Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.
Tech stocks were supposed to be the focus of investors this week. But in mid-day trading on July 25, 3M NYSE: MMM stole the spotlight.
While 3M's revenue and earnings slumped, cost cutting is keeping margins high. A proposed settlement related to PFAS chemicals removes a big chunk of uncertainty.
Finance Akiko Fujita, Allie Canal, and Brad Smith discuss the latest stock news for Spotify, 3M, and Disney on July 25, 2023.
3M posted a loss because of "forever chemical" charges, but its adjusted earnings beat forecasts as the firm streamlined operations.

Why 3M Stock Was Climbing Today

02:24pm, Tuesday, 25'th Jul 2023
3M topped estimates on the top and bottom lines. The company took a $10.3 billion charge for PFAS litigation.

Final Trades: 3M, Live Nation, M&T Bank & more

02:04pm, Tuesday, 25'th Jul 2023
The "Halftime Report" traders give their top picks to watch for the second half.
3M (MMM) reports better-than-expected Q2 results despite pre-tax charges of $10.3 billion related to PFAS settlement. The company raises its 2023 earnings guidance owing to cost-control measures.

Wall Street Lunch: Big Bear Spies AI Bubble

01:25pm, Tuesday, 25'th Jul 2023
Is there an AI bubble building in stocks or a cash generating machine? Verizon maintains its full-year earnings forecast.
Markets prepared for a largely flat open on Tuesday as investors waited for the Federal Reserve's next decision. 3M posted sharp losses associated with its proposed PFAS settlement, but it raised its
3M (MMM) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $2.48 per share a year ago.
3M Co (NYSE:MMM) has swung to a second-quarter loss after the company agreed to pay up to $10.3 billion over the next 13 years to settle legal disputes over toxic water contamination in the US. The c
Shares of 3M Co. MMM, -0.06% rallied 3.1% toward a four-month high in premarket trading Tuesday, after the consumer, industrial and health care products company reported second-quarter profit and sale
Deane Dray, RBC Capital, joins 'Power Lunch' to discuss industrial inspection as GE and 3M report earnings tomorrow.
3M might face revenue headwinds in the near term, but is that enough to put its dividend in jeopardy?
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