Cummins 2nd-qtr net up 37 pct, ups sales forecast

Newswire

CHICAGO, July 30 (Reuters) - Cummins Inc , a U.S. maker of engines and power generators, said its earnings in the latest quarter rose a better-than-expected 37 percent as strong international sales offset continued weakness in some of its key North American markets. The company also raised its full-year sales forecast, saying it now expects growth of 15 percent, up from a previous forecast of 12 percent. Cummins reported a second-quarter net profit of $293 million, or $1.49 a share, up ...

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