Cummins Inc (CMI.N)
18 Aug 2017
* Cummins has entered into a virtual power purchase agreement with edp renewables North America to expand a wind farm in Northern Indiana Source text for Eikon: Further company coverage:
Cummins Inc's shares fell as much as 8.3 percent after the U.S. engine maker's profit missed Wall Street estimates, partly due to higher costs.
* Says continues to invest in new product lines and targeted capacity expansions - sec filing
* Maintains EBIT of 11.75-12.5 pct of sales (Adds details from conference call)
* Cummins expects 2017 engine revenue to rise 10-12 percent versus an increase of 2-6 percent, previously; sees ebit margins of 10.50-11.50 percent of sales versus 10.25-11.25 percent previously
Aug 1 Engine maker Cummins Inc reported a 4.4 percent rise in quarterly profit on Tuesday, helped by higher sales across its businesses.
* Cummins says will be unifying its brand strategy across its power systems business segment
BRIEF-Cummins Inc increases quarterly cash dividend on common stock from $1.025 per share to $1.08 per share
* Cummins inc - approved an increase in company's quarterly cash dividend on common stock from $1.025 per share to $1.08 per share Source text for Eikon: Further company coverage:
Engine maker Cummins Inc plans to start production of electric powertrains for transit buses in cities around the world in 2019, executives said on a conference call on Wednesday.
June 14 Engine maker Cummins Inc plans to start production of electric powertrains for transit buses in cities around the world in 2019, executives said on a conference call on Wednesday.
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