The Motley Fool

JUNE 11, 2024

Pham Nhat Vuong is also the founder and chairman of Vingroup, the massive Vietnamese conglomerate that owns VinFast, GSM, and a wide range of other companies. Vuong only took over as VinFast's CEO this January after its previous CEO, Le Thi Thu Thuy, stepped down after leading the company for less than two years. But I'm not as optimistic.

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The Motley Fool

MARCH 26, 2025

That ended a streak of 64 years of dividend growth for the industrial conglomerate. Several factors contributed to the cut, including legal liabilities and the spinoff of its former healthcare unit to create Solventum. Last May, 3M slashed its quarterly dividend payment from $1.51

Exchange-Traded Funds 242

Exchange-Traded Funds Conglomerates Legal Liabilities 242

The Motley Fool

MAY 17, 2024

In reality, two new companies came out of the spinoff of Solventum (NYSE: SOLV) and 3M (NYSE: MMM) -- a newly created healthcare company and an industrial conglomerate without a healthcare business. First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements.

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Mergers and Acquisitions Investors Enterprise Values Conglomerates 246

The Motley Fool

SEPTEMBER 2, 2024

And I think automation technology company Emerson Electric (NYSE: EMR) , water products company Pentair (NYSE: PNR) , and industrial conglomerate 3M (NYSE: MMM) are ideal candidates in this regard. It's a good idea to buy stocks that have solid upside potential and limited downside. Here's why.

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Conglomerates Legal Leveraging Returns 234

The Motley Fool

SEPTEMBER 19, 2023

Since 1965, he has steered his conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , to average annual returns of 19.8% Today, Berkshire Hathaway owns a portfolio of 56 publicly listed stocks and securities worth $352 billion, as well as dozens of wholly owned companies under the conglomerate's umbrella.

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Companies Investing Conglomerates Banks 246

The Motley Fool

MARCH 15, 2024

The industrial conglomerate has rarely ever paid a dividend yield this high, but the yield has climbed because its stock price has fallen because of slowing growth on macro headwinds and other factors. That will help 3M deal with its legal payments, but the struggles in the core business shouldn't be overlooked.

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Conglomerates Legal Liabilities Stakes 246

The Motley Fool

MARCH 12, 2024

Shares of 3M (NYSE: MMM) were popping today after the industrial conglomerate announced a surprise change in its leadership. The legal settlements aren't going away, and overhauling the culture is no small feat, especially at a time when big tech and artificial intelligence are attracting the brightest minds in science.

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Conglomerates Legal Returns Investors 130

The Motley Fool

AUGUST 3, 2024

New innovations, mounting competition, legal judgments, acquisitions, collaborations, bankruptcies, and even acts of God contribute to this leaderboard carousel. Over multiple decades, it's commonplace for Wall Street's largest companies by market cap to be shuffled up and down the proverbial leaderboard. Image source: Getty Images.

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Conglomerates Legal Liabilities Public Companies 244

The Motley Fool

MAY 3, 2024

Wall Street analysts are updating their ratings and price targets on 3M (NYSE: MMM) in light of the consumer and industrial conglomerate 's recent first-quarter earnings report. Here's a rundown. I agree with this reasoning and the argument that some of its end markets -- notably electronics -- are set to bounce this year. A stock to buy?

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Legal Conglomerates Capital Returns 130

The Motley Fool

DECEMBER 29, 2023

The industrial conglomerate has long been a fascinating investment proposition. 3M isn't perfect The industrial conglomerate is far from perfect. The company's high-profile legal settlements relating to its use of PFAS chemicals and allegedly faulty combat-arms earplugs have attracted all the attention. billion dividend payout.

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Conglomerates Legal Prospects Stakes 130

The Motley Fool

JANUARY 9, 2024

Shares in industrial conglomerate 3M (NYSE: MMM) declined by 8.9% The move comes down to a combination of deterioration in the company's end markets, costly legal settlements that will drain cash for many years, and another year of disappointing operational performance. YOY = year over year. dividend yield. Image source: Getty Images.

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Legal Conglomerates Returns Investors 130

The Motley Fool

MAY 2, 2024

The industrial conglomerate has paid dividends to its shareholders for over a century without interruption and has raised its payout annually for more than 60 straight years. The company has been battling legal issues related to water pollution and potentially faulty earplugs sold to the military.

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Mergers and Acquisitions Legal Conglomerates Liabilities 130

The Motley Fool

DECEMBER 27, 2023

Johnson & Johnson The first genius stock to add to your portfolio right now if you have $200 ready to invest is healthcare conglomerate Johnson & Johnson (NYSE: JNJ) , which is better known as "J&J." This legal overhang has been something of a cement weight tied around J&J's proverbial ankles.

