYSE: CMI) and Bustech, Australia’s largest supplier of transit buses designed, engineered and manufactured in Australia, announced an a
- 10/09/2020
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'I was in a dark place': Ben Cummins fled country after grand final controversy
- The leading NRL referee has broken a year-long silence about the six-again call that also led to suicidal thoughts and forced him to pull his son out of school.
- 10/08/2020
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Highlights, IPL 2020: Clinical Kolkata Knight Riders beat rusty Chennai Super Kings by 10 runs
- Chasing a formidable target of 168, CSK managed to score 157/5 in the 20 overs as KKR won the match by 10 runs.
- 10/07/2020
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Creative Financial Designs Inc. ADV Has $292,000 Stock Position in Cummins Inc. (NYSE:CMI)
- Creative Financial Designs Inc. ADV grew its position in Cummins Inc. (NYSE:CMI) by 101.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,383 shares of the company’s stock after buying an additional 695 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Cummins were worth […]
- 10/07/2020
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Telecom Power Solutions Market will Showcase Negative Impact during 2020-2024 | Growing Investment in Telecommunication Networks to Boost Market Growth | Technavio
- The Global Telecom Power Solutions Market will grow by $ 2.42 bn during 2020-2024
- 10/07/2020
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Emission Control Catalysts Market to Reach USD 4.09 bn by 2024, BASF SE, Cataler Corp., and Clariant International Ltd., Emerge as Key Contributors to Growth | Technavio
- The Global Emission Control Catalysts Market will grow by USD 4.09 bn during 2020-2024
- 10/06/2020
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Temporary Power Market Size, Share Global Key Leader Analysis, Segmentation, Growth, Future Trends, Gross Margin, Demands, Impact of COVID-19 on Emerging Technologies by Regional Forecast to 2025
- Oct 05, 2020 (The Expresswire) --
Global “Temporary Power Market” report gives a historical overview of the Temporary Power market trends, growth, revenue,...
- 10/05/2020
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Global Transfer Switch Market (2020 to 2026) - by Type and Application - ResearchAndMarkets.com
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Highlights, IPL 2020: Delhi Capitals beat Kolkata Knight Riders by 18 runs to go top of table
- Skipper Shreyas Iyer top-scored for the Capitals with an unbeaten 88 while Prithvi Shaw made 66. Andre Russell was the pick of the bowlers for KKR with figures of 2/29 from his four overs.
- 10/03/2020
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Gas Engine Market Rising Trends, Technology and Business Outlook 2020 to 2025
- Oct 01, 2020 (AmericaNewsHour) --
The Global Gas Engine Market was valued at USD 3.41 billion in 2016 and is projected to reach USD 5.90 billion by 2025,...
- 10/01/2020
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Top 5 Vendors in the Automotive Coolant Market from 2020 to 2024- COVID Impact | Technavio
- The Global Automotive Coolant Market will grow by 41.29 mn gal during 2020-2024
- 10/01/2020
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Power Rental Market Size, Top Countries Data, Share 2020 Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast to 2025
- Sep 30, 2020 (AmericaNewsHour) --
The Global Power Rental Market was valued at USD 12.62 billion in 2016 and is projected to reach USD 26.36 billion by 2025,...
- 09/30/2020
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Power Rental Market Research Report – Global Forecast Till 2025
- Sep 29, 2020 (AmericaNewsHour) --
The Global Power Rental Market was valued at USD 12.62 billion in 2016 and is projected to reach USD 26.36 billion by 2025,...
- 09/29/2020
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Global Hydrogen Generation Market (2020 to 2024) - Key Drivers, Challenges and Trends - ResearchAndMarkets.com
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COVID-19 Recovery Analysis: Fuel Additives Market | Rising Demand For ULSD to Boost the Market Growth | Technavio
- The Global Fuel Additives Market will grow by $ 4.08 bn during 2020-2024
- 09/27/2020
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Highlights, IPL 2020: Shubman Gill powers KKR to seven-wicket win over SRH
- Shubman Gill scored unbeaten 70 runs in a 143-run chase to power KKR to 7 wicket win over SRH.
- 09/26/2020
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Global Diesel Generator Market Report 2020: Size, Share, Trends Analysis & Forecasts, 2016-2019 & 2020-2027 - ResearchAndMarkets.com
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Three Machinery Stocks for the ‘Rise of Industrial Tech’
- Bernstein initiated coverage of U.S. machinery companies on Wednesday. Analyst Chad Dillard likes Cummins, Agco and Trimble.
- 09/23/2020
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Global Automotive Air Filters Market to 2026 - by Product, Application, End-use and Region - ResearchAndMarkets.com
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COVID-19 Recovery Analysis: Industrial Turbocharger Market | Stringent Emission Regulations to boost Market Growth | Technavio
- The Global Industrial Turbocharger Market will grow by $ 841.56 mn during 2020-2024
- 09/17/2020
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England v Australia, third one-day cricket international – live!
- Over-by-over report: Can England claim a series win against Australia at Old Trafford in the decisive third and final one-day international?
- 09/16/2020
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Global Power Rental Accessories Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABM Investama Tbk and Aggreko Plc | Technavio
- The Global Power Rental Accessories Market will grow by $ 10.60 mn during 2020-2024
- 09/15/2020
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England beat Australia by 24 runs to win second ODI – as it happened
- Australia collapsed at Old Trafford as England’s bowlers blew away the tail
- 09/13/2020
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England vs Australia LIVE! Second ODI
- Welcome to the Evening Standard’s live cricket commentary of England vs Australia, the second in the three-match ODI series. The visitors took the spoils on Friday night despite a century from Sam Billings, as Australia won by 19 runs.
