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3M Co (MMM.N)

MMM.N on New York Stock Exchange

203.15USD
16 Aug 2018
Change (% chg)

$1.76 (+0.87%)
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Volume
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Latest Key Developments (Source: Significant Developments)

3M says undertook restructuring actions in Q2 that affected about 900 jobs
Thursday, 26 Jul 2018 

July 26 (Reuters) - 3M Co ::3M CO SAYS DURING Q2, UNDERTOOK CERTAIN RESTRUCTURING ACTIONS WHICH AFFECTED ABOUT 900 POSITIONS WORLDWIDE - SEC FILING.  Full Article

3M Q2 GAAP Earnings Per Share $3.07
Tuesday, 24 Jul 2018 

July 24 (Reuters) - 3M Co ::3M REPORTS SECOND-QUARTER 2018 RESULTS.Q2 GAAP EARNINGS PER SHARE $3.07.Q2 SALES $8.4 BILLION VERSUS I/B/E/S VIEW $8.37 BILLION.Q2 EARNINGS PER SHARE VIEW $2.58 -- THOMSON REUTERS I/B/E/S.Q2 2018 EARNINGS INCLUDES A $0.48 PER SHARE BENEFIT FROM DIVESTITURE GAIN, NET OF RELATED RESTRUCTURING ACTIONS.UPDATED 2018 EARNINGS GUIDANCE TO REFLECT FULL-YEAR IMPACT FROM RECENTLY COMPLETED DIVESTITURE OF COMMUNICATION MARKETS BUSINESS.NOW EXPECTS ITS 2018 GAAP EARNINGS TO BE IN RANGE OF $9.08 TO $9.38 PER SHARE.3M NOW EXPECTS ITS ADJUSTED 2018 EARNINGS TO BE IN RANGE OF $10.20 TO $10.45 PER SHARE VERSUS PRIOR EXPECTATION OF $10.20 TO $10.55.QTRLY ORGANIC LOCAL-CURRENCY SALES UP 5.6 PERCENT.MAINTAINED ITS FULL-YEAR ORGANIC LOCAL-CURRENCY SALES GROWTH GUIDANCE OF 3 TO 4 PERCENT.MAINTAINED ITS FULL-YEAR GUIDANCE FOR FREE CASH FLOW CONVERSION OF 90 TO 100 PERCENT.FOREIGN CURRENCY TRANSLATION INCREASED SALES IN QUARTER BY 1.0 PERCENT YEAR-ON-YEAR.QTRLY INDUSTRIAL SALES WERE $3.1 BILLION, UP 6.8 PERCENT IN U.S. DOLLARS.FY2018 EARNINGS PER SHARE VIEW $10.34 -- THOMSON REUTERS I/B/E/S.Q2 RESULTS REFLECTED $389 MILLION PRE-TAX IMPACT OF A DIVESTITURE GAIN & RESTRUCTURING ACTIONS.  Full Article

USDA Food Safety And Inspection Service Chooses 3M For E. Coli, Salmonella And Listeria Testing
Monday, 9 Jul 2018 

July 9 (Reuters) - 3M Co ::USDA FOOD SAFETY AND INSPECTION SERVICE CHOOSES 3M FOR E. COLI, SALMONELLA AND LISTERIA TESTING.3M FOOD SAFETY - AWARDED CONTRACT FROM USDA FSIS FOR PATHOGEN DETECTION INSTRUMENTS AND KITS.  Full Article

New York sues 3M, others over firefighting foam
Wednesday, 20 Jun 2018 

June 20 (Reuters) - New york sues 3m , five other companies over their alleged use of hazardous firefighting foam -- statement by governor cuomo, attorney general underwood:.  Full Article

3M Says Board Determined CEO Michael Roman's Annual Base Salary To Be $1.2 Mln
Thursday, 24 May 2018 

May 24 (Reuters) - 3M Co ::3M CO SAYS IN CONNECTION WITH MICHAEL ROMAN'S APPOINTMENT AS CEO, BOARD DETERMINED ROMAN'S ANNUAL BASE SALARY TO BE $1.2 MILLION - SEC FILING.  Full Article

3M Announces New Leadership Appointment
Wednesday, 9 May 2018 

May 9 (Reuters) - 3M Co ::3M ANNOUNCES NEW LEADERSHIP APPOINTMENT.3M - MOJDEH POUL IS APPOINTED EXECUTIVE VICE PRESIDENT, SAFETY AND GRAPHICS BUSINESS GROUP, EFFECTIVE JULY 1.3M CO - POUL WILL REPLACE FRANK LITTLE, WHO HAS ANNOUNCED HIS INTENTION TO RETIRE, EFFECTIVE JULY 1, 2018.  Full Article

3M Board Declares Quarterly Dividend
Tuesday, 8 May 2018 

May 8 (Reuters) - 3M Co ::3M BOARD DECLARES QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $1.36 PER SHARE.  Full Article

3M Expects Share Repurchases In Range Of $3.0 Bln To $5.0 Bln for 2018
Tuesday, 8 May 2018 

May 8 (Reuters) - 3M Co ::3M CO SAYS EXPECTS FY 2018 GROSS SHARE REPURCHASES WILL BE IN THE RANGE OF $3.0 BILLION TO $5.0 BILLION - SEC FILING.  Full Article

C3 IoT Announces Multi Year Agreement With 3M
Wednesday, 4 Apr 2018 

April 4 (Reuters) - C3 IoT::C3 IOT ANNOUNCED MULTI-YEAR AGREEMENT WITH 3M TO PROVIDE C3 IOT AI AND IOT SOFTWARE PLATFORM TO SUPPORT 3M'S DIGITAL TRANSFORMATION.  Full Article

Radius Health Entered Scale-Up And Commercial Supply Agreement With 3M
Friday, 2 Mar 2018 

March 2 (Reuters) - 3M Co ::RADIUS HEALTH SAYS ON FEB 27, ENTERED INTO SCALE-UP AND COMMERCIAL SUPPLY AGREEMENT WITH 3M CO AND 3M INNOVATIVE PROPERTIES CO - SEC FILING.RADIUS HEALTH - PER SUPPLY AGREEMENT, 3M TO MANUFACTURE PHASE 3 & GLOBAL COMMERCIAL SUPPLIES OF AN ABALOPARATIDE-COATED TRANSDERMAL PATCH PRODUCT FOR CO.RADIUS HEALTH INC SAYS CO AND 3M PREVIOUSLY ENTERED INTO A DEVELOPMENT AND CLINICAL SUPPLIES AGREEMENT DATED JUNE 19, 2009.RADIUS HEALTH - ON FEB 27, CO ENTERED INTO SIXTH AMENDMENT TO JUNE 2009 DEVELOPMENT AGREEMENT TO EXTEND INITIAL TERM OF AGREEMENT UNTIL JUNE 19, 2019.  Full Article

UPDATE 1-3M to pay $9.1 mln over defective military ear plugs

WASHINGTON, July 26 The 3M Co. has agreed to pay $9.1 million to settle allegations it knowingly sold defective combat ear plugs to the U.S. military without disclosing defects that limited the effectiveness of the hearing protection devices, the U.S. Justice Department said on Thursday.