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Publish date: 10/31/2017
Third quarter revenues of $5.3 billion, GAAP1 Net Income of $453 million EBIT of 12.1% of sales, Diluted EPS of $2.71 Cummins expects full-year 2017 revenues to be up 14% to 15% EBIT is expected to be in the range of 11.8% to 12.2% COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 31, 2017-- Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2017. Third quarter revenues of $5.3 billion increased 26% from the same quarter in 2016. Revenues in North America increased 25% due to higher
Publish date: 10/23/2017
FRIDLEY, Minn.--(BUSINESS WIRE)--Oct. 23, 2017-- Cummins, Inc. (NYSE: CMI) announced the new C125N6 and C150N6 models in the QSL8.9G Series. The Cummins commercial generator set is a fully integrated power generation system providing optimum performance, reliability, and versatility for stationary standby power applications. The rugged, gas powered 4-cycle Cummins QSJ8.9G spark-ignited engine delivers reliable power. The electronic air/fuel ratio control provides optimum engine performance and fast response to load changes. There are
Publish date: 10/16/2017
Brammo Acquisition Will Accelerate Electrification Platform   Columbus, Ind. – Cummins Inc. (NYSE: CMI) today announced that it is acquiring the assets of Brammo, Inc., which designs and develops battery packs for mobile and stationary applications. Adding Brammo's battery pack expertise and resources is an important milestone in Cummins' efforts to become a global electrified power leader. "To be a leading provider of electrified power systems just as we are with diesel and natural gas driven powertrains, we must own key elements and subsystems of
Publish date: 10/13/2017
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 13, 2017-- Cummins Inc. (NYSE: CMI) today announced that it is planning to submit to a vote of shareholders at its 2018 Annual Meeting of Shareholders amendments to its Restated Articles of Incorporation to provide shareholders with the ability to unilaterally amend Cummins’ By-laws. If approved by the shareholders, the amendments to the Restated Articles of Incorporation will become effective promptly after the 2018 Annual Meeting of Shareholders, along with a conforming By-law amendment.
Publish date: 10/10/2017
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 10, 2017-- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.08 dollars per share, payable on December 1, 2017, to shareholders of record on November 17, 2017. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and