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Why 3M Stock Jumped Today

12:28pm, Tuesday, 12'th Mar 2024
Bill Brown will replace Michael Roman as CEO. 3M is preparing to spin off its healthcare unit.

3M rises on appointment of William Brown as CEO

11:21am, Tuesday, 12'th Mar 2024
3M Co (NYSE:MMM) shares moved higher on Tuesday after the manufacturer announced the appointment of William M. Brown as its new CEO.
3M is a deep-value stock in turnaround mode. Management may need to bite the bullet and cut the company's dividend.
Industrial firm 3M announced that former L3Harris CEO Bill Brown would succeed Mike Roman as CEO on May 1.
In the most recent trading session, 3M (MMM) closed at $94.05, indicating a +0.16% shift from the previous trading day.
3M's (MMM) board approves the separation of its health care unit into a separate public company. The spun-off entity is set to be renamed as Solventum Corporation.
3M (MMM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
RBC cut its price target on 3M stock to $84 last week. 3M is spinning off Solventum, and 10% of its annual income with it.
"Dividend Aristocrats in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years." - Kiplinger.com/Investing. 67 Aristocrats, screened as of March 6, 2024, r
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High-yield dividend stocks, on balance, have a history of delivering market-beating returns. 3M and Verizon are two of the highest-yielding stocks in the Dow Jones.
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3M (MMM) reachead $92.69 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
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It operates through three segments: Bedding, Specialized Products Furniture, Flooring Textile Products The company offers Steel rods, drawn wires, foam chemicals, and additives Innerspring, specialty
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