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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:21 EDTWPRT, CMIWestport takeover by CMI highly unlikely, says JPMorgan
JPMorgan says shares of Westport Innovations (WPRT) rallied Friday on a report that Cummins (CMI) is looking to acquire the company at $42 per share. The firm views a potential deal as highly unlikely and says the $42 per share price makes little sense. JPMorgan keeps a Neutral rating on shares of Westport.
News For WPRT;CMI From The Last 14 Days
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September 19, 2014
11:11 EDTCMICaterpillar sales trends for August mixed, says Wells Fargo
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September 16, 2014
09:59 EDTCMIOn The Fly: Analyst Downgrade Summary
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05:32 EDTCMICummins downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Cummins to Market Perform on concerns the company will struggle to meet 2015 consensus expectations due to emerging market demand weakness, slower power generation improvement and warranty accrual headwinds in Engines. Wells lowered its price target range for shares to $145-$148 from $170-$173.
September 15, 2014
12:10 EDTWPRTWestport management to meet with Lake Street
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