The Latest Breaking News from 3M Co

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. September E-mini S&P futures (ESU25 ) are up +0.12%, and September E-mini Nasdaq futures...

China's high-speed rail progress will take center stage at the US-China Rail Transit Industry Roundtable in Beijing, where U.S. firms like Westinghouse Air Brake Technologies Corp (NYSE:WAB), Caterpillar (NYSE:CAT), Cummins (NYSE:CMI), L B Foster Co (NASDAQ:FSTR) and 3M Co. (NYSE:MMM) will participate.

3M Co (NYSE:MMM) has agreed to sell its rights to the Neoplast and Neobun brands and related assets in Thailand and certain other Southeast Asia countries, including the manufacturing assets of its Ladlumkaew facility, to Selic Corp Public Company Limited. Financial terms not disclosed. Neoplast and Neobun products are part of the Skin…

Industrial conglomerate 3M Co said on Friday it will exit its Neoplast and Neobun brands in Thailand and some other Southeast Asian countries, and sell manufacturing assets at its Lat Lum Kaeo plant, as part of its strategic portfolio management.

Morgan Stanley analyst Joshua Pokrzywinski downgraded 3M Co (NYSE:MMM) to Underweight from Equal Weight and lowered the price target to $150 (a downside of 3.7%), from $185. Pokrzywinski says while 3M's fundamentals are improving, growth is still insufficient when weighed against potential liabilities around PFAS and ear protection. Based on judgments thus far, the analyst…