3M Company (MMM) News
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MMM News Highlights
- MMM's 30 day story count now stands at 31.
- Over the past 22 days, MMM's stories per day has been in a clear uptrend, growing by about 0.47 per 2 days.
- The most mentioned tickers in articles about MMM are DOW, ROSE and EPR.
Latest MMM News From Around the Web
Below are the latest news stories about 3M CO that investors may wish to consider to help them evaluate MMM as an investment opportunity.
COLUMN-3M foes act fast to capitalize on J&J’s talc bankruptcy defeatWhen a U.S. appeals court ruled on Monday that Johnson & Johnson can’t use the U.S. bankruptcy system to offload vast litigation exposure from product liability claims, the people who reacted most quickly were undoubtedly J&J investors. Within hours of the 3rd U.S. Circuit Court of Appeals decision, investors drove J&J’s share price down by nearly 4% -- its biggest one-day decline in years. But another, albeit much smaller, group of people was also roiled by Monday’s ruling from the 3rd Circuit: appellate lawyers who were finishing up friend-of-the-court briefs due on Wednesday in a 7th Circuit appeal by 3M Co that presents issues similar to those in the J&J case. |
3M Investor Raises Concerns About Company LeadershipOne of 3M’s largest investors has raised concerns about Chief Executive Mike Roman’s leadership and questioned whether a change may be needed at the top of the manufacturing giant. |
Target, 3M are top Minnesota companies on Fortune 'Most Admired' listTwelve Minnesota companies made Fortune magazine’s list of the world’s most admired companies. Minneapolis-based Target Corp. and 3M once again scored the highest among Minnesota’s most admired. |
U.S. Jobless Claims Edged Down Last WeekInitial jobless claims fell by 3,000 to a seasonally adjusted 183,000. The proxy for layoffs has trended at low levels this year as large companies announce job cuts. |
Corporate lawsuit dodge imperiled after court rejects J&J bankruptcy tacticAttorney Greg Gordon, a partner at the Jones Day law firm, offered an innovative solution to Johnson & Johnson and other major companies that faced mountains of lawsuits alleging their products sickened or killed people: They could use the bankruptcy system to force all plaintiffs into one settlement. Plaintiffs’ lawyers attacked the gambit, known as the “Texas two-step,” charging it amounted to a bad-faith bankruptcy filing and a fraudulent ploy to shield the parent companies’ assets. Not so, Gordon told judges overseeing bankruptcies testing the novel strategy. |
INSIGHT-Corporate lawsuit dodge imperiled after court rejects J&J bankruptcy tacticAttorney Greg Gordon, a partner at the Jones Day law firm, offered an innovative solution to Johnson & Johnson and other major companies that faced mountains of lawsuits alleging their products sickened or killed people: They could use the bankruptcy system to force all plaintiffs into one settlement. Plaintiffs’ lawyers attacked the gambit, known as the “Texas two-step,” charging it amounted to a bad-faith bankruptcy filing and a fraudulent ploy to shield the parent companies’ assets. Not so, Gordon told judges overseeing bankruptcies testing the novel strategy. |
Low Temperature Sterilization Equipment Market will generate new growth opportunities 2023-2030 | 3M Company, Steris Corporation, Belimed AG, Cantel Medical CorporationLow Temperature Sterilization Equipment Market Size Projections : The global Low Temperature Sterilization Equipment Market was valued at US$ 1,120.1 million in 2022 and is expected to witness a robust CAGR of 10.6% over the forecast period (2023 - 2030). The |
How 3M Shrank the Problem of Bulky VR HeadsetsNORTHAMPTON, MA / ACCESSWIRE / January 31, 2023 / Originally published on 3M News Center"It looks like a shoe box on your face."That''s how one 3M employee described the first VR headsets on the market more than a decade ago.Those early units had a … |
J&J’s Court Loss Weakens Controversial Legal Tactic Used by Big Companies(Bloomberg) -- A courtroom loss by Johnson & Johnson is threatening a legal maneuver developed by a handful of the most profitable companies in the world to fight lawsuits.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointMicrosoft Studio Behind Halo Faces a Reboot on Years of TurmoilNational Archives Releases Records Tied to Trump Classifie |
3M declines (NYSE:MMM)3M (MMM) declined on Monday after an appeals court ruled against Johnson & Johnson (JNJ) in a talc case covering more than 40,000 lawsuits. 3M (MMM) shares were down 2% by 11:44 a.m |