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Cummins guides down, approves new $1B buyback

Nov. 10, 2015 12:24 PM ETCummins Inc. (CMI) StockBy: Stephen Alpher, SA News Editor7 Comments
  • Challenging conditions in a number of important markets are expected to have 2016 revenues coming in at least 5% below the 2015 level, says Cummins (NYSE:CMI -1.7%) at its analyst day.
  • The company sets a new $1B repurchase plan to start upon completion of the current $1B program (launched in July 2014).
  • Analyst day webcast
  • Source: Press Release

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