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3M Co (MMM)

MMM on New York Consolidated

238.72USD
11 Dec 2017
Change (% chg)

$0.59 (+0.25%)
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Latest Key Developments (Source: Significant Developments)

Corning To Acquire Substantially All Of 3M's Communication Markets Division
8:50am EST 

Dec 11 (Reuters) - Corning Inc ::CORNING TO ACQUIRE SUBSTANTIALLY ALL OF 3M'S COMMUNICATION MARKETS DIVISION.CORNING INC - ‍CORNING EXPECTS TRANSACTION TO ADD $0.07-$0.09 TO 2019 EPS​.  Full Article

3M To Sell Substantially All Of Its Communication Markets Division For $900 Mln
8:50am EST 

Dec 11 (Reuters) - 3M Co ::3M TO SELL SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION.3M CO - DEAL FOR $900 MILLION.3M CO - ‍APPROXIMATELY 500 3M EMPLOYEES ARE EXPECTED TO JOIN CORNING UPON COMPLETION OF TRANSACTION​.3M CO - 3M EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM TRANSACTION, NET OF ACTIONS RELATED TO DIVESTITURE.3M CO SAYS HAS ENTERED INTO AGREEMENTS RELATED TO SALE OF SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION TO CORNING INCORPORATED.3M CO - EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM DEAL, NET OF ACTIONS RELATED TO DIVESTITURE​.  Full Article

3M board declares quarterly dividend
Tuesday, 14 Nov 2017 04:32pm EST 

Nov 14 (Reuters) - 3M Co :3M board declares quarterly dividend.Sets quarterly dividend of $1.175per share.  Full Article

3M anticipates Dept of Labor investigation will conclude in first half of 2018
Tuesday, 31 Oct 2017 03:50pm EDT 

Oct 31 (Reuters) - 3M Co :3M Co anticipates that the U.S. Department of Labor will conclude its investigation, related to co's pension plan, in the first half of 2018 - SEC filing.3M - Investigation that began in 2015 relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.  Full Article

3M Q3 earnings per share $2.33
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - 3M Co ::3M delivers record third-quarter sales and earnings per share; company increases full-year 2017 outlook.Q3 gaap earnings per share $2.33.Q3 sales $8.2 billion versus I/B/E/S view $7.93 billion.Q3 earnings per share view $2.21 -- Thomson Reuters I/B/E/S.Sees FY 2017 gaap earnings per share $9.00 to $9.10.3M co - qtrly ‍organic local-currency sales increased 6.6 percent​.3M co - ‍ foreign currency translation increased sales by 0.6 percent​ in quarter.3M co qtrly industrial sales ‍ of $2.8 billion, up 6.2 percent in u.s. dollars​.3M co - ‍now forecasts 2017 organic local-currency sales growth of 4 to 5 percent​.Fy2017 earnings per share view $8.96 -- Thomson Reuters I/B/E/S.  Full Article

3M company announces early results of its cash tender offers and early settlement
Thursday, 5 Oct 2017 08:35am EDT 

Oct 5 (Reuters) - 3M Co :3M company announces early results of its cash tender offers and early settlement.3M Co - ‍tender offers will expire at end of Oct 19, unless extended or earlier terminated​.  Full Article

3M Co announced opening of new 3M design center in Japan
Thursday, 5 Oct 2017 12:00am EDT 

Oct 5 (Reuters) - 3m Co :3M Co announced opening of a new 3M design center in Japan.  Full Article

3M completes sale of its Electronic Monitoring Business
Tuesday, 3 Oct 2017 07:00am EDT 

Oct 3 (Reuters) - 3M Co : :3M completes sale of its Electronic Monitoring Business.3M Co - will record approximately a $0.12 per share benefit in Q4 from divestiture​.  Full Article

3M announces public offering of notes
Thursday, 21 Sep 2017 09:07am EDT 

Sept 21 (Reuters) - 3M Co :3M- public offering of notes,commencement of tender offers to purchase for cash up to $400 million of 63/8% debentures due 2028 and 5.70% notes due 2037​.3M Co - net proceeds from offering to fund its previously announced acquisition of Scott Safety and general corporate purposes- SEC filing.3M Co - ‍company intends to use portion of net proceeds from offering of notes to fund consideration payable in tender offers​.  Full Article

3M board declares quarterly dividend
Tuesday, 15 Aug 2017 04:32pm EDT 

Aug 15 (Reuters) - 3m Co :3M board declares quarterly dividend.Sets quarterly dividend of $1.175per share.  Full Article

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Corning to buy 3M's communication markets unit for $900 million

Gorilla Glass maker Corning Inc said on Monday it would buy substantially all of 3M Co's communication markets business for about $900 million in cash.