Tag: Industrial Products

3M to return $10 billion to shareholders, reiterates sales forecast

3M Co said on Wednesday it would return at least $10 billion in cash to shareholders and targeted an operating margin of about 25% by 2027, as the diversified manufacturer benefits from a restructuring under its new CEO.

3M posts fourth-quarter profit above estimates on strong demand

U.S. industrial conglomerate 3M Co on Tuesday reported fourth-quarter adjusted profit above estimates as demand for industrial adhesives, tapes and electronics picked up, sending its shares more than 5% higher in premarket trade.

3M raises profit forecast after quarterly beat on electronics demand

3M Co raised the lower end of its full-year adjusted profit forecast on Tuesday, after strong demand for its electronics and industrial products helped the U.S. conglomerate beat quarterly profit estimates.

Frigoglass: Ενώνει δυνάμεις με Provisiona και Serlusa Refrigerantes

Μειοψηφικό ποσοστό στην εισηγμένη αποκτούν οι δυο ισπανικές εταιρίες. Πώς δομείται το deal, τι αλλάζει στις μετοχικές ισορροπίες. Τι δήλωσε ο πρόεδρος της Frigoglass, Χαράλαμπος Δαυίδ.

Honeywell to buy aerospace and defense firm CAES Systems for $1.9 billion

Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm Advent International, it said on Thursday, to give a boost to the manufacturing giant’s aerospace technologies unit.

3M beats profit estimates on price hikes, cost cuts

U.S. industrial giant 3M Co posted a better-than-expected quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales, sending its shares up nearly 8% in premarket trading.

Frigoglass: Η 15η Ιανουαρίου τελευταία ημέρα διαπραγμάτευσης πριν το reverse split

Η 15η Ιανουαρίου θα είναι η τελευταία ημέρα διαπραγμάτευσης των 356.314.416 κοινών ονομαστικών μετά ψήφου μετοχών της Frigoglass στο Χρηματιστήριο Αθηνών πριν το reverse split, ενώ από 16 Ιανουαρίου παύει προσωρινά η διαπραγμάτευσή τους, σύμφωνα με ανακοίνωση της εισηγμένης.

3M Agrees to Pay More Than $5.5 Billion Over Combat Earplugs

3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the US military defective combat earplugs, people familiar with the deal said.

General Electric to sell over $2 bln stake in GE HealthCare

General Electric Co (GE.N) is offering 25 million of common stock, or an over $2 billion stake, in GE HealthCare Technologies Inc (GEHC.O), according to a regulatory filing on Monday.