Edition:
United Kingdom

3M Co (MMM.N)

MMM.N on New York Stock Exchange

231.58USD
22 Nov 2017
Change (% chg)

$-2.51 (-1.07%)
Prev Close
$234.09
Open
$232.44
Day's High
$233.83
Day's Low
$231.41
Volume
357,296
Avg. Vol
564,489
52-wk High
$238.90
52-wk Low
$171.10

Latest Key Developments (Source: Significant Developments)

3M board declares quarterly dividend
Tuesday, 14 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
Tuesday, 31 Oct 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

3M subsidiary wins contracts for 2 U.S. army soldier protection programs
Tuesday, 1 Nov 2016 

3m Co : 3M Co - contract awarded to Ceradyne is valued at over $7 million for delivery of more than 5,300 IHPS helmet systems . 3M Co - production is expected to start in 2017 .3M subsidiary wins contracts for two U.S. Army soldier protection programs.  Full Article

3M Co says seeing indications of positive movement in U.S. industrial market - Conf call
Tuesday, 25 Oct 2016 

3M Co : Says sees 2016 gross share repurchases of $3.5 billion-$4.5 billion, down from $4 billion-$6 billion previously . Says co is in a good position to bolster growth with or without acquisitions . Says expects "external growth market" to continue moving sideways in 2017 . Says expects industrial and electronics and energy businesses to have improved growth rates in 2017, compared with 2016 . Says sees pension to be $150 million headwind for 3M for 2017 . 3M CEO Inge Thulin says "We have to wait out for the geopolitical situation to be settled in EMEA region before we start to see some big growth coming back there" . 3M CEO Inge Thulin says pleased with growth in West Europe in Q3 . 3M CEO Inge Thulin says seeing indications of positive movement in the U.S. industrial market relative to manufacturing Further company coverage: [MMM.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

3M reports Q3 earnings per share $2.15
Tuesday, 25 Oct 2016 

3M Co : 3M delivers third-quarter sales of $7.7 billion and earnings of $2.15 per share . Q3 earnings per share $2.15 . Q3 earnings per share view $2.14 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $8.15 to $8.20 . Q3 sales $7.7 billion versus I/B/E/S view $7.71 billion . 3M co says Q3 organic local-currency sales decreased 0.8 percent while acquisitions, net of divestitures, added 0.3 percent to sales . Says for full-year 2016, 3M updated its forecast for earnings per share to be in range of $8.15 to $8.20 versus a prior range of $8.15 to $8.30 . Says for full year now expects organic local-currency sales growth to be approximately flat versus a previous range of 0 to 1 percent . Says also updated its tax rate for FY to be approximately 29 percent versus a prior range of 29.0 to 29.5 percent . Says continues to expect free cash flow conversion in range of 95 to 105 percent for fy . FY2016 earnings per share view $8.22, revenue view $30.16 billion -- Thomson Reuters I/B/E/S . Says for industrial, Q3 sales of $2.6 billion, up 1.0 percent in U.S. dollars . Says for the quarter, foreign currency translation increased sales by 0.5 percent year-on-year .Qtrly industrial sales of $2.6 billion, up 1.0 percent in u.s. Dollars.  Full Article

3M Co sets quarterly dividend of $1.11 per share
Tuesday, 9 Aug 2016 

3M Co : 3M board declares quarterly dividend; company marks 100 consecutive years of dividends paid .Sets quarterly dividend of $1.11per share.  Full Article

BRIEF-3M board declares quarterly dividend

* Sets quarterly dividend of $1.175per share Source text for Eikon: Further company coverage: