ST. PAUL, Minn., Jan. 15, 2024 /PRNewswire/ -- Since the Combat Arms Earplug settlement agreement was announced in August 2023, it has received strong and widespread support from claimants and the broader military community. This support has helped the parties and the courts reach the next milestone set forth in the agreement toward full implementation of the settlement. Specifically, all the remaining "wave" plaintiffs, whose claims were being prepared for trial prior to the settlement agreement, have now ...

3M (MMM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of Post-it notes, industrial coatings and ceramics have returned +1.8%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Diversified Operations industry, which 3M falls in, has lost 1.3%. The key question now is: What could be the stock's future direct ...

3M (MMM) ended the recent trading session at $108.30, demonstrating a -0.73% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 0.75%.The maker of Post-it notes, industrial coatings and ceramics's shares have seen an increase of 6.38% over the last month, surpassing the Conglomerates sector's gain of 0.1% and the S&P 500's gain of 3.4%.The in ...

ST. PAUL, Minn., Jan. 10, 2024 /PRNewswire/ -- 3M Health Care's Medical Solutions Division, the world leader in advanced wound care, was awarded $34.2 million from the U.S. Army Medical Research Acquisition Activity to develop a range of new solutions for infection prevention, wound management and wound healing. 3M will lead a program focused on treatment strategies that can be used in austere settings, especially those related to mass casualty and delayed evacuation situations -- a critical objective of th ...

ST. PAUL, Minn., Jan. 9, 2024 /PRNewswire/ -- 3M today announced the following investor event: Fourth-quarter 2023 earnings conference call on Tuesday, Jan. 23, 2024, at 8 a.m. CST. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. This event will be webcast live and a replay will be available on 3M's Investor Relations website at http://investors.3M.com. About 3M 3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlockin ...

Shares of 3M Co. MMM, +0.39% slipped 0.1% in premarket trading after the the consumer, industrial and health care-products company said it will freeze its U.S. pension plan for non-union employees, as of Dec. 31, 2028. The company said people who are currently receiving pension payments are not impacted by this freeze, which 3M said has been in the works for “many” years. “This is an important decision for 3M as it helps to set up both companies for future success. This was also a difficult decision becaus ...

3M (MMM) closed the most recent trading day at $108.17, moving +0.35% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.34%. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.56%.The maker of Post-it notes, industrial coatings and ceramics's shares have seen an increase of 4.86% over the last month, surpassing the Conglomerates sector's gain of 3.72% and the S&P 500's gain of 2.56%.The upcoming earnings rel ...

Shares in industrial conglomerate 3M (MMM -2.01%) rose by slightly more than 10% in December, according to data provided by S&P Global Market Intelligence. The move comes as the market priced in a better growth environment in 2024 due to anticipated interest rate cuts in 2024.A better growth environment for 3M?While there's no guarantee the Federal Reserve will reverse interest rate hikes this year, the market has merrily assumed it will, as 10-year Treasury yields fell from touching 5% in late October to s ...

Share prices of industrial giant 3M (MMM -2.01%) are down more than 50% from their 2018 highs. Numerous issues have led to this decline, but the really big ones involve legal issues. Where things go from here, meanwhile, will change dramatically in 2024 if the company's current plans play out as expected.Weak performance and so much more at 3MHistorically, 3M was regarded as a highly innovative industrial company with a long history of growth behind it. However, the company's growth hasn't been all that imp ...

cagkansayinWe previously covered 3M (NYSE:MMM) in October 2023, discussing the company's normalizing top-line from the hyper-pandemic growth and the uncertainty from the ongoing legal settlements. However, we had also believed that the stock had been oversold then, triggering its attractive investment thesis for opportunistic income oriented investors, since the worst might already be over, further aided by the raised FY2023 guidance. In this article, we shall discuss why the MMM stock valuations may be ...