- 09/13/2020
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General Motors’ Deal With Nikola Could Double Its Stock Price
- When Nikola and GM announced their partnership, it was clear what Nikola got—manufacturing, batteries, purchasing power, and perhaps validation. But GM got something even more important: belief.
- 09/12/2020
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General Motors’ Deal With Nikola Could Double Its Stock Price
- When Nikola and GM announced their partnership, it was clear what Nikola got—manufacturing, batteries, purchasing power, and perhaps validation. But GM got...
- 09/12/2020
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Cummins Inc. (CMI) Management Presents at Cowen 2020 Global Transportation & Sustainable Mobility Conference (Transcript)
- Cummins Inc. (NYSE:CMI) Cowen 2020 Global Transportation & Sustainable Mobility Conference September 10, 2020 09:45 AM ET Company Participants James Hopkins - Director of Investor Relations Conference Call Participants Matt Elkott - Cowen Presentation Matt Elkott Good morning, everyone, and good afternoon to participants around the world.
- 09/10/2020
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The Retirees' Dividend Portfolio: John And Jane's August Taxable Account Update
- The Taxable account generated $1,674.90 of dividends in August of 2020 compared with $1,591.52 of dividends in August of 2019.
- 09/10/2020
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COVID-19: Residential Portable Generator Market in US (2020-2024)- Roadmap for Recovery| Major Power Outages Due to Natural Disasters to Boost the Market Growth | Technavio
- The Residential Portable Generator Market in US will grow by USD 84.07 mn during 2020-2024
- 09/10/2020
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Cummins secures China project win for new gas-fired generator | Power Engineering
- Cummins has secured its first project win for its new gas-powered C25G generator series. It will provide all power and heat to an 18-floor, 26,730 sq. metre, commercial building in Shandong Province, China. Cummins’ C25G generator (pictured), fueled by natural gas, was selected to offer a combined cooling, heat and power solution (CCHP). Once operational,...
- 09/08/2020
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Dividend Champions For September 2020
- Monthly update of the Dividend Champions List. 34 companies declared higher dividends in the past month, with an average increase of 8.4% over their previous payouts.
- 09/02/2020
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Cummins Shows Again That It Is A Cyclical King
- Cummins has a long history of good expense management, and the company delivered yet again with low-20%'s decremental margins that drove a sizable per-share segment income beat.
- 08/31/2020
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Dividend Champion And Contender Highlights: Week Of August 30
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Global Fuel Additives Market 2020-2024: Rising Demand for ULSD and Biofuels - ResearchAndMarkets.com
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Allison Transmission's Lagging Performance Pushing The Stock Into Value Territory
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Synovus Financial Corp Decreases Stock Position in Cummins Inc. (NYSE:CMI)
- Synovus Financial Corp cut its holdings in Cummins Inc. (NYSE:CMI) by 78.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,349 shares of the company’s stock after selling 5,035 shares during the quarter. Synovus Financial Corp’s holdings in Cummins were worth $233,000 at the […]
- 08/26/2020
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COVID-19 Impact & Recovery Analysis - Mobile Power Generation Equipment Rentals Market (2020-2024) | Increasing Infrastructural Activities to Boost Growth | Technavio
- The Global Mobile Power Generation Equipment Rentals Market will grow by USD 1.50 bn during 2020-2024
- 08/26/2020
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Analysis on Impact of COVID-19: Emission Control Catalysts Market 2020-2024 | Growth In Automotive Sector to Boost the Market Growth | Technavio
- The Global Emission Control Catalysts Market will grow by USD 4.09 bn during 2020-2024
- 08/24/2020
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Passage pip Mount Sion in Waterford semi-final thriller
- Passage set up final date with Ballygunner
- 08/23/2020
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Deere can keep outpacing Caterpillar after another strong earnings report, traders say
- The disconnect between the once closely aligned industrial stocks is set to keep growing, two traders say.
- 08/20/2020
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The Retiree's Dividend Portfolio - Jane's July Update: Resilient Dividends
- Jane's retirement accounts generated a total of $2,028.65 of dividend income for July 2020 vs. $1,988.24 of dividend income for July of 2019.
- 08/19/2020
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Cummins, Inc. -- Moody's assigns A2 rating to Cummins' $1.5 to $2.0 billion issuance of unsecured notes; outlook is stable
- Moody's Investors Service, ("Moody's") assigned an A2 rating to Cummins, Inc.'s ("Cummins") issuance of senior unsecured notes. Cummins' current A2 long-term rating, Prime-1 short-term rating, and stable outlook are unaffected by the issuance of these notes.
- 08/17/2020
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There's A Lot To Like About Cummins' (NYSE:CMI) Upcoming US$1.31 Dividend
- Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- 08/17/2020
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Dividend Champion And Contender Highlights: Week Of August 16
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/15/2020
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Cummins: A Touch Overvalued Here
- Cummins shares have hit new highs as hopes of an economic recovery are being baked into the stock. The company has continued to find ways to grow over time and would be a great holding in a well-diversified portfolio should shares be purchased at an attractive price.
- 08/14/2020
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The Retirees' Dividend Portfolio: John And Jane's July Taxable Account Update
- The Taxable account generated $1,337.01 of dividends in July of 2020 compared with $1,030.43 of dividends in July of 2019.
- 08/13/2020
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Is Cummins (CMI) Stock a Solid Choice Right Now?
- Cummins (CMI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 08/13/2020
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Navistar & Cummins to Jointly Develop Advanced Technologies
- Cummins (CMI) will provide medium-sized and heavy-duty large-bore engines for foreign trucks and IC buses to Navistar (NAV) in the United States and Canada.
- 08/12/2020
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UTA seeing ridership increases after COVID-19 low point in April
- OGDEN — As the Utah Transit Authority moves to reimplement much of the service that was lost during the initial stages of the COVID-19 pandemic, officials there say ridership has
- 08/12/2020
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The Daily Dash: Trucking's Payroll Tax Problem, Nikola's Surprise Order And Trucker Sentenced
- The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, trucking ponders its next move following President Donald Trump's payroll tax deferment order. Plus, Nikola receives a huge order from an unexpected source; Cummins and Navistar ink a new deal; and a truck driver is sentenced for a crash that killed five.When Is A Tax Break Not Really A Tax Break?Will truck drivers and trucking companies see any additional money from Trump's payroll tax deferment order? Maybe not immediately, and if they do, there might be a big tax bill waiting at the end of the year. So what should they do now?Brian Straight spoke with a top accounting expert: Trucking companies caught in Trump's payroll tax deferment orderThat's A Lot Of TrucksNikola Motor has been on a roll in 2020, and that roll has just picked up steam. The company announced an order from Republic Services for 2,500 Nikola Tre battery-electric refuse trucks, with an option to expand that to 5,000 models. Alan Adler has the details on the ground-breaking order: Republic Services orders 2,500 electric refuse trucks from NikolaA New HomeA Colorado truck driver will spend the next five years behind bars after he was sentenced for a Kansas crash that killed five people. Prosecutors said Kenny Ford never slowed down before slamming into at least three vehicles that had slowed in traffic.John Kingston has more details: Truck driver – 5 yearsfor 2017 accident that killed 5Friends ForeverCummins (NYSE: CMI) and Navistar (NYSE: NAV) have a long-standing relationship, and that union will continue through at least 2026 as the two manufacturers reached a deal for Cummins to continue supplying diesel engines to the truck maker.Alan Adler has all the details: Cummins gets long-term engine supply deal with NavistarStories we think you'll like:Hydrogen fuel: Linchpin of electric truck maker Nikola's businessUSPS online tracking restored after outageThree charged in USPS truck driver's killingBorderlands: Mexican auto production revs up; Trump OKs new international rail bridgeDid you miss this?The. U.S. Postal Service has started to revamp the agency as it enters a crucial time for its survival. The question is, can it be saved, and at what cost? John Gallagher takes a look at the early changes: US Postal Service begins agency overhaulHammer down, everyone.Brian StraightManaging EditorClick for more FreightWaves articles by Brian Straight.You may also like: Truckers, small fleets can now bid for dedicated freight through ConvoyC.H. Robinson, Microsoft partner to boost supply chain digitizationPhoto by Josiah Farrow on UnsplashSee more from Benzinga * Report: Climate Change, Air Quality Concerns Drive Clean Truck Adoption * Pandemic Rapidly Accelerating E-Commerce In Mexico * Convoy Offers Factoring At 0% Rate; Fuel Card With 63 Cents Per Gallon Average Savings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/11/2020
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Cummins Gets Long-Term Engine Supply Deal With Navistar
- Diesel engine leader Cummins Inc. (NYSE: CMI) will supply medium- and heavy-duty truck and bus engines to Navistar International Corp (NYSE: NAV) through the next two emission cycles, or 2026."This new long-term agreement with Cummins, in combination with our proprietary powertrains, will offer International customers the most competitive and fuel-efficient engines in the market," said Phil Christman, president of operations for Navistar. Navistar also will spend less to meet future emissions regulations, he said,80-Year Partnership Continues Cummins has supplied engines and transmissions to Navistar for more than 80 years. Its selection makes Cummins Navistar's preferred supplier for International Trucks and IC Buses in the U.S. and Canada. That includes B6.7 and L9 engines for International MV and HV Series trucks. Those engines also are used in Navistar's IC Bus CE and RE Series school busses. "Navistar is a critical partner to Cummins," said Srikanth Padmanabhan, president of Cummins' Engine Business unit."We believe the International LT Series trucks paired with the Cummins X15 Efficiency Series and Eaton Cummins Endurant HD transmission provides the best fuel economy, improved uptime and overall [total cost of ownership] or our mutual long-haul customers,"Federal emissions for diesel-powered engines become more stringent in 2024 and in 2027. Cummins recently launched the federally compliant 2021 greenhouse gas X15 Efficiency Series. It claims the 15-liter engine is the most reliable and highly fuel-efficient available."Extending this relationship through a long-term partnership ensures that both companies will be able to collaborate and meet the challenges of the next emissions cycles and beyond."Cummins Supplies Most Truck Makers In North America Cummins also supplies Daimler Trucks North America (DTNA) and PACCAR Inc (NASDAQ: PCAR) with engines for its Kenworth and Peterbilt brands. It also was selected to supply B 6.7-liter engines to a new medium-duty entry for Mack Trucks.Cummins supplied 34.7% of the diesel engines used in the trucking industry in the first half of 2020, according to WardsAuto.com.Cummins began shipping its X12 engine to DTNA's Freighliner for use in the Cascadia day cab and sleeper models in the second quarter. Freightliner accounted for 53% of Cummins' lighter Class 8 engines, according to WardsAuto.com.Related articles: Cummins' melting fuel heater leads to big Navistar recallNavistar rebuilds share as products and services grow customer baseCummins dives into hydrogen business as traditonal engine business stallsClick for more FreightWaves articles by Alan Adler.See more from Benzinga * Daily Infographic: Who Is Responsible For Freight Damage? * Trucking Companies Caught In Trump's Payroll Tax Deferment Order * Cathay Pacific Strips Seats From 777 Aircraft For Cargo(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/10/2020
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What Makes Cummins (CMI) a Strong Momentum Stock: Buy Now?
