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Stock Market & Financial Investment News

News Breaks
February 1, 2014
17:12 EDTMMM3M Company invests in Chile's Lixivia
3M, through its New Ventures Business, has invested in Lixivia, a Chilean company that 3M has been working with on an engineering process to increase recuperation of copper sulfurate above levels reached through standard industry applications. Terms of the transaction were not disclosed. “We believe that Lixivia’s innovative technology addresses core issues of mining companies today,” said Stefan Gabriel, president, 3M New Ventures. “This company has the potential to significantly increase miners’ diminished productivity and recover more copper sulfurate, which is a paradigm shift for miners’ operations.”
News For MMM From The Last 14 Days
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July 24, 2014
09:25 EDTMMM3M Company sees FY gross share repurchases $4.5B-$5B
Previously expected $4B-$5B in gross share repurchases. Sees FY CapEx $1.5B-$1.6B. Comments made on the Q2 earnings conference call.
08:21 EDTMMM3M Company sees Sumitomo 3M deal closing September 1
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07:34 EDTMMM3M Company reaffirms 2014 EPS outlook $7.30-$7.55, consensus $7.47
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07:33 EDTMMM3M Company reports Q2 EPS $1.91, consensus $1.91
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July 23, 2014
15:30 EDTMMMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Ford (F), consensus 36c; General Motors (GM), consensus 58c; Potash (POT), consensus 46c; Caterpillar (CAT), consensus $1.52; 3M (MMM), consensus $1.91; Union Pacific (UNP), consensus $1.43; Bristol-Myers Squibb (BMY), consensus 44c; Eli Lilly (LLY), consensus 65c; Celgene (CELG), consensus 89c; Precision Castparts (PCP), consensus $3.35; Raytheon (RTN), consensus $1.59; Noble Energy (NBL), consensus 79c; Hershey (HSY), consensus 76c; Southwest Airlines (LUV), consensus 61c; Boston Scientific (BSX), consensus 19c; JetBlue (JBLU), consensus 19c.
July 22, 2014
13:10 EDTMMM3M Company July weekly volatility elevated into Q2 and outlook
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