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Seagate, PF Chang's and Other Top Nasdaq Stocks in February
Thursday, March 1, 2012 - 7:34am | 1005Here's a quick look at some of the top performing Nasdaq stocks in February. These stocks all have a market cap of more than $500 million and they all pay a dividend. Aixtron (NASDAQ: AIXG) is up about 29% year to date, including a 19% rise in the past month. This $1.7 billion market cap machinery...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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U.S. Innovation, Manufacturing Are Alive and Well. Exhibit A: IBM and 3M Collaborate on 3D Chips
Tuesday, September 6, 2011 - 9:13pm | 432IBM and 3M's Breakthrough Stacked Chip Technology Will Be 1,000 Times Faster Than Today's Chips Two of America's oldest and most successful manufacturers, 3M (founded in 1902) and IBM (founded in 1910), have teamed up to collaborate on a new 3D computer chip stacking process that could...
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Nordson Earnings Preview: Double-Digit Sales and Profit Growth Expected
Thursday, August 18, 2011 - 7:50am | 671Nordson (NASDAQ: NDSN) is scheduled to report third-quarter fiscal 2011 results today, August 18, after the closing bell. While the industrial equipment maker posted record second-quarter results, the outlook for the third quarter disappointed analysts and some investors at the time. Now, analysts...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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UPDATE: Bank of America Merrill Lynch Downgrades 3M to Underperform
Thursday, July 14, 2011 - 9:02am | 125Bank of America Merrill Lynch is out with its report today on 3M Company (NYSE: MMM), downgrading MMM from Neutral to Underperform. In a note to clients, Bank of America Merrill Lynch writes, "We are downgrading MMM to Underperform from Neutral. No change to our estimates or PO at this time. 3M's...
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Deutsche Bank Maintains Buy on 3M
Friday, July 1, 2011 - 9:04am | 131Deutsche Bank is out with its report today on 3M (NYSE: MMM), maintaining Buy. In a note to clients, Deutsche Bank writes, "Just as the completion of the transcontinental railroad in 1869 ushered in a new era of growth and prosperity for the US (and marked by the driving in of the 'Golden Spike...
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Citigroup Reports on 3M, United Technologies and Danaher
Wednesday, May 18, 2011 - 8:29am | 298In a report released yesterday, Citigroup commented on 3M (NYSE: MMM), United Technologies (NYSE: UTX), and Danaher (NYSE: DHR). On 3M, Citigroup writes, “New CFO David Meline reiterated 3M's playbook for driving organic revenue growth the historical rate of 4% to the 7%-8% target through new...
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Deutsche Bank Updates EPS Estimates on 3M (MMM)
Wednesday, December 8, 2010 - 9:58am | 90Deutsche Bank updates its estimates on 3M (NYSE: MMM) following 3M's 2011 outlook meeting yesterday. In a note to clients, Deutsche Bank writes, "At the meeting, 3M provided 2011 organic volume growth guidance of 5.5-7.5% (versus its long-term target of 7-8%) and EPS guidance of $5.90-$6.10, up 3-6...
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3M Acquires Winterthur for $448 Million
Monday, December 6, 2010 - 8:55am | 763M (NYSE: MMM) is set to acquire Switzerland's Winterthur for $448 million. TheStreet reports, "3M estimates the acquisition to be slightly dilutive to GAAP earnings in the first 12 months following the completion of the deal, but slightly accretive if purchase accounting adjustments and...
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Citigroup On MI-EE 2011 Outlook
Thursday, December 2, 2010 - 10:43am | 266Citigroup has published a research report on Multi-Industry & Electrical Equipment (MI-EE) companies as the industry discloses its 2011 outlook. In the report, Citigroup writes "Multi- Industry & Electrical Equipment (MI-EE) companies launch their annual blitz of 2011 outlook meetings/calls...
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3M Completes Tender Offer for Cogent, Inc. and Commences Subsequent Offering Period
Friday, October 8, 2010 - 8:37am | 1743M (NYSE: MMM) today announced that its direct wholly-owned subsidiary, Ventura Acquisition Corporation, has completed its cash tender offer for Cogent, Inc. (NASDAQ: COGT). The tender offer for all of the outstanding shares of Cogent expired at 12:00 midnight, New York City time, on October 7,...