|Bid||165.85 x 1000|
|Ask||166.17 x 800|
|Day's Range||165.32 - 167.42|
|52 Week Range||164.59 - 219.75|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||17.55|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||5.76 (3.04%)|
|1y Target Est||188.00|
3M Open officials announced today that the Science Museum of Minnesota and National Park Foundation will receive donations from the 3M Open Fund. The support will help the Science Museum of Minnesota fulfill its mission of science, education, and equity. The grant to the National Park Foundation will support a variety of national park programs for kids across the state of Minnesota, inspiring the next generation of outdoor stewards.
U.S. stocks were set to open modestly higher on Friday after a sell-off, on cautious optimism after President Donald Trump predicted a swift end to the tariff war with China and a resolution to complaints against Huawei Technologies Co Ltd. Trump said on Thursday that Huawei could be included in the U.S.-China trade deal. Trump will meet his Chinese counterpart Xi Jinping at the G20 meeting next month in Japan.
Investing.com - Autodesk (NASDAQ:ADSK) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
NEW YORK, May 21, 2019 -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against 3M Company ("3M" or the.
From Volkswagen to Spotify to Iberdrola, Europe's biggest firms are urging people to vote in key European Parliament elections this weekend amid concerns that an anti-EU outcome could disrupt their business and hurt their bottom line. The unusual step of mixing politics with business is also echoed by some U.S companies, and a senior Microsoft executive in Germany has encouraged staff to go to the polls.
Huawei-related issues have wrested control of the trade war debate, after the networking giant’s placement on a blacklist by the U.S. Government escalated what was already a tense situation for worldwide indexes -- and tech/chip equipment-makers specifically. Intel Corp., Qualcomm Inc., Xilinx Inc. and Broadcom Inc. and just within the last few hours NXP Semiconductors and Alphabet have all announced they are complying with the Huawei ban, noting they will not be supplying the Chinese firm with hardware or software. Bloomberg Intelligence analysts Woo Jin Ho and John Butler wrote last week that Ericsson, Nokia and Cisco may aim to fill the $5 billion sales opportunity that would be left with Huawei’s absence in some markets.
Shares of 3M have been hit hard since the company's disappointing first-quarter earnings report.
J.P. Morgan analyst Stephen Tusa said in a note that 3M's "premium valuation is unjustified by undifferentiated fundamentals," with growth excluding mergers and acquisitions likely decelerating and benefits to margins fading. 3M's quarterly dividend is "on watch for a cut, after 37 straight years of increase," Tusa said. J.P. Morgan pointed to 3M's growing list of liabilities as another risk to the company's earnings-per-share growth.
Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. The Dow inched up, while the Nasdaq lost ground and the bellwether S&P 500 was nominally lower, hovering more than 2% below its record high reached on April 30.
U.S. stocks struggled for direction after three days of gains on Friday, as investors weighed mixed headlines on trade, with China's aggressive stance in its trade war with the United States remaining an overhang. After opening down 0.75%, the S&P 500 erased some losses after media reports that the United States was close to a deal to remove tariffs on steel and aluminum imports from Canada and Mexico. The original tariffs were on steel and aluminum and that is what started this whole trade war," said Art Hogan, chief market strategist at National Securities in New York.
The S&P 500 was trading flat but was off session lows on Friday as investors tracked trade headlines after China took a hard stance on its tariff war with the United States. After falling as much as 0.76% earlier in the session, the S&P 500 erased some losses, with traders pointing to media reports that the United States was close to a deal to remove tariffs on steel and aluminum imports from Canada and Mexico.
Investing.com - U.S. stocks closed lower on reports U.S.-China trade talks had stalled, with both sides upping the ante in recent days.
U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. The trade war will only make China stronger and will never bring the country to its knees, the ruling Communist Party's People's Daily wrote in a front-page commentary. The two sides are expected to meet in China to resume talks soon.
Glancy Prongay & Murray LLP (“GPM”) announces the continuation of its investigation on behalf of 3M Company (“3M” or the “Company”) (NYSE: MMM) investors concerning the Company and its officers’ possible violations of federal securities laws. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to email@example.com, or visit our website at www.glancylaw.com. On April 25, 2019, 3M disclosed its first quarter 2019 financial and operating results, which fell considerably short of market expectations, and lowered its full-year earnings guidance to a range of $9.25 to $9.75 per share, compared to its prior outlook of $10.45 to $10.90 per share.
Nobel Laureates will meet in Madrid with experts and other curious minds to discuss the challenges related to getting older at the Nobel Prize Dialogue on May 22, 2019. Other panels will consider how education needs to change in an ageing society and the rights of older people and health-related aspects of living longer. “3M’s support of this important event represents our commitment to advancing scientific research and education on the future of ageing,” said Kourosh Motalebi, 3M Corporate Affairs, leading 3M–Nobel Strategic Relationship.
Law Offices of Howard G. Smith announces the continuation of its investigation on behalf of 3M Company investors concerning the Company and its officers’ possible violations of federal securities laws.
The 3M Board of Directors today declared a dividend on the company’s common stock of $1.44 per share for the second quarter of 2019. The dividend is payable Jun. 12, 2019, to shareholders of record at the close of business on May 24, 2019.
Today Executive Chairman Inge G. Thulin addressed shareholders for the last time highlighting 3M’s 2018 performance at the Annual Meeting of Shareholders in Indianapolis, Ind. CEO Mike Roman takes over the role of chairman of the board effective today. Thulin retires on Jun. 1, 2019, as previously announced. 3M’s 2018 results were marked by organic growth of more than three percent with growth across all business groups and geographies.
3M (MMM) might suffer from weakness in Safety & Industrial, and Transportation & Electronics segments as well as high costs, rise in tax rate and forex woes.