Key Developments: Cummins Inc (CMI.N)

CMI.N on New York Stock Exchange

139.46USD
30 Jan 2015
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Latest Key Developments (Source: Significant Developments)

Cummins Inc gives FY 2015 revenue outlook - Conference Call
Thursday, 13 Nov 2014 01:00pm EST 

Cummins Inc:Expects FY 2015 revenues to be in the range of $20 to $23 bln.FY 2015 revenue of $21 bln - Thomson Reuters I/B/E/S.  Full Article

Cummins Inc raises FY 2014 outlook
Tuesday, 28 Oct 2014 07:30am EDT 

Cummins Inc:Expects FY 2014 revenues to grow between 10 pct and 12 pct, up from its previous forecast of growth of between 8 pct and 11 pct, due to stronger demand in North America.Expects FY 2014 EBIT to be in the range of 13 to 13.5 pct of sales, excluding the impact of cost reduction activities within the Power Generation business that will commence in the fourth quarter.Reported revenue of $17.301 bln and EBIT of $2.101 bln in FY 2013.FY 2014 revenue of $18.993 bln, EBIT of $2.370 bln - Thomson Reuters I/B/E/S.  Full Article

Cummins Inc declares quarterly common stock dividend
Tuesday, 14 Oct 2014 03:45pm EDT 

Cummins Inc:Declares a quarterly common stock cash dividend of 78 cents per share.Payable on Dec. 1 to shareholders of record on Nov. 20.  Full Article

Cummins Inc raises FY 2014 outlook
Monday, 28 Jul 2014 07:30am EDT 

Cummins Inc:Expect FY 2014 revenues to grow between 8 and 11 pct, up from its previous forecast of growth of between 6 and 10 pct, due largely to improving demand in North America.EBIT to be in the range of 12.75 to 13.25 pct of sales.Reported revenue of $17.301 bln in FY 2013.FY 2014 revenue of $18.897 bln and EBIT of $2.421 bln - Thomson Reuters I/B/E/S.  Full Article

Cummins Inc announces appointment of president - Form 8-K
Thursday, 10 Jul 2014 12:20pm EDT 

Cummins Inc:Says on July 8, Richard J. Freeland was appointed as president and chief operating officer of company effective immediately.  Full Article

Cummins Inc approves quarterly common stock dividend and share repurchase program
Tuesday, 8 Jul 2014 02:30pm EDT 

Cummins Inc:Approves an increase in the company's quarterly cash dividend on common stock of about 25 percent to 78 cents per share from 62.5 cents per share.Payable on Sept. 2 to shareholders of record on Aug. 22.Authorizes the company to repurchase up to $1 billion in shares of common stock upon completion of its current $1 billion share repurchase program.  Full Article

Cummins Inc declares quarterly common stock dividend
Tuesday, 13 May 2014 03:00pm EDT 

Cummins Inc:Declared a quarterly common stock cash dividend of $0.625 per share.Payable on June 2 to shareholders of record on May 23.  Full Article

Cummins Inc raises FY 2014 guidance
Tuesday, 29 Apr 2014 07:30am EDT 

Cummins Inc:Expects FY 2014 revenues to grow between 6 pct. and 10 pct., up from its previous forecast of growth of between 4 pct. and 8 pct., due largely to improving demand in North America.Expects FY 2014 EBIT to be in range of 12.75 pct. to 13.25 pct. of sales.Reported revenue of $17.301 bln in FY 2013.FY 2014 revenue of $18.604 bln and EBIT of $2.407 bln - Thomson Reuters I/B/E/S.  Full Article

Cummins Inc reaffirms FY 2014 revenue guidance - Conference call
Wednesday, 12 Mar 2014 09:30am EDT 

Cummins Inc:Expects FY 2014 revenue growth of between 4 pct and 8 pct.Reported revenue of $17.301 bln in FY 2013.FY 2014 revenue of $18.558 bln - Thomson Reuters I/B/E/S.  Full Article

Cummins Inc declares quarterly common stock dividend
Tuesday, 11 Feb 2014 02:00pm EST 

Cummins Inc:Declared a quarterly common stock cash dividend of $0.625 per share, payable on Mar. 3 to shareholders of record on Feb. 21.  Full Article

Cummins CEO says still growing market share in China

WASHINGTON - Cummins Inc Chief Executive Officer Tom Linebarger said on Friday the company is still growing its market share in China but is prepared for lower infrastructure spending in the country.

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