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Cummins


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Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks

Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks July 11 (Reuters) - Brazilian mining giant Vale VALE3.SA said on Thursday it has partnered with Japan's Komatsu 6301.T and U.S.-based Cummins CMI.N to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company's existing fleet of diesel-powered haul trucks, making them capable of using up to 70% ethanol and reducing direc
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Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production

Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production By David Shepardson WASHINGTON, July 11 (Reuters) - The Biden administration plans to award General Motors GM.N and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.
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Cummins Increases Quarterly Common Stock Dividend

BRIEF-Cummins Increases Quarterly Common Stock Dividend July 9 (Reuters) - Cummins Inc CMI.N : CUMMINS INC. INCREASES QUARTERLY COMMON STOCK DIVIDEND CUMMINS INC - INCREASES QUARTERLY DIVIDEND BY 8.3% CUMMINS INC - INCREASES QUARTERLY COMMON STOCK CASH DIVIDEND TO 1.82 DOLLARS PER SHARE Source text for Eikon: ID:nBw6RQ3bCa Further company coverage:
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Truist cuts PTs for U.S. machinery companies ahead of Q2 earnings

BUZZ-Truist cuts PTs for U.S. machinery companies ahead of Q2 earnings ** Truist Securities cuts PTs for machinery companies, especially farm equipment makers, reflecting continued weakness in industrial demand ** Also cites longer-than-expected inventory destocking across distribution channels Company New PT Old PT Brokerages' median - LSEG data D
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U.S. Atlassian, Crowdstrike Holdings, CS Disco

U.S. RESEARCH ROUNDUP-Atlassian, Crowdstrike Holdings, CS Disco July 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Atlassian, Crowdstrike Holdings and CS Disco, on Tuesday. HIGHLIGHTS * Atlassian Corp TEAM.O : Piper Sandler raises to overweight from neutral * Crowdstrike Holdings Inc CRWD.O : Piper Sandler cuts to neutral from overweight * CS Disco Inc LAW.N : JP Morgan cuts to underweight from neutral * Principa
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U.S. Alphabet, Equity Residential, Infinera

U.S. RESEARCH ROUNDUP-Alphabet, Equity Residential, Infinera June 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, Equity Residential and Infinera, on Friday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Rosenblatt Securities cuts to neutral from buy * American Financial Group Inc AFG.N : Citigroup cuts to neutral from buy * Cincinnati Financial Corp CINF.O : Citigroup raises to buy from neutral * Equity Residenti
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U.S. Campbell Soup, Tesla, Walgreens

U.S. RESEARCH ROUNDUP-Campbell Soup, Tesla, Walgreens June 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Campbell Soup, Tesla and Walgreens, on Wednesday. HIGHLIGHTS * Campbell Soup Co CPB.N : JP Morgan raises to overweight from neutral * Kratos Defense and Security Solutions KTOS.O : BTIG initiates coverage with Neutral rating * Rocket Lab USA Inc RKLB.O : BTIG initiates coverage with Neutral rating * Tesla Inc
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Copper inches up; dollar strength, weak China demand outlook caps gains

METALS-Copper inches up; dollar strength, weak China demand outlook caps gains Recasts first paragraph, updates prices NEW DELHI, June 26 (Reuters) - Copper futures erased losses to turn slightly higher on Wednesday although a stronger dollar and weak demand outlook in top consumer China k ept gains in check . Three-month copper on the London Metal Exchange CMCU3 was u p 0 .1% at $9,5 80 per metric ton as of 07 16 GMT.
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Palm oil extends losses to fourth day on dull export estimates

VEGOILS-Palm oil extends losses to fourth day on dull export estimates BEIJING, June 26 (Reuters) - Malaysian palm oil futures dropped for a fourth consecutive day on Wednesday to their lowest levels in nearly six weeks after cargo surveyors forecast a decline in June exports so far. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange slid 14 ringgit, or 0.3%, to 3,845 ringgit ($817.22) a metric ton during early trade, its lowest since May 17.
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Copper edges lower on dollar strength, weak China demand outlook

METALS-Copper edges lower on dollar strength, weak China demand outlook NEW DELHI, June 26 (Reuters) - Copper futures eased on Wednesday, as a stronger dollar and weak demand outlook in top consumer China weighed on the market. Three-month copper on the London Metal Exchange CMCU3 was down 0.4% at $9,533 per metric ton as of 0220 GMT. The dollar was firm on Wednesday and trading on the precipice of the 160-yen barrier as investors turned cautious and counted down to the release of U.S.
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Gold flat as dollar, yields firm; investors seek more US data

PRECIOUS-Gold flat as dollar, yields firm; investors seek more US data June 26 (Reuters) - Gold prices were flat on Wednesday as the dollar and Treasury yields held firm ahead of a key inflation reading due later this week, which could provide more clarity on the Federal Reserve's interest rate path. FUNDAMENTALS * Spot gold XAU= was unchanged at $2,319.14 per ounce, as of 0128 GMT.
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Wheat drops to two-month low on harvest pressure; corn eases

