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3M Co. - MMM STOCK NEWS

Welcome to our dedicated news page for 3M Co. (Ticker: MMM), a resource for investors and traders seeking the latest updates and insights on 3M Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect 3M Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of 3M Co.'s position in the market.

Rhea-AI Summary
3M launches the new Verify app to combat counterfeit Personal Protective Equipment (PPE) and ensure worker safety. The app uses advanced technology to validate product authenticity in real-time, helping companies identify genuine 3M products and avoid potential risks associated with counterfeit PPE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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Rhea-AI Summary
3M's 2024 Global Impact report highlights the company's achievements in sustainability, showcasing reductions in carbon emissions, water usage, and waste generation. Key accomplishments include a significant increase in renewable electricity usage, a substantial reduction in greenhouse gas emissions, and a decrease in fossil-based plastic usage. The company also invested in addressing racial opportunity gaps and increased health and safety training instances. 3M remains committed to a brighter future through its ESG metrics and science-based approach to tackling global challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
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Rhea-AI Summary
3M invests in EVOLOH, a cleantech company, to scale up electrolyzer manufacturing for affordable green hydrogen production. This move supports the global clean energy transition and helps decarbonize industries like steel and aviation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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Rhea-AI Summary
Scotch-Brite™ Brand launches Greener Clean™ Non-Scratch Soap Control Dishwand and Bottle & Straw Brush, emphasizing sustainability and durability. Products feature recycled content and plant-based materials, catering to eco-conscious consumers.
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End-of-Day
0.74%
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News
Rhea-AI Summary
3M announces its first-quarter 2024 earnings conference call and provides pro forma financial information following the completion of the Solventum spin-off. The company plans to report results inclusive of Solventum for the first quarter and initiate full-year 2024 guidance later in April.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
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Rhea-AI Summary
3M launches 3M™ Verify app to combat PPE counterfeiting. The app helps verify the authenticity of disposable respirators, ensuring worker safety. 3M emphasizes the risks of counterfeit products and the importance of genuine PPE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
3M finalizes a $10.3 billion settlement agreement with U.S. public water suppliers for PFAS remediation, supporting PWS detecting or potentially detecting PFAS. The agreement spans 13 years with pre-tax payments starting in 2024. 3M's chairman and CEO, Mike Roman, emphasizes the company's commitment to reducing risk and uncertainty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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Rhea-AI Summary
Solventum (NYSE: SOLV), formerly 3M Health Care Business, has completed its spin-off from 3M and will begin trading on the NYSE as an independent healthcare company. With a focus on innovation and healthcare solutions, Solventum aims to improve patient care and enable healthcare professionals to excel. The company had sales of $8.2 billion in 2023 and operates in four key segments. Solventum is poised for success with a strong portfolio of brands and a commitment to enhancing healthcare outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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News
Rhea-AI Summary
3M completes the spin-off of its health care business, forming Solventum as an independent entity listed on the NYSE. Shareholders receive one share of Solventum for every four shares of 3M held, aiming for tax-free distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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none
Rhea-AI Summary
3M invests in EVOLOH to scale up electrolyzer manufacturing for green hydrogen production, supporting the global clean energy transition. The partnership aims to make green hydrogen affordable and efficient, crucial for decarbonizing industries like steel and aviation. This investment aligns with 3M's commitment to climate tech solutions and advancing the hydrogen economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
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3M Co.

NYSE:MMM

MMM Rankings

MMM Stock Data

50.53B
551.88M
0.1%
66.64%
1.29%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
Saint Paul

About MMM

3m touches virtually every part of your life. our people and technology make the impossible, possible. every day we apply our science to enhance people’s lives. this is 3m science. applied to life.™