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3M Co (MMM.N)

MMM.N on New York Stock Exchange

239.11USD
13 Dec 2017
Change (% chg)

$2.53 (+1.07%)
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Latest Key Developments (Source: Significant Developments)

3M Co Says Expects Annual Savings Of $500 Mln To $700 Mln By 2020
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - 3M Co ::3M CO SAYS EXPECTS $500 MILLION TO $700 MILLION ANNUAL SAVINGS, $500 MILLION WORKING CAPITAL IMPROVEMENT BY 2020‍​ - PRESENTATION.  Full Article

3M To Continue Its Strong Momentum In 2018
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - 3M Co ::3M TO CONTINUE ITS STRONG MOMENTUM IN 2018.- SEES FULL-YEAR 2018 GAAP EARNINGS PER SHARE OF $9.60 TO $10.00.SEES ‍TOTAL SALES GROWTH OF 5 TO 7 PERCENT; ORGANIC LOCAL-CURRENCY SALES GROWTH OF 3 TO 5 PERCENT FOR FULL-YEAR 2018​.SAYS IS TRACKING TO TOP HALF OF BOTH ITS FULL-YEAR 2017 ORGANIC GROWTH RANGE OF 4 TO 5 PERCENT AND EARNINGS PER SHARE RANGE OF $9.00 TO $9.10.FY2018 EARNINGS PER SHARE VIEW $9.63, REVENUE VIEW $33.16 BILLION -- THOMSON REUTERS I/B/E/S.FY2017 EARNINGS PER SHARE VIEW $9.07, REVENUE VIEW $31.49 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Corning To Acquire Substantially All Of 3M's Communication Markets Division
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Corning Inc ::CORNING TO ACQUIRE SUBSTANTIALLY ALL OF 3M'S COMMUNICATION MARKETS DIVISION.CORNING INC - ‍CORNING EXPECTS TRANSACTION TO ADD $0.07-$0.09 TO 2019 EPS​.  Full Article

3M To Sell Substantially All Of Its Communication Markets Division For $900 Mln
Monday, 11 Dec 2017 

Dec 11 (Reuters) - 3M Co ::3M TO SELL SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION.3M CO - DEAL FOR $900 MILLION.3M CO - ‍APPROXIMATELY 500 3M EMPLOYEES ARE EXPECTED TO JOIN CORNING UPON COMPLETION OF TRANSACTION​.3M CO - 3M EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM TRANSACTION, NET OF ACTIONS RELATED TO DIVESTITURE.3M CO SAYS HAS ENTERED INTO AGREEMENTS RELATED TO SALE OF SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION TO CORNING INCORPORATED.3M CO - EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM DEAL, NET OF ACTIONS RELATED TO DIVESTITURE​.  Full Article

3M board declares quarterly dividend
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - 3M Co :3M board declares quarterly dividend.Sets quarterly dividend of $1.175per share.  Full Article

3M anticipates Dept of Labor investigation will conclude in first half of 2018
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - 3M Co :3M Co anticipates that the U.S. Department of Labor will conclude its investigation, related to co's pension plan, in the first half of 2018 - SEC filing.3M - Investigation that began in 2015 relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.  Full Article

3M Q3 earnings per share $2.33
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - 3M Co ::3M delivers record third-quarter sales and earnings per share; company increases full-year 2017 outlook.Q3 gaap earnings per share $2.33.Q3 sales $8.2 billion versus I/B/E/S view $7.93 billion.Q3 earnings per share view $2.21 -- Thomson Reuters I/B/E/S.Sees FY 2017 gaap earnings per share $9.00 to $9.10.3M co - qtrly ‍organic local-currency sales increased 6.6 percent​.3M co - ‍ foreign currency translation increased sales by 0.6 percent​ in quarter.3M co qtrly industrial sales ‍ of $2.8 billion, up 6.2 percent in u.s. dollars​.3M co - ‍now forecasts 2017 organic local-currency sales growth of 4 to 5 percent​.Fy2017 earnings per share view $8.96 -- Thomson Reuters I/B/E/S.  Full Article

3M company announces pricing of its cash tender offers
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - 3m Co :3M company announces pricing of its cash tender offers.Says ‍pricing of its tender offers to purchase for cash up to $400 million 5.70 percent notes due 2037 and 6 ⅜ percent debentures due 2028​.Says ‍offers will expire on Oct. 19, 2017, unless extended or earlier terminated​.  Full Article

3M files lawsuit against Thunder Finish for patent, trademark infringement
Friday, 22 Sep 2017 

Sept 22 (Reuters) - 3M Co ::3M says filed lawsuit against China-based Thunder Finish alleging infringement of patent and trademark rights related to 3M's PPS.Suit alleges that Thunder Finish's marketing materials for the products infringe 3M's registered trademarks​."Suit alleges certain Thunder Finish after-market spray gun paint cup products infringe 3M patent rights directed to 3M PPS technology".  Full Article

3M sees 2016 revenue to be $30.2 billion
Tuesday, 13 Dec 2016 

3M Co : FY 2016 earnings per share view $8.17, revenue view $30.14 billion -- Thomson Reuters I/B/E/S . 2016 full-year earnings per share estimated to be at low-end of $8.15 to $8.20 range . Sees 2016 revenue to be $30.2 billion Further company coverage: [MMM.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-3M Co Says Expects Annual Savings Of $500 Mln To $700 Mln By 2020

* 3M CO SAYS EXPECTS $500 MILLION TO $700 MILLION ANNUAL SAVINGS, $500 MILLION WORKING CAPITAL IMPROVEMENT BY 2020‍​ - PRESENTATION Source text: (http://bit.ly/2BUzDmk) Further company coverage: