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Stock Market & Financial Investment News

News Breaks
March 19, 2013
06:58 EDTCMICummins selected by NextFort for power backup systems
NextFort Ventures Chandler, owner and operator of a first-of-its-kind modular data center, announced the selection of Cummins, Inc., a global power leader, as the provider of a highly efficient distributed redundant backup power system in NextFort's new 180,000 square foot data center set to open in March. NextFort's unique approach requires a distributed parallel configuration and advanced control systems for power and cooling systems. NextFort chose Cummins for its expertise as a leading provider of diesel and gas-powered generator sets, transfer switches and paralleling systems for standby/emergency power, prime power, peak power, distributed power and co-generation. NextFort is installing Cummins generators in 5 megawatt N+1 redundant distributed parallel generator set cluster configuration. This includes NextFort's emphasis on maximum energy efficiency throughout the data center further reducing operating costs.
News For CMI From The Last 14 Days
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April 16, 2015
15:55 EDTCMICummins urges Congress to approve TPA
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14:35 EDTCMICummins downgraded to Underperform from Peer Perform at Wolfe (pre-open)
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April 15, 2015
10:00 EDTCMIOn The Fly: Analyst Downgrade Summary
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07:46 EDTCMICummins downgraded on negative catalysts forecast at Stifel
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06:17 EDTCMICummins downgraded to Hold from Buy at Stifel
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April 8, 2015
10:01 EDTCMIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Almost Family (AFAM) downgraded to Neutral from Outperform at Baird... Angie's List (ANGI) downgraded to Neutral from Buy at B. Riley... Annaly Capital (NLY) downgraded to Underperform from Market Perform at FBR Capital... Apple (AAPL) downgraded to Hold from Buy at Societe Generale... Calamos (CLMS) downgraded to Underperform from Market Perform at Keefe Bruyette... Catamaran (CTRX) downgraded to Hold from Buy at Argus... Cinemark (CNK) downgraded to Neutral from Buy at Janney Capital... Crestwood Equity (CEQP) downgraded at BofA/Merrill... Cummins (CMI) downgraded to Neutral from Buy at Goldman... Kinder Morgan (KMI) downgraded to Buy from Conviction Buy at Goldman... L'Oreal (LRLCY) downgraded to Neutral from Outperform at Exane BNP Paribas... NextEra Energy Partners (NEP) downgraded to Neutral from Buy at Goldman... Regal Entertainment (RGC) downgraded to Neutral from Buy at Janney Capital... Trina Solar (TSL) downgraded at BofA/Merrill... WebMD (WBMD) downgraded to Sell from Neutral at Goldman... Yingli Green Energy (YGE) downgraded at BofA/Merrill... Zep Inc. (ZEP) downgraded to Sell from Buy at Wunderlich.
05:33 EDTCMICummins downgraded to Neutral from Buy at Goldman
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April 6, 2015
07:30 EDTCMIJPMorgan still sees elevated truck production in 2015
JPMorgan notes Class 8 truck orders for March dropped 9% year-over-year to 25,100 units, a number that impacts Navistar (NAV), PACCAR (PCAR), Cummins (CMI), Allison Transmission (ALSN) and Eaton (ETN). The firm said Thursday that despite the weaker orders for March, investors should continue to have confidence that production will remain elevated in 2015.

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