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Stock Market & Financial Investment News

News Breaks
January 24, 2013
11:31 EDTCMICummins downgraded to Hold from Buy at Standpoint Research
News For CMI From The Last 14 Days
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July 9, 2014
10:02 EDTCMIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Advanced Energy (AEIS) downgraded to Neutral from Buy at Dougherty... Apollo Global (APO) downgraded to Neutral from Buy at Citigroup... Artisan Partners (APAM) downgraded to Neutral from Buy at Citigroup... Autoliv (ALV) downgraded to Hold from Buy at Nordea... BNP Paribas (BNPQY) downgraded to Neutral from Overweight at JPMorgan... BP (BP) downgraded to Hold from Buy at Deutsche Bank... Carlyle Group (CG) downgraded to Neutral from Buy at Citigroup... Coach (COH) downgraded at Buckingham... Cummins (CMI) downgraded to Buy from Conviction Buy at Goldman... Garmin (GRMN) downgraded to Underperform from Sector Perform at Pacific Crest... Gigamon (GIMO) downgraded to Buy from Strong Buy at Needham... International Paper (IP) downgraded at RBC Capital... Louisiana-Pacific (LPX) downgraded at RBC Capital... Marvell (MRVL) downgraded to Underperform from Perform at Oppenheimer... McGraw Hill Financial (MHFI) downgraded to Market Perform at Raymond James... Moody's (MCO) downgraded to Market Perform from Outperform at Raymond James... Plum Creek Timber (PCL) downgraded at RBC Capital... Potash (POT) downgraded to Neutral from Overweight at JPMorgan... RGS Energy (RGSE) downgraded at Cowen... Taminco (TAM) downgraded to Neutral from Buy at Citigroup... Total (TOT) downgraded to Hold from Buy at Societe Generale... Unilever (UN) downgraded to Reduce from Neutral at Nomura... VMware (VMW) downgraded to Market Perform from Outperform at Wells Fargo... Vectren (VVC) downgraded to Hold from Buy at KeyBanc.
07:13 EDTCMICummins downgraded to Buy from Conviction Buy at Goldman
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July 8, 2014
16:18 EDTCMICummins appoints Rich Freeland as COO
Cummins announces Rich Freeland will assume the role of President and COO for Cummins, reporting to Tom Linebarger, who will remain Chairman and CEO. In his new role, Freeland will focus on the company's daily operations. Freeland has been the Engine Business President for Cummins since 2010 overseeing development, manufacturing, marketing and sales for the Company's largest business unit.
15:28 EDTCMICummins capital return, lack of revised guidance positive, says Wells Fargo
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15:24 EDTCMICummins dividend raised more than expected by ISI Group
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14:35 EDTCMICummins spikes to highs of session after dividend raise, share repurchase
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14:31 EDTCMICummins raises quarterly dividend 25%, announces $1B share repurchase plan
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