Spire Wealth Management and
Simmons Bank sold a total of 2391 shares of
Cummins Inc., while
Qsemble Capital Management LP, Stoneridge Investment Partners LLC, Patton Albertson Miller Group LLC, Victory Capital Management Inc., Machina Capital, S.A.S., Segantii Capital Management Ltd, and
M&T Bank Corp acquired new holdings or increased their stake. Cummins Inc. announced a $580M project at the
Rocky Mount Engine Plant and partnered with
Komatsu for Zero-Emission Equipment. Meanwhile, Cummins Inc.'s VP sold 3880 shares, and a 1 million square foot lease was signed with
Mohr Logistics Park. Despite several earnings misses, strategic gains led to surpassing EPS estimates, while meeting regulations resulted in a $1.7B fine under the Clean Air Act.
Albemarle and Cummins received tax credits under Biden's clean energy drive.
Cummins announced field testing of mining hybrid (diesel-battery) truck solution. However, a class action lawsuit for alleged securities fraud is looming against Cummins and the company still dealt with significant insider selling.
Cummins CMI News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 12 May 2024 20:50:16 GMT -
Rating -2
- Innovation 3
- Information 2
- Rumor -4
