All Posts Tagged With: "AVY"

(AVY) Avery Dennison Selling Office Business

Avery Dennison Corporation (AVY) is divesting its underperforming Office and Consumer Products to its competitor 3M Co. (MMM), the maker of Post-it notes and Scotch Tape, for $550 million in cash. The Office and Consumer Products segment contributed approximately 13% to Avery’s... 

9Jan2012 | | 0 comments | Continued

(MMM) 3M Company Analyst Reiterates Shares at Neutral

We recently maintained a Neutral recommendation on3M Company (MMM). Based in St. Paul, Minnesota, 3M is a diversified technology company with manufacturing operations spread over 60 countries worldwide. It has more than 35 business units organized into six segments: Consumer... 

28Nov2011 | | 0 comments | Continued

(SPLS) Staples Reports Quarterly Earnings In Line

Staples Inc. (SPLS), the global leader in the supply of office products, recently posted third-quarter 2011 results. The quarterly earnings of 47 cents a share came in line with the Zacks Consensus Estimate and jumped 15% from 41 cents earned in the prior-year quarter. Revenue... 

23Nov2011 | | 0 comments | Continued

(MMM) 3M Company 2011 Third Quarter Earnings Scorecard

3M Company (MMM) reported modest results for the third quarter of 2011. The company achieved year-over-year top-line growth of 9.6%, as five out of six segments saw revenue growth. The bottom-line slipped 1% however, missing our estimate by 9 cents. Third Quarter Highlights Total... 

22Nov2011 | | 0 comments | Continued

(MMM) 3M Company Settles Patent Litigation

3M Company (MMM) through its three companies 3M, 3M Innovative Properties Co., and 3M Canada has settled a patent litigation filed against Eurotex in Canada for infringing a 3M patent for reflective fire coat trim. The case was being fought in the Federal Court in Ottawa, Canada... 

16Jun2011 | | 0 comments | Continued

(AVY) Avery Dennison Earnings Beat Consensus

Avery Dennison Corporation (AVY) reported adjusted earnings per share (EPS) of 51 cents in its first quarter 2011, beating the Zacks Consensus Estimate of 47 cents. EPS in the quarter however posted a decline of 16% from the adjusted EPS of 61 cents in the prior-year quarter. Both... 

3May2011 | | 0 comments | Continued

(ADS) Company News for February 03, 2011 – Corporate Summary

• Avery Dennison (NYSE:AVY) reported Q4 EPS of $0.98, missing the Zacks Consensus of $0.97 per share by a penny. Revenues for the quarter rose 8% year-over-year to $1.64 billion, ahead of the Zacks Consensus Estimate of $1.60 billion • Hospira (NYSE:HSP) reported Q4 EPS... 

3Feb2011 | | 0 comments | Continued

(MMM) 3M Company Announces Aquisition of Nida-Core

3M Company (MMM) has acquired a Port St. Lucie, FL-based manufacturer of structural honeycomb core and fiber-reinforced foam core materials, Nida-Core Corp. The company did not reveal the terms of the deal. Nida-Core offers a range of high-strength, low-weight, engineered materials.... 

5Jan2011 | | 0 comments | Continued

(MMM) 3M Company Quarterly Earnings Scorecard

On October 28, 3M Company (MMM) reported its third quarter fiscal 2010 earnings of $1.53 per share, ahead of the Zacks Consensus Estimate. With a 13% increase in its earnings, the company’s sales improved in all its business and geographic regions. Given below is our report... 

7Nov2010 | | 0 comments | Continued

(NWL) Newell Rubbermaid Third Quarter 2010 Earnings Preview

Newell Rubbermaid Inc. (NWL) is scheduled to release its third-quarter 2010 results on Friday, October 29. The Zacks Consensus Estimate for the quarter is pegged at 41 cents a share. Second Quarter Performance Newell Rubbermaid logged a strong 23.4% growth in second-quarter 2010... 

25Oct2010 | | 0 comments | Continued

(MMM) 3M 2010 Second Quarter Earnings Beat – Boosts Expectations

3M Co. (MMM) released its earnings results for second quarter of 2010 before the opening bell today, reporting earnings per share of $1.54, beating the Zacks Consensus Estimate of $1.48. With a 28.3% increase in its earnings, the company’s sales improved in all its business... 

25Jul2010 | | 0 comments | Continued

(MMM) 3M Guides 2010 Second Quarter Above The Street

3M Co. (MMM) announced its second quarter 2010 sales guidance of $6.6 billion to $6.75 billion, reflecting an organic growth of 16% to 18% compared with the second quarter of 2009. The median of the company’s guidance is above the Zacks Consensus Estimate of $6.58 billion. For... 

1Jul2010 | | 0 comments | Continued

(MMM) 3M Company in Acquisition Mode

3M Company (MMM) announced that it has entered into an agreement to acquire MTI PolyFab Inc., a Canada-based manufacturer of thermal and acoustic insulating material for the airlines industry. MTI PolyFab designs and manufactures a lightweight thermal and acoustic insulation... 

9Mar2010 | | 0 comments | Continued

(AVY) Avery Dennison Corporation Reports Below Expectations

Avery Dennison Corp. (AVY) posted fourth-quarter earnings of 44 cents per share, below the Zacks Consensus Estimate of 67 cents and down 32.3% from last year’s earnings of 65 cents. The lower than expected earnings in the quarter was primarily a result of increased investment... 

1Feb2010 | | 0 comments | Continued

(MMM) 3M Acquires Brazilian Floor Care Products Company Incavas

3M Co. (MMM) announced that it has entered into a definitive agreement to acquire Incavas Industria de Cabos e Vassouras Ltda., a manufacturer of floor care products based in Rio Grande do Sul, Brazil. The terms of the transaction were not disclosed. Incavas is an important manufacturer... 

17Dec2009 | | 0 comments | Continued

(AVY) Avery Dennison Corporation Gains from Restructuring

Avery Dennison Corp. (AVY) posted third quarter earnings of 82 cents per share, well-above the Zacks Consensus Estimate of 57 cents and slightly higher than last year’s earnings of 81 cents. Lower sales were offset by productivity improvements and gains from the restructuring... 

27Oct2009 | | 0 comments | Continued