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Tag Archives: Cummins

Cummins builds momentum with focus on technology

(May 10, 2017) -- The chairman and CEO of Cummins said he will deliver a message today to shareholders that is a mixture of gratitude and cautious confidence, coming one week after the Columbus-based global company reported that first quarter revenues had snapped a string of six year-over-year quarterly declines. Read More »

Cummins announces $1.03 quarterly dividend

(May 10, 2017) -- Cummins announced a quarterly dividend on May 9. Shareholders of record on May 19 will be paid a dividend of 1.025 per share on June 1. This represents a $4.10 annualized dividend and a yield of 2.62%. Read More »

Cummins announced first quarter results

(May 2, 2017) -- First quarter revenues of $4.6 billion increased 7 percent from the same quarter in 2016. Stronger demand from construction and mining customers and higher sales from a distributor acquisition in the fourth quarter of last year, more than offset the impact of weaker truck production in North America. Read More »

Cummins, Eaton planning $1.2 billion joint venture

(April 10, 2017) -- Columbus, Ind.-based Cummins and Dublin, Ireland-based Claim WorkflowEaton Corp. plan to form a $1.2 billion joint venture focused on automated transmissions for medium- and heavy-duty commercial vehicles, the companies announced Monday. Read More »