- Does Cummins (CMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/10/2020
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Cummins and Navistar Announce New Long-Term Agreement
- Global power leader Cummins Inc. (NYSE: CMI) and Navistar International Corp. (NYSE: NAV) announced another step forward in their partnership by extending their long-term agreement through the next two emission cycles, with Cummins being selected as Navistar’s preferred supplier of medium-duty and heavy-duty big bore engines for International Trucks and IC Buses in US and Canada.
- 08/10/2020
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Cummins and Navistar Announce New Long-Term Agreement
- Global power leader Cummins Inc. (NYSE: CMI) and Navistar International Corp. (NYSE: NAV) announced another step forward in their partnership by exten
- 08/10/2020
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Analysts Have Conflicting Sentiments on These Conglomerates Companies: Eastman Chemical (NYSE: EMN) and Cummins (NYSE: CMI) - Markets
- Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Eastman Chemical (EMN – Research
- 08/09/2020
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Why Cummins Stock Jumped 11.5% in July Despite Dismal Earnings | The Motley Fool
- Cummins' focus on future technologies like hydrogen and fuel cells has caught investor attention.
- 08/08/2020
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Dividend Increases Expected In August 2020
- From a broader economic standpoint, the coronavirus and the impact of increasing cases continue to dominate the news cycle.
- 08/07/2020
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Cummins: Bullish After Better Than Expected Earnings (NYSE:CMI)
- Cummins had a terrible quarter due to the COVID-19 impact. Nonetheless, the company's results were stronger than expected due to margins.
- 08/06/2020
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Increased Earnings Estimates Seen for Cummins (CMI): Can It Move Higher?
- Cummins (CMI) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
- 08/06/2020
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African Data Center Market Landscape 2020-2025: COVID-19 Updated - ResearchAndMarkets.com
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Hillenbrand Elects Jennifer Rumsey to Board of Directors
- Hillenbrand, Inc. (the "Company") (NYSE: HI) announced today that its Board of Directors has elected Jennifer Rumsey as an independent director. Ms. Rumsey will serve an initial term that will expire at the Company's next annual meeting of shareholders in February 2021, when she will stand for reelection. Per the Company's director retirement policy, current Board member Edward Cloues will retire from the Board at that time after more than ten years of outstanding service.
- 08/05/2020
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DOE awards Cummins $7M for work on H2 fuel cell viability in transportation sector | Power Engineering
- On-site power giant Cummins received two federal awards totaling nearly $7 million for its research into the viability of hydrogen fuel-cell powertrain solutions. The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy tabbed Cummins to help lead projects in the DOE’s H2@Scale initiative to develop affordable hydrogen production, storage, distribution and use....
- 08/05/2020
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Cummins Adds to Its Fuel Cell Leadership, Receives Two US Department of Energy Awards for Hydrogen Fuel Cell Powertrains
- Cummins Inc. (NYSE: CMI) today announced the company has received two awards from the U.S. DOE’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) totaling nearly $7 million. The awards are for Cummins’ continued work on enhancing economic viability of fuel cell powertrain solutions for heavy-duty applications including on-highway tractor-trailers and buses.
- 08/05/2020
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V&M Breakouts: Top Growth And Dividend Mega-Cap Stocks For August 2020
- Releasing two top mega-cap stocks from the MDA Growth and Dividend Breakout portfolio for long-term gain potential into 2020.
- 08/03/2020
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Auto Stock Roundup: GM, F & HOG Post Q2 Loss, ORLY Delivers Earnings Beat
- While Harley-Davidson (HOG), General Motors (GM) and Ford (F) post dismal year-over-year Q2 results, O'Reilly (ORLY) manages to put up an impressive show despite coronavirus woes.
- 08/03/2020
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Truck Maker Start-Ups vs. the Majors
- Letters on electric-truck makers, politicians and the stock market, private equity in 401(k) plans, and the new model of fatherhood
- 08/01/2020
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The Daily Dash: Earnings, Earnings And Hackers?
- The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, several large carriers and suppliers are among those that have reported earnings in the past 24 to 36 hours, with a mixed bag of results. The companies include Saia, Inc. (NASDAQ: SAIA), ArcBest Corporation (NASDAQ: ARCB), Ryder System, Inc. (NYSE: R), Wabash National Corporation (NYSE: WNC), U.S. Xpress Enterprises, Inc. (NYSE: USX) and C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW). Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?A risk worth taking?The introduction of electronic logging devices (ELDs) brought a new worry to fleets and truck drivers — hacking. The connected devices, it was said, could provide access to hackers. Now, the FBI has warned the industry about just such a scenario. But should we be concerned?John Gallagher has more on what the experts say: ELD risk gets new scrutiny after FBI warningsDown, but not outLess-than-truckload carrier Saia reported a decline in second-quarter revenue because of the COVID-19 pandemic but indicated shipment volume improved from May into June.Noi Mahoney has more details on Saia's performance: SAIA reports decrease in revenue during second quarterIt's all about cost controlArcBest Corp. managed costs effectively and that led to an earnings beat, the company said. ArcBest said flexibility within its driver contracts allowed it to manage capacity fluctuations.Todd Maiden has more on other steps the company took: Cost control leads Q2 beat; July trends improveRiding the hydrogen trainAs diesel's role in vehicle power stagnates and more interest develops in making hydrogen the fuel of the future, Cummins Inc. (NYSE: CMI) is hedging its bets with a new business unit focused on developing hydrogen power solutions.Alan Adler has more on Cummins' hydrogen strategy: Cummins dives into hydrogen as traditional engine business stallsStories we think you'll like:Ryder beats estimates but earnings show signs of pandemic's impactWabash National minimizes Q2 pandemic impactU.S. Xpress has strong second quarterMeet Variant, the digital fleet transforming U.S. XpressC.H. Robinson easily beats the