The Latest Breaking News from 3

Someone with a lot of money to spend has taken a bullish stance on 3M (NYSE:MMM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial…

Filing bankruptcy protection for its Aearo earplug subsidiary does not exempt 3M from 230,000 earplug lawsuits, a federal bankruptcy judge ruled Friday.

The Environmental Protection Agency wants to include two common ‘forever chemicals’ in Superfund law

Is the bankruptcy filing of a small 3M subsidiary — Aearo Technologies — a legitimate move to shield itself from crippling liabilities for allegedly defective military earplugs?

Thousands more residents outside the original contamination zone may be drinking tainted water

In 2008, 3M announced the acquisition of Aearo Technologies with the ballyhoo befitting a $1.2 billion deal.

Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading.

The Nasdaq opened down 1.2% and slid further down for a total of 1.9% at market close.