Edition:
United States

3M Co (MMM)

MMM on New York Consolidated

238.13USD
8 Dec 2017
Change (% chg)

$-2.17 (-0.90%)
Prev Close
$240.30
Open
$240.00
Day's High
$241.01
Day's Low
$237.49
Volume
1,999,835
Avg. Vol
1,769,983
52-wk High
$244.23
52-wk Low
$173.55

Latest Key Developments (Source: Significant Developments)

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

3M discloses charge related to Q2 job cuts - SEC filing
Tuesday, 1 Aug 2017 03:40pm EDT 

Aug 1 (Reuters) - 3m Co :3M Co - during Q2, management approved restructuring actions that affected about 1,300 positions worldwide & resulted in pre-tax charge of $99 million.3M Co says remaining activities related to restructuring are expected to be completed by the end of 2018 - SEC filing.  Full Article

3M says expects pricing to be closer to flat in the U.S. for 2017 - Conf call
Tuesday, 25 Jul 2017 10:15am EDT 

July 25 (Reuters) - 3m Co :3M says expects FY 2017 share repurchases to be in range of $2 billion to $3.5 billion versus $2.5 billion to $4.5 billion previously.3M says co is now tracking to the low end of its expectation for price growth in the U.S.; says expect pricing to be closer to flat in the U.S. for 2017.3M co says co taking selected price adjustments in some markets to gain market share and accelerate volume growth; says examples of those markets are its industrial business and consumer business.  Full Article

BRIEF-3M board declares quarterly dividend

* Sets quarterly dividend of $1.175per share Source text for Eikon: Further company coverage: