|Day's range||48.76 - 58.15|
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.
Dividend Kings have excellent track records for dividend growth, and are often seen as some of the safest income investments to own. Two dividend growth stocks that may look tempting and that investors may want to take a closer look at today are AbbVie (NYSE: ABBV) and 3M (NYSE: MMM). Healthcare company AbbVie pays a dividend yield of 4.1%, which is more than double the S&P 500 average of 1.7%.
A federal judge has ordered 3M Co CEO Michael Roman to attend mediation aimed at resolving nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing loss, saying the negotiations have reached a "critical juncture." U.S. District Judge Casey Rodgers, in whose Florida court the lawsuits have been consolidated, on Friday ordered Roman to attend mediation talks in Pensacola on May 25 and 26, so that he may "listen and engage directly with the mediators." The mediation so far has been "encouraging," but it requires 3M senior leadership to push ahead, Rodgers said in her order.
Investing in dividend stocks like Verizon and 3M can be an excellent way to generate passive income.
Key Insights Given the large stake in the stock by institutions, 3M's stock price might be vulnerable to their trading...
Value stocks have outperformed growth since the start of 2022, and that trend might continue if a recession is on its way. PepsiCo (NASDAQ: PEP) is a global powerhouse in the beverage and snack markets. Pepsi might have a reputation for playing second fiddle to its rival Coca-Cola, but PepsiCo is a larger operation than just its namesake brand.
If you are looking for a high-yield industrial Dividend King, Leggett & Platt comes with less baggage than better-known 3M.