Cummins 4th-quarter rally not enough


Cummins Engine Plant, pictured Monday, Oct. 8, 2012. Cummins lowered its full year revenue and EBIT guidance for 2012 and also announced actions to respond to the weakening global economy.

Cummins Inc. offered investors a conservative revenue forecast for 2014 on Thursday, saying sales in the first half of the year may slow a little compared to a solid fourth quarter.

By midyear, however, sales are expected to forge ahead again.

“Most of our markets have bottomed out. Some may slip further,” Cummins CEO Tom Linebarger said in a conference call with stock analysts after an early-morning earnings release.

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