Cummins 4Q Profit Grows Despite Lower Sales

Cummins Inc. reported a sharply higher fourth-quarter net profit today (Feb. 9), but revenue fell as the engine maker said difficult market conditions could hurt 2017 results. The Columbus, Ind.-based company said cost-cutting helped mitigate the impact of lower North American commercial truck production and weak global demand for its engines and power-generation equipment. Cummins reported […]