Stocks saw a mixed finish Thursday, with the Dow Jones Industrial Average falling triple digits as shares of 3M Co. were routed following disappointing quarterly results. The S&P 500 SPX, -0.04% lost around 1 point to end near 2,926, virtually flat on the day, according to preliminary figures, while the Nasdaq Composite COMP, +0.21% rose around 17 points, or 0.2%, to end near 8,119.
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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!!
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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 »
Stocks set for subdued action as quartet of Dow components delivers earningsU.S. stock-index futures on Tuesday edge lower ahead of a barrage of quarterly results, including blue-chip consumer-focused companies, Coca-Cola Co., and Procter & Gamble Co., which investors will pore over to glean the health of American corporations.
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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😢
Source: CNN - 🏆 4. / 95 Read more »
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 »
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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