Street, outlook ‘uncertain'Postal Service reaches agreement on billion Treasury loanMeritor Q3 fiscal results reflect worst of pandemicDid you miss this?Doug Clark has seen a lot in his more than 40 years in the industry. That's why his perspective on technology in the third-party logistics world is so important. Clark sat down with FreightWaves President George Abernathy to discuss technology advancements and more.John Kingston has more from the conversation held during the FreightWaves 3PL Summit: TIA interim head Clark's view of 3PL tech reflects 40 years of dealing with itHammer down, everyone.Brian StraightManaging EditorClick for more FreightWaves articles by Brian Straight.You may also like: FreightWaves 3PL Summit: Brad Jacobs on diversity, automation and COVID recoveryTruckers, small fleets can now bid for dedicated freight through ConvoyC.H. Robinson, Microsoft partner to boost supply chain digitizationSee more from Benzinga * UPS Blows Away Estimates With Stunning Second-Quarter Results * Werner Model Stands Up During Downturn * Daily Infographic: What Influences Diesel Prices?(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/30/2020
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Cummins Dives Into Hydrogen As Traditional Engine Business Stalls
- Cummins Inc. (NYSE: CMI) is acquiring businesses, forming partnerships and investing research dollars into a future hydrogen economy. Its across-the-board bets cover fuel cells for trains, ships and trucks – and the hydrogen fuel to power them.The global leader in diesel engines recently formed a New Power unit as a home for its growing portfolio. The unit lost $38 million before interest, taxes, depreciation and amortization (EBITDA) in the second quarter on $10 million in revenue. But like any startup, that was expected.Catching the fuel cell train Cummins already leads the world in fuel cells for trains. It recently completed an 18-month trial with Alstom in Europe that covered 180,000 kilometers (about 112,000 miles), Cummins Chairman and CEO Tom Linebarger said."By 2022, there will be 41 of these types of trains powered by Cummins fuel cells running in Europe, making Cummins the leading provider of fuel cells for trains globally," he said Tuesday on the company's second-quarter earnings call."One thing about trains is there is a much lower volume than trucks. But they take a lot more fuel cell stacks," Linebarger said. "So, we will be delivering pretty high volumes of fuel cells that will allow us to move to more cost-effective manufacturing technology."A year of hydrogen expansion Cummins has grown its hydrogen and fuel cell portfolio over the last year by acquisitions, investments and partnerships. Its latest move adds high-pressure hydrogen storage tank technology in a joint venture with NPROXX. "The addition of hydrogen storage to our existing capabilities in hydrogen production and fuel cells enables us to accelerate the viability and adoption of these technologies in commercial markets," Linebarger said when the deal was announced June 23.In the last year, Cummins also has: * Spent $290 million in September 2019 to acquire Hydrogenics Corp. Hydrogenics makes proton exchange membranes (PEM) and alkaline fuel cell electrolyzers to generate hydrogen. * Made two investments in LOOP Energy, which makes a 30-kilowatt (kW) and 50-kW FC-REX range-extender systems for Class 6-8 trucks. LOOP claims its eFlow technology uses 30% less platinum and high-grade carbon composites than competing systems. * Signed a memorandum of understanding with Hyundai Motor Co. to make fuel cells for trucks and backup power generators for data centers.The company has more than 2,000 fuel cell installations. It is talking with manufacturers about how to use its fuel cells in ships, data centers and trucks.Solving the chicken and egg issue Cummins settles the chicken-and-egg argument about whether hydrogen or fuel cell powertrains should come first in one word: "Both." "In addition to the opportunities we see in fuel cells, we have a leading portfolio of both alkaline and PEM electrolyzers, which will be a critical part of the infrastructure to support the hydrogen economy," Linebarger said. View more earnings on CMICummins is working with French industrial gases maker Air Liquide to complete the world's largest PEM hydrogen electrolysis plant before the end of the year. The 20-megawatt facility in Becancour, Canada can produce 3,000 tons of hydrogen annually.Incentives and scaling Cummins thinks scaling up both fuel cell stacks and electrolyzers is possible. Startup Nikola Corp. recently purchased million of electrolyzers from Norway's NEL Hydrogen for its planned network of hydrogen stations to support its Class 8 fuel cell trucks in late 2023."I would say the major driver to making fuel cells competitive besides hydrogen for fuel is volume on the stack and the related components," Linebarger said. "And that volume will provide benefits and cost [reductions], as well as technical learning across applications."Being relatively new to electrolyzers, Cummins initially saw them as the egg to the fuel cell chicken. Now it views them as a strategic "significant growth platform," Linebarger said.Europe and China are offering significant incentives to produce hydrogen, especially carbon-neutral green hydrogen. Green hydrogen can be produced from biogas as a renewable resource. Cummins has two advantages: experience in power generation; and it is one of few makers of PEM electrolyzers.The U.S. Department of Energy (DOE) awarded million to Cummins on July 20 for PEM fuel cell systems for heavy-duty applications. It was one of 18 grants totaling about $64 million that support DOE's H2@Scale vision for affordable hydrogen production, storage, distribution and use. "We are adding technologies, we're adding partners [and] making sure that we can participate more significantly in this market, given the growth opportunity," Linebarger said.Related articles: Startup LOOP Energy gets cash infusion from engine maker CumminsCummins enters its second century amid a trucking downturnCummins closes 0 million acquisition of fuel cell maker hydrogenicsClick to read more FreightWaves articles by Alan Adler.See more from Benzinga * China Rebound Helps Cummins Post Q2 Earnings And Sales Beat * Mack Trucks Cutting 450 Salaried Jobs * Fuel Cell Trucks Enroute From Korea To Switzerland(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/29/2020
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Report: Mission-critical, commercial end users will lift diesel engine on-site power market 25 percent through 2025 | Power Engineering
- The novel coronavirus has impacted the standby, on-site power market, same as many other sectors, but the needs of critical services should help push diesel power engines and gensets upward in the coming years. A new report by ResearchandMarkets indicates that the diesel power engine market will grow by about 25 percent, or $6.3 billion...
