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A Fortune 500 company, Cummins (CMI) develops and sells fuel and diesel engines, electrical generators and related components. The company manages approximately 600 facilities and operates through over 7,000 locations in 190 countries. Founded in 1919, the company’s head office is currently based in Columbus, Indiana, the US. Cummins is arranged into the following business segments: Cummins Engine Business, Cummins Power Systems Business, Cummins Component Business, and Cummins Distribution Business. The company is included in the S&P 500 market index. Shares are quoted on the New York Stock Exchange (NYSE). To receive updates about the Cummins share price, follow Capital.com.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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