7/23/15 6:30 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today reported second-quarter earnings of $2.02 per share,
an increase of 5.8 percent versus the second quarter of 2014. Sales
declined 5.5 percent year-on-year to $7.7 billion. Organic
local-currency sales grew 1.8 percent and foreign currency translation
reduced sales by 7.3 percent year-on-year.
Operating income was $1.8 billion and operating income margins for the
quarter were 23.9 percent, up 1.1 percentage pointsmore...
7/14/15 9:28 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events:
Second-quarter 2015 earnings conference call on Thursday, July
23, 2015, at 8 a.m. CDT. The live webcast, press release and
supporting slide presentation will be available on 3M’s Investor
Relations website at http://investors.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...
7/9/15 9:18 am CDT
SALT LAKE CITY--(BUSINESS WIRE)--A national leader in healthcare delivery innovation and population
health, the State of Minnesota will use data analytics from 3M to help
improve the quality and value of the care provided to Minnesota citizens
served by public health care. The Minnesota Department of Human Services
has selected 3M Health Information Systems as its analytics contractor
to support Minnesota's Integrated
Health Partnership (IHP) demonstration, a groundbreakingmore...
7/9/15 8:35 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--Over 70% of Americans report being bothered by skin sensitivity,
according to new research1 by Nexcare Brand. Today,
Nexcare Brand from 3M announces the Nexcare Sensitive Skin collection,
a new line of first aid products specially formulated for sensitive or
fragile skin. With reliable adhesion and kind removal, these products
offer an option for those with skin sensitivity. Nexcare Sensitive
Skin First Aid Tape, Adhesive Pads and Eye Patchesmore...
6/25/15 3:57 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--As the next step in its ongoing program to license to the dental
industry 3M's patented technologies in various areas of ceramic-based
dental restorations, 3M has filed a patent infringement lawsuit in
Düsseldorf, Germany. On June 23, 2015, 3M filed a patent infringement
lawsuit in Düsseldorf, Germany, against Zirkonzahn Deutschland GmbH
located in Neuler, Germany, and Zirkonzahn SRL located in Gais, South
Tyrol, Italy. The lawsuit allegesmore...
6/24/15 12:12 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--Starting a new life in an unfamiliar country takes a lot of courage. For
Tsehay Woldeyes, coming to the United States meant hope for a more
peaceful life. As a political refugee from Ethiopia, Woldeyes had to
flee her country in 2003 and leave her parents and two young kids
behind. But thanks to the help of 3M’s Legal Affairs team, Woldeyes is
now a passport-carrying U.S. citizen with both her kids beside her.
“Things were very hard formore...
6/23/15 8:00 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to
acquire Capital Safety from KKR for a total enterprise value of $2.5
billion, including the assumption of approximately $0.7 billion of debt,
net of cash acquired. Capital Safety is a leading global provider of
fall protection equipment, one of the fastest-growing safety categories
within the global personal protective equipment industry.
The personal protectivemore...
6/22/15 3:43 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M today named Matthew J. Ginter, treasurer and vice president, Investor
Relations, effective July 1. He will report to Nicholas C. Gangestad,
senior vice president and chief financial officer.
“Matt is an exceptional leader whose financial market experience,
strategic thinking skills and knowledge of the company qualify him well
to lead our treasury and investor relations organizations,” said
A 25-year 3Mmore...
6/22/15 1:30 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Innovative Properties Co. and 3M Korea Ltd. filed a patent
infringement lawsuit on June 19, 2015, in the Seoul Central District
Court against LMS Co. Ltd.
The suit alleges that certain LMS Co. Ltd. light management film package
products, including a light management film package product sold under
the product name of “XLAS,” infringe 3M’s Korean Patent No. 1,074,570
titled "Method for Stacking Surface Structured Optical Filmsmore...
6/19/15 12:06 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--Most book-lovers don’t care whether they get content via print, eBook or
eAudio—they just want to enjoy it; and libraries want to make it easy.
3M Library Systems is always working to make the connections between
print and digital collections more seamless. Now, the company is
unveiling a new integration between the 3M™ SelfCheck QuickConnect
Interface and the 3M™ Cloud Library that will offer a new, easy way for
patrons discover and borrowmore...