Tag: Machinery

Deere Earnings Smash Wall Street Estimates. Here’s Why the Stock Is Falling.

Deere crushed Wall Street’s earnings estimates and increased fiscal-year financial guidance. The stock, however, was down. Current results were great, but investors are worried about whether the current phase of rising demand for agricultural equipment is over.

3M raises full-year profit forecast on higher prices, cost-cut measures

July 25 (Reuters) – U.S. industrial conglomerate 3M Co (MMM.N) on Tuesday raised its full-year profit forecast, benefiting from higher prices and cost-cut measures including significant layoffs.


3M reaches $10.3 billion settlement over contamination of water systems with ‘forever chemicals’

Chemical manufacturer 3M Co. will pay at least $10.3 billion to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds used in firefighting foam and a host of consumer products, the chemical manufacturer said Thursday.