The Latest Breaking News from 3M Company

3M’s (MMM) restructuring measures are expected to benefit the business in the long run. Analysts expect its revenue and EPS to increase. But given its stock's stretched valuation and poor financials, will it be wise to bet on the stock now? Read on to learn our view.

Industrial firms warned against China's strict COVID-19 curbs, intensifying supply chain disruptions and rising uncertainty about the business outlook, Reuters reports. Even as companies shuffled to keep up with soaring costs of everything from labor to raw materials, the Russian invasion of Ukraine and related Western sanctions drove up energy prices.…

3M Company's (NYSE:MMM) short percent of float has fallen 3.09% since its last report. The company recently reported that it has 9.03 million shares sold short, which is 1.57% of all regular shares that are available for trading.

3M Company is a popular value stock given its strong free cash flow and cheap valuation. Moreover, investors shorting out-of-the-money MMM puts are making good income with high yields.