Industrial Conglomerates

3M Co reaffirms FY 2014 guidance

3M Co:Confirmed its FY 2014 full-year performance expectations.Continues to expect earnings of $7.30 to $7.55 per share and organic local-currency sales growth of 3 pct to 6 pct in FY 2014.Says Foreign currency impacts are expected to reduce sales by 1 pct for the year.Reported revenue of $30.87 bln...

7:32am EDT

Wartsila to sell its shares in QMD 2-stroke joint venture

Wartsila Oyj Abp:To divest its shares in QMD 2-stroke joint venture.Says shares in the joint venture will be transferred to the current majority shareholder, Qingdao Qiyao Linshan Power Development Co Ltd.Says value of the transaction is not significant.

5:40am EDT

Sime Darby Bhd proposed disposal of interest in Eastern & Oriental Bhd

Sime Darby Bhd:Says proposed disposal of 110,000,000 ordinary stocks of 1 Ringgit each in Eastern & Oriental Bhd to Morning Crest Sdn Bhd.Completion of proposed disposal, indirect interest held by SDB, through SDN, has reduced from 353,978,000 to 243,978,000 ordinary stock units of 1 Ringgit each in...

Tuesday, 22 Jul 2014 08:00pm EDT

E I du Pont de Nemours and Co reaffirms FY 2014 earnings outlook, gives H2, Q3 2014 earnings outlook

E I du Pont de Nemours and Co:Reaffirms outlook for FY 2014 operating earnings of $4.00-$4.10 per share, an increase of 3 to 6 pct from $3.88 per share earned in FY 2013.Based on expected growth in global industrial market demand, the company anticipates a strong H2 2014 with operating earnings per...

Tuesday, 22 Jul 2014 06:00am EDT

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