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3M Co. Q1 adjusted earnings of $2.77 per share MAPLEWOOD (dpa-AFX) - 3M Co. (MMM) reported earnings for its first quarter that increased from last year. The companys earnings came in at $1.62 billion, or $2.77 per share. This compares with $1.31 billion, or $2.25 per share, in last years first quarter. Excluding items, 3M Co. reported adjusted earnings of $1.62 billion or $2.77 per share for the period. The companys revenue for the quarter rose 9.5% to $8.85 billion from $8.08 billion last yea...

MARKET SNAPSHOT FOR 28/04/2021 NASDAQ-Adv: 2,553 Dec: 700 NYSE-Adv: 3,038 Dec: 897(Source: Nasdaq) Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights. Electric-car maker Tesla Inc dropped 4.5% after its quarterly results late on Monday fell short of some investors’ expectations, with its revenue beat largely supported by sales of ...

BusinessWall Street ends mostly flat ahead of earnings wave Noel RandewichKrystal Hu 1/2 Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermid Read More Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights. Electric-car maker Tesla Inc (TSL...

3 Min Read (Reuters) - Tepid results from Tesla and 3M weighed on Wall Street on Tuesday as investors focused on an approaching wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights. Slideshow ( 2 images ) Electric-car maker Tesla Inc dropped 3% after its quarterly results late on Monday fell short of some investors’ expectations, with its revenue beat largely supported by sales of environmental credits and selling bitcoin, rather than vehicle sales. Microsoft Cor...

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Wall Street dips as Tesla, 3M weigh; big tech earnings in focus By Medha Singh and Sruthi Shankar Reuters (Reuters) -Lackluster results from Tesla and 3M dragged Wall Streets main indexes lower on Tuesday, shifting investor focus to earnings from big technology companies, including Microsoft and Alphabet, later in the day. Electric-car maker Tesla Inc dropped 3%, weighing on the S&P 500 and the Nasdaq, as its revenue beat was largely supported by sales of environmental credits and bitcoin liqui...

by Tyler Durden Tuesday, Apr 27, 2021 - 08:31 AM While we wait for the days main earning highlight, Q1 reports from Microsoft and Google both due after the close, its been a busy morning with some of the most prominent companies reporting earnings in the premarket. Below we summarize some of the biggest market movers: United Parcel Service (UPS): Adj. EPS 2.77 (exp. 1.72), Revenue 22.9bn (exp. 20.49bln). UPS soared 8.1% in premarket trading after reporting stellar results including adjusted ear...

3M stock drops despite earnings beat, as cost inflation seen taking a bigger bite out of profits Shares of 3M Co. sank 2.4% in afternoon trading, enough to pace the Dow Jones Industrial Average’s decliners, even as the consumer, health care and industrial products company reported first-quarter profit and revenue that beat expectations. The stock’s $4.81 price decline was shaving about 32 points off the Dow’s price, while the Dow was up 7 points, or less than 0.1%. Investors may be concer...

Tech stocks retreat with megacap earnings in focus Vildana Hajric and Kamaron Leach, Bloomberg News BNN Bloombergs closing bell update: April 27, 2021 VIDEO SIGN OUT U.S. technology stocks fell as investors turned their attention to a batch of earnings from industry heavyweights that have helped drive the market to all-time highs. The Nasdaq 100 dropped for the first time in three sessions, weighed down by declines in tech heavyweights including Tesla Inc. and Alphabet Inc. The S&P 500 ...

Read more about 3M profit jumps on pandemic-driven demand for personal safety products on Business Standard. The US conglomerate makes N95 face masks