GRAINS-Wheat drops to two-month low on harvest pressure; corn eases SINGAPORE, June 26 (Reuters) - Chicago wheat futures lost more ground on Wednesday, with the U.S. winter crop harvest adding pressure on prices amid some rain relief for crops in Russia, the world's top exporter. Corn slid, while soybeans inched higher as the market assessed the impact of floods on crops in the U.S.
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Environmental activists win landmark ruling over UK oil well plan

UPDATE 2-Environmental activists win landmark ruling over UK oil well plan Campaigners win appeal over approval for oil wells Impact of downstream emissions should have been considered Activists say ruling will impact future fossil fuel projects Adds reaction from company, council, campaigners, details By Michael Holden LONDON, June 20 (Reuters) - Planning authorities should have considered the impact of climate-warming emissions in approving an oil well near Gatwick Airport, the UK's highest co
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Daimler Truck Holding Accelera By Cummins, Daimler Truck And Paccar Complete Battery Joint Venture Transaction To Form Amplify Cell Technologies

BRIEF-Daimler Truck Holding AG - Accelera By Cummins, Daimler Truck And Paccar Complete Battery Joint Venture Transaction To Form Amplify Cell Technologies June 7 (Reuters) - DAIMLER TRUCK HOLDING AG DTGGe.DE : DAIMLER TRUCK HOLDING AG - ACCELERA BY CUMMINS, DAIMLER TRUCK AND PACCAR COMPLETE BATTERY JOINT VENTURE TRANSACTION TO FORM AMPLIFY CELL TE
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Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO

BRIEF-Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO June 4 (Reuters) - Cummins Inc CMI.N : ACCELERA BY CUMMINS, DAIMLER TRUCK AND PACCAR COMPLETE BATTERY JOINT VENTURE TRANSACTION TO FORM AMPLIFY CELL TECHNOLOGIES AND NAMES NEW CEO ACCELERA : AMPLIFY WILL SOON BEGIN CONSTRUCTION OF A 21-GIGAWATT HOUR (GWH) FACTORY IN MARSHALL COUNTY, MISS., WITH POTENTIAL FOR FURTHER EXPANSION ACCELERA : AMPLIFY FACTOR
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Cummins Entered Into Second Amended And Restated Credit Agreement By And Among Co, Certain Units

BRIEF-Cummins Entered Into Second Amended And Restated Credit Agreement By And Among Co, Certain Units June 3 (Reuters) - Cummins Inc CMI.N : CUMMINS INC - ENTERED INTO A SECOND AMENDED AND RESTATED CREDIT AGREEMENT BY AND AMONG THE COMPANY, CERTAIN OF ITS SUBSIDIARIES CUMMINS INC - 5-YEAR CREDIT AGREEMENT WILL MATURE ON JUNE 3, 2029 CUMMINS INC -
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Indian shares set for tepid start ahead of US inflation data

INDIA STOCKS-Indian shares set for tepid start ahead of US inflation data BENGALURU, May 29 (Reuters) - Indian shares are likely to start trade on a lacklustre note on Wednesday, tracking weakness in global peers, as investors cautiously await U.S. inflation data due this week for clues on the Federal Reserve's interest rate trajectory. The Gift Nifty GIFc1 was trading at 22,821, as of 0814 a.m.
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India economic, corporate events on May 29

DIARY- India economic, corporate events on May 29 BENGALURU, May 29 (Reuters) - Diary of India economic, corporate events on May 29. ECONOMIC, CORPORATE .BSE500 EVENTS: RIC Local Start Date Local Time Indicator Name Period Reuters Poll Prior INM3MS=ECI 29 May 2024 17:00 M3 Money Supply 17 May, w/e 11.1% Start Date Start Time RIC Company Name Event
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REC, HDFC AMC lead gains among planned additions to India's BSE 100 index

BUZZ-REC, HDFC AMC lead gains among planned additions to India's BSE 100 index ** Infrastructure financing firm REC RECM.NS hits record high, before easing to trade up 2% ** REC among 5 stocks to be added to India's BSE 100 index .BSE100 , effective June 24 ** Among others, HDFC Asset Management Co HDFA.NS gains ~4% ** Engine maker Cummins India CU
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India's Adani Ports to replace Wipro in Sensex after BSE rejig

UPDATE 2-India's Adani Ports to replace Wipro in Sensex after BSE rejig Adds analyst estimates on likely inflows into Adani Ports in paragraph 5 By Bharath Rajeswaran BENGALURU, May 24 (Reuters) - India's Adani Ports and Special Economic Zone APSE.NS will replace Wipro WIPR.NS in the 30-stock blue-chip S&P BSE Sensex .BSESN , the operator of the index said on Friday.
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