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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129Read More...U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062Read More...U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104Read More...U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Market Wrap For January 30: Markets Focus on Good News
Thursday, January 30, 2014 - 6:06pm | 2831Read More...U.S. stocks rose on Thursday as investors and traders focused on the positives. Data showed that the economy expanded in the fourth quarter as consumer spending gained traction. "Today the market is focused on the good news, or the developed world," Bill Stone, chief investment strategist at...
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Sterne Agee Reiterates Buy Rating For MMM
Friday, March 18, 2011 - 9:10am | 86Read More...Sterne Agee has published a report reiterating 3M Company's (MYSE: MMM) Buy Rating. Sterne Agee writes, “3M has set the stage for sales growth to reaccelerate throughout 2011 as op. margins return to normal levels of ~22%- 22.5%. Downside risks appear minimal and we expect 1Q11 EPS to validate 3M'...
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Sterne Agee Reiterates Buy Rating For MMM
Friday, March 18, 2011 - 9:10am | 86Read More...Sterne Agee has published a report reiterating 3M Company's (MYSE: MMM) Buy Rating. Sterne Agee writes, “3M has set the stage for sales growth to reaccelerate throughout 2011 as op. margins return to normal levels of ~22%- 22.5%. Downside risks appear minimal and we expect 1Q11 EPS to validate 3M'...
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3M's Investor Meeting Scheduled For 3/17, Goldman Maintains Neutral Rating
Tuesday, March 15, 2011 - 9:26am | 214Read More...Goldman Sachs has published a research report on 3M Company (NYSE: MMM) in anticipation of the company's investor meeting scheduled for March 17. In the report, Goldman Sachs writes "We expect 3M's investor meeting on March 17 to profile several attractive growth initiatives, but also to do little...
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Credit Suisse Raises 3M Target To $101 From $97
Monday, January 3, 2011 - 12:19pm | 109Read More...Credit Suisse says that regarding its estimates on shares of 3M Company (NYSE: MMM), it is looking for EPS in 2011 and 2012 of $6.00 and $6.68 respectively, driven by the aforementioned factors. “For 2011 we are forecasting 8.6% top-line growth with 7.3% EBIT growth to drive 5% EPS growth while for...
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3M Loses Lawsuit; Jefferies Expects Negligible Impact
Thursday, December 23, 2010 - 10:07am | 80Read More...Jefferies reports that the US District Court denied 3M's request for a preliminary injunction in a patent infringement lawsuit against Avery Dennison Corporation (NYSE: AVY), ruling that 3M Company (NYSE: MMM) failed to demonstrate irreparable harm. “We view this ruling as a headline risk but...
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3M's 3Q a Dramatic Reversal In Earnings Momentum, J.P. Morgan Reports
Friday, October 29, 2010 - 8:07am | 102Read More...3M Company's (NYSE: MMM) 3Q comes in stark contrast to 1H, bringing a dramatic reversal in earnings momentum, and below average growth, showing the real possibility that earnings could be down in 2011, J.P. Morgan reports. “3M does not look cheap, it remains a consensus Sell Side long, and with...
