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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.

News
3M Announces Upcoming Investor Event
Rhea-AI Summary
3M (NYSE: MMM) announces participation in J.P. Morgan's 2024 Industrials Conference with key executives presenting. The event will feature Mike Roman, Chairman and CEO, and Monish Patolawala, President and CFO, on March 13, 2024, at 7:15 a.m. EDT. The webcast will be available on 3M's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
conferences
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News
Post-it(R) Brand Recognized in Good Housekeeping 2024 Sustainable Innovation Awards
Rhea-AI Summary
3M's Post-it 100% Recycled Paper Super Sticky Notes wins the Good Housekeeping 2024 Sustainability Innovation award in the 'Best of Household' category. The product and packaging are made with 100% recycled paper, manufactured in a zero-waste-to-landfill facility. 3M's commitment to sustainability is recognized as consumers prioritize eco-friendly choices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none
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News
3M Global Survey Reveals Science Is the Key to a Resilient and Prosperous Future
Rhea-AI Summary
The 2024 3M State of Science Insights survey reveals that people worldwide recognize the critical role of science in addressing urgent issues like climate change, shaping the future of work, and fostering growth in STEM and green jobs. Climate change is identified as a significant threat by 81% of respondents, with 43% already impacted. 3M is intensifying its commitment to innovative climate solutions and sustainability goals. The survey also highlights the importance of skilled trades, STEM, and green jobs in the future workforce, with 83% recommending skilled trades as a top career choice. Green jobs are seen as crucial in addressing climate change, with 75% of respondents believing they will have a positive impact on society.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
none
News
3M Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Health Care Business as Solventum
Rhea-AI Summary
3M (NYSE: MMM) plans to spin off its Health Care business as the independent company Solventum on April 1, 2024. Solventum, with anticipated sales of $8.2 billion in 2023, will list on the NYSE as 'SOLV'. The leadership team includes Bryan Hanson as CEO, Wayde McMillan as CFO, and Carrie Cox as Board Chair. An Investor Day is scheduled for March 19, 2024, in New York City.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
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News
America’s Top Young Scientist and 3M Leaders Participate in Black History Month Discussion With STEM Youth
Rhea-AI Summary
3M hosts STEM students for Black History Month event featuring America's Top Young Scientist, Heman Bekele.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
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News
3M Announces Upcoming Investor Events
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
conferences
News
3M M*Modal AI-powered radiology speech reporting solution is again honored by the #1 Best in KLAS award for the third consecutive year
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
AI
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News
3M Board Declares Quarterly Dividend
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
dividends
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News
Combat Arms Earplugs Settlement Set to Exceed 98% Participation Milestone
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
News
3M Delivers Strong Fourth-Quarter Results; Improves Operational Performance and Exceeds Earnings and Cash Flow Expectations
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.03%
Tags
earnings
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3M Co.

NYSE:MMM

MMM Rankings

#245 Ranked by Market Cap
#3886 Ranked by Stock Gains
#433 Ranked by Dividends

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.™