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Stock Market & Financial Investment News

News Breaks
March 29, 2013
09:40 EDTMMM, AVY3M and Avery Dennison conclude patent infringement and related lawsuits
3M (MMM), along with its wholly-owned subsidiary 3M Innovative Properties, announced that they have successfully concluded their lawsuits against Avery Dennison (AVY) relating to retroreflective sheeting products used on traffic signs, pavement markings and other traffic control products. 3Mís patent infringement litigation against Avery has been resolved with the court entering a consent judgment in favor of 3M. Averyís separate claims of patent infringement and antitrust violations against 3M have been dismissed by the court with prejudice.
News For MMM;AVY From The Last 14 Days
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March 26, 2015
07:11 EDTAVYGabelli to hold a conference
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March 25, 2015
16:39 EDTMMM3M files patent infringement lawsuit against Danville Materials
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March 23, 2015
06:03 EDTMMMU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
March 17, 2015
07:13 EDTMMMBofA/Merrill to hold a conference
Global Industrials & EU Autos Conference 2015 to be held in London, England on March 17-20.

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