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Cummins Inc. shares fell 2.6% in premarket trade Wednesday, after the engine maker posted weaker-than-expected profit for the fourth quarter. Cummins said it had net income of $579 million, or $3.63 a share, after a loss of $274 million, or $1.65 a share, in the year-earlier period. The year-earlier number was hit by a tax charge. Adjusted per-share earnings came to $3.48, below the FactSet consensus of $3.82. Sales rose to $6.126 billion from $5.476 billion, above the FactSet consensus of $6.082 billion. The company said it now expects full-year revenue to be flat to up 4%. Shares have fallen 14.3% in the last 12 months, while the S&P 500 has gained 1.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.