NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, issues this updated notice in connection with the securities class action lawsuit on behalf of purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the "Class Period"). This class action was originally filed on January 15, 2024. The lawsuit seeks to recover damages for Cummins investors under the federal securities laws. To join the Cummins cl ...

Financial Performance - C-COM Satellite Systems Inc. reported revenues of $1.3 million for Q3 2024, an increase from $1.2 million in Q3 2023, contributing to year-to-date revenues of $6.5 million, which is $2 million (46%) higher than the same period in 2023 [2] - The company experienced a net loss of $0.1 million in Q3 2024, but year-to-date net income stands at $0.3 million, significantly above last year's performance [2] Cash Flow and Dividends - As of the end of Q3 2024, C-COM generated $2.9 million in cash flow from operations, leading to an increase in liquidity with cash and investments growing by $1.5 million to $17 million [3] - The company paid out $528,206 in dividends during Q3 2024, maintaining its quarterly dividend payout for 50 consecutive quarters [3] Future Developments - C-COM is finalizing the testing and manufacturing of its advanced multi-orbit Ka-band Electronically Steered Antenna System (ESA), which is designed to operate over all satellite constellations (GEO, MEO, LEO) [6] - The new ESA features a modular and scalable architecture, expanding addressable markets for high-speed mobility connectivity across various applications, including military and security needs [6] - The company is also developing an Analog Beamforming Integrated Circuit, expected to enter the testing phase by the end of the year, aimed at reducing costs and improving performance of ESA antennas [9] Market Position - C-COM is a leading global provider of mobile satellite antenna systems, having sold over 10,000 systems in more than 100 countries [8] - The company serves various vertical markets, including Oil & Gas, Military Communications, and Telemedicine, with its iNetVu® brand recognized for quality and reliability [8]

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...

I have an actively managed investment portfolio, and I regularly trade stocks within my investing universe (or watch list) depending upon the stock's price relative to my estimate of its intrinsic value and its market I have degrees in Applied Chemistry, Accounting and an MBA. I also have completed the NYU Stern Certificate in Advanced Valuation with High Honors. I have held senior executive roles in a variety industries including glass, building materials, consumer products & rail transport.I am a full-tim ...

Cummins Inc. (NYSE: CMI ) is a compounder that's not talked about enough in GARP circles, partly due to the cyclicity of selling engines and power generation equipment. However, over the years, the company has proved itself to be a consistent performer, with steady growth I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptiona ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and invest ...

A long haul semi truck driving on a highway. RichLegg/E+ via Getty Images In investing, nothing is guaranteed. However, buying great businesses at reasonable or discounted valuations works out more often than not over the long run. Of my picks in recent months, Cummins (NYSE:CMI) provides an example of this in action. When I last covered it with a buy rating in June, I thought its recent and upcoming product launches could reinvigorate growth. The A-rated balance sheet was another positive. Finally, the val ...

INDIANAPOLIS, Aug. 29, 2024 /PRNewswire/ -- Allison Transmission, a leader in fully automatic transmissions and electrified propulsion systems, is pleased to announce that Cummins Inc., a global power solutions leader, has chosen Allison's Vehicle Electrification + Environmental Test Center to conduct a series of tests on multiple trucks equipped with Cummins' powertrains. Allison's Vehicle Electrification + Environmental Test Center supports a wide range of vehicle testing, including diesel, gasoline, natu ...

Recent insider activity at Cummins Inc. (CMI) has raised questions among investors about the future direction of the stock. Sharon Barner, the company's vice president and chief administrative officer, recently sold 4,780 shares at an average price of $300.35 per share, as per a SEC filing on Aug 19. Does this signal a concern about the company's prospects and should you reevaluate your position in the stock? Cummins' Performance and Valuation Cummins has had a good run on the bourses, with the stock up 26% ...

r F the II TT TI l 04 ing t i 17,000 # jetcityimage Introduction The American manufacturing industry is not in a great place - neither are the European nor the Chinese. To use the words of Wells Fargo (emphasis added): The ISM Index, a long-trusted bellwether for the manufacturing sector, sunk even deeper into contraction territory in July coming in at 46.8, a reading just spitting distance from its lowest levels of the past three years. Only two components were ahove the 50-line of demarcation between expa ...