- 07/29/2020
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Cummins Inc (Ex. Cummins Engine Inc) (CMI) Q2 2020 Earnings Call Transcript
- Good morning, everyone, and welcome to our teleconference today to discuss Cummins' results for the second quarter of 2020. Participating with me today are our Chairman and Chief Executive Officer, Tom Linebarger; our Chief Financial Officer, Mark Smith and our President and Chief Operating Officer, Tony Satterthwaite.
- 07/28/2020
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Earnings: Companies clash over whether second quarter was the bottom
- Two competing narratives are battling it out this earnings season. One says the recovery is in trouble, another says the second quarter was the bottom.
- 07/28/2020
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Cummins Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Cummins Inc. in conjunction with their 2020 Q2 earnings call..
- 07/28/2020
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We're Watching These Trends At Cummins (NYSE:CMI)
- Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...
- 07/28/2020
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ROCE Insights For Cummins
- Cummins (NYSE: CMI) saw a drop in both earnings and sales after Q2. Earnings dropped to $528.00 million, an 83.71% decrease from the previous quarter. Sales fell to $3.85 billion, down 23.13% from the previous quarter. Cummins reached earnings of $3.24 billion and sales of $5.01 billion in Q1.Why ROCE Is Significant Changes in earnings and sales indicate shifts in Cummins's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q2, Cummins posted an ROCE of 0.91%.View more earnings on CMIIt is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Cummins is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth. For Cummins, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies.Q2 Earnings Cummins reported Q2 earnings per share at $1.86/share against analyst predictions of $0.91/share.See more from Benzinga * Stocks That Hit 52-Week Highs On Tuesday * Cummins: Q2 Earnings Insights * Morning Market Stats in 5 Minutes(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/28/2020
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Cummins Inc. (CMI) CEO Tom Linebarger on Q2 2020 Results - Earnings Call Transcript
- Cummins Inc. (NYSE:CMI) Q2 2020 Earnings Conference Call July 28, 2020 10:00 AM ET Company Participants James Hopkins - Executive Director of Investor Relations Tom Linebarger - Chairman and Chief Executive Officer Mark Smith - Chief Financial Officer Tony Satterthwaite - President and Chief Operating Officer Conference Call Participants Andy Casey - Wells Fargo Jerry Revich - Goldman Sachs Ann Duignan - JP Morgan Jamie Cook - Credit Suisse Steven Fisher - UBS David Raso - Evercore ISI Presentation Operator Greetings, and welcome to the Cummins Second Quarter 2020 Earnings Conference Call.
- 07/28/2020
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Cummins (CMI) Q2 Earnings & Sales Top Estimates, Decline Y/Y
- While Cummins expects third-quarter sales to improve sequentially, coronavirus-led uncertainty still looms large. As such, the firm refrains from providing any forecast for full-year 2020.
- 07/28/2020
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China Rebound Helps Cummins Post Q2 Earnings And Sales Beat
- Engine maker Cummins Inc (NYSE: CMI) soundly thrashed estimates for its sales and profits in the second quarter, riding a rebound in demand as the Chinese economy bounced back from the coronavirus pandemic."Many of our [Chinese] facilities went from the complete shutdown in February and March to producing record volumes in the second quarter," CEO Tom Linebarger said in a statement.Cummins' earnings before interest, taxes, depreciation, and amortization (EBITDA) were $549 million, or $1.86 per fully diluted share. That beat a $356.1 million consensus of analysts who cover the company by 88 cents per fully diluted share. EBITDA was 14.3% of sales compared to $1.1 billion, or 17%, of sales a year ago.Second-quarter revenues of $3.9 billion were down $38.1%. But that was $170 million better than expected. "In the face of the most severe decline in quarterly sales in our [101-year] history, we delivered solid profitability while meeting commitments to our customers who provide products critical to the functioning of the global economy," Linebarger said.China was the exception to a brutal quarter. Shutdowns by truck manufacturers led to lower demand in most markets and regions. Sales in North America declined by 48% while international revenues fell 22%.Cummins said it expects third-quarter revenues to improve from second-quarter levels. But it withheld financial guidance because of uncertainty around how COVID-19 will impact demand.The company ended the quarter with$2.1 billion in cash, cash equivalents, and marketable securities. It also can borrow $3.5 billion."Our strong financial position will enable us to continue to prioritize our investments in technology and new products including advanced diesel engines, battery-electric powertrains, fuel cells, and hydrogen electrolyzers that will help drive future profitable growth," Linebarger said.Cummins' shares traded up more than 6% at $203.45 intraday.Related articles: Cummins counts on century-long survival skills to weather pandemicCummins, 3M team up on filters for high-tech protective gearCummins repurposing engine filtration material to make N95 masksClick for more FreightWaves stories by Alan Adler.Photo by Miguel Á. Padriñán from Pexels.See more from Benzinga * Weekly Fuel Report: July 27, 2020 * Ryder's Fulfillment By Merchant Service Hopes To Get A Boost From Recent Amazon Move * Heat Wave Building In Southwest Freight Markets(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/28/2020
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Cummins: Q2 Earnings Insights
