3M

Dow Closes at New All-Time High of 14,253, Beating 2007 Record

The Dow is closing at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession. The Dow Jones industrial average rose 126 points, or 1 percent, to 14,253 Tuesday, beating its previous record by 89 points.

Dow 14,000 Is Back ... But Does That Really Mean Anything?

On Wednesday, the Dow Jones Industrial Average closed at 14,075, its highest close in the past five years, and within 90 points of its all-time high: 14,164, reached on Oct. 9, 2007. But what does that really mean for you, or the economy as a whole?

Wall Street's Week Ahead: Earnings, Housing and the China Question

This week will bring answers to questions that have hung over the market for months: Will slower growth in China put a dent in U.S. companies' income? Will new housing numbers come in strong enough to keep homebuilders flying high? How much did Superstorm Sandy cost insurers? Here's what to watch.

Do You Know the Weird History of These Famous Company Names?

When a business has been around for decades, you take what it's called for granted. But many prominent companies nearly ended up with very different names. So, pop quiz: How knowledgeable are you about the original names -- and almost-names -- of businesses you deal with every day?

13 Stocks to Start Investing With in 2013

If you're keeping your savings in low-return but "safe" investments, this is the year you need to get your money off the sidelines and into some solid stocks. No stock is risk-free, but these 13 picks are the best we can find for novice investors looking to get their feet wet in the market.

Stock Upgrades: 3M Is in the Money, Money, Money

Ah, that innocent age when our biggest beef with Europe centered on freedom fries. This election week, no one was asking "where's the beef?" with Wendy's, with the coiner of that iconic phrase bucking a brutal tape to gain 3.05%.

Weak Outlooks Doom Dow to Worst Day in 4 Months

U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.

What to Watch This Week: Funds, 'Flix, Photocopies and Freshmen

This week on Wall Street, everyone will be watching Netflix; mutual funds will talk assets under management; we'll see earnings from some stock freshmen; NFL teams will pick their own fresh stock; and a few companies are likely to issue deja vu quarterly reports.

Dow 13,000: What It Means to You

On Tuesday, the Dow Jones Industrial Average closed at 13,005, the first time it had crossed the 13,000 line since its plummet as the nation sank into financial crisis. But what is the Dow, anyway? And what are these "points" it's measured in? Allow us to explain...

3 Things the Economy Needs to Recover

What's going to fix the economy? An entrepreneurial spirit, a free market, and the infrastructure to bring them together to bear fruit will help the U.S. pull through. But what we really need are three things that on the surface seem less concrete than new tax laws and regulatory changes: certainty, innovation, and, most importantly, time.

Why We Have a Lack of Corporate Leadership

What makes a truly great leader? Attention to detail, a vision for the future, or maybe a strong personality? How about an education from Harvard or another top business school? Maybe the formula for superior leadership is much simpler; maybe the best way to spot a great leader is simply to look for someone who doesn't focus on profits.

Eight Stocks to Put on Your Bargain-Price Wish List

Who says volatility is all bad? The fearfully stumbling stock market means that some excellent stocks are trading at or near fire sale prices. For investors with the patience to wait for the right moment, here are eight companies to keep an eye on -- or to snap up right now.

Become a Millionaire on a Minimum-Wage Salary

No, it's not easy, but if Grace Groner -- a secretary for 43 years -- could pull off the even more astonishing feat of amassing a $7 million fortune, then it is within the realm of possibility. In fact, Groner's strategy is about the only one with a shot at success. Read on to find out what she did.

How to Profit from a Declining Dollar

Several signs seem to point to a downward trend in the value of the dollar, which pundits would have you believe means financial catastrophe for Americans. But it doesn't have to be like that. There are ways to make money if our currency falls. Here are three things to look for.

Can a New CEO Fill
Lands' End's Sails?

Lands' End has named Edgar Huber, former CEO of Juicy Couture, as its new chief executive. Will he be able to breathe new life into the 48-year-old brand?

Job No. 1 for Larry Page: Halt Google's Brain Drain

When Google co-founder Larry Page replaces Eric Schmidt as CEO, he'll have a host of things to worry about: ad revenues, growth, Facebook, privacy concerns and just how to get the company's rebel groove back. But first on his agenda will have to be reversing the flow of top employees out the door.

3M Reports Earnings Per Share of $1.53

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier. Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now represent 34% of the company%u2019s worldwide sales.

Target, 3M and Best Buy Lose Gay Rights Group's Top Rating

Target, Best Buy and 3M lost their top rankings in an index compiled by an influential gay-rights group after the companies made significant campaign donations to an organization that backs the election of an anti-gay political candidate.

3M to Buy Biometrics Company Cogent for $943 Million

Office supply maker 3M (MMM) agreed to buy biometrics company Cogent Inc. for $943 million, or $10.50 a share. A subsidiary of 3M will begin a tender offer to buy all outstanding shares of Cogent in the next ten business days, the companies said in a statement. Cogent%u2019s board unanimously recommended that shareholders accept the offer, and the deal is expected to close in the fourth quarter.

3M May Spend $2 Billion on Acquisitions This Year

Office supply maker 3M Co (MMM) may double its planned spending on acquisitions to $2 billion this year as it aims to boost its oversea operations. "We told Wall Street that we would spend probably a billion dollars or north of that," CEO George Buckley told Reuters. "It could be double that number by the time the year is out."