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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 hosts STEM students for Black History Month event featuring America's Top Young Scientist, Heman Bekele.
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3M (NYSE: MMM) has announced investor events at Citi's 2024 Global Industrial Tech and Mobility Conference and Barclays 41st Annual Industrial Select Conference. The events will feature Mike Roman, Chairman and CEO, and Monish Patolawala, President and CFO, and will be webcast live with a replay available on 3M's Investor Relations website.
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3M Health Information Systems' M*Modal Fluency for Imaging wins the #1 Best in KLAS award four times in a row, surpassing all other front-end speech recognition solutions in the diagnostic imaging speech recognition segment. Delivering high accuracy, overall performance, and interoperability, this AI-powered solution aims to revitalize the radiologist's documentation experience, mitigating rework, administrative burden, and burnout. The 2024 Best in KLAS: Software and Services report recognizes 3M for its commitment to delivering top-ranking, innovative solutions and services to its clients, signifying top performing solutions that go above and beyond in terms of functionality, performance, and customer service.
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3M (MMM) declares a dividend of $1.51 per share for the first quarter of 2024, payable on March 12, 2024. The company has a history of uninterrupted dividend payments for over 100 years, driven by a resilient business model. The spin-off of its Health Care business is expected to be completed by the first half of 2024, creating two separate public companies with tailored growth plans and capital allocation strategies.
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3M (NYSE: MMM) has elected to pay $1 billion in cash instead of stock to resolve the Combat Arms Earplugs litigation. The claimant participation is on track to exceed the 98% threshold, with strong support from over 250,000 eligible claimants. The settlement is expected to resolve more than 99% of the claims in the litigation by the final registration date of March 25, 2024.
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3M reported strong operational execution, progress on restructuring, and spending discipline in Q4 2023. The company's adjusted operating margins expanded to 20.9%, with adjusted EPS up 11% year-on-year. However, full-year 2023 sales declined by 4.5%, with a GAAP loss of $12.63 per share. The Health Care spin remains on track for the first half of 2024, and 3M provided its 2024 financial outlook, expecting adjusted total sales growth of 0.25 to 2.25% and adjusted EPS in the range of $9.35 to $9.75.
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3M™ Littmann® brand has announced a new update to its tubing, unveiling the new Satin Finish tubing for its Cardiology IV™ and Classic III™ Stethoscopes. The new tubing offers a softer, silkier, more flexible feel for easier folding and stowing, along with debris- and scratch-resistance. It is available in on-trend colors and is designed to provide more reliable and consistent heart sound detection at lower frequencies for healthcare professionals.
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3M and Discovery Education have officially opened submissions for the 2024 Young Scientist Challenge, inviting young innovators to present their solutions to real-world problems. The initiative aims to foster STEM education and inspire the next generation of scientists and engineers. Submissions are open to students in grades 5-8, with the chance to win the title of 'America's Top Young Scientist' and a grand prize of $25,000.
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3M announces accelerated payment of $253.1 million for Combat Arms Earplug settlement, reaching 100% participation from remaining wave claimants. The company has received strong and widespread support from claimants and the broader military community since the announcement of the settlement agreement in August 2023.
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3M Health Care's Medical Solutions Division (MMM) was awarded $34.2 million from the U.S. Army Medical Research Acquisition Activity to develop new solutions for infection prevention, wound management, and wound healing. The program will focus on treatment strategies in austere settings, biofilm control, biomarker monitoring, and healing in acute trauma situations. 3M will collaborate with various military and civilian partners to bring these solutions to fruition.
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3M Co.

NYSE:MMM

MMM Rankings

MMM Stock Data

50.75B
551.75M
0.11%
66.86%
1.19%
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.™