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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.
GE's Unit Buys Stake in LKZ, Expands Foothold in Kazakhstan
by Zacks Equity Research
GE Transportation, a unit of General Electric Company (GE) recently completed the purchase of a 50% stake in Lokomotiv Kurastyru Zauyty (LKZ) from Kazakhstan's national railway company, KTZ.
UTX Unit's MS-177 to Boost USAF's Long Distance Visibility
by Zacks Equity Research
UTC Aerospace Systems, a unit of United Technologies Corporation (UTX) recently completed the first flight test of its latest MS-177
GE Collaborates with CBMG to Enhance Healthcare Portfolio
by Zacks Equity Research
General Electric Company (GE) recently collaborated with Cellular Biomedicine Group Inc. (CBMG) to co-develop certain high-quality industrial control processes in Chimeric Antigen Receptor T-cell (CAR-T) and stem cell manufacturing.
Will Danaher Continue to Witness Growth on DBS Strength?
by Zacks Equity Research
The year 2016 was spectacular for global conglomerate Danaher Corporation (DHR), marked by solid quarterly performances, accretive acquisitions and a strategic divesture, which split the company into two units.
3M Files Suit Against Chinese Firm for Patent Infringement
by Zacks Equity Research
3M Company (MMM) has filed a lawsuit in the Central District of California, alleging violation of seven patents and copyright infringements.
Crane's (CR) Growth Prospects Bright: Should You Buy?
by Zacks Equity Research
We issued an updated research report on Crane Co. (CR) on Apr 4, 2017.
Honeywell Launches Aspire 300 to Enhance Cockpit Safety
by Zacks Equity Research
Honeywell International Inc. (HON) enhanced its connectivity product portfolio with the release of Aspire 300, its latest global satellite communication system.
GE Completes Last Major Sale of GE Capital Exit Plan
by Zacks Equity Research
General Electric Company (GE) recently completed the last major asset sale transaction of GE Capital exit plan in order to retrace its engineering roots.
Top Research Reports for Alphabet, 3M and P&G
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Alphabet (GOOGL), 3M (MMM), and Procter & Gamble (PG).
3M (MMM) Hits New 52-Week High on Strong Growth Drivers
by Zacks Equity Research
Shares of diversified conglomerate 3M Company (MMM) hit a new 52-week high of $193.50 on Mar 20, before closing the trading session a notch lower at $193.01, for a healthy year-to-date return of 8.09%.
3M (MMM) Expands Safety Portfolio with Latest Acquisition
by Zacks Equity Research
3M Company (MMM) recently entered into a definitive agreement with Johnson Controls International plc (JCI) to acquire the latter's operating unit Scott Safety.
3M Company (MMM) Shows Promise with Sustainable Growth
by Zacks Equity Research
On Mar 10, we issued an updated research report on industrial goods manufacturer, 3M Company (MMM).
Top Research Reports for March 10, 2017
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including 3M (MMM), FedEx (FDX) and Netflix (NFLX).
Dow Sails Above 21,000 Level: Buy 4 Mutual Funds
by Zacks Equity Research
Rising hopes of better economic growth are expected to have a positive impact on mutual funds with significant exposure to Dow components.
Why Is 3M Company (MMM) Up 5.3% Since the Last Earnings Report?
by Zacks Equity Research
3M Company (MMM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Raven Industries (RAVN) Beats on Q3 Earnings, Stock Up
by Zacks Equity Research
Raven Industries Inc. (RAVN) reported third-quarter 2017 results.
Dow ETF Tops Asset Flow: 5 Stocks Behind The Surge
by Sweta Killa
U.S. bourses hit yet another high on Friday and logged in the third weekly gain with Dow ETF pulling the maximum amount of money last week among the other large cap ETFs.
Industrial ETF Investors! Look at Trump, Not Soft Earnings
by Sanghamitra Saha
Industrial earnings came in at moderate-to-soft this season, but Trump effect should be positive on the sector. What should be your take on industrial ETFs?
Honeywell Software to Cut Operating Costs of Japan Airlines
by Zacks Equity Research
Japan Airlines Co., Ltd., the flag carrier airline of Japan, has recently adopted the GoDirect Fuel Efficiency software of industrial goods manufacturer Honeywell International Inc. (HON) to reduce its operating costs.
3M (MMM) Marginally Beats Q4 Earnings, Affirms 2017 View
by Supriyo Bose
3M Company (MMM) reported relatively healthy fourth-quarter 2016 results with GAAP earnings of $1,155 million or $1.88 per share compared with $1,038 million or $1.66 per share in the year-earlier quarter.
3M (MMM) Beats on Q4 Earnings, Reiterates 2017 Guidance
by Zacks Equity Research
3M Company (MMM) marginally beats on fourth-quarter 2016 earnings.
3M (MMM) Q4 Earnings: What's in the Cards for the Stock?
by Zacks Equity Research
Let's see how things are shaping up for 3M (MMM) this earnings season.
What's In Store for Dow ETF in Q4 Earnings?
by Sweta Killa
The Dow ETF has been in vogue over the past two months.
3M (MMM) Closes Safety Prescription Eyewear Unit Divesture
by Zacks Equity Research
3M Company (MMM) has recently completed the divesture of its prescription eyewear business to HOYA Vision Care, a premier eyeglass lens provider across the globe, for an undisclosed amount.
Here's How the Stock Market Reacted to the Fed Rate Hike
by Madeleine Johnson
After the Federal Reserve raised interest rates for the first time in 2016???and only second in a decade???the stock market is experiencing volatile trade on Wednesday.