Earnings estimates for some industrial companies have started to move higher.
COLUMBUS, Ind. and VANCOUVER, British Columbia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT | Nasdaq:WPRT) have agreed to a share purchase agreement for the sale of Westport’s stake in the Cummins Westport Joint Venture (“JV”) with CMI continuing to operate the business as the sole owner. As previously reported, the Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. As part of the agreement, C
JV to focus on natural gas solutions, which are critical to a zero-emissions futureDALLAS-FORT WORTH, Texas and COLUMBUS, Ind., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas po