3M stock jumps after BofA backs away from bearish call
3M's stock jumped Tuesday after BofA Securities recommended investors stop selling ahead of earnings.
Source: marketwatch.com
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3M Debt Downgraded by Moody's. No One Was Surprised.
Moody's lowered its rating on 3M senior unsecured debt to A2, the middle of its investment-grade range.
Source: marketwatch.com
3M announces $10 billion-plus settlement in 'forever chemical' cases involving drinking water
The deal would compensate water providers for pollution with per- and polyfluorinated substances, known collectively as PFAS.
Source: pressherald.com
3M's $10.3 billion "forever chemicals" settlement is also an armor against future lawsuits
3M will pay at least $10.3 billion to settle claims over the dumping of so-called forever chemicals in drinking water supplies across the US. The legal bill slapped on the company, infamous for creating the chemical C8 for Scotchgard, will cover not just existing claims but also future ones by municipal water authorities over per-and polyfluoroalkyl substances, known as PFAS.
Source: yahoo.com
3M's $10.5 billion PFAS settlement shields from future lawsuits
It would take an estimated $400 billion to remove PFAS from drinking water nationwide
Source: qz.com