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Cummins misses 1Q profit forecasts

COLUMBUS, Ind. _ Cummins Inc. on Tuesday reported first-quarter earnings of $387 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share. Eight analysts surveyed by Zacks expected $4.61 billion.
Source: The Associated Press
China Minsheng Investments to invest 15 bln yuan in solar power plant

SHANGHAI, April 18- China Minsheng Investments will invest 15 billion yuan in a 2 gigawatt solar power plant in the northwestern region of Ningxia, which the company says will be the largest such plant of its kind in the world. CMI, the largest private investment fund in China, said in an announcement emailed to Reuters that the plant would take up around 60,000 mu,...
Source: Reuters
New trade bill puts US in driver's seat: Rep Ryan

A new free trade "fast track" bill gives Obama a key tool to edge out China for the future of the global economy, Wisconsin Rep. Paul Ryan said.
Source: CNBC.com | By: Everett Rosenfeld