- Shares of Cummins (NYSE:CMI) rose 6% after the company reported Q2 results.Quarterly Results Earnings per share decreased 56.44% over the past year to $1.86, which may not compare to the estimate of $0.91.Revenue of $3,852,000,000 declined by 38.08% year over year, which beat the estimate of $3,690,000,000.Guidance Cummins hasn't issued any earnings guidance for the time being.Cummins hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jul 28, 2020View more earnings on CMITime: 10:00 AMET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/cms/mediaframe/39259/indexl.htmlTechnicals 52-week high: $192.3152-week low: $101.03Price action over last quarter: Up 15.67%Company Profile Cummins is a leading manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, along with diesel-powered electric generators. The firm's revenue historically has been tied to the class 8 truck market, where, as the industry leader, it currently supplies 35% of engines. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers who make and aggressively market their own engines. Despite robust competition across all its segments and ever-increasing government regulation of diesel emissions in the past three decades, Cummins has been able to grow its revenue sevenfold, to $23.6 billion in 2019. Cummins is headquartered in Columbus, Indiana, where it was founded in 1919.See more from Benzinga * Morning Market Stats in 5 Minutes * Cummins's Debt Overview * Earnings Scheduled For July 28, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/28/2020
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Cummins (CMI) Beats Q2 Earnings and Revenue Estimates
- Cummins (CMI) delivered earnings and revenue surprises of 129.41% and 7.94%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2020
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Cummins's Debt Overview
- Shares of Cummins Inc. (NYSE: CMI) increased by 21.30% in the past three months. Before having a look at the importance of debt, let's look at how much debt Cummins has.Cummins's Debt According to the Cummins's most recent balance sheet as reported on April 28, 2020, total debt is at $3.35 billion, with $1.58 billion in long-term debt and $1.77 billion in current debt. Adjusting for $1.69 billion in cash-equivalents, the company has a net debt of $1.66 billion.Investors look at the debt-ratio to understand how much financial leverage a company has. Cummins has $20.08 billion in total assets, therefore making the debt-ratio 0.17. Generally speaking, a debt-ratio more than 1 means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. For example, a debt ratio of 40% might be higher for one industry, whereas normal for another.Why Debt Is Important Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.Interest-payment obligations can impact the cash-flow of the company. Equity owners can keep excess profit, generated from the debt capital, when companies use the debt capital for its business operations.See more from Benzinga * Earnings Scheduled For July 28, 2020 * Stocks That Hit 52-Week Highs On Thursday * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/28/2020
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Cummins Reports Second Quarter 2020 Results
- Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2020.
- 07/28/2020
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The Retiree's Dividend Portfolio - Jane's June Update: Record Dividends During COVID-19
- Jane's retirement accounts generated a total of $2,047.11 of dividend income for June 2020 vs. $1,561.04 of dividend income for June of 2019.
- 07/27/2020
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The Retiree's Dividend Portfolio - Jane's June Update: Record Dividends During COVID-19
- Jane's retirement accounts generated a total of $2,047.11 of dividend income for June 2020 vs. $1,561.04 of dividend income for June of 2019.
- 07/27/2020
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Rothschild Investment Corp IL Sells 1,000 Shares of Cummins Inc. (NYSE:CMI)
- Rothschild Investment Corp IL decreased its position in shares of Cummins Inc. (NYSE:CMI) by 15.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,286 shares of the company’s stock after selling 1,000 shares during the quarter. Rothschild Investment Corp IL’s holdings in Cummins […]
- 07/27/2020
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Focused Wealth Management Inc Has $70,000 Stock Position in Cummins Inc. (NYSE:CMI)
- Focused Wealth Management Inc reduced its position in Cummins Inc. (NYSE:CMI) by 58.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 405 shares of the company’s stock after selling 559 shares during the period. Focused Wealth Management Inc’s holdings in Cummins were worth $70,000 at the end […]
- 07/27/2020
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Oppenheimer Keeps a Hold Rating on Cummins (CMI) - Markets
- Oppenheimer analyst Noah Kaye maintained a Hold rating on Cummins (CMI – Research Report) on July 20. The company’s shares
- 07/27/2020
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COVID-19 Impacts: Global Hydrogen Generation Market Will Accelerate at a CAGR of over 5% through 2020-2024 | Growing Demand for Fertilizers to Boost Growth | Technavio
- The Global Hydrogen Generation Market will grow by $ 37.32 bn during 2020-2024
- 07/27/2020
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Hydrogen Fuel-Cell Stocks Are Soaring. Yes, It’s a Bubble.
- Companies that make hydrogen fuel cells are on the right road for an electric future. Their stocks are in danger of jackknifing.
- 07/25/2020
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Stocks To Watch: Big Focus On Big Tech
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/25/2020
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Hydrogen Fuel-Cell Stocks Are Soaring. Yes, It’s a Bubble.
- Companies that make hydrogen fuel cells are on the right road for an electric future. Their stocks are in danger of jackknifing.
- 07/24/2020
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Hydrogen’s ‘Tesla Moment’ Is Nearly Here. A Guide to How It All Works.
- Can Nikola produce game-changing hydrogen numbers? It’s too early to tell. But here are numbers investors need to know for the coming hydrogen economy.
- 07/24/2020
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Northern Technologies International Is An Under-Followed Microcap That Will Benefit From An Economic Recovery (NASDAQ:NTIC)
- ZERUST Industrial is a stable margin, better than GDP growth business that will benefit from a global auto recovery.
- 07/24/2020
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Hydrogen’s ‘Tesla Moment’ Is Nearly Here. A Guide to How It All Works.
- Can Nikola produce game-changing hydrogen numbers? It’s too early to tell. But here are numbers investors need to know for the coming hydrogen economy.
- 07/24/2020
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Hydrogen Is the New Thing in Fuel. Just Look at Truck Makers’ Earnings.
- Hydrogen emits no greenhouse gases when burned, and Wall Street is taking notice. The word came up 20 times on Paccar’s earnings conference call on Tuesday, more than on all the company’s other earnings calls combined.
