Dow 30 Stock Roundup: Apple, Pfizer Results Impress, Microsoft, Merck Beat on Earnings
Swarup Gupta - Zacks Investment Research - Fri Oct 30, 12:58PM CDT
A combination of factors ensured that the Dow had to suffer a relatively disappointing week.
KO: 42.35 (-0.44), MMM: 157.21 (-0.40), VRX: 93.77 (-17.73), PFE: 33.82 (-0.95), BA: 148.07 (+0.89), CCE: 51.34 (+0.22), AGN: 308.47 (+4.09), IBM: 140.08 (-0.47), MRK: 54.66 (-0.21), DD: 63.40 (+0.06), GOOGL: 737.39 (-7.46), PG: 76.38 (-0.64), MSFT: 52.64 (-0.72), AAPL: 119.50 (-1.03)
5 Stocks to Ride October's Rebound
Swarup Gupta - Zacks Investment Research - Mon Oct 26, 1:51PM CDT
Following August's market rout and another slump in September, stocks have staged a dramatic comeback in October.
MMM: 157.21 (-0.40), HA: 34.70 (-0.06), GIG: 2.48 (+0.23), EDU: 27.51 (-0.22), AMRK: 14.50 (+0.68), CAT: 72.99 (+1.02), UFPI: 72.63 (-1.01)
3M Novec 7100 Fluid Used in World's Largest Two-Phase Immersion Cooling Project
Business Wire - Mon Oct 26, 10:19AM CDT
The world's most powerful two-phase immersion cooling (2PIC) project, which will be deployed in a 40+ MW data center being constructed by BitFury Group, is currently underway in the Republic of Georgia. Designed and built by the Hong Kong-based engineering company, Allied Control, the 2PIC project will use 3M(TM) Novec(TM) 7100 Engineered Fluid, an immersion coolant with a low global warming potential. Allied Control is a pioneer in 2PIC, a field showing great promise in boosting data center efficiency.
MMM: 157.21 (-0.40)
3M (MMM) Stock Price Target Raised at Deutsche Bank
at The Street - Mon Oct 26, 10:10AM CDT
Deutsche Bank raised 3M's (MMM) price target after the company released its third quarter earnings results last week.
MMM: 157.21 (-0.40)
Win or Lose, the Shorts Rule This Market: Jim Cramer's Best Blogs
at The Street - Fri Oct 23, 8:00PM CDT
Catch up on Jim Cramer's ideas from this past week as he discusses the unprecedented power of the short sellers to determine pricing today -- even when they bet wrong.
KO: 42.35 (-0.44), KMI: 27.35 (+0.15), MMM: 157.21 (-0.40), VRX: 93.77 (-17.73), GE: 28.92 (-0.42), CLX: 121.94 (-0.78), SWKS: 77.24 (+2.61), DAL: 50.84 (+0.34), UTX: 98.41 (-0.64), KMB: 119.71 (-2.06), CYH: 28.04 (-0.74), NXPI: 78.35 (+5.35), BA: 148.07 (+0.89), HRZN: 9.76 (+0.12), PEP: 102.19 (-0.61), AGN: 308.47 (+4.09), HCA: 68.79 (+1.09), JPM: 64.25 (-0.96), MCD: 112.25 (-0.37), AVGO: 123.13 (+3.04)
Rising Dollar Means Stronger Headwinds For U.S. Firms
at Investor's Business Daily - Fri Oct 23, 1:34PM CDT
China on Friday cut interest rates for the sixth time since November, trying to revive flagging growth. On Thursday, European Central Bank President Mario Draghi gave strong indications that the ECB would boost stimulus efforts in December. The...
MMM: 157.21 (-0.40), GE: 28.92 (-0.42), MCD: 112.25 (-0.37), GOOGL: 737.39 (-7.46), PG: 76.38 (-0.64)
Better-than-Expected Q3 Earnings Lift Industrial ETFs
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 10:49AM CDT
The upward movement in major industrial stocks since their earnings release caused the shares of industrial ETFs to trade in the green.
IYJ: 105.20 (+0.15), MMM: 157.21 (-0.40), GE: 28.92 (-0.42), HON: 103.28 (+0.34), XLI: 54.27 (-0.07), CAT: 72.99 (+1.02), VIS: 103.25 (-0.16), UNP: 89.35 (-1.17)
Dow 30 Stock Roundup: 3M, Boeing, GE Beat on Earnings, American Express Misses Estimates
Swarup Gupta - Zacks Investment Research - Fri Oct 23, 10:39AM CDT
The Dow experienced another mixed week, dominated by tech, biotech and healthcare stocks.
