UPDATE 3-Cummins profit drops sharply, shares tumble 5 pct

Newswire

* Weak demand in North America drives revenue drop * Company sticks to full-year forecast * Shares down more than 5 percent April 30 (Reuters) - Cummins Inc reported a sharper-than-expected drop in first-quarter earnings on Tuesday, citing weak demand for its turbines and engines, especially from the mining and oil and gas industries. The company's shares tumbled 5 percent in morning trading. Cummins, which makes ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×