Cummins (CMI +7%) conference call: The exact opposite of Caterpillar's "hope," the company...

|About: Cummins Inc. (CMI)|By:, SA News Editor

Cummins (CMI +7%) conference call: The exact opposite of Caterpillar's "hope," the company expects no improvement in Chinese demand in H2 as government stimulus efforts to this point have been light (h/t firstadopter). Cummins earns just 6% of its revenues from China, but sales there more than doubled (presentation) from 2009-2011, and are now expected to fall about 10% this year. (earnings)