Publish date: 08/02/2016
Second quarter revenues of $4.5 billion, EBIT of 13.1 percent of sales GAAP profit before tax of 12.7 percent of sales, Diluted EPS of $2.40 Expects full year 2016 revenues to be down 8 to 10 percent, lower than previous guidance of down 5 to 9 percent Full year 2016 EBIT expected to be in the range of 11.6 to 12.2 percent, unchanged Returned more than $1 billion to shareholders year to date through dividends and share repurchases COLUMBUS, Ind.--(BUSINESS WIRE)--Aug. 2, 2016--
Publish date: 07/12/2016
COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 12, 2016-- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock from 97.5 cents per share to 1.025 dollars per share, payable on September 1, 2016, to shareholders of record on August 22, 2016. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel
Publish date: 06/28/2016
WASHINGTON--(BUSINESS WIRE)--Jun. 28, 2016-- Today, Dr. John C. Wall, former Vice President and Chief Technical Officer at Cummins Inc. (NYSE: CMI), will receive the Thomas W. Zosel Individual Achievement Award from the U.S. Environmental Protection Agency (EPA) at a ceremony for the 2016 Clean Air Excellence Awards. “It’s hard to overstate John’s impact on our company, our industry and the environment. In addition to shaping emissions technology, he also helped shape emissions policy around the world,” said Jennifer Rumsey,
Publish date: 06/23/2016
50-Year Old RM1005 is Ready to Meet London Ultra-Low Emissions ZoneGOODWOOD, UK (23 June, 2016) – Cummins display at the Goodwood Festival of Speed (June 23-26) will once again draw the crowds with a unique engineering project on show. An iconic London Routemaster red bus is going ‘green’ with a Cummins ISB4.5 clean diesel engine, ensuring it is ready to meet the Ultra-Low Emission Zone (ULEZ) standards planned to take effect in congested areas of the capital from 2018 to 2020.
Publish date: 06/02/2016
Commits to Energy Management Campaign; Releases new Energy Goal COLUMBUS, Ind.--(BUSINESS WIRE)--Jun. 2, 2016-- Cummins Inc. (NYSE: CMI) won the 2016 Award of Excellence in Energy Management from the Clean Energy Ministerial (CEM), a high-level global forum that promotes policies and programs to advance clean energy. CEM energy ministers will present this prestigious CEM award to Jennifer Rumsey, Vice President and Chief Technical Officer of Cummins Inc. at the annual CEM meeting in San Francisco, California, on June 2. An independent panel of international experts selected only three