28 08, 2023

3M Jumps 5% After Settling For Half of Expected $10 Billion Payout: 3 Things Investors Need to Know

By |2023-12-07T19:53:35+00:00August 28th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Shares of 3M (MMM) started the week strong with a 5% gain upon news that the company has settled a legal battle with the US Military.  The industrial manufacturing company will pay out $5.5 billion for defective combat earplugs. The case in its entirety represents more than 300,000 separate suits. While 3M claimed the [...]

24 01, 2023

Here’s What the 3M Earnings Miss & Layoffs Mean for Investors (or Potential Investors)…

By |2023-12-07T21:03:43+00:00January 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , |

Manufacturing giant 3M (MMM) delivered a lackluster performance in the most recent quarter. The company missed expectations for profits - but the real concern is the outlook for the year ahead. In this quarter last year, 3M recorded a net income of $1.34 billion - or $2.31 a share. This year, the figure was [...]

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