Full Answer
What does Cummins sell besides engines?
The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines.
Is Cummins (CMI) stock a buy after momentum fuel buyout?
Cummins (CMI) Closes Momentum Fuel's 50% Buyout, Partners Isuzu Jan. 21, 2022 at 8:39 a.m. ETon Zacks.com
Why did Cummins'shares fall?
Shares of Cummins Inc. fell 1.3% in midday trading, after the truck engine maker reported a third-quarter profit that fell in line with forecasts, but revenue that declined more than expected, citing lower demand for trucks and construction equipment and weakness in international markets.
Who is the CEO of Cummins Inc?
COLUMBUS, Ind., February 11, 2022--Today, Cummins Inc. (NYSE: CMI) announced Jennifer Rumsey, its President and Chief Operating Officer, has been elected to the company’s Board of Directors. © 2022 Yahoo. All rights reserved.
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Who is the CEO of Cummins?
In his first Executive Decision segment of Wednesday's "Mad Money" program, Jim Cramer spoke with Tom Linebarger, chairman and CEO of Cummins Inc. , an engine maker that is one of the leaders in clean hydrogen fuels. Linebarger said technology and innovation are at the core of what Cummins does.
What happened to Westport fuel?
The stock of Westport Fuel Systems (NASDAQ: WPRT) crashed Tuesday morning, sinking nearly 22% as of 11:40 a. m. EST after its third-quarter numbers missed Wall Street estimates by a pretty big margin. What's even more concerning is that Westport Fuel may have just confirmed the end of key joint venture (JV) with engine giant Cummins (NYSE: CMI). Consensus estimates were for revenue worth around $87 million and for Westport Fuel to turn a profit.
Is Cummins Inc. a Dow Jones?
Global power leader Cummins Inc. has returned to the S&P Dow Jones World Sustainability Index, one of the most prestigious sustainability indices evaluating companies’ performance on environmental,...
Is Cummins a member of the Better Climate Challenge?
Global power leader Cummins Inc. has been accepted into the U.S. Department of Energy’s Better Climate Challenge, one of 35 members pledging to reduce their scope 1 and 2 greenhouse gas (GHG) emiss...
