Cummins Inc. Posts $4.7 Billion in Q1 Revenue

Columbus, Ind.-based Cummins Inc. (NYSE: CMI) today (April 28) reported first quarter 2015 revenue of $4.7 billion, an increase of 7% from the same quarter in 2014. The increase year-over-year was driven by stronger demand in on-highway markets and distributor acquisitions in North America. Currency negatively impacted revenues by 3% compared to last year, primarily […]

Ally Financial Reports $576 Million Q1 Net Gain

Ally Financial Inc. (NYSE: ALLY) today (April 28) reported net income of $576 million, and $1.06 per diluted common share, for the first quarter of 2015, compared to net income of $177 million, and $0.23 per diluted common share, in the prior quarter, and net income of $227 million, and $0.33 per diluted common share, […]