Advertisement
Singapore markets close in 4 hours 48 minutes
  • Straits Times Index

    3,286.85
    -0.90 (-0.03%)
     
  • Nikkei

    37,931.27
    +302.79 (+0.80%)
     
  • Hang Seng

    17,621.81
    +337.27 (+1.95%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,246.91
    +134.48 (+0.21%)
     
  • CMC Crypto 200

    1,389.80
    +7.23 (+0.52%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,346.70
    +4.20 (+0.18%)
     
  • Crude Oil

    83.80
    +0.23 (+0.28%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,574.20
    +4.95 (+0.32%)
     
  • Jakarta Composite Index

    7,118.38
    -36.91 (-0.52%)
     
  • PSE Index

    6,567.87
    -7.01 (-0.11%)
     

3 Questions That 3M Needs to Answer

With the second quarter having come to a close, it's time to look at what industrial giant 3M (NYSE: MMM) might report in its results and what investors can expect for the rest of the year from the company. The company continues to face a challenging year, and as discussed previously, I don't think the 4.6% dividend yield is enough reason to buy the stock -- not least because 3M probably has some more bad news to report in 2022. In contrast, 3M's management elected to maintain full-year guidance for organic revenue growth of 2% to 5% and adjusted earnings per share of $10.75-$11.25 in its first-quarter earnings call.