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3M Co (MMM.N)

MMM.N on New York Stock Exchange

208.86USD
15 Feb 2019
Change (% chg)

$3.93 (+1.92%)
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Volume
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$244.86
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Latest Key Developments (Source: Significant Developments)

3M Co Says Board Will Nominate CEO Mike Roman To Serve As Chairman Of Board
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - 3M Co ::3M LEADERSHIP ANNOUNCEMENT.3M CO - 3M ANNOUNCED TODAY THAT ITS BOARD OF DIRECTORS WILL NOMINATE CEO MIKE ROMAN TO SERVE AS CHAIRMAN OF BOARD.3M CO - BOARD WILL NOMINATE CEO MIKE ROMAN TO SERVE AS CHAIRMAN OF BOARD.3M CO - INGE THULIN, 3M'S CURRENT EXECUTIVE CHAIRMAN, HAS ANNOUNCED HIS INTENTION NOT TO STAND FOR REELECTION AND TO RETIRE ON JUNE 1, 2019.3M CO - AT ANNUAL MEETING IN MAY, 3M BOARD OF DIRECTORS WILL CONSIST OF 12 MEMBERS, 11 OF WHOM WILL BE INDEPENDENT DIRECTORS.  Full Article

3M Board Increases Dividend 6 Percent
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - 3M Co ::3M BOARD INCREASES DIVIDEND 6 PERCENT.INCREASES QUARTERLY DIVIDEND BY 6 PERCENT TO $1.44PER SHARE.  Full Article

3M And Elo Touch Solutions Settle Patent Infringement Action
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - 3M Co ::3M AND ELO TOUCH SOLUTIONS SETTLE PATENT INFRINGEMENT ACTION.3M CO - TERMS OF SETTLEMENT WERE NOT DISCLOSED..3M CO - SUIT ALLEGED THAT CERTAIN ELO TOUCH PCAP TOUCH PRODUCTS INFRINGED 3M'S PATENTS RELATING TO METAL MESH CONDUCTOR FILMS.  Full Article

3M And Miraenanotech Complete Patent License Agreement For Metal Mesh Technology
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - 3M Co ::3M AND MIRAENANOTECH COMPLETE PATENT LICENSE AGREEMENT FOR METAL MESH TECHNOLOGY.3M CO - AS PART OF AGREEMENT, MNTECH WILL TAKE A ROYALTY-BEARING PATENT LICENSE FROM 3M.  Full Article

3M reports fourth-quarter 2018 results
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - 3M Co ::3M REPORTS FOURTH-QUARTER 2018 RESULTS.SEES FY 2019 EARNINGS PER SHARE $10.45 TO $10.90.Q4 ADJUSTED EARNINGS PER SHARE $2.31 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $2.27.Q4 SALES $7.9 BILLION VERSUS REFINITIV IBES ESTIMATE OF $7.86 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $2.28 -- REFINITIV IBES DATA.QTRLY INDUSTRIAL SALES OF $3.0 BILLION, DOWN 0.3 PERCENT IN U.S. DOLLARS.QTRLY ORGANIC LOCAL-CURRENCY SALES INCREASED 3.0 PERCENT.QTRLY FOREIGN CURRENCY TRANSLATION DECREASED SALES BY 2.3 PERCENT YEAR-ON-YEAR."POSITIONED FOR A SUCCESSFUL 2019".EXPANDED ITS FULL-YEAR ORGANIC LOCAL-CURRENCY GROWTH EXPECTATION TO A RANGE OF 1 TO 4 PERCENT.MAINTAINED ITS FULL-YEAR EXPECTATIONS FOR FREE CASH FLOW CONVERSION OF 95 TO 105 PERCENT.FULL-YEAR EXPECTATIONS FOR RETURN ON INVESTED CAPITAL OF 22 TO 25 PERCENT.FY2019 EARNINGS PER SHARE VIEW $10.74 -- REFINITIV IBES DATA.  Full Article

3M To Acquire M*Modal's Technology Business
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - 3M Co ::3M TO ACQUIRE M*MODAL’S TECHNOLOGY BUSINESS.3M CO - DEAL FOR ENTERPRISE VALUE OF $1.0 BILLION.3M CO - APPROXIMATELY 750 EMPLOYEES SUPPORTING TECHNOLOGY BUSINESS OF M*MODAL ARE EXPECTED TO JOIN 3M.3M CO - ON A GAAP REPORTED BASIS, 3M ESTIMATES ACQUISITION TO BE $0.10 DILUTIVE TO EARNINGS IN FIRST 12 MONTHS FOLLOWING COMPLETION.3M CO - WILL MAINTAIN A STRATEGIC BUSINESS RELATIONSHIP WITH M*MODAL'S REMAINING TRANSCRIPTION, SCRIBING AND CODING SERVICES BUSINESS.3M CO - APPROXIMATELY 750 EMPLOYEES SUPPORTING TECHNOLOGY BUSINESS OF M*MODAL ARE EXPECTED TO JOIN 3M UPON COMPLETION OF TRANSACTION.3M CO - ON A GAAP REPORTED BASIS, 3M ESTIMATES ACQUISITION TO BE $0.10 DILUTIVE TO EARNINGS IN FIRST 12 MONTHS.3M CO - EXCLUDING CERTAIN ITEMS, 3M ESTIMATES ACQUISITION TO BE NEUTRAL TO EARNINGS IN FIRST 12 MONTHS FOLLOWING COMPLETION.  Full Article

3M Co Reports Q3 Sales of $8.2 Billion
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - 3M Co ::3M REPORTS THIRD-QUARTER 2018 RESULTS.Q3 GAAP EARNINGS PER SHARE $2.58.Q3 SALES $8.2 BILLION VERSUS I/B/E/S VIEW $8.39 BILLION.Q3 EARNINGS PER SHARE VIEW $2.70 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 GAAP EARNINGS PER SHARE $8.78 TO $8.93.QTRLY INDUSTRIAL SALES WERE $3.0 BILLION, FLAT IN U.S. DOLLARS..QTRLY ORGANIC LOCAL-CURRENCY SALES UP 1.3 PERCENT.SAYS ALSO UPDATED ITS FULL-YEAR ORGANIC LOCAL-CURRENCY SALES GROWTH GUIDANCE TO APPROXIMATELY 3 PERCENT FROM 3 TO 4 PERCENT.QTRLY FOREIGN CURRENCY TRANSLATION DECREASED SALES BY 1.7 PERCENT YEAR-ON-YEAR.NOW EXPECTS ITS ADJUSTED 2018 EARNINGS TO BE IN RANGE OF $9.90 TO $10.00 PER SHARE.SEES FULL-YEAR FREE CASH FLOW CONVERSION OF 90 TO 95 PERCENT.UPDATE TO EARNINGS EXPECTATIONS RANGES REFLECTS ESTIMATED FY EARNINGS HEADWIND OF $0.05 PER SHARE FROM FOREIGN CURRENCY.  Full Article

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

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