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3M Reports Earnings Per Share of $1.53

by on Oct.28, 2010, under Towing

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier.

Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now represent 34% of the company’s worldwide sales.

“The 3M team posted yet another outstanding quarter, with 11 percent organic volume growth and 23…

Continue reading 3M Reports Earnings Per Share of $1.53

3M Reports Earnings Per Share of $1.53 originally appeared on DailyFinance on Thu, 28 Oct 2010 09:02:00.

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Week in Preview: The Earnings Crunch Continues

by on Oct.24, 2010, under Towing

Earnings season

Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to post losses are Office Depot and Sprint Nextel.

Continue reading Week in Preview: The Earnings Crunch Continues

Week in Preview: The Earnings Crunch Continues originally appeared on DailyFinance on Sun, 24 Oct 2010 19:25:00.

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3M’s M&A Mania Continues With $810 Million Deal for Arizant

by on Sep.09, 2010, under Towing

3M is hungry for deals. Last month it bought Cogent and Attenti, and today it announced its purchase of Arizant for $810 milllion. It’s deal-making may be a good sign for corporate America.

Continue reading 3M’s M&A Mania Continues With $810 Million Deal for Arizant

3M’s M&A Mania Continues With $810 Million Deal for Arizant originally appeared on DailyFinance on Thu, 09 Sep 2010 07:00:00.

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