1/30/14 6:30 am CST
- Earnings of $1.62 per share, up 14.9 percent
- Sales of $7.6 billion, up 2.4 percent
- Organic local-currency sales growth of 3.4 percent
- Operating income margins of 20.9 percent, up 1.4 percent year-on-year
- Free cash flow conversion of 131 percent
- Returned $2.1 billion to shareholders via dividends and gross share repurchases
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today reported fourth-quarter earnings of $1.62 per share,
an increase of 14.9 percent versus the fourth quarter of 2012. Sales
grew 2.4 percent year-on-year to $7.6 billion. Organic local-currency
sales grew 3.4 percent, acquisitions added 0.7 percent to sales and
currency impacts reduced sales by 1.7 percent year-on-year. Sales and
per-share earnings were the highest of any fourth quarter in 3M’s
1/27/14 8:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Critical & Chronic Care Solutions Division announced today that the
Centers for Medicare and Medicaid Services (CMS) has assigned
product-specific Healthcare Common Procedure Coding System (HCPCS) codes
for the 3M™ Coban™ 2 Layer Compression System (Cat #2094). The
innovative Coban 2 Layer Compression System is a compression bandaging
system containing two rolls – a comfort layer and compression layer.
The comfort layer has beenmore...
1/27/14 8:00 am CST
SALT LAKE CITY--(BUSINESS WIRE)--Hospital organizations and physician practices can speed ICD-10 code
conversion of electronic health record (EHR) systems with the latest
release of the 3M Code Translation Tool (CTT). The enhanced ICD-10
code translation technology from 3M Health Information Systems can
now be used to convert ICD-9-based custom problem lists into ICD-10
coded problem lists for import back into the EHR system. The new feature
transforms time-consuming, manualmore...
1/24/14 5:23 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced the following investor events:
Fourth-quarter 2013 earnings conference call on Thursday, Jan.
30, 2014, at 8 a.m. CST. The live webcast, press release and
supporting slide presentation will be available on 3M’s Investor
Relations website at http://investor.3M.com.
The earnings call may also be accessed at (800) 762-2596 within the
U.S. or +1 (212) 231-2916 outside the U.Smore...
1/22/14 12:46 pm CST
Canadian libraries gain access to thousands of eBook titles
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Library Systems announces the Canadian launch of the 3M
Cloud Library eBook Lending System. Highly anticipated, this
expansion makes Canada the first country outside of the U.S. to gain
access to the service. 3M Library Systems will discuss the upcoming
expansion at the American Library Association Midwinter Meeting, January
24-28 in Philadelphia, Pa.
Canada’s 3M Cloud Library will offer the same easy-to-use customer
1/22/14 9:00 am CST
New Loose-Fill Insulation Innovation from 3M Mimics Natural Down
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today the launch of 3M Thinsulate Featherless Insulation, a
new loose fill insulation alternative to natural down. This loose fill
alternative is a first for the brand that has been trusted to keep
people warm for more than 30 years.
3M Thinsulate Featherless Insulation was designed to closely mimic the
look and performance of natural down with two times the loft when wet
and without the allergens. The fill is asmore...
1/14/14 8:58 am CST
Align Technology, Inc. (Nasdaq: ALGN) and 3M (NYSE: MMM) today announced that the 3M True Definition scanner has been qualified for use with the Invisalign case submission, which requires an intraoral scanner that can readily capture an accurate full arch digital impression. This qualification will now enable Invisalign providers with a True Definition scanner to submit a digital impression in place of a traditional PVS impression as part of the Invisalign case submission process.
1/13/14 7:30 am CST
3M Aberdeen Plant Named among IndustryWeek’s 2013 Best Plants
ST. PAUL, Minn.--(BUSINESS WIRE)--IndustryWeek has announced that 3M Aberdeen (Aberdeen, S.D.) has
been chosen as one of their “Best Plants of 2013” – an annual salute to
North American manufacturing excellence, now in its’ 24th
year. IndustryWeek’s “Best Plants” competition recognizes
facilities that are on the leading edge of efforts to increase
competitiveness enhance satisfaction and create stimulating and
rewarding work environments.
“3M is committed to themore...
1/7/14 9:00 am CST
Certification validates accelerated detection process for yeast and mold
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety announced today that its new 3M™ Petrifilm™ Rapid Yeast
and Mold Count Plate has received certification (#121301) from the AOAC
Research Institute’s Performance Tested MethodsSM (PTM)
The 3M™ Petrifilm™ Rapid Yeast and Mold Plate was first introduced in
September 2013 as an indicator test that enables the detection of yeasts
and molds in as little as 48 hours, faster than conventional agar
1/6/14 5:08 pm CST
LAS VEGAS--(BUSINESS WIRE)--3M Electronics is exhibiting some
of the company’s industry-leading solutions for the consumer
electronics industry during the 2014 International CES, taking place
Jan. 7-10 in Las Vegas. CES attendees are also invited to get a free 3M
Privacy Screen Protector applied to their iPhone® 4S or iPhone® 5
Tuesday through Thursday, from 11 a.m. to noon (PST) while learning more
about the 3M technologies below at booth number 30459.more...