The Minnesota Zoo has added new members to their family. Ten African penguins were hatched in the 3M Penguins of the African Coast exhibit in November and December of 2013. The juvenile penguins, four male and six female, were presented to the public Friday morning.
3M says its fourth-quarter earnings jumped more than 11 percent, fueled in part by a revenue gain from the Post-it note maker’s industrial business. Its earnings topped expectations, but its revenue was short, and its shares slipped in midday trading Thursday.
The University of Minnesota is recruiting students for a new master’s program in medical device innovation. The program is under the Technological Leadership Institute, part of the university’s College of Science and Engineering.
3M is raising its quarterly dividend by 35 percent, sending its share price higher in premarket trading. The company, which makes items including Post-it notes, reflective coatings for signs, and glues and adhesives, said it is raising its dividend to 85.5 cents per share from 63.5 cents per share.
3M Co. says its third-quarter net income rose 6 percent, beating Wall Street predictions. The company, which makes items including Post-it notes, reflective coatings for signs, and glues and adhesives, earned $1.23 billion, or $1.78 per share, up from $1.16 billion, or $1.65 per share, in the same quarter of 2012.
A very visible protest hung over the Mississippi River Monday in Minneapolis. The conservation group ForestEthics hung a giant 40-foot post-it note from the Washington Avenue Bridge. The group is protesting what it calls 3M’s link to the destruction of endangered forests worldwide.
It’s a source of pride for many Minnesotans – the number of Fortune 500 companies that call Minnesota home. “We live in an amazing state, so I thought a big percentage were here,” said Diane Anderson, of Minneapolis.
3M Co., which makes a wide range of items including Scotch tape, reflective coatings for signs, and medical products, said on Thursday that its net income rose 2.6 percent as revenue grew across most of its businesses.
Washington lawmakers are touring the country to get input on reforming the tax code. The tour kicked off in Minnesota Monday morning as Rep. Dave Camp and Sen. Max Baucus talked to employees at 3M and Baldinger Bakery in St. Paul.
The 3M Championship is not just about the men this year. Three of the top women’s golfers in history are scheduled to play in an event that’s part of the Champions Tour top at the TPC Twins Cities July 29-Aug. 4.
The Minnesota Department of Health is releasing the results of their study on Perfluorochemical levels in the eastern Twin Cities metro area.
3M said Thursday its first-quarter profit barely rose as it faced weaker demand. It cut its profit guidance for the full year.
Office products makers 3M Co. and Avery Dennison Corp. said Friday that they have resolved patent infringement lawsuits filed against each other related to certain reflective sheeting products used on traffic signs, pavement markings and other traffic control products.
It’s been more than five years since we’ve seen the Dow at such high levels, but most of us don’t feel like celebrating.
3M, which makes Post-it notes, industrial products, and construction materials, says its fourth-quarter net income rose 3.9 percent as growing profits in health care and consumer goods offset declines in other areas.