http://www.advfn.com/nyse/rss.asp?symbol=CMI Cummins Company Newsfeed en Tue, 30 Apr 2013 08:29:06 EDT Tue, 30 Apr 2013 08:29:06 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=57375504&headline=cummins-1st-quarter-profit-down-38-as-demand-headwinds-persist http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=57375504&headline=cummins-1st-quarter-profit-down-38-as-demand-headwinds-persist <div class='newsbody'><pre> By Mia Lamar </pre> <p> Cummins Inc.'s (CMI) first-quarter earnings fell 38% as the heavy-duty truck engine maker was again hurt by weak demand from important construction and energy customers. </p> <p> Slower economic growth in China and a weakening North American truck market--where... Tue, 30 Apr 2013 08:29:06 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=57199710&headline=navistars-13-liter-engine-meets-u-s-epa-exhaust-standard http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=57199710&headline=navistars-13-liter-engine-meets-u-s-epa-exhaust-standard <div class='newsbody'><p> By Bob Tita </p> <p> U.S. regulators have certified Navistar International Inc.'s (NAV) 13-liter diesel engine as meeting the federal emissions standard, ending a three-year odyssey of noncompliance that undermined the truck maker's credibility, shrank its market share and cost... Tue, 16 Apr 2013 22:05:10 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56882550&headline=navistar-considering-cuts-to-engine-production-capacity-operating http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56882550&headline=navistar-considering-cuts-to-engine-production-capacity-operating <div class='newsbody'><p> By Bob Tita </p> <p> Truck maker Navistar International Corp (NAV) has more engine plants than it needs and is considering options for consolidating engine production, Chief Operating Officer Troy Clarke said. </p> <p> "We build engines in three places and none of them is fully... Thu, 21 Mar 2013 09:08:38 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56718262&headline=china-construction-equipment-market-still-faces-a-glut http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56718262&headline=china-construction-equipment-market-still-faces-a-glut <div class='newsbody'><p> China's market for construction equipment still faces a glut of unsold inventory, analysts said in a conference call organized by J.P. Morgan Securities Wednesday. </p> <p> "There is still about a year's worth of supply of excavators" available for sale in China, Ann Duignan... Wed, 13 Mar 2013 17:50:18 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56381229&headline=cummins-revises-4th-quarter-full-year-income-due-to-legal-reserve http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56381229&headline=cummins-revises-4th-quarter-full-year-income-due-to-legal-reserve <div class='newsbody'><pre> By Ben Fox Rubin </pre> <p> Cummins Inc. (CMI) revised its previously released fourth-quarter and full-year results to account for an increase in the company's legal reserves due to a recent court ruling in a commercial contract dispute. </p> <p> Income for the full year was... Wed, 20 Feb 2013 08:57:08 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56371482&headline=navistar-ceo-sees-market-share-gains-from-revamped-engines http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56371482&headline=navistar-ceo-sees-market-share-gains-from-revamped-engines <div class='newsbody'><p> By Bob Tita </p> <p> Navistar International Corp. (NAV) Chairman and Chief Executive Lewis Campbell predicted the damage to the commercial truck marker's share of the North American market will be short-lived, as Navistar moves away from a failed strategy for treating engine... Tue, 19 Feb 2013 18:08:23 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56178787&headline=cummins-ceo-high-machinery-inventories-holding-back-china-engine http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56178787&headline=cummins-ceo-high-machinery-inventories-holding-back-china-engine <div class='newsbody'><pre> By Bob Tita </pre> <p> A strong spring buying season for construction machinery in China likely won't be enough to revive demand for Cummins Inc.'s (CMI) engines used by Chinese equipment manufacturers, Cummins Chief Executive Tim Linebarger said Wednesday. </p> <p> Mr. Linebarger... Wed, 06 Feb 2013 17:21:50 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56168320&headline=cummins-4th-quarter-net-down-30-on-engine-segment-weakness http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=56168320&headline=cummins-4th-quarter-net-down-30-on-engine-segment-weakness <div class='newsbody'><pre> By Ben Fox Rubin </pre> <p> Cummins Inc.'s (CMI) fourth-quarter earnings sank 30% as the heavy-duty truck engine maker saw sales in most of its segments decline, led by its core engines business. </p> <p> The company blamed the revenue decline on weaker demand in truck, construction... Wed, 06 Feb 2013 08:38:15 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54762868&headline=cummins-3rd-quarter-profit-fell-22-on-slumping-international http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54762868&headline=cummins-3rd-quarter-profit-fell-22-on-slumping-international <div class='newsbody'><pre> By Tess Stynes </pre> <p> Cummins Inc.'s (CMI) third-quarter earnings fell 22% as the supplier of engines for heavy-duty trucks reported revenue declines in its international markets offset modest growth in North America. </p> <p> Earlier this month, Cummins trimmed its sales... Wed, 31 Oct 2012 08:26:20 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54762420&headline=navistar-to-close-garland-texas-plant-to-reduce-costs http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54762420&headline=navistar-to-close-garland-texas-plant-to-reduce-costs <div class='newsbody'><p> (This article was originally published Tuesday.) </p> <p> --Navistar plans to close Garland, Texas, truck plant </p> <p> --Plant employs about 900 workers </p> <p> --Company plans to shift work from