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News Breaks
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October 30, 2009
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| 07:38 EDT |  | CMI |
| theflyonthewall.com: | Cummins raises FY09 sales guidance | | Based on the third quarter results and company forecasts for the remainder of the year, Cummins today is raising its sales and profit guidance for 2009. The company now expects 2009 sales to be slightly less than 30% lower than 2008 and anticipates EBIT of 6% of sales for the year, excluding the restructuring charges. Previously, the company said it expected 2009 sales to be slightly more than 30% lower than last year and EBIT to be 5% of sales, excluding restructuring charges. :theflyonthewall.com |
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