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February 20, 2013
08:04 EDTCMICummins revises previously announced Q4 operating results
Cummins has revised its previously announced Q4 and FY12 operating results to reflect information learned in February related to certain legal matters. The revisions were made to reflect a post-period increase to the Company’s contingent legal reserves for a recent adverse court ruling in a commercial contract dispute. As a result of the new information, EBIT for the fourth quarter and the full year decreased by $20M, while net income attributable to Cummins was reduced by $12M, or 7c per diluted share. This matter does not alter operating segment results as previously reported. The company’s revised fourth quarter EBIT was $532M excluding $52M of restructuring costs. Net income attributable to Cummins was $369M, or $1.95 cents per diluted share, including 19c per diluted share of restructuring costs and one-time tax benefits of 21c per diluted share. For the full year, the company’s revised EBIT, excluding special items, was $2.35B or 13.6% of sales compared to $2.6B or 14.2% of sales in 2011.
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July 29, 2014
08:15 EDTCMICummins management to meet with Piper Jaffray
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July 28, 2014
16:32 EDTCMIOn The Fly: Closing Wrap
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10:57 EDTCMICummins says demand in China impacted by less infrastructure activity
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07:37 EDTCMICummins raises FY14 revenue guidance to 8%-11% from up 6%-10%
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07:31 EDTCMICummins reports Q2 EPS $2.43, consensus $2.38
Reports Q2 revenue $4.84B, consensus $4.83B.
July 25, 2014
11:52 EDTCMICummins technical notes ahead of earnings
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July 23, 2014
12:59 EDTCMIEarnings Preview: Caterpillar shares near 52-week high ahead of Q2 report
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10:44 EDTCMICaterpillar read-through modest negative for Cummins, says Wells Fargo
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