- 07/22/2020
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COVID-19 Impact & Recovery Analysis- Global Commercial Vehicle Urea Tank Market 2020-2024 | Increased Penetration of SCR Systems in Commercial Vehicles to Boost Growth | Technavio
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COVID-19 Impact & Recovery Analysis- Global Commercial Vehicle Urea Tank Market 2020-2024 | Increased Penetration of SCR Systems in Commercial Vehicles to Boost Growth | Technavio
- The Global Commercial Vehicle Urea Tank Market will grow by 1296.78 K units during 2020-2024
- 07/22/2020
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Wedbush Securities Inc. Has $294,000 Stock Holdings in Cummins Inc. (NYSE:CMI)
- Wedbush Securities Inc. lessened its position in Cummins Inc. (NYSE:CMI) by 10.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,698 shares of the company’s stock after selling 206 shares during the quarter. Wedbush Securities Inc.’s holdings in Cummins were worth $294,000 as […]
- 07/21/2020
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Raymond James Financial Services Advisors Inc. Sells 8,349 Shares of Cummins Inc. (NYSE:CMI)
- Raymond James Financial Services Advisors Inc. decreased its position in Cummins Inc. (NYSE:CMI) by 10.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 70,550 shares of the company’s stock after selling 8,349 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Cummins were […]
- 07/21/2020
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Cummins Inc. (NYSE:CMI) Shares Sold by Kistler Tiffany Companies LLC
- Kistler Tiffany Companies LLC trimmed its holdings in Cummins Inc. (NYSE:CMI) by 5.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,753 shares of the company’s stock after selling 93 shares during the period. Kistler Tiffany Companies LLC’s holdings in Cummins […]
- 07/21/2020
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Cummins gas-fired generator selected for Aussie gold mine microgrid | Power Engineering
- Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine. The company’s nine QSV91G gas generators will operate as a part of EDL’s hybrid renewable energy microgrid at Gold Fields’ Agnew gold mine in the western part of the nation. Two QSK60 gensets will provide additional power...
- 07/20/2020
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The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update
- The Taxable account generated $1,407.88 of dividends in June of 2020 compared with $936.06 of dividends in June of 2019.
- 07/20/2020
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Cummins Inc. (NYSE:CMI) Shares Acquired by Heritage Wealth Advisors
- Heritage Wealth Advisors increased its position in shares of Cummins Inc. (NYSE:CMI) by 123.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 514 shares of the company’s stock after purchasing an additional 284 shares during the period. Heritage Wealth Advisors’ holdings in Cummins […]
- 07/20/2020
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Mack Trucks Cutting 450 Salaried Jobs
- Mack Trucks is laying off 450 salaried workers at its North Carolina headquarters as part of global downsizing by Swedish parent VOLVO AB/ADR (OTC: VLVLY). But it is holding the...
- 07/20/2020
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Coastal Investment Advisors Inc. Buys Shares of 1,408 Cummins Inc. (NYSE:CMI)
- Coastal Investment Advisors Inc. purchased a new position in Cummins Inc. (NYSE:CMI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,408 shares of the company’s stock, valued at approximately $244,000. Several other institutional investors also recently bought and […]
- 07/18/2020
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Harbor Investment Advisory LLC Has $166,000 Holdings in Cummins Inc. (NYSE:CMI)
- Harbor Investment Advisory LLC lessened its stake in Cummins Inc. (NYSE:CMI) by 13.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 958 shares of the company’s stock after selling 150 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Cummins were worth $166,000 […]
- 07/18/2020
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Cummins: A Dividend Income Portfolio Stock
- An industrial with strong fundamentals and a record of dividend increases Continue reading...
- 07/17/2020
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Electric Truck Startup Nikola Is Worth More Than Chrysler, Analyst Says
- Analyst Emmanuel Rosner began coverage of the stock with a Hold rating, but his valuation for the company is about $20 billion.
- 07/17/2020
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BKD Wealth Advisors LLC Buys 690 Shares of Cummins Inc. (NYSE:CMI)
- BKD Wealth Advisors LLC lifted its stake in Cummins Inc. (NYSE:CMI) by 36.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,559 shares of the company’s stock after acquiring an additional 690 shares during the period. BKD Wealth Advisors LLC’s holdings in Cummins were worth […]
- 07/17/2020
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COVID-19 Impact & Recovery Analysis- Data Center Power Market (2020-2024) | Increasing Adoption of Intelligent PDUs to Boost Growth | Technavio
- The Global Data Center Power Market will grow by USD 10.19 bn during 2020-2024
- 07/17/2020
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Cummins Inc. (NYSE:CMI) Shares Sold by CENTRAL TRUST Co
- CENTRAL TRUST Co trimmed its position in shares of Cummins Inc. (NYSE:CMI) by 12.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,479 shares of the company’s stock after selling 897 shares during the quarter. CENTRAL TRUST Co’s holdings […]
- 07/16/2020
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Wesbanco Bank Inc. Sells 252 Shares of Cummins Inc. (NYSE:CMI)
- Wesbanco Bank Inc. decreased its holdings in Cummins Inc. (NYSE:CMI) by 8.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,825 shares of the company’s stock after selling 252 shares during the period. Wesbanco Bank Inc.’s holdings in Cummins were worth $490,000 as […]
- 07/16/2020
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Louisiana State Employees Retirement System Has $1.09 Million Position in Cummins Inc. (NYSE:CMI)
- Louisiana State Employees Retirement System lessened its stake in shares of Cummins Inc. (NYSE:CMI) by 3.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,300 shares of the company’s stock after selling 200 shares during the period. Louisiana State […]
- 07/16/2020
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The Truck Startup Nikola Is Worth More Than Chrysler, Says Deutsche Bank
- Analyst Emmanuel Rosner began coverage of the stock with a Hold rating, but his valuation for the company is about $20 billion.
- 07/16/2020
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