Key Points: •    Earnings Surprise Ratio (#beat/#miss) at 5.26, almost double normal •    Median Earnings Surprise 7.20%, very strong •    Year-over-year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.80 •    Sales Surprise Ratio at 1.44 •    Sales Growth Ratio at just 0.43 •    Total Net Income for S&P 500 reported so far is 11.1% below what those same 478 firms reported a year ago, 10.3% above what they earned in 2Q09 •    Total S&P 500 Revenues reported so far down 10.9% year over year, up 3.4% from 2Q09 •    2009 Earnings Revisions ratio for full S&P 500 falls to 3.00, down from 3.25 last week, still very high •    2010 ratio at 1.98, down slightly from 2.09 last week •    S&P500 expected to earn $574.1 billion in 2008, $707.3 billion in 2010 •    Bottom Up estimates: $62.57 for 2009, $77.11 for 2010 •    Top Down estimates: $54.38 for ...

Key Points: •    Earnings Surprise Ratio (#beat/#miss) at 5.26, almost double normal •    Median Earnings Surprise 7.20%, very strong •    Year-over-year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.80 •    Sales Surprise Ratio at 1.44 •    Sales Growth Ratio at just 0.43 •    Total Net Income for S&P 500 reported so far is 11.1% below what those same 478 firms reported a year ago, 10.3% above what they earned in 2Q09 •    Total S&P 500 Revenues reported so far down 10.9% year over year, up 3.4% from 2Q09 •    2009 Earnings Revisions ratio for full S&P 500 falls to 3.00, down from 3.25 last week, still very high •    2010 ratio at 1.98, down slightly from 2.09 last week •    S&P500 expected to earn $574.1 billion in 2008, $707.3 billion in 2010 •    Bottom Up estimates: $62.57 for 2009, $77.11 for 2010 •    Top Down estimates: $54.38 for ...

November 4, 2009 -nbsp; Analyst Comments -nbsp; Think Equityrsquo;s David Woodburn weighed in on Westport Innovations (Nasdaq:WPRT) this morning stating that he is lowering his revenue forecast based on a reduction of estimates for heavy-duty engine volume based on near-term economic pressures on fleet purchases. He continues to rate the stock at a BUY Key Takeaways middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Decreasing overall engine forecasts for F2010 and F2011; shifting some volume from higher-profit heavy-duty line to Cummins-Westport medium-duty line middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; FQ2 should be a non-event ndash; expects revenue and EPS of C$27.7 million and (C$0.30) middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; ldquo;Skepticalrdquo; on odds of incentive-heavy NAT GAS legislation being passed (as written) by itself, though the odds have increased lately middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Federal incentives to look for which could drive uptake of CNG and LNG vehicles include the DOE/Clean Cities alt fuel grants, and the NATGAS bill. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Nov. 6 could bring the approval of SCAQMD/CARB/Port Funding middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; ...

Cummins (CMI) has revealed that it will recall about 270 production employees at its Columbus Midrange Engine Plant (CMEP) in Walesboro, Indiana. A temporary increase in orders for the Dodge Ram turbo diesel pickup truck engines made at the plant has led to the recall. The workers had been laid off or transferred to other Cummins facilities over the last year. Dodge Ram pickup – manufactured by Chrysler – is powered by Cummins’ 6.7-liter turbo diesel engine. The orders have increased as Chrysler seeks to build inventory for its 2010 Dodge Ram pickup. Consequently, Cummins plans to temporarily add a second production shift at CMEP on Oct. 19 that is expected to operate through the end of 2009. The recall will boost the plant’s workforce to 600 hourly workers. The company began production of the 2010 Dodge Ram engines in mid-September with approximately 340 production employees ...

Westport Innovations Inc., a global leader in alternative and low emission transportation technology, announced that the U.S. Department of Energy’s “Clean Cities” program has awarded the company with a grant of $300 million. This grant will help fund 25 cost-share projects across the United States, adding 9,000 alternative fuel and energy efficient vehicles and building 542 new refueling stations.

Based on this development, the company has received funding for the development of approximately 500 LNG trucks and 2,300 CNG vehicles. Westport anticipates that a significant portion of these vehicles will be sourced from various manufacturers and will utilize either Westport’s 15-litre GX engine or CWI’s 8.9 litre ISL G engine.

