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Cummins Inc (CMI.N)

CMI.N on New York Stock Exchange

159.41USD
17 Nov 2017
Change (% chg)

$-7.72 (-4.62%)
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$167.13
Open
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Volume
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Tue, Oct 31 2017

Cummins shares fall on weaker margins despite profit beat

Truck engine manufacturer Cummins Inc posted better-than-expected quarterly profits and revenues on Tuesday, driven by strong demand for new trucks and construction but shares fell nearly 3 percent as investors reacted to lower margins.

Cummins shares fall on weaker margins despite profit beat

Oct 31 Truck engine manufacturer Cummins Inc posted better-than-expected quarterly profits and revenues on Tuesday, driven by strong demand for new trucks and construction but shares fell nearly 3 percent as investors reacted to lower margins.

BRIEF-Cummins Q3 earnings per share $2.71

* Q3 earnings per share view $2.46 -- Thomson Reuters I/B/E/S

BRIEF-Cummins buys battery pack developer Brammo Inc

* It is acquiring assets of Brammo Inc, which designs and develops battery packs for mobile and stationary applications​ Source text for Eikon: Further company coverage:

BRIEF-Cummins announces proposal to implement unilateral shareholder by-law amendment power

* Cummins announces proposal to implement unilateral shareholder by-law amendment power

BRIEF-GILLIG and Cummins announce electrified power partnership at APTA

* GILLIG and Cummins announce electrified power partnership at APTA

BRIEF-Cummins and Achates Power to develop advanced combat vehicle engine

* Cummins and Achates Power to develop advanced combat vehicle engine to improve protection and performance of U.S. Armed forces

BRIEF-Cummins Inc enters 364-day credit agreement

* Cummins Inc - On September 5, Cummins Inc entered into a 364-day credit agreement - SEC filing

BRIEF-United Rentals expands power & HVAC fleet with acquisition of portable power assets

* ‍Has acquired power equipment assets, primarily mobile rental generator sets, from Cummins Inc​

BRIEF-Cummins enters virtual power purchase agreement with EDP Renewables North America​

* ‍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:

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