MMM

3M refined its previous guidance and now expects that 2011 full-year earnings will be in the range of $6.10 to $6.25 per share versus a prior expectation of $6.05 to $6.25 per share. Included in this estimate is a $0.22 per share

3M (NYSE:MMM) reported Q2 EPS of $1.60, in line with the analyst estimates. Revenues in the quarter rose 14.1% to $7.68 billion, better than consensus estimates of $7.60 billion.

The increased capacity, at plants in Korea, Taiwan, China, and Singapore, support the growth of consumer electronic devices such as smart phones, tablets, touch displays and e-readers.

3M's OCAs are used in most of today's most popular mobile devices for enhancing the user's view, aesthetics, and appearance.

3M (NYSE:MMM) announced today that it has increased its global manufacturing capacity of its Optically Clear Adhesives (OCAs) at multiple locations throughout Asia.

Think that the axis of American ingenuity lies squarely in sun-drenched California? Think again, and direct your gaze at an unremarkable corporate park in the icy reaches of Minnesota, the article continues.

3M's (MMM) innovation machine launched 1,300 products last year. With sales and profits rising and the company's footprint in emerging markets growing, the stock looks like a buy, says a cover story in this week's Barron's.

MMM hopes to penetrate the growing market for testing paints for lead in older houses and commercial buildings to meet new Environmental Protection Agency (EPA) regulations.

The acquisition is also expected to complement MMM's paint preparation, tape and safety businesses, and will help expand the company's paint products portfolio, the company said.

Shares are up 0.32% to $92.63.

3M (MMM) today announced that it has purchased Hybrivet Systems, a private company that provides instant-read products that detect lead and other contaminants. Terms of the transaction were not disclosed.

The agreement, the second entered into by the two companies since Dec. 2010, builds upon their initial partnership and extends the distribution of Sage's leading infection prevention products into other markets.

It will also enable expansion into international markets of initiatives that both companies will collaborate on, the companies said.

Shares of MMM are up 0.33% to $92.10.

The Infection Prevention Division of 3M (MMM) has announced that it has entered into an agreement to represent sales of Sage Products in select international locations.

The board also authorized the repurchase of up to $7 billion of the company's outstanding common stock.

George W. Buckley, 3M chairman, president and CEO: "Today's announcement reflects the strength of our business model and our confidence in the future.

3M's (NYSE:MMM) board of directors declared a dividend on the company's common stock of $0.55 per share for Q1 of 2011, which is a 5% increase over the dividend paid in 2010, according to a Bloomberg report.

The bank sees 2011 EPS of $6.25 and 2012 EPS of $7.00.

Shares of the company are currently trading 1.22% higher at $89.58.

Morgan Stanley raised its price target for 3M (NYSE:MMM) to $105 from $101 and maintained its overweight rating on the stock.

Get ready for a big day of Earnings reports and Economic Data. before the market opens, expect to see Corning, 3M AK Steel, Verizon, Johnson & Johnson, US Steel, EMC, Travelers. After the Close, look for Juniper Networks and Y

The company noted strong sales momentum going into 2011 and said it now sees full-year EPS of $6.17-$6.42, up from $6.17-$6.37 and vs. Street estimates of $6.14. 3M also said it sees double-digit sales growth in 2011, vs. an estim

3M (NYSE:MMM) reported Q4 EPS of $1.28, a penny better than the $1.27 analysts were expecting. Revenue rose 9.6% year-over-year to $6.71 billion, besting consensus estimates of $6.62 billion.