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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 »

Cummins announces new VP corporate controller

(March 27, 2017) -- Chris Clulow will replace Marsha Hunt, who was appointed to the Financial Accounting Standards Board and will begin her new role July 1. This public service to the U.S. financial markets requires Hunt to leave Cummins. Read More »

Alkane explores partnership with Cummins

(March 9, 2017) — Alkane Truck Company, a South Carolina-based assembler of alternative-fuel vehicles, is exploring a supply agreement with diesel engine manufacturer Cummins Inc., to offer clean diesel engine options for Alkane’s line of heavy-duty trucks and off-road vehicles, Heavy Duty Trucking reported. Read More »