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The Latest Breaking News from CMI

Dozens gather outside Edinburgh Filmhouse during candle-lit vigil following closure

Last week, it was announced that the well-loved Edinburgh Filmhouse and International Film Festival would cease trading with immediate effect and administrators would be appointed

Edinburgh Live

Filmhouse employees seek legal action against sacking

Administrators were called in last week, with staff at two cinemas and a film festival made redundant

Insider UK

Petition to save Edinburgh Filmhouse launched following sudden administration

The Edinburgh Filmhouse and Edinburgh International Film Festival ceased trading suddenly on October 6, leading to over 100 job losses. In the wake of the news, a petition has been started to save the beloved cinema.

Edinburgh Live

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Stars mourn as body behind Edinburgh film fest and Scots cinemas ceases trading

The Centre for the Moving Image runs the Edinburgh International Film Festival as well as the Edinburgh Filmhouse and the Belmont Filmhouse in Aberdeen.

Daily Record

Edinburgh film festival shuts down as organisers call in administrators

Parent body running festival says it had no choice amid a ‘perfect storm of sharply rising costs alongside reduced trade’

The Guardian - UK

Edinburgh International Film Festival ceases trading with immediate effect

The charity which runs the event has called in administrators amid a ‘perfect storm of sharply rising costs’.

The Independent UK

Loved Edinburgh Filmhouse cinema and Edinburgh Film Festival enter administration

The Edinburgh Filmhouse and the Belmont Filmhouse in Aberdeen, as well as the Edinburgh International Film Festival, will cease trading after the charity behind them was put into administration

Edinburgh Live

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Top independent Scottish cinemas and film festival SHUT with immediate effect

TWO acclaimed independent cinemas in Scotland have announced they will stop trading with immediate effect as administrators are called in.

The National (Scotland)

Edinburgh Film Festival and Filmhouse Cinema owner files for administration

The Edinburgh Filmhouse and Belmont Filmhouse will cease trading immediately

Insider UK

Cummins Whale Trades For September 30

Someone with a lot of money to spend has taken a bearish stance on Cummins (NYSE:CMI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Hybrid working may hold back women’s careers, say managers

Research suggests employers are overlooking people – particularly women – who work from home

The Guardian - UK

How to be a CEO: Ann Francke, CMI “There are five generations in the workforce”

"Reverse mentoring" and how the young can teach the old a few tricks

Evening Standard

3 Passive Income Stocks That Could Help You Retire Early

The stock market has been rallying lately with the decline in inflation in July from the multi-decade high level and robust economic data. However, with inflation remaining elevated and the rising geopolitical issues, the market could witness volatility in the months ahead. Therefore, it could be wise to invest in…

StockNews.com

Here's How Much $1000 Invested In Cummins 15 Years Ago Would Be Worth Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 2.63% on an annualized basis producing an average annual return of 9.07%. Currently, Cummins has a market capitalization of $27.63 billion.

Benzinga

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Asharq Al-Awsat

Morocco: 6.3 Mln E-Commerce Transactions in Q1 2022

E-commerce websites and billers' websites affiliated to the Interbank Electronic Banking Center (CMI) have carried out 6.3 million online payment transactions via Moroccan and foreign bank cards, for a total amount of 2.3 billion dirhams ($230 million) during the first quarter of 2022. The e-commerce activity is up 34.4 percent…

The Guardian - UK

Black and Asian UK workers say they are held back at work by bias, survey finds

Hairstyles and not drinking among reasons most minority ethnic respondents believe they have been treated in a prejudiced way

Benzinga

$1000 Invested In This Stock 15 Years Ago Would Be Worth $4,200 Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.68% on an annualized basis producing an average annual return of 10.13%. Currently, Cummins has a market capitalization of $28.97 billion.

Benzinga

$100 Invested In Cummins 15 Years Ago Would Be Worth This Much

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.39% on an annualized basis producing an average annual return of 10.34%. Currently, Cummins has a market capitalization of $29.47 billion.

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news in one place.

100’s of premium titles.
One news app.

Benzinga

Analyst Ratings for Cummins

Cummins (NYSE:CMI) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for Cummins

Within the last quarter, Cummins (NYSE:CMI) has observed the following analyst ratings:

Benzinga

UBS Downgrades Cummins, Cuts Price Target by 18%

UBS downgraded Cummins Inc (NYSE:CMI) to Neutral from Buy and reduced the price target to $214 (an upside of 5%) from $260. Analyst Steven Fisher mentions that the North America truck cycle will peak in 2023, with North America trucker profitability expected to peak in 2022 and new emissions regulations in 2024 pushing a pre-buy.…

Benzinga

Cummins Agrees To Acquire Meritor For $3.7B

Cummins Inc (NYSE:CMI) has agreed to acquire electric powertrain solutions provider Meritor Inc (NYSE:MTOR) for about $3.7 billion, including assumed debt and net of acquired cash. The company will pay Meritor shareholders $36.50 in cash per share, representing a 48% premium to the Meritor's closing price of $24.67 on February 18, 2022. Meritor, headquartered…

StockNews.com

Infrastructure in 2022: The Complete Investors Guide

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

Benzinga

Cummins To Acquire Jacobs Vehicle Systems Business From Altra Industrial For $325M

Cummins Inc. (NYSE:CMI) has agreed to acquire Jacobs Vehicle Systems, a subsidiary of Altra Industrial Motion Corp (NASDAQ:AIMC), for $325 million. Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry. It generated ~$193 million in…

Benzinga

Cummins To Take Full Control Of Former JV With Westport

Cummins Inc. (NYSE:CMI) has agreed to acquire the remaining stake in the former Cummins Westport Joint Venture from Westport Fuel Systems Inc. (NASDAQ:WPRT). Financial terms were not disclosed. CMI will operate the business as the sole owner. The Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. Cummins will also buy Westport’s interest…

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