Equity Research on Cummins Inc. and Dover Corp. - Diversified Machinery Industry Benefiting From Broad Market Exposure
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/22/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Diversified Machinery industry and are offering free analytical research on (NYSE: CMI) and (NYSE: DOV). Register with us today at to have free access to these research reports.
Companies in the diversified machinery industry like Cummins Inc. and Dover Corp. have logged some impressive results as of late, in part due to the many different markets that they serve. Those with global operations have additional stability, as recent weakness from areas such as China and Europe have been offset by strong performances from emerging markets. Get your free reports on and at . There is no commitment to join.
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Several companies have also been growing their operations through acquisitions, as they look to further increase their market share. Cummins is a good example of this, having recently stated it has signed an agreement to purchase the emission control product assets of Hilite International. The acquisition will, among other things, increase Cummins' presence in Europe. Cummins posted solid 1st quarter numbers, with profits climbing 33% and revenue increasing by 16% when compared to the same period last year. report is accessible for free by registering today at .
Dover also had a positive 1st quarter, on the back of strength from a number of different markets. The company posted earnings per share of $1.05 compared to $0.88 in the year ago quarter and a 14% jump in revenue. report is accessible for free by registering today at .
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