Garland to other Navistar plants </p> <p> By Bob Tita </p> <p> Navistar International... Wed, 31 Oct 2012 08:04:45 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54698523&headline=icahn-buys-1-6-million-shares-from-navistar-stock-offering http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54698523&headline=icahn-buys-1-6-million-shares-from-navistar-stock-offering <div class='newsbody'><p> By Bob Tita </p> <p> Billionaire investor Carl Icahn bought nearly 15% of the 10.7 million shares issued Thursday by Navistar International Inc. (NAV) to ease concerns about the commercial truck and engine maker running out of money. </p> <p> Five of Mr. Icahn's investment funds... Thu, 25 Oct 2012 19:56:09 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54465004&headline=u-s-hot-stock-futures-hot-stocks-to-watch http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54465004&headline=u-s-hot-stock-futures-hot-stocks-to-watch <div class='newsbody'><p> Among the companies with shares expected to actively trade in Wednesday's session are True Religion Apparel Inc. (TRLG), Yum Brands Inc. (YUM) and Cummins Inc. (CMI). </p> <p> True Religion confirmed it is considering a possible sale after receiving interest from third parties... Wed, 10 Oct 2012 09:19:04 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54457215&headline=cummins-lowers-2012-sales-profit-outlook-plans-layoffs http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54457215&headline=cummins-lowers-2012-sales-profit-outlook-plans-layoffs <div class='newsbody'><p> By Bob Tita </p> <p> Cummins Inc. (CMI) trimmed its sales and profit outlook late Tuesday, citing a weakening global economy for driving down demand for the company's engines. </p> <p> Cummins said it countered the slowdown with cost-reduction measures, including reducing the... Tue, 09 Oct 2012 19:46:48 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54456923&headline=cummins-cuts-full-year-guidance-plans-job-cuts http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54456923&headline=cummins-cuts-full-year-guidance-plans-job-cuts <div class='newsbody'><p> Cummins Inc. (CMI) again lowered its guidance for the year and unveiled plans to cut up to 1,500 employees as the engine maker looks to cut costs in response to the weakening global economy. </p> <p> Shares sank 5.6% to $86 after hours as the company also said third-quarter... Tue, 09 Oct 2012 18:20:13 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54422931&headline=navistar-ceo-new-engines-may-be-ready-ahead-of-schedule http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54422931&headline=navistar-ceo-new-engines-may-be-ready-ahead-of-schedule <div class='newsbody'><p> --Revamped engines may be ready in March instead of April. </p> <p> --Centerpiece of turnaround plan is improving North American operations. </p> <p> --Company may have to scale back its production of heavy-duty trucks. </p> <p> --Canceling the 15-liter engine allows the company... Fri, 05 Oct 2012 14:11:44 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54069373&headline=navistars-3rd-quarter-net-plunges-as-sales-fall-unveils-restructuring http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=54069373&headline=navistars-3rd-quarter-net-plunges-as-sales-fall-unveils-restructuring <div class='newsbody'><pre> By Saabira Chaudhuri </pre> <p> Navistar International Corp.'s (NAV) fiscal third-quarter profit plunged as the commercial truck manufacturer saw its sales fall, and it also unveiled a cost-cutting effort to reduce expenses by $150 million to $175 million year-over-year starting... Thu, 06 Sep 2012 07:07:13 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53660645&headline=cummins-2nd-quarter-profit-falls-7-1-china-revenue-down-sharply http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53660645&headline=cummins-2nd-quarter-profit-falls-7-1-china-revenue-down-sharply <div class='newsbody'><p> --Cummins reports lower sales in emerging markets </p> <p> --Company expects bigger decline in 2012 revenue from China </p> <p> --Second-quarter profit tops analysts' expectations. </p> <p> (Adds details throughout on end markets and business conditions in geographic regions... Tue, 31 Jul 2012 13:58:15 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53654647&headline=cummins-second-quarter-profit-falls-7-1-on-lower-gains-sales http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53654647&headline=cummins-second-quarter-profit-falls-7-1-on-lower-gains-sales <div class='newsbody'><pre> By Tess Stynes </pre> <p> Cummins Inc.'s (CMI) second-quarter earnings fell 7.1% as the engine maker's revenue was hurt by currency fluctuations, though growth in North America offset weakness in international markets--especially China and Brazil. </p> <p> The company had... Tue, 31 Jul 2012 08:34:53 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53578049&headline=paccar-volvo-to-trim-truck-output-due-to-weak-u-s-demand http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53578049&headline=paccar-volvo-to-trim-truck-output-due-to-weak-u-s-demand <div class='newsbody'><p> Commercial truck makers Paccar Inc. (PCAR) and Volvo AB (VOVLY, VOLV-B.SK) disclosed Tuesday they intend to reduce production in response to weakening demand for trucks in the U.S. </p> <p> Paccar, the builder of Kenworth- and Peterbilt-branded trucks, said it plans to lower... Tue, 24 Jul 2012 15:40:03 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53577870&headline=volvo-paccar-to-trim-truck-output-due-to-weak-u-s-demand http://www.advfn.com/nyse/StockNews.asp?stocknews=CMI&article=53577870&headline=volvo-paccar-to-trim-truck-output-due-to-weak-u-s-demand <div class='newsbody'><pre> By Bob Tita </pre> <p> Commercial truck makers Paccar Inc. (PCAR) and Volvo AB (VOVLY, VOLV-B.SK) disclosed Tuesday they intend to reduce production in response to weakening demand for trucks in the U.S. </p> <p> Paccar, the builder of Kenworth- and Peterbilt-branded trucks... Tue, 24 Jul 2012 15:23:35 EDT