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The Dow Jones Industrial Average jumped 700 points on Jun 2, its best day of the year so far.
3M (MMM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Shares of 3M (NYSE: MMM) fell by 12.2% in May, according to data provided by S&P Global Market Intelligence. The move came in a weak month for the industrial sector overall amid market concerns over the economic growth outlook, not least from weaker manufacturing data out of China. According to the National Bureau of Statistics of China, manufacturing activity contracted for the second straight month with May, and was worse than April.
A U.S. judge on Monday granted a delay of a trial in a lawsuit brought by a Florida city against industrial conglomerate 3M Co over water contamination from toxic "forever chemicals," after the parties said they were close to a settlement. 3M shares were down about 3% in afternoon trade. "The parties informed the Court last evening that they have reached a stage in those discussions where they believe a final binding agreement is achievable in the near future," U.S. District Judge Richard Gergel in Charleston, South Carolina, said in the order.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
I'm going to turn an investment loss into a benefit by using it to move assets without taking a tax hit on the gains.
This week's rally was capped off with the S&P 500 rising another 1.45% as Caterpillar (CAT) and 3M's (MMM) stock drove the market higher.
Stocks soared on Friday, with investors breathing a sigh of relief at the apparent end of worries about a government default. All three major market averages were up significantly. Index Daily Percentage Change Daily Point Change Dow +2.
The company is reportedly near a deal to resolve some of its "forever chemicals" concerns.
I was looking for an industrial stock to replace 3M in my portfolio and decided that Leggett & Platt would fit the bill.
3M may get a better-than-feared settlement on a legal issue, and another blowout jobs report fueled cyclical stocks like these industrial leaders.
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
(Reuters) - 3M Co has struck a tentative settlement of at least $10 billion with a host of U.S. cities and towns to resolve water pollution claims tied to "forever chemicals," Bloomberg News reported on Friday, citing people familiar with the matter. Shares of 3M were up 8.4% at $102.16 on Friday afternoon. A 3M spokesperson said the company "does not comment on rumors or speculation."
(Bloomberg) -- 3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersInside the Making of Redfall, Xbox’s Latest MisfireRich Latin Americans Transform Laid-Back Madrid Into a New Mi
3M (MMM) closed at $94.28 in the latest trading session, marking a +1.04% move from the prior day.
(Bloomberg) -- 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Ar
3M's (MMM) investment in biotech manufacturing is aimed at facility and equipment improvements and is expected to help in the creation of 60 full-time jobs in the European manufacturing facilities.
Buying companies facing hard times is part of my investment approach, but 3M taught me that I need to avoid certain types of risk.
Recently, Zacks.com users have been paying close attention to 3M (MMM). This makes it worthwhile to examine what the stock has in store.
The Dow Jones Industrial Average (^DJI) may only contain 30 stocks, but it's still one of the most watched U.S. stock indices. The Dow is full of mature, profitable companies, which means it's a nice place to look for good deals when the stock market comes under pressure. Two Dow stocks that look like bargains right now are 3M (NYSE: MMM) and International Business Machines (NYSE: IBM).
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
The tools maker or the industrial giant? Both stocks now offer hefty dividend yields, but which is the better buy?
Last week, beleaguered industrial conglomerate 3M (NYSE: MMM) dismissed recently installed Group President and Chief Business and Country Officer Michael Vale due to "inappropriate personal conduct and violation of company policy." Vale was arguably the second-most-important executive at the company, but does his departure significantly impact the investment case for the company? Who is Michael Vale?
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
3M (MMM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.