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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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October 15, 2014
13:16 EDTCMICummins upgraded to Buy from Hold at Standpoint Research
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October 13, 2014
14:34 EDTCMICummins sell-off a buying opportunity, says Argus
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October 8, 2014
10:00 EDTCMIOn The Fly: Analyst Initiation Summary
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06:29 EDTCMICummins initiated with a Buy at Stifel
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October 7, 2014
10:50 EDTCMIAGCO shares slide as company cuts outlook, U.S. machinery sector downgraded
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10:02 EDTCMIOn The Fly: Analyst Downgrade Summary
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09:27 EDTCMIWells says Daimler decision to make engines negative for Cummins
Wells Fargo says Daimler's (DDAIF) announced intention to begin producing medium truck engines for its North American applications beginning in early 2016 is a negative for Cummins (CMI). Wells believes Daimler's decision is a threat to Cummins' supply relationship with Daimler's North American truck business. The firm estimates Cummins realized 45K engines and after-treatment systems to Daimler's North American Class 6-7 truck business over the twelve months ending August 2014. It has a Market Perform rating on the stock.
07:26 EDTCMICummins downgraded to Neutral from Buy at BofA/Merrill
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