Cummins announces new $1B stock repurchase program Cummins announced that the board has authorized the company to repurchase up to $1B in shares of common stock. The program was approved as the company approaches completion of its current $1B share repurchase program approved by the board in February 2011.
Cummins could rise over 15% in FY15, Barron's says Cummins shares could rise over 15% in FY15 as concerns look overdone, Barron's contends in a feature article. The company should benefit from the North American market and improvements in emerging markets, the paper adds. Reference Link