Cummins Successful in Recent Patent Action Against Turbo Lab
Cummins Inc. (CMI)
Last cummins inc. earnings: 4/28 07:30 am
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investor.cummins.com/phoenix.zhtml?c=112916&p=irol-irhome
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Source: Business Wire
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announces successful legal actions against Turbo Lab for infringement of Cummins’ patents by the unauthorized marketing and selling of turbo nozzle rings, a critical component of the Holset® VGT™ turbo. Turbo Lab agreed Cummins’ patents were valid and infringed and, as part of the settlement, it further agreed to cease and desist purchasing, making and selling any nozzle ring product that infringes Cummins’ patents, and to destroy all existing infringing stock.Innovation and generation of intellectual property have been a part of the Holset® VGT™ success since Cummins Turbo Technologies first pioneered the variable geometry technology for the commercial vehicle market in 1998. Cummins Turbo Technologies continues to invest in the development and protection of new technologies that advance its VGTTM turbos to provide customers dependable and reliable products that improve fuel economy and play a critical role in meeting more
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News
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- Cummins Inc. (NYSE: CMI) had its price target lowered by analysts at Robert W. Baird from $298.00 to $295.00. They now have a "neutral" rating on the stock.MarketBeat
- Cummins (CMI) Q1 Earnings Miss, Fall Y/Y, Sales Top Estimates [Yahoo! Finance]Yahoo! Finance
CMI
Earnings
- 5/2/24 - Beat
CMI
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- CMI's page on the SEC website