Michael Gallagher, President and Chief Operating Officer, commented, “This is a significant and decisive announcement for natural gas trucks and urban fleet vehicles. Given the vehicle applications of the projects awarded funding, we expect to benefit from the majority of funding through

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Cummins Inc. (CMI) posted a profit of $56 million, or 28 cents per diluted share, despite weakening demand from the global recession.

In fact, this Indiana-based auto components manufacturer increased profit from $7 million, or 4 cents per diluted share, in the first quarter, driven by cost reduction initiatives and alignment of manufacturing capacity to the reduced demand.

However, the profit was significantly lower than $293 million, or $1.49 per diluted share, reported a year ago. This was attributed to lower volumes, especially due to a steep decline in demand in the Engine and the Components segments.

Despite the deteriorating market conditions, Cummins has managed to generate significant positive cash flow ($181 million) during the quarter, and did not utilize any of its $1.1 billion credit facility.

Sales for the quarter were 37% lower at $2.43 billion. Sales plummeted 45% to $1.31 billion in the Engine segment, primarily due to sales declines

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In today’s busy and ever changing market, many companies lose sight of their most important asset: a quality, effective mangement team. As the lifeblood of the company, it is essential to maintain a group that will continue to provide success and notoriety. That is why Energtek, Inc., a prominent alternative energy technology company, is excited to recognize its management team for their outstanding work and dedication to the company’s mission. Energtek is proud of its reputation as a leading clean energy provider, and its management team follows high ethical standards with a commitment to providing alternative energy solutions to businesses and governments worldwide.

Energtek’s management team, comprised of three industry experts, is as diverse as it is prominent. The collective experience of its three team members includes a variety of alternative energy related companies and products, which provides a solid foundation for the company’s

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Columbus, Indiana-based Cummins Inc. (CMI) is a leading worldwide designer, manufacturer and distributor of diesel and natural gas engines, electric power generation systems, and engine-related components, fuel systems, controls and air handling systems.

The company is temporarily resuming production at its MidRange Engine Plant in Columbus with one shift from July 13. The plant makes engines for Dodge Ram pick-up trucks.

The company had shut down the plant in May 2009 after Chrysler abandoned vehicle production during its bankruptcy proceedings. The company is also recalling 400 workers out of the 720 employees it laid off in May. Cummins has eliminated nearly 3,000 workers, mostly in Columbus, since the recession began.

The plant would produce engines for the 2009 Ram Model through mid-August. However, Cummins noted that the facility would again be closed after that, until Chrysler starts building its 2010 truck model in October 2009. Cummins would recall

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* Adobe Systems (NASDAQ:ADBE) is scheduled to report fiscal second quarter earnings after the market closes, with analysts anticipating results of 35 cents versus 50 cents a year ago

* General Motors (NASDAQ:GMGMQ) announced a preliminary agreement to sell its Saab unit to Koenigsegg, a local sports car manufacturer

* Capital One Financial (NYSE:COF) reported US credit card write-offs increased almost one percent in May

* Microsoft (NASDAQ:MSFT) shares rose on reports that its new search engine, Bing, outperforms rival Google's (NASDAQ:GOOG) product

* Smithfield Foods (NYSE:SFD) reported a fiscal fourth quarter loss of 55 cents a share on revenues of $2.85 billion

* JP Morgan (NYSE:JPM) upgraded Magna International (NYSE:MGA) and Tenneco (NYSE:TEN) to "overweight" from "neutral"

* Goldman Sachs (NYSE:GS) initiated coverage of Cummins (NYSE:CMI) with a "buy" rating and a price target of $42

Zacks Investment Research

Ethos Environmental, Inc. announced today that it has improved its flagship fuel catalyst by adding an additional ingredient. The new product has been branded under the label EthosFR+.

CEO Corey P. Schlossmann commented, “The new EthosFR+ formula will continue to have its existing compounds, however we have added a new ingredient that we believe dramatically bolsters the product’s performance in gas and diesel engines.”

The efficacies of this new blend are currently being tested at the California Environmental Engineering (CEE) Laboratory - Center for Environmental Research in Santa Ana, California. This laboratory is Environmental Protection Agency (EPA) recognized and California Air Resources Board (CARB) certified.

The tests will be conducted on a Cummins QSM-11 400 HP heavy duty diesel engine on a heavy duty engine dynamometer in compliance with Federal Regulations. Testing will include establishing a baseline for average tailpipe emissions, horse power and fuel economy. EthosFR+ will then be added

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