All Posts Tagged With: "MMM"
(AMZN) Stock Market News for April 27, 2011 – Market News
Positive earnings reports and upbeat consumer data brought cheer to investors as benchmarks achieved three-year new highs on Tuesday. Stocks also displayed an uptrend ahead of the conclusion of the crucial Federal Open Market Committee’s meeting on Wednesday following...
(GE) Sector Watch: Tech, Oil, Aerospace & Conglomerates
In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However since it is organized by the individual metric, such as Annual...
(XOM) Stock Market News for March 1, 2011 – Market News
A reduction in inflated crude prices, optimistic comments from the President of the Federal Reserve Bank of New York and mixed economic data helped markets edge higher on Monday. Higher indices for the month also ensured a third-straight monthly gain, building on the positive...
(CAM) Stock Market News for Jan 26, 2011 – Market News
Markets closed almost flat yesterday after erasing losses ahead of President Obama’s State of Union speech, scheduled for later in the day. Late-day buying helped the markets gained slightly before the close.
(ICI) Rewards May Exist In Muni Bonds – AAII Investor Update
Worries about state and local government debt continue to drive money out of municipal (aka “muni”) bond funds. The Investment Company Institute (ICI) calculates that muni bond funds incurred $2.4 billion worth of outflows last week. This was the 10th consecutive...
(GE) Ranking Tech, Energy, Aerospace and Conglomerates
In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However, since it is organized by the individual metric, such as Annual...
(C) Company News for January 07, 2011 – Corporate Summary
• Citigroup (NYSE:C) is reportedly looking for a buyer for its CitiFinancial Unit for as much as $1 billion
• Goldman Sachs (NYSE:GS) has added Diamond Offshore...
(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...
(AGL) Stock Market News for December 8, 2010 – Market News
Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors’ enthusiasm.
The Dow Jones industrial average, after rising as much as 89 points,...
(COST) Company News for December 8, 2010 – Corporate Summary
• Costco (NASDAQ:COST) posted fiscal first quarter earnings $0.02 higher than estimated at $0.71, as revenues jumped 11.2% to $19.24 billion, up from estimate of $18.81 billion
• H&R Block (NYSE:HRB) posted a fiscal second quarter loss of $0.35 a share, versus...
(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...
(AAPL) Stock Market News for October 29, 2010 – Market News
Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.’s downbeat earnings and its tepid full-year outlook wiped off market’s initial advance that was fueled by a surprise...
(BX) Stock Market News for October 28, 2010 – Market News
After swinging back and forth for much of the session, stocks closed mostly in the red Wednesday amid concerns that the Fed’s planned purchase of Treasury bonds would not be as heavy and swift as earlier anticipated.
Traders are eagerly awaiting a Federal Reserve...
(CVX) Stock Market News for October 25, 2010 – Market News
Stocks had a mixed day on Friday but they still managed to close another week on a high note, as investors continued to bet that markets’ recent momentum is here to stay. Traders refrained from placing bigger bets as a group of finance ministers met in South Korea amid an...
(AAPL) Putting Financial Statistics In Context – AAII Investor Update
A bit of volatility returned to the stock market earlier this week following China’s surprise rate hike and disappointment with some of the details within Apple’s (AAPL) earnings report. The approximate 1.6% drop in the S&P 500 turned heads because stocks had...
(AAPL) Stock Market News for October 12, 2010 – Market News
Stocks closed with slender gains as traders refrained from placing bigger bets ahead of a busy earnings week. With focus turning toward the earnings season, market participants appeared less interested in Fed’s expected intervention to help bring the economic growth back...
(ARST) Company News for September 13, 2010 – Corporate Summary
• Deutsche Bank (NYSE:DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently
• Hewlett-Packard (NYSE:HPQ) confirmed its intentions to acquire ArcSight (NASDAQ:ARST)...
(BA) Stock Market News for September 3, 2010 – Market News
Stocks added to the gains from the previous session after better-than-expected retail and housing numbers helped boost confidence in the economy. However, caution ahead of today’s monthly payroll data restrained traders from making big moves. As traders chose to play it...
(AXP) Stock Market News for August 31, 2010 – Market News
That the U.S. stock market would not replicate July’s performance is almost certain now, but what is really disquieting is it could be the worst August in almost a decade. Merger deals notwithstanding, mood on Wall Street turned grim yesterday as worries about the pace of...
(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...
(MMM) 3M Acquires Dailys
3M Company (MMM) has acquired Dailys Ltd, a U.K– based manufacturer of disposable, protective clothing. The terms of the transaction were not disclosed. Dailys specializes in non-woven, chemically treated...
(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...
(GIS) Company News for June 30, 2010 – Corporate Summary
• General Mills (NYSE:GIS) raised its dividend before reporting inline fiscal fourth-quarter earnings of 41 cents a share, but its guidance for fiscal 2011 came in below Street expectations. Revenues of $3.57 billion were in-line with Zacks projections of $3.57 billion,...
(DOW) Earnings Preview – Economic Data
Earnings Preview 4/23/10
Earnings season will be in full gear next week as more than 900 firms report Incorporatedluding 167, or more than a third of the firms in the S&P 500. The list of companies...
(GS) AAII Investor Update – Be Mad At Wall Street – April 22, 2010
The question I’ve routinely been asked since last Friday is “what do you think about Goldman?” My answer is the only shocking event was that Goldman Sachs (GS)...
(MMM) 3M – Beat Earnings Estimates By 40.7% in Four of The Past Five Quarters
3M Co. (MMM) shares are essentially flat year-to-date, but that doesn’t fully reflect the company’s strong...
(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...
(MMM) 3M Company – Stellar Results and Higher Forecasts
3M Co. (MMM) recently reported fourth-quarter earnings of $1.30 per share, topping last year’s...
($MMM) 3M Company – Bull of the Day
We are maintaining our Outperform rating on 3M Company (MMM) with a target price of $89. In the most recent quarter, selling prices were again positive, which boosted gross margin by 50 basis points.
Raw...
(MMM) 3M Company Tops Earnings Estimates
3M Company (MMM) reported earnings from continuing operations of $1.30 for the fourth quarter of 2009, beating the Zacks Consensus Estimate. Revenues for the quarter were $6.1 billion.
Revenues increased...