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Kavango Resources makes management changes
Proactive68d agoneutral
Kavango Resources makes management changes

Kavango Resources PLC (LSE:KAV, OTC:KVGOF) said it is reshaping its board and senior management team as the Southern Africa-focused metals explorer and gold producer prepares for its next phase of development. Peter Wynter Bee, currently interim chief executive and non-executive chairman,...

Forever Chemicals Bite 3M Stock Again After Australia Sues
Barrons.com69d agoneutral
Forever Chemicals Bite 3M Stock Again After Australia Sues

Shares of 3M were lower in midday trading on Thursday after the Australian government sued the company for compensation over so-called forever chemicals, PFAS. 3M stock was down 2.2% at $151.75, while the and were up 0.6% and flat, respectively. The dip came as the Australian government sought $1.4 billion in damages arising from the use of PFAS used in firefighting foam at defense bases.

3M Joins AI Optics Alliance As Shares Screen Undervalued
Simply Wall St.75d agoneutral
3M Joins AI Optics Alliance As Shares Screen Undervalued

3M (NYSE:MMM) has joined a multi source agreement with major technology companies to standardize expanded beam optical connectivity for AI infrastructure. The alliance includes firms such as AMD, Cisco, Meta, and Oracle, and targets open, interoperable specifications for hyperscale data centers. The agreement focuses on accelerating deployment of next generation optical interconnects that support robust, scalable AI systems. For investors watching NYSE:MMM, this move comes with the stock...

CEOs Are Getting Ruthless About Worker Performance
Bloomberg77d agoneutral
CEOs Are Getting Ruthless About Worker Performance

(Bloomberg) -- The way Unilever Plc Chief Executive Officer Fernando Fernandez starts every meeting at the consumer products maker says a lot about the mindset of corporate bosses who fear their companies have lost their edge.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensTrump Thre

If You Have $480,000 Saved at 67 and Just Sold a Restaurant for $1.1 Million Cash, Here Is the Income Plan That Actually Holds
24/7 Wall St.82d agoneutral
If You Have $480,000 Saved at 67 and Just Sold a Restaurant for $1.1 Million Cash, Here Is the Income Plan That Actually Holds

After 22 years, a couple sold their restaurant and suddenly found themselves staring at a very different balance sheet. The sale dropped $1.1 million in cash onto the table, adding to the $480,000 already sitting in a SEP-IRA. On paper, that looks like roughly $1.58 million in investable assets before taxes enter the chat like ... If You Have $480,000 Saved at 67 and Just Sold a Restaurant for $1.1 Million Cash, Here Is the Income Plan That Actually Holds

3M’s AI Data Center Push Raises Questions On Value And Execution
Simply Wall St.83d agoneutral
3M’s AI Data Center Push Raises Questions On Value And Execution

3M (NYSE:MMM) has joined an industry coalition to establish open standards for expanded beam optical connectivity in AI data centers. The company is participating in a multi-source agreement alongside major technology firms to define interoperable specifications for next generation AI infrastructure. For a company best known for materials, electronics and industrial solutions, this move puts 3M closer to the core plumbing of AI data centers. Open, interoperable optical connections can...

Is It Time To Reassess 3M (MMM) After PFAS Settlement And Restructuring Efforts?
Simply Wall St.96d agobearish
Is It Time To Reassess 3M (MMM) After PFAS Settlement And Restructuring Efforts?

If you are wondering whether 3M at around US$146.52 is a bargain, fully priced, or somewhere in between, it helps to break the story into clear valuation checks rather than just scanning the share price chart. The stock has returned 1.2% over the last 7 days and 0.9% over the last 30 days, with a year to date return of 9.5% decline and a 1 year return of 8.2%. This points to a mix of shorter term softness and longer term recovery, alongside a very large 3 year return and a modest 5 year...

RBC Capital Markets Sees Limited Upside in 3M (MMM), Maintains Underperform Rating
Insider Monkey96d agobearish
RBC Capital Markets Sees Limited Upside in 3M (MMM), Maintains Underperform Rating

3M Company (NYSE:MMM) is included among the 10 Innovative Dividend Stocks to Buy Right Now. On April 22, RBC Capital Markets analyst Deane Dray lowered the firm’s price target on 3M Company (NYSE:MMM) to $133 from $134 and kept an Underperform rating on the shares. The analyst said the company delivered a modest and low-quality […]

A $1,000 Investment in These Former Dividend Aristocrats 10 Years Ago Is Worth How Much Today?
24/7 Wall St.98d agoneutral
A $1,000 Investment in These Former Dividend Aristocrats 10 Years Ago Is Worth How Much Today?

Two Aristocrats That Stumbled Off the Pedestal For decades, AT&T (NYSE: T) and 3M (NYSE: MMM) were the kind of stocks retirees built portfolios around. Both raised dividends every year for decades. Both lost their crowns through messy corporate breakups. AT&T’s media detour ended badly. After buying DirecTV and Time Warner, the company spun WarnerMedia ... A $1,000 Investment in These Former Dividend Aristocrats 10 Years Ago Is Worth How Much Today?