New York sues 3M, DuPont
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MMM faces ongoing Consumer segment pressure from weak discretionary spending and housing demand, but cost optimization and a diversified portfolio may support growth.
3M CEO Michael Roman will be appointed executive chairman, effective May 1; at the same time, former CEO of L3 Harris Technologies William Brown will replace Roman as CEO. 3M management has reaffirmed its positive financial outlook. It anticipates bringing ...
3M stock (NYSE: MMM) currently trades around $128 per share, roughly 15% below its pre-inflation shock highs of $150 seen in June 2021. This performance aligns with that of its peer – Honeywell stock – also down 15% over this period. 3M’s sales ...
The Command strip is one of those quintessential 3M products. Released in 1996, it was simple yet revolutionary, strong enough to hold items without stripping paint when removed. Soon it was fastening framed photos, bathroom towels and outdoor decorations ...
The story of 3M's comeback is one centered on impressive financial and operational execution. The company reported second-quarter adjusted earnings per share (EPS) of $1.93, coming in well ahead of the average Wall Street estimate and up 39% from the $1.39 ...
Facing thousands of lawsuits from U.S. service members who said 3M earplugs failed to protect their hearing, the manufacturing giant announced it is committing $1 billion to a trust to resolve the suits — and that Aearo Technologies, the 3M unit that ...
3M has agreed to pay almost $10 million to settle apparent violations of Iranian sanctions, the US Office of Foreign Assets Control said last week. The agency said 3M had 54 apparent violations of OFAC sanctions on Iran. It said between 2016 and 2018, a 3M ...
The money was set aside for enhancing water resources, wildlife habitat and outdoor recreational opportunities in the east metro. Eight years after the settlement with 3M was announced, that funding is finally ready to be distributed.