That's what 3M Co.'s CFO Monish Patolawala said at the J.P. Morgan Industrials Conference in New York, according to a transcript provided by AlphaSense.
More than 200,000 military service members and veterans are suing 3M claiming its Combat Arms earplugs failed to protect them.

What Led To A 40% Fall In 3M Stock Since 2019?

08:00am, Wednesday, 15'th Mar 2023
The recent fall of 3M stock can be attributed to a handful of factors, including litigation involving faulty earplugs, a downbeat Q4, and a guidance miss for 2023, as discussed below Looking at the lo
Shares of 3M Co. MMM, which have now made sharp intraday reversals to trade lower for a fourth-straight session, were headed for the lowest close in 10 years. The consumer, industrial and healthcare p
Dividend growth investing is a great way to generate passive income. When there is market uncertainty, the right way to park your funds is in dividend stocks since they keep your money safe and will

Is 3M's Dividend Safe?

10:22am, Tuesday, 14'th Mar 2023
Litigation costs, exiting PFAS production and usage, and other corporate costs drain cash. The company's dividend cover is starting to look challenging.

The 4 Dividend Aristocrat Buys For March

03:36pm, Friday, 10'th Mar 2023
"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 8, 2023, repre
The Dividend Harvesting Portfolio is now generating $813.94 in annual dividends, yielding 7.69%. The Dividend Harvesting portfolio has a 71.43% record of finishing the week in the black since its ince

3 Must-Buy Income Champs as Fed Rates Head to 5%

08:33am, Wednesday, 08'th Mar 2023
When the U.S. central bank raises interest rates and keeps them elevated, investors should position toward must-buy income stocks to buy. Risk-free cash invested in various funds will pay close to the

2 March Dogs Of The Dow To Buy, 4 More To Watch

08:01am, Wednesday, 08'th Mar 2023
"The Dow [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration." �

High Yield Stock Watchlist: March 2023

10:00am, Tuesday, 07'th Mar 2023
There are 17 stocks on my high-yield watchlist for March 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.
Stocks that pay out a quarterly dividend usually pay in cash. Income investors seek out stable dividend stocks to collect dividend payments.
Fortune Magazine February/March 2023 Issue listed 50 World's Most Admired (WMA) companies based on a poll of "some 3,760 corporate executives, directors, and securities analysts." Acclaim from the wid

3M Company And Its Real Value

03:52pm, Friday, 03'rd Mar 2023
3M Company is experiencing increased competition, and a deteriorating ability to maintain pricing power. While 3M Company earnings have steadily marched higher, share price has moved in the opposite d
The struggling industrial conglomerate's management will be judged on its profit margin performance in 2023.
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