3M Co. MMM, +0.36% said Tuesday it will take mostly non-cash charges of $1.3 billion to $2.3 billion to exit its business manufacturing fluoropolymers, fluorinated fluids, and PFAS-based additive products Read more
Tag: MMM
Home Depot earnings: Wall Street stays upbeat despite signs of weakening home improvement demand
Home Depot Inc. investors will soon learn the real story about what’s happening in the home improvement sector, as some others in the business have said demand is weakening while Read more
Here’s another sign that home-improvement demand is falling
For a second straight day, an S&P 500 index component reported earnings that pointed to weakness in home-improvement demand. What that means for home improvement retailers Home Depot Inc. and Read more
3M says inflation has seen a ‘little moderation,’ while smartphone demand has been soft
3M Co. has its hands in so many markets, including consumer products, electronics, health care, safety and transportation, that when it talks about the economy and demand trends, investors should Read more
Only 5 stocks in the S&P 500 ended in positive territory after Powell’s hawkish inflation speech
It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to clarify that monetary policy would be relentlessly tightened in the months ahead. Investors dumped stocks, Read more
3M’s $1 billion fund for resolving veterans’ earplugs litigation not enough, says law professor
3M Co.’s $1 billion fund to resolve earplugs lawsuits will not be enough given the vast scale of the litigation that company is facing, according to Professor Carl Tobias of Read more
3M to spin off health care business and create two listed companies
3M Co. MMM, +5.52% said Tuesday it will spin off its health care business to create two public companies to pursue their growth plans. The new 3M will be a Read more