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Stock Market & Financial Investment News

News Breaks
July 8, 2014
15:24 EDTCMICummins dividend raised more than expected by ISI Group
ISI Group said Cummins' decision to bump its dividend to 78c was more than the firm's forecast for a raise to 70c. ISI still expects Cummins to end this year with net cash for the eighth time in 9 years despite the dividend increase and says the company has more firepower if they are able to use it. ISI has a Buy rating on the stock.
News For CMI From The Last 14 Days
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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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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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