Advances in education, innovation and quality of life, catapulted this state to 1st place in CNBC's annual Top States for Business ranking.» Read More
ST. PAUL, Minn.— 3 M is buying safety equipment maker Capital Safety from KKR for about $1.8 billion as demand for protective gear grows. 3 M Co., which makes Post-it notes and other products, said Tuesday that increasing demand for worker safety in developing countries is driving sales of equipment. 3 M is based in St. Paul, Minnesota.
*Greece's aid could be extended till year-end- report. *Fitbit shares soar in IPO debut. June 18- The Nasdaq Composite index surpassed the 15- year all-time high it set during the peak of the dotcom bubble as more data on Thursday showed the U.S. economy was gathering steam.
*Fitbit shares soar in IPO debut. June 18- The Nasdaq Composite index surpassed the 15- year all-time high it set during the peak of the dotcom bubble on Thursday as more data showed the U.S. economy was gathering steam. Fed Chair Janet Yellen reiterated that the central bank remains data-dependent, which could prompt investors to keep a sharper eye on economic...
*Fitbit shares soar in IPO debut. June 18- Wall Street jumped in late morning trading with the Nasdaq less than a point short of its all-time high after strong data suggested that the economy is improving and the Federal Reserve hinted that it will go slow with the pace of an interest rate hike. The Nasdaq topped its 52- week high on April 27 and was just shy of its...
The market knew it would be ugly. Now, it's clear just how much havoc the strong dollar is wreaking on corporate America.
ST. PAUL, Minn., June 1- At a time when many companies are investing a smaller portion of revenues in research and development, 3 M Co has given Chief Technology Officer Ashish Khandpur more to spend, and he is aiming at bigger targets. Khandpur, a 20- year 3 M veteran and chemical engineer who holds patents related to pressure-sensitive adhesives, is helping oversee a...
Legendary trader Laszlo Birinyi sees all the bearish talk from his peers and the media and takes the opposite view.
Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.
The Dow hit a fresh all-time high on Monday morning. But the big milestone could come later this year.
To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.
U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.
U.S. stocks closed near highs, with the Nasdaq at a record, as investors cheered corporate reports.
April 23- For two years, 3 M Co has been among the best bets in industrial stocks, with analysts swooning over its financial performance and desire to return cash to shareholders. St Paul, Minnesota- based 3 M generates more than 60 percent of its sales outside the United States. Excluding currency swings, 3 M's revenue growth of 3.3 percent trailed some analysts'...
*Pepsi, P&G, 3 M blame strong dollar for missing estimates. *Texas Instruments slump pulls down chipmakers. Both Brent and U.S. crude futures rose more than 3 percent on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen.
The big story for earnings season is continuing to play out: The strong dollar is notably affecting revenues for multinationals.
April 23- U.S. manufacturer 3 M Co posted a 0.7 percent decline in quarterly net income on Thursday and cut its full-year profit forecast as the strong dollar bites into sales more than it previously projected. 3 M shares, which have outperformed industrial rivals since 2014, fell 3.3 percent to $159.24 in morning trading on the New York Stock Exchange.
*Pepsi, P&G, 3 M blame strong dollar for missing estimates. Business activity slowed more than expected in the euro zone this month while manufacturing in Asia's top two economies hit the brakes, suggesting the global recovery path is less clear than policymakers are predicting. The fall in European stock markets and the weaker PMI numbers across the board had...
April 23- U.S. stocks opened lower on Thursday, pressured by soft data out of Europe and China, while companies such as Procter& Gamble and 3 M joined others in issuing disappointing forecasts.
*Pepsi, P&G, 3 M blame strong dollar for missing estimates. April 23- U.S. stocks were set to open lower on Thursday weighed by soft data out of Europe and China, while companies such as Procter& Gamble and 3 M joined others in issuing disappointing forecasts. The fall in European stock markets and the weaker PMI numbers across the board dragged futures lower on Wall...
U.S. stock index futures pointed to a lower open Thursday, with Wall Street jittery ahead of day crammed with major corporate earnings.