KO: 42.35 (-0.44), MMM: 157.21 (-0.40), GE: 28.92 (-0.42), VRX: 93.77 (-17.73), AXP: 73.26 (-0.96), IBM: 140.08 (-0.47), UTX: 98.41 (-0.64), MCD: 112.25 (-0.37), CAT: 72.99 (+1.02), BA: 148.07 (+0.89), VZ: 46.88 (+0.48), TRV: 112.89 (-1.40)
3M Stock Is Poised to Move Lower -- Here's How to Profit With Options
at The Street - Fri Oct 23, 10:20AM CDT
3M (MMM) stock's rally in the wake of earnings is probably exaggerated. Here's how to use options to profit from the coming correction.
MMM: 157.21 (-0.40)
Stock Market News for October 23, 2015
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 9:10AM CDT
Benchmarks ended higher on Thursday banking on ECB’s indication to extend stimulus measures, positive earnings results and upbeat economic data
MMM: 157.21 (-0.40), GE: 28.92 (-0.42), EBAY: 27.90 (-0.27), HON: 103.28 (+0.34), MCD: 112.25 (-0.37), CAT: 72.99 (+1.02), BA: 148.07 (+0.89), DOW: 51.67 (+0.77), UNP: 89.35 (-1.17)
3M (MMM) Stock Price Target Hiked at Barclays Following Earnings Results
at The Street - Fri Oct 23, 9:03AM CDT
3M's (MMM) price target was increased to $150 from $135 at Barclays on Friday, after the company reported 2015 third quarter earnings that were ahead of expectations.
MMM: 157.21 (-0.40)
3M to restructure, cut 1,500
at Investor's Business Daily - Thu Oct 22, 6:16PM CDT
3M (MMM) launched a restructuring program that includes cutting 1,500 jobs and trimmed its full-year EPS outlook to $7.73-$7.78 from $7.73-$7.93 vs. views for $7.77. Q3 EPS rose 3.5% to $2.05, topping by 5 cents. Revenue fell 5.3% to $7.71 bil,...
MMM: 157.21 (-0.40), CAT: 72.99 (+1.02)
Stocks Rise 1%, Led By McDonald's, Other Bellwethers
at Investor's Business Daily - Thu Oct 22, 4:01PM CDT
The major averages rose more than 1% Thursday, closing near their intraday highs, following strong earnings reports from a number of market bellwethers. The Dow Jones industrial average jumped 1.9%, as McDonald's (MCD) and 3M (MMM) soared following...
MMM: 157.21 (-0.40), MCD: 112.25 (-0.37)
3M Rises 4.12% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Oct 22, 3:59PM CDT
3M (NYSE:MMM) traded in a range yesterday that spanned from a low of $150.65 to a high of $157.04. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $151.39 on volume of 5.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MMM: 157.21 (-0.40)
3M Set to Possibly Pullback After Yesterday's Rally of 4.12%
Comtex SmarTrend(R) - Thu Oct 22, 3:59PM CDT
3M (NYSE:MMM) traded in a range yesterday that spanned from a low of $150.65 to a high of $157.04. Yesterday, the shares gained 4.1%, which took the trading range above the 3-day high of $151.39 on volume of 5.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MMM: 157.21 (-0.40)
3M Company (MMM) Earnings Report: Q3 2015 Conference Call Transcript
at The Street - Thu Oct 22, 3:35PM CDT
The following 3M Company (MMM) conference call took place on October 22, 2015, 09:00 AM ET. This is a transcript of that earnings call:
MMM: 157.21 (-0.40)
3M Joins Caterpillar In Restructuring As Dow Gains
at Investor's Business Daily - Thu Oct 22, 3:31PM CDT
Industrial giant 3M (MMM) launched a restructuring program that includes cutting 1,500 positions globally, joining Caterpillar (CAT) as it adapts to weaker overseas growth, while Dow Chemical (DOW) reported strong earnings. St. Paul, Minn.-based 3M...
MMM: 157.21 (-0.40), CAT: 72.99 (+1.02), DOW: 51.67 (+0.77)
3M Company (MMM) Beats on Q3 Earnings, Revenues Down Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 1:45PM CDT
3M Company (MMM) reported earnings of $2.05 per share for third-quarter 2015, beating the Zacks Consensus Estimate of $2.01 and reflecting an increase of 3.5% year over year.
MMM: 157.21 (-0.40), CODI: 16.45 (-0.20), GHM: 16.97 (+0.11), DHR: 93.31 (+0.27)