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Zacks News
Conglomerate 3M’s focus on business transformation — with moves like the localization of decision making and integration of supply chains — enhances its competitive advantage. Also, its recognized product brands and investments in innovation are compelling. Inorganic actions (buyouts and divestments) are added advantages. Acelity, bought in October 2019, is predicted to aid 3M’s medical solutions business. Being one of the largest manufacturers of respiratory masks, the coronavirus outbreak has added to the company’s growth potential.
Why the Earnings Surprise Streak Could Continue for 3M (MMM)
by Zacks Equity Research
3M (MMM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
3M (MMM) Gains But Lags Market: What You Should Know
by Zacks Equity Research
3M (MMM) closed at $160.18 in the latest trading session, marking a +0.23% move from the prior day.
Danaher (DHR) Gains 19% in 3 Months: What's Driving It?
by Zacks Equity Research
Danaher (DHR), with a 19% rise in the past three months, benefits from core sales growth opportunities in Diagnostics and Life Sciences segments, innovation efforts, and shareholder-friendly policies.
General Electric Completes Gas Turbine Project in Nigeria
by Zacks Equity Research
General Electric's (GE) gas turbine rehabilitation project at NDPHC's 3 power plants will secure and restore the supply of up to 360-MW of electricity. It receives certification for its GE9X engine.
Reasons Why Carlisle (CSL) Stock Should Be Avoided for Now
by Zacks Equity Research
End-market weakness, especially in commercial aerospace and automotive, due to the pandemic is concerning for Carlisle (CSL). It expects Q3 revenues for CIT, CBF and CFT segments to fall.
3M (MMM) Stock Moves -1.74%: What You Should Know
by Zacks Equity Research
In the latest trading session, 3M (MMM) closed at $159.51, marking a -1.74% move from the previous day.
General Electric to Exit Coal Power, Supply Haliade Turbines
by Zacks Equity Research
General Electric (GE) to exit the new build coal power business and focus on other energy businesses. Renewable Energy to deliver 190 units of Haliade-X 13 MW wind turbines at the Dogger Bank wind farm.
3M (MMM) Sales Rise Y/Y in August, Q3 Projections Impressive
by Zacks Equity Research
3M's (MMM) sales performance in August is driven by acquisitions/divestitures impact and forex gains, partially offset by the adverse impacts of lower business days. Q3 outlook for sales is promising.
3M (MMM) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, 3M (MMM) closed at $166.57, marking a -1.12% move from the previous day.
General Electric's (GE) Unit Receives Wind Turbine Contract
by Zacks Equity Research
General Electric's (GE) Renewable Energy to soon deliver 27 units of 3.2-85 onshore wind turbines to the Taza onshore wind farm. This contract will help strengthen footprints in Morocco.
Top Stock Reports for Toyota, NIKE & Honeywell
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Toyota Motor (TM), NIKE (NKE) and Honeywell International (HON).
Honeywell's Offerings Boost Building Solutions Portfolio
by Zacks Equity Research
Honeywell's (HON) Pro-Watch and MAXPRO Network Video Recorders and Video Management Systems leverage video analytics, enabled with advanced artificial intelligence.
PPE Market Booming on Coronavirus Fears: 4 Stocks in Focus
by Ritujay Ghosh
PPE manufacturing has become one of the most important industries in the United States nearly overnight with at-home orders being relaxed and the economy reopening.
3M (MMM) Gains But Lags Market: What You Should Know
by Zacks Equity Research
3M (MMM) closed the most recent trading day at $165.70, moving +1.55% from the previous trading session.
3M (MMM) Stock Moves -1.89%: What You Should Know
by Zacks Equity Research
3M (MMM) closed the most recent trading day at $166.31, moving -1.89% from the previous trading session.
3M (MMM) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
3M (MMM) closed at $165.66 in the latest trading session, marking a +0.96% move from the prior day.
Why Is 3M (MMM) Up 4.9% Since Last Earnings Report?
by Zacks Equity Research
3M (MMM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
3M (MMM) Unveils Virtual Assistant Technology for Epic Users
by Zacks Equity Research
3M (MMM) introduces 3M M*Modal virtual assistant technology for Epic customers, which will make the process of electronic health record documentation simpler, faster and more effective for clinicians.
Industrial ETFs Are Gaining Despite Mixed Q2 Earnings
by Sweta Jaiswal, FRM
We discuss the impact of Q2 earnings releases of some major players on industrial ETFs with heavy exposure to the same.
The Zacks Analyst Blog Highlights: Home Depot, AbbVie, Broadcom, 3M and Morgan Stanley
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Home Depot, AbbVie, Broadcom, 3M and Morgan Stanley
3M (MMM) Sales Rise Y/Y in July, Quarterly Dividend Approved
by Zacks Equity Research
3M's (MMM) sales performance in July is driven by strengthening product demand despite the prevailing pandemic difficulties. Also, it receives approval for the quarterly dividend payment.
S&P Shoots for All-Time Highs Again
by Jeremy Mullin
Bulls target S&P 3400 by weeks end.
Top Analyst Reports for Home Depot, AbbVie & Broadcom
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including The Home Depot (HD), AbbVie (ABBV) and Broadcom (AVGO).
The Zacks Analyst Blog Highlights: Apple, AT&T, Target, Honeywell and 3M
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, AT&T, Target, Honeywell and 3M
Stock Market News for Jul 29, 2020
by Zacks Equity Research
Benchmarks slipped into the negative territory on Tuesday as investors kept a close watch on a second coronavirus relief package in consideration by lawmakers, along with mixed second-quarter corporate earnings report.