Tag

Industrial

All articles tagged with #industrial

"Assessing 3M's Investment Potential Below $110: A 6% Yield and Growth Prospects"

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Despite 3M's historically high dividend yield and recent stock rally, potential investors should be cautious due to legal and regulatory challenges, plans to spin off its healthcare division, and concerns about its ability to innovate. The stock's price below $110 may not be as attractive as it seems, and conservative investors may want to wait for more clarity on the company's future before considering an investment.

DuPont Stock Plunges on Gloomy Earnings Warning and China Weakness

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

DuPont's stock is falling as the company anticipates lower-than-expected earnings due to softening demand from Western industrial customers and China. The preliminary year-end results indicate lower earnings and revenue, leading to a 12% drop in stock value. CEO Ed Breen attributes the decline to weak demand and inventory destocking in industrial businesses, with expectations for further sales and earnings decline in the first quarter of 2024. Despite forecasting a return to growth in the second half of 2024, macro uncertainty remains, making it a challenging time for potential investors.

Multiple Fires Break Out in Banbury Place and S Sherwood Forest Boulevard

Originally Published 2 years ago — by WQOW TV News 18

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Source: WQOW TV News 18

A fire broke out at Banbury Place in downtown Eau Claire on Sunday evening, with fire crews finding fire inside a chimney exhaust system near the American Phoenix business, as well as on the first floor manufacturing area and on the rooftop penthouse. No injuries were reported, and all employees were accounted for. The cause of the fire is still under investigation.