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3M Co

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  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • Investors were looking ahead to the start of a two-day round of Congressional testimony by Federal Reserve Chair Janet Yellen. "The markets are in a holding pattern," said Erik Davidson, chief investment officer of Wells Fargo Private Bank. "We'll have some very interesting information coming up from Janet Yellen tomorrow and Wednesday, so the markets are...

  • Asahi Kasei to spend $2.2B on Polypore Intl business Monday, 23 Feb 2015 | 8:38 AM ET

    Japan's Asahi Kasei Corp. will pay $2.2 billion to buy the energy storage business of Polypore International after Polypore sells a separate segment of its operation to 3 M Co. for $1 billion. Polypore International Inc., which is based in Charlotte, North Carolina, and Asahi Kasei said Monday that the combination of their lithium-ion battery separator...

  • Ford Motor Co, wrote off its entire investment in Venezuela last month when it took an $800 million pre-tax write down, the company said in response to questions from Reuters. That means no matter how much worse things get in Venezuela it shouldn't have to take further impairment charges. The slow torture of operating in Venezuela led PepsiCo to report last week a...

  • BOSTON, Feb 13- A massive effective devaluation of Venezuela's bolivar currency will likely badly dent 2015 earnings at a swath of major U.S. companies. Currently those assets are valued based on the main official rate of 6.3 bolivars to the dollar, or a second rate at 12 bolivars. Some companies, such as diapers and tissue maker Kimberly-Clark Corp, had recently...

  • 3 M CO MAY NEED TO DECONSOLIDATE OPERATIONS IN VENEZUELA BECAUSE OF CURRENCY EXCHANGE DIFFICULTIES- 3 M ANNUAL REPORT.

  • Cramer Remix: It's time to invest in this Thursday, 5 Feb 2015 | 7:16 PM ET

    “Mad Money” host Jim Cramer makes a bold call on where it’s time to move money now.

  • Cramer: Buy these US stocks on Europe's next drop Thursday, 5 Feb 2015 | 6:11 PM ET
    Greek Finance Minister Yanis Varoufakis, right, speaks as German Economy Minister Sigmar Gabriel looks on during a press conference after a meeting in Berlin, Feb. 5, 2015.

    With Greece causing turmoil in Europe, Jim Cramer cannot ignore the upside potential for these U.S. stocks.

  • Chevron earnings, revenue beat expectations Friday, 30 Jan 2015 | 8:42 AM ET
    Technicians prepare an oil drilling rig to be used at Vaca Muerta Shale oil reservoir in Loma Campana. YPF has an agreement with US Chevron to exploit Vaca Muerta.

    Chevron reported fourth-quarter earnings and revenue that beat analysts' expectations on Friday.

  • Cramer: What lurks behind these market selloffs Thursday, 29 Jan 2015 | 6:20 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Jim Cramer wants to prepare investors for the next market nosedive. You'd be surprised at the cause!

  • US earnings: 'Tech to the rescue'  Thursday, 29 Jan 2015 | 5:00 AM ET

    Caterpillar and 3Ms' poor earnings performance "spooked investors", however tech and healthcare are expected to save the earnings season, says Christine Short, senior vice president at Estimize.

  • Cramer: Avoid the whiners, Apple wasn't crying! Tuesday, 27 Jan 2015 | 6:12 PM ET

    Wine is for drinking! Not for companies to complain. Jim Cramer advises sticking with domestic winners.

  • *Apple, P&G, Stryker also see headwinds. NEW YORK, Jan 27- A slew of U.S. multinational companies, from DuPont to Procter& Gamble, showed that a strong U.S. dollar hurt their earnings, and several blue-chip exporters said the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors, including industrial companies such as 3 M Co,...

  • *Apple also at risk; Microsoft shares plummet on currency concern. NEW YORK, Jan 27- A slew of U.S. multinational companies from DuPont to Microsoft Corp showed that a strong U.S. dollar is hammering their earnings, with several blue chip exporters predicting the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors...

  • Multinational earnings hit hard by strong dollar Tuesday, 27 Jan 2015 | 10:31 AM ET

    The impact has crossed sectors, ranging from industrials to technology, affecting companies that garner a large portion of their sales from outside the United States. United Technologies, which gets about 62 percent of its sales from outside the United States, cut its 2015 full-year outlook due to the negative impact from the stronger dollar, sending its...

  • 3M tops 4Q profit forecasts Tuesday, 27 Jan 2015 | 9:15 AM ET
    A man wearing a 3M mask in Beijing

    3M on Tuesday reported fourth-quarter profit of $1.18 billion.

  • Dow futures off nearly 300 points after data miss Tuesday, 27 Jan 2015 | 9:05 AM ET
    A line of snow plows prepares to battle the blizzard on Lexington Ave in New York City on Jan. 26, 2015.

    U.S. stock index futures signaled a sharply lower open as major U.S. corporates missed fourth quarter earnings expectations.

  • Jan 27- 3 M Co, the maker of adhesives and abrasives including Post-it notes, reported a lower-than-expected 2 percent rise in quarterly revenue, hurt by a stronger dollar. The effect was most marked in Europe, Middle East and Africa, where 3 M's sales fell 6.4 percent. Net income attributable to 3 M rose to $1.18 billion, or $1.81 per share, in the fourth quarter ended...

  • Early movers: FB, MSFT, PG, PFE, CAT & more Tuesday, 27 Jan 2015 | 7:57 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • 3M profit rises 7 pct, reaffirms 2015 targets Tuesday, 27 Jan 2015 | 7:50 AM ET

    Jan 27- 3 M Co, the maker of Scotch tape and Post-it notes, reported a 7 percent increase in fourth-quarter profit as sales rose across its businesses and the company reaffirmed financial targets for 2015.. The company said net income attributable to 3 M rose to $1.18 billion, or $1.81 per share, in the fourth quarter ended Dec. 31, from $1.10 billion, or $1.62 per share, a...