Daily BriefsECM

Daily Brief ECM: Cummins Inc: Acquisition Of Siemens’ Commercial Vehicles Business & Other Drivers and more

In today’s briefing:

  • Cummins Inc: Acquisition Of Siemens’ Commercial Vehicles Business & Other Drivers

Cummins Inc: Acquisition Of Siemens’ Commercial Vehicles Business & Other Drivers

By Baptista Research

  • Cummins delivered a mixed set of results for the quarter, surpassing the revenue expectations of Wall Street but missing out on earnings.
  • Also, through its subsidiary Meritor, Cummins announced the completion of its acquisition of the commercial vehicles business of Siemens.
  • Demand for the products of the company remained quite strong across its key regions and markets, which resulted in strong revenue in this quarter.

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