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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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