Latest news with #3MCo
Bloomberg
a day ago
- Business
- Bloomberg
3M Hikes Earnings Outlook in Boost to CEO's Turnaround Plan
3M Co. raised its profit forecast and beat Wall Street's estimates for the second quarter as Chief Executive Officer William Brown's effort to reinvigorate the company gained momentum. Adjusted earnings will be $7.75 to $8 a share this year, including the expected impact of tariffs, the maker of Post-it notes and Ace bandages said Friday in a statement. That was up from a prior range that topped out at $7.90, while analysts had expected about $7.70 on average in estimates compiled by Bloomberg.
Bloomberg
11-07-2025
- Business
- Bloomberg
Investors Take ‘See No Evil' Approach to Industrial Earnings
To get Industrial Strength delivered directly to your inbox, sign up here. Actual results from manufacturing companies in the upcoming earnings season are likely to reflect the same surprising stability of the last period — even as the industrial economy continues to show signs of pressure. Earnings season kicks into high gear next week with Fastenal Co., General Electric Co., Snap-on Inc. and 3M Co. reporting their second-quarter results. The average tariff rates paid in the period — particularly as it relates to China — ended up lower than what was anticipated when companies formulated their profit guidance in the immediate aftermath of Trump's 'Liberation Day' announcement in early April. The worst start to the year for the US dollar since 1973 is also helping offset some of the tariff drag: A weaker domestic currency makes American goods cheaper abroad, boosting their appeal, while also increasing the dollar value of international sales that are repatriated.
Yahoo
06-06-2025
- Business
- Yahoo
Medical Terminology Software Outlook 2029: Key Trends, Vendor Insights, and Global Opportunities
Key growth drivers in the medical terminology software market include minimizing medical errors and the rising demand for terminology software. The report covers market size, trends, vendor analysis, and geographical segmentation, providing insights on the evolving market landscape for healthcare providers, payers, and IT vendors. Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Medical Terminology Software Market 2025-2029" has been added to offering. The medical terminology software market is poised for significant expansion, with projections indicating a growth of USD 3.80 billion from 2024 to 2029, at an impressive CAGR of 26.3%. This comprehensive report offers an in-depth analysis of market size and forecasts, emerging trends, growth drivers, and challenges, along with a detailed vendor analysis covering approximately 25 prominent vendors. The report presents a current market scenario, incorporating the latest insights on trends and drivers, and evaluates the overall market environment. The industry's growth is significantly driven by a heightened focus on reducing medical errors and a rising global demand for robust medical terminology software, fueled by discrepancies in terminology content worldwide. The analysis highlights the growing adoption of healthcare information technology as a significant growth area for the market. Additionally, the rise in medical tourism and increasing strategic alliances with new product launches are expected to create substantial market demand. The medical terminology software market segmentation includes: By End-user Healthcare providers Healthcare payers Healthcare IT vendors By Type Services Platforms By Application Data integration Data aggregation Reimbursement Clinical trials By Geographical Landscape North America Europe APAC South America Middle East and Africa Areas covered within the report: Medical Terminology Software Market sizing Medical Terminology Software Market forecast Medical Terminology Software Market industry analysis The report's robust vendor analysis is designed to help clients enhance their market position. Key players studied include: 3M Co. Apelon Inc. B2i Healthcare Pte Ltd. BITAC MAP SL BT Clinical Computing Clinical Architecture LLC Epic Systems Corp. Henry Schein Inc. HiveWorx Intelligent Medical Objects Inc. Medaara Healthcare Solutions Medocomp Systems Inc. Regenstrief Institute Rhapsody SNOMED International Spellex Corp. West Coast Informatics Wolters Kluwer NV Additionally, the report examines upcoming trends and challenges poised to influence market growth, offering strategic insights for leveraging future Topics Covered: Market Analysis Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria Criticality of inputs and Factors of differentiation Factors of disruption Impact of drivers and challenges Market Landscape Market ecosystem Market characteristics Value chain analysis Market Sizing Market definition Market segment analysis Market size 2024 Market outlook: Forecast for 2024-2029 Historic Market Size Global Medical Terminology Software Market 2019 - 2023 End-user segment analysis 2019 - 2023 Type segment analysis 2019 - 2023 Application segment analysis 2019 - 2023 Geography segment analysis 2019 - 2023 Country segment analysis 2019 - 2023 Qualitative Analysis Impact of AI on Global Medical Terminology Software Market Five Forces Analysis Five forces summary Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition Market Segmentation by End-user Market segments Comparison by End-user Healthcare providers - Market size and forecast 2024-2029 Healthcare payers - Market size and forecast 2024-2029 Healthcare IT vendors - Market size and forecast 2024-2029 Market opportunity by End-user Market Segmentation by Type Market segments Comparison by Type Services - Market size and forecast 2024-2029 Platforms - Market size and forecast 2024-2029 Market opportunity by Type Market Segmentation by Application Market segments Comparison by Application Data integration - Market size and forecast 2024-2029 Data aggregation - Market size and forecast 2024-2029 Reimbursement - Market size and forecast 2024-2029 Clinical trials - Market size and forecast 2024-2029 Market opportunity by Application Customer Landscape Geographic Landscape Geographic segmentation Geographic comparison North America - Market size and forecast 2024-2029 Europe - Market size and forecast 2024-2029 APAC - Market size and forecast 2024-2029 South America - Market size and forecast 2024-2029 Middle East and Africa - Market size and forecast 2024-2029 Market opportunity By Geographical Landscape Drivers, Challenges, and Opportunity/Restraints Market drivers Market challenges Impact of drivers and challenges Market opportunities/restraints Competitive Landscape Competitive Landscape Landscape disruption Industry risks Competitive Analysis Companies profiled Company ranking index Market positioning of companies For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Perth Now
22-04-2025
- Business
- Perth Now
Wall Street bounces back as investors focus on earnings
Wall Street's main indexes have recovered some ground as investors focused on corporate earnings after US President Donald Trump's mounting criticism of Federal Reserve chair Jerome Powell led to a sharp sell-off in the previous session. Investors sifted through a slew of quarterly earnings, with dozens more due through the week, for indications on how companies are navigating the uncertainty caused by tariffs and their expectations for a hit to future earnings. "There's still a lot of uncertainty in the air with where tariffs will land ... but if we can look past that, the fundamentals in the markets still look very good," said Eric Sterner, chief investment officer for Apollon Wealth Management. "Earnings are expected to grow 10 per cent for this first quarter, so corporate profits are still very healthy." Shares of industrial conglomerate 3M Co, the biggest gainer on the blue-chip Dow, jumped 3.4 per cent after the company beat first-quarter profit expectations. Verizon fell 2.4 per cent after posting a higher quarterly subscriber loss. Northrop Grumman slumped 8.7 per cent after it reported a sharp drop in profit while RTX tumbled 8.0 per cent after the company flagged a potential hit of about $US850 million ($A1.3 billion) to annual profit from tariffs. In early trading on Tuesday, the Dow Jones Industrial Average rose 568.66 points, or 1.49 per cent, to 38,739.07, the S&P 500 gained 69.03 points, or 1.34 per cent, to 5,227.23, and the Nasdaq Composite added 240.11 points, or 1.51 per cent, to 16,111.01. Megacaps also recovered, with Nvