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3M Co (MMM)

MMM on New York Consolidated

180.44USD
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

3M Co declares quarterly dividend
Tuesday, 12 May 2015 04:58pm EDT 

3M Co:Declares a dividend on the company's common stock of $1.025 per share for the second quarter of 2015.Payable June 12 to shareholders of record at the close of business on May 22.  Full Article

3M Co gives FY 2015 EPS guidance
Thursday, 23 Apr 2015 07:30am EDT 

3M Co:Says that for FY 2015 it expects earnings to be in the range of $7.80 to $8.10 per share versus $8.00 to $8.30 per share previously.  Full Article

3M Co files patent infringement lawsuit against Danville Materials Inc
Wednesday, 25 Mar 2015 04:36pm EDT 

3M Co and 3M Innovative Properties Co:Files patent infringement lawsuit in federal district court in Minnesota against Danville Materials Inc.Says suit alleges that Danville's sales of ZNano(TM)universal nanocomposite materials infringe 3M's patent rights directed to nanofiller technology used in 3M(TM)ESPE(TM)Filtek(TM) supreme universal restoratives.  Full Article

3M completes acquisition of Ivera Medical Corp.
Friday, 13 Mar 2015 12:50pm EDT 

3M Co:Has completed its acquisition of Ivera Medical Corp., a manufacturer of health care products that disinfect and protect devices used for access into a patient's bloodstream.The business is now a wholly owned subsidiary of 3M and a part of its Critical & Chronic Care Solutions Division.  Full Article

3M Co files patent infringement lawsuit in Germany to protect dental ceramic coloring technology
Friday, 6 Mar 2015 06:51pm EST 

3M Co:Says that as part of its ongoing program to license to dental industry 3M's patented technology that enables coloring of ceramic-based dental restorations, and to protect its technology against unlicensed users, 3M has filed a patent infringement lawsuit in Düsseldorf, Germany.Lawsuit is filed against Dental Direkt GmbH located in Spenge, Germany.Lawsuit alleges infringement of 3M's patent rights by Dental Direkt`s zirconia CAD/CAM blocks sold under brand "DD Bio Z" and "DD Bio ZX2 translucent" and coloring liquids sold under the brands "DD Bio Z color classic" and "DD Bio ZX2 monolith Zero.".  Full Article

3M Co to acquirePolypore International Inc's Separations Media business
Monday, 23 Feb 2015 04:36am EST 

3M Co:Enters into definitive agreement with Polypore International Inc. to acquire assets and liabilities associated with Polypore's Separations Media business for total purchase price of $1.0 billion.Polypore's Separations Media business is a provider of microporous membranes and modules for filtration in life sciences, industrial and specialty segments with trailing 12-month sales of $210 million as of Sept. 27, 2014.Separately, Asahi Kasei has announced that it has entered into a definitive merger agreement to acquire Polypore's Energy Storage business.In addition, both transactions are conditioned on 3M's transaction with Polypore closing immediately prior to closing of Asahi Kasei's transaction with Polypore.  Full Article

3M Co to acquire Ivera Medical Corp
Thursday, 19 Feb 2015 10:00am EST 

3M Co:Has entered into definitive agreement to acquire Ivera Medical Corp.  Full Article

3M Company declares dividend and share repurchase
Wednesday, 18 Feb 2015 02:00am EST 

3M Company:Declared a first-quarter 2015 dividend of $1.025 per share (payable in March).Says In Feb. 2014, the company authorized the repurchase of up to $12 billion of the outstanding common stock, which replaced the company's Feb. 2013 repurchase program.Says this new program has no pre-established end date.Says in 2014, the company purchased $5.652 billion of stock, and in 2013 the Company purchased $5.212 billion of stock, up significantly from $2.204 billion in 2012.Says the company expects to purchase $3 billion to $5 billion of stock in 2015.  Full Article

3M Co reaffirms FY 2015 EPS guidance - Conference Call
Tuesday, 27 Jan 2015 09:00am EST 

3M Co:Says FY 2015 EPS guidance remains unchanged at $8 to $8.30.FY 2015 EPS of $8.20 - Thomson Reuters I/B/E/S.  Full Article

3M completes sale of Static Control Business to Desco Industries Inc
Friday, 2 Jan 2015 12:00pm EST 

3M Co:Completes the sale of its global Static Control business to Desco Industries Inc.Terms of the transaction were not disclosed.3M's Static Control business is a provider of products and solutions that help prevent, detect, and protect against electrostatic discharge.3M made the decision to exit the Static Control business as a result of a thorough strategic review.  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