3M Co (MMM) Key Developments | Reuters.com
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3M Co (MMM)

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28 Jun 2016
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Latest Key Developments (Source: Significant Developments)

3M recalls hard hats due to shock hazard
Thursday, 23 Jun 2016 10:38am EDT 

U.S. Consumer Product Safety Commission (CPSC): Recall involves 3M vented hard hats sold under 3M, 3M Tekk Protection and Aosafety brands . Recall involves about 7,500 units of 3M's hard hats .3M recalls hard hats due to shock hazard.  Full Article

3M wins patent infringement lawsuit against Dental Direkt
Thursday, 26 May 2016 09:34am EDT 

3M Co : Court decision is based on a German patent and on German portion of a European patent . Court has ordered an injunction and damages claim reaching back to december 2008 against Dental Direkt GMBH for infringement .3M wins patent infringement lawsuit against Dental Direkt.  Full Article

3M sets quarterly dividend of $1.11/share
Tuesday, 10 May 2016 04:47pm EDT 

3m Co : Sets quarterly dividend of $1.11 per share .3M board declares quarterly dividend.  Full Article

3M Co increases dividend 8 percent; authorizes $10 billion share repurchase program
Tuesday, 2 Feb 2016 04:15pm EST 

3M Co:Declared a dividend on the company's common stock of $1.11 per share for the first quarter of 2016, an 8 percent increase over the quarterly dividend paid in 2015.Payable March 12 to shareholders of record at the close of business on Feb. 12.Board also authorized the repurchase of up to $10 billion of 3M's outstanding common stock, replacing the company's existing repurchase program.  Full Article

3M Co reaffirms FY 2016 guidance
Tuesday, 26 Jan 2016 07:30am EST 

3M Co:Reaffirms FY 2016 guidance.Expects FY 2016 earnings to be in the range of $8.10 to $8.45 per share.Expects FY 2016 organic local-currency sales growth of 1 to 3 percent.  Full Article

3M to sell Pressurized Polyurethane Foam Adhesives Business
Wednesday, 20 Jan 2016 09:00am EST 

3M Co:Announced that it has entered into an agreement to sell to Innovative Chemical Products Group (ICP Group), which is part of 3M's Industrial Adhesives and Tapes Division.Terms of the transaction were not disclosed.  Full Article

3M Company and Zirkonzahn Settle Patent Infringement Action
Tuesday, 5 Jan 2016 12:07pm EST 

3M Company and Zirkonzahn SRL and Zirkonzahn Deutschland GmbH:Says have amicably settled a patent infringement lawsuit brought by 3M under 3M's European Patent No. 1,154,969 B2 against Zirkonzahn before the district court of Düsseldorf, Germany.  Full Article

3M Co files patent infringement lawsuit against XPEL Technologies Corporation
Wednesday, 30 Dec 2015 09:16am EST 

3M Co:Says filed a patent infringement lawsuit in federal district court in Minnesota on Dec. 29, 2015, against XPEL Technologies Corporation.Suit alleges that XPEL Technologies Corporation's XPF paint protection film product infringes 3M's U.S. Patent No. 8,765,263.  Full Article

3M Co - Chinese customs officers seize 120,000 fake face masks - media - Reuters
Wednesday, 9 Dec 2015 07:44am EST 

3M Co:Customs officers in China's commercial capital, Shanghai, have discovered 120,000 fake respiratory masks, supposedly made by U.S. diversified manufacturer 3M Co, state media said on Wednesday - RTRS.News of the seizure came as air pollution has engulfed the capital, Beijing, with authorities declaring a "red alert" there because of dangerously high levels of smog - RTRS.Many people in China wear face masks in the hope of preventing the breathing of pollution and airborne viruses, or to stop themselves spreading colds and coughs to others - RTRS.The fake masks were discovered in two batches during inspections at a Shanghai customs site, the state-run China News Service said, adding that many people had been detained in the course of a broader investigation into fake masks - RTRS.Officials at China's 3M office were not available for comment - RTRS.  Full Article

3M Completes Sale of Faab Fabricauto
Tuesday, 1 Dec 2015 08:00am EST 

3M:Says 3M France has completed sale of Faab Fabricauto business to Hills Numberplates.Faab Fabricauto, a French manufacturer of license plates and signage solutions, was a wholly-owned subsidiary of 3M and part of 3M's Traffic Safety and Security Division.  Full Article

BRIEF-3M wins patent infringement lawsuit against Dental Direkt

* Court decision is based on a German patent and on German portion of a European patent