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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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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 9, 2014
09:03 EDTWPRTQuantum receives follow-on order from Westport
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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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06:46 EDTWPRTWestport volatility increases as shares pullback to six-year low
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