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Conglomerates Buyout Legal Debt 246

The Motley Fool

JANUARY 26, 2024

Despite surpassing earnings estimates, shares of the industrial conglomerate crashed this week and were trading 10.4% At 3M's fourth-quarter earnings conference call , management clearly stated that without the proceeds from healthcare's proposed spinoff, the company hasn't concluded how it'll fund the legal settlements. per share.

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Legal Conglomerates Liabilities Taxes 130

The Motley Fool

JANUARY 23, 2024

We initiated actions to restructure our organization and simplify our supply chain, while progressing our healthcare spin and addressing legal matters." That estimate was somewhat muddied by the spinoff of 3M's healthcare business (which is expected to be completed in the first half of the year) and potential legal payouts.

Legal 130

Legal Conglomerates Liabilities Asset Management 130

The Motley Fool

APRIL 30, 2024

A return to organic growth The industrial conglomerate has lost more than 40% of its value over the past three years as it worked through a series of restructurings, lawsuits, and operational issues that have impacted earnings. "We Shares of 3M were trading up by 5% as of 10:30 a.m. ET after its numbers easily beat expectations.

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Conglomerates Legal Shareholders Accounting 130

The Motley Fool

FEBRUARY 5, 2024

Archer struck a deal with travel conglomerate InterGlobe Enterprises in November to build an all-electric air taxi service across India by 2026. The legalization of sports gambling is gaining steam in the U.S., DraftKings excels at entering newly legalized markets and gaining customers quickly. It has a contract with the U.S.

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Legal Conglomerates Amortization Depreciation 130

The Motley Fool

JUNE 4, 2024

The conglomerate's portfolio has substantially outperformed the benchmark S&P 500 since Buffett became CEO in 1965. of the conglomerate's stock investments. Buffett and his team have also overcome the potentially disadvantageous effects stemming from the legal requirement to disclose their quarterly buys and sells.

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Conglomerates Banks Legal Financing 130

The Motley Fool

NOVEMBER 20, 2023

In the cases of closed-end fund Guggenheim Strategic Opportunities Fund (NYSE: GOF) and industrial conglomerate 3M (NYSE: MMM) , I think there's a real risk that their dividends will be cut. times the midpoint of management's adjusted earnings-per-share guidance for 2023, industrial conglomerate 3M seems to be an income investor's dream.

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Conglomerates Legal Leveraging Assets 130

The Motley Fool

FEBRUARY 15, 2024

A JPMorgan Chase analyst recently raised their price target on industrial conglomerate 3M (NYSE: MMM) by $10 to $118, a figure representing a roughly 27% premium to the current price. Still, there's still a lot of uncertainty around its legal liabilities, and management's history of falling short on its sales guidance is concerning.

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Conglomerates Legal Liabilities Returns 130

The Motley Fool

MARCH 21, 2024

Here's why it's better to wait until after April 1 if you really want to purchase shares of the beaten-down industrial conglomerate or its healthcare unit. On top of that, the electronics market is starting to recover, and the company has agreed to settle most of its legal liabilities. dividend yield.

Legal 130

Legal New York Stock Exchange Conglomerates Liabilities 130

The Motley Fool

MARCH 11, 2024

In his latest letter to Berkshire Hathaway shareholders, Buffett wrote that the conglomerate's earnings figures are "worse than useless." All parties believe they have done their job -- and legally, they have." The result reflected an impressive improvement over the net loss of nearly $22.8 billion in 2022.

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Securities and Exchange Commission (SEC) Conglomerates Investors Shareholders 130

The Motley Fool

DECEMBER 1, 2023

The Securities and Exchange Commission legally requires this filing from institutional investors, which discloses their quarterly investing activities. The conglomerate has since reduced its position over the past two quarters and now owns just 831,014, or about 13% of its original stake. billion in stocks.

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Conglomerates Investors Stakes Legal 130

The Motley Fool

FEBRUARY 2, 2024

Still, investors in the cannabis conglomerate have had high hopes for a transformational catalyst to send their shares soaring for quite some time now, and it's becoming increasingly clear that management didn't think it would take so long to arrive. But the huge catalyst that Tilray investors are waiting on isn't legalization in the U.S.,

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Shareholders Legal Conglomerates Assets 100

The Motley Fool

AUGUST 16, 2024

Amex made up more than 10% of Berkshire's stock portfolio before the recent selling, while Visa was the conglomerate's 14th largest holding and Mastercard its 16th largest holding. Diversification Berkshire already has a lot of exposure to the credit card industry.

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Stakes Legal Banks Conglomerates 130

The Motley Fool

APRIL 18, 2024

Spirits conglomerate Diageo Plc (NYSE: DEO) is one of Buffett's newer investments; Berkshire bought its shares in the first quarter last year. Diageo will stand the test of time Not everyone will recognize Diageo's name, but most people of legal drinking age are familiar with its products. His secret? The company owns over 200 brands.

Conglomerates 130

Conglomerates Legal Returns Investors 130

The Motley Fool

JANUARY 4, 2024

Shares in industrial conglomerate 3M (NYSE: MMM) rose by slightly more than 10% in December, according to data provided by S&P Global Market Intelligence. The move comes as the market priced in a better growth environment in 2024 due to anticipated interest rate cuts in 2024. A better growth environment for 3M?

Conglomerates 130

Conglomerates Stakes Legal Shareholders 130

The Motley Fool

JULY 11, 2024

3M (NYSE: MMM) has faced challenges in recent years -- and not just in the legal realm where it faced a number of lawsuits. The industrial conglomerate also has a track record of mediocre growth and margin erosion, which doesn't position it as a high-quality stock pick.

Conglomerates 100

Conglomerates Legal Shareholders Returns 100

The Motley Fool

JUNE 23, 2023

The conglomerate is facing several challenges, including litigation and supply chain issues, that have weighed on its results. The sum of these moves should help 3M improve its margins and cash flow, which in combination with the eventual conclusions of its legal issues , should lift some of the weight off its stock price.

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Conglomerates Legal Taxes Debt 130

The Motley Fool

JANUARY 5, 2024

From Post-It notes to healthcare, electronics, and chemical products, the conglomerate has successfully built up an impressive track record of innovation. Still, some worry that with billions of dollars in settlements over legal issues, 3M might choose to conserve cash by foregoing a dividend increase in 2024.

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Conglomerates Buyout Shareholders Legal 130

The Motley Fool

NOVEMBER 23, 2023

On a risk/reward basis, I think machine vision company Cognex (NASDAQ: CGNX) is a better buy than industrial conglomerate 3M (NYSE: MMM) right now. is desirable, it may not prove sustainable due to multi-billion-dollar cash calls necessary to meet legal settlements and declining cash flow generation.

Conglomerates 130

Conglomerates Prospects Legal Companies 130

Pension Pulse

NOVEMBER 28, 2024

Difficult to comment without additional information, judge Nicola Bonucci, associate professor at Paris Cité University and former director of legal affairs at the Organization for Economic Co-operation and Development (OECD). We are talking here about three isolated cases, which concern individuals dismissed more than a year ago."

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Pension Funds Conglomerates Legal 59

The Motley Fool

DECEMBER 4, 2023

During the September-ended quarter, Buffett and his team bid adieu to an assortment of longtime, brand-name holdings , including auto stock General Motors , healthcare conglomerate Johnson & Johnson , and consumer staples stock Procter & Gamble , to name a few. billion since Oct. 30) from subscriptions.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Stakes Conglomerates Bidding 130

The Motley Fool

JULY 11, 2024

Johnson & Johnson A second magnificent Dow stock that makes for a no-brainer addition to investors' portfolios for the second half of 2024 (and likely well beyond) is healthcare conglomerate Johnson & Johnson (NYSE: JNJ). "J&J," In the neighborhood of 100,000 lawsuits allege that J&J's talc-based powder causes cancer.

Conglomerates 130

Conglomerates Prospects Legal Shareholders 130

The Motley Fool

JUNE 11, 2024

Time to pounce: Johnson & Johnson (3.37% yield) The second high-yielding Dow Jones Industrial Average stock that's begging to be pounced on by opportunistic long-term investors is none other than healthcare conglomerate Johnson & Johnson (NYSE: JNJ). "J&J," Wall Street simply isn't a fan of legal gray clouds.

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Conglomerates Debt Legal Assets 130

The Motley Fool

MAY 27, 2024

Johnson & Johnson Another magnificent stock being added to Warren Buffett's secret portfolio -- 2,225 shares purchased in the March-ended quarter -- is healthcare conglomerate Johnson & Johnson (NYSE: JNJ). This can be attributed to the legal overhang J&J is dealing with regarding its now-discontinued talcum-based baby powder.

Portfolios 130

Portfolios Banks Liabilities Exchange-Traded Funds 130

The Motley Fool

DECEMBER 11, 2023

Johnson & Johnson Healthcare conglomerate Johnson & Johnson (NYSE: JNJ) is the second phenomenal stock in Buffett's secret portfolio that's a surefire buy in 2024. This means its nearly 7% dividend yield is secure moving forward.

Portfolios 130

Portfolios Mergers and Acquisitions Banks Asset Management 130