cummins

Hyundai Motor Co. (OTC: HYMTF) and Cummins Inc. (NYSE: CMI) will work together on ways to develop and commercialize electric and fuel cell powertrains for North American commercial vehicle makers and to make stationary backup power systems for data centers. With a memorandum of understanding...

Fuel-cell startup Loop Energy is getting a cash infusion from Cummins Inc. (NYSE: CMI), marking the engine maker's second investment in hydrogen fuel-cell technology this month.  Neither Burnaby, British Columbia-based Loop nor Columbus, Indiana-based Cummins would disclose the amount of the...

Cummins Inc. (NYSE: CMI) closed its $290 million acquisition of Canadian fuel cell and hydrogen production technologies provider Hydrogenics Corp.(NASDAQ: HYGS) on Monday, Sept. 9.  It is the second major investment in fuel cell technology for commercial vehicles in a week. On Sept. 4, United...

Cummins Inc. (NYSE: CMI) announced the retirement of President and Chief Operating Officer Rich Freeland on Wednesday, August 21, after a 40-year career at the engine maker where he started as a shift foreman in a parts distribution center. Tony Satterthwaite, currently president of Cummins'...

Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company's second quarter earnings came in below analysts expectations. Cummins posted second quarter earnings of $4.27 per share, up from $3.32 in the second quarter of 2018, but below the $4.41...

Good day, Omnitracs, the fleet management software and hardware company, has announced a technology collaboration with Cummins that will allow customers with existing hardware to perform Cummins-powered engine calibrations updates remotely.   Such callibrations can be challenging to coordinate,...

Cummins Inc. (NYSE: CMI) announced that its board of directors has approved a 15 percent increase to its normal quarterly cash dividend. The new dividend, payable to shareholders on September 3, 2019, will be $1.311 per share versus the prior dividend of $1.14 per share. "We have raised our...

Cummins Inc. (NYSE: CMI) continued to benefit from strong truck production in the U.S. and increasing demand in global construction markets as the Columbus, Indiana-based engine maker posted an 8 percent increase in first quarter revenues over the comparable quarter in 2018. Revenues for the...

Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a couple of top industrials. Bearish calls included the leading electric car maker and other consumer product outfits. The broader equity markets are still...

This weekend's Barron's cover story shows how trade tensions will test companies and investors. Other featured articles question whether earnings can save the bull market and present the results of the latest Big Money Poll. Also, the prospects for a powerhouse regional bank and a...

In a win for the ages, someone from old school industry got the upper hand on that outspoken upstart Elon Musk. Few saw this coming, even though it has been a decade in the making: Cummins Inc. (NYSE: CMI), which has spent 98 years making engines for everything from Mack semis to Dodge Rams, has...

Shares of Cummins Inc. (NYSE: CMI) have lost nearly 25 percent year-to-date. Lawrence De Maria of William Blair downgraded Cummins to Market Perform from Outperform with a price target slashed to $110 from a previous $150. De Maria noted a major positive announcement at its analyst meeting is "...

This weekend in Barron's online: investment opportunities in Southeast Asia, the Barron's ETF roundtable, as well as the prospects for Ford, Brunswick, Cummins, Berkshire Hills Bancorp and more. Cover Story "The New China" by Leslie P. Norton. Cambodia, Laos, Myanmar and Vietnam are booming while...

Anheuser Busch Inbev SA (ADR) (NYSE: BUD), like most companies, knows that going green has many benefits. They include reduced waste, a cleaner environment and positive public perception, to name just a few. That's why Anheuser-Busch recently announced that it planned to replace its Houston...

U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...