3M
3M forecasts annual profit below estimates, shares down
However, cost cuts, price hikes and the introduction of new products under CEO Bill Brown are helping it shore up margins
3M raises 2025 profit forecast as margin-focused strategy pays off
3M has leaned on product innovation under CEO Bill Brown, who took the helm in 2024
3M to return US$10 billion to shareholders, reiterates sales forecast
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company
3M to cut dividend on health-care spin, losing aristocrat status
Starting in May, 3M plans to pay a dividend at roughly 40 per cent of its adjusted free cash flow
3M forecast falls short of estimates as consumers stay wary
3M FORECAST 2024 profits and sales growth below Wall Street expectations as it continues to contend with sluggish consumer demand that has weighed on growth for the better part of a year.
3M raises full-year profit target after deep spending cuts
3M BOOSTED its full-year adjusted profit and cash flow targets as it reported third-quarter results that easily topped Wall Street estimates, lifted by sweeping cost cuts and efforts to combat an ongo...
3M to pay US$6 billion to settle faulty military earplug suits
3M has agreed to pay more than US$6 billion over five years to resolve hundreds of thousands of lawsuits alleging it sold defective ear plugs to the US military that led to hearing damage for combat t...
3M settles US anti-bribery law charges in China unit, SEC says
3M has agreed to pay more than US$6.5 million to resolve US charges of Foreign Corrupt Practices Act violations (FCPA) related to a 3M subsidiary in China, the Securities and Exchange Commission said ...
3M raises full-year profit forecast on higher prices, cost-cut measures
US INDUSTRIAL conglomerate 3M on Tuesday (Jul 25) raised its full-year profit forecast, benefiting from higher prices and cost-cut measures including significant layoffs.
