The Dow Jones Industrial Average dropped on Thursday as a sharp decline in 3M shares dragged the 30-stock index.
The S&P 500 and Nasdaq Composite fared better than the Dow, as Facebook and Microsoft jumped on strong quarterly numbers. Amazon and Starbucks were among the companies that reported after the bell Thursday, along with Dow member Intel.
Is this a trend or company specific! That's the mil $ ques
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Dow on track for triple-digit loss after worse-than-expected 3M earningsStocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the... Trump economy coming right up!!
Source: MarketWatch - 🏆 3. / 97 Read more »
3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Post-It notes and Scotch tape, is cutting 2,000 jobs around the world That won't stick Are Romy and Michelle safe? I won't be surprised if they have decided to outsource the manufacturing to China😢
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3M Plans to Cut 2,000 Jobs as Its Sales Fall3M said it would cut 2,000 jobs and restructure its sprawling business after demand for its tapes and adhesives fell in China and other important markets. So basically poor management 2,000 jobs worldwide, not in the U.S. alone.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
3M to cut 2,000 jobs globally, slashes its 2019 profit outlook3M on Thursday reported earnings and revenue that badly missed analysts' expectations and cut its full-year forecast.
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3M’s shares on verge of worst day since 1987 stock-market crashShares of 3M Co. plunge toward biggest one-day decline in over 30 years, after the industrial, health care and consumer products company reported missed... Should be an interesting day for amazon Friday if is anywhere close to right
Source: MarketWatch - 🏆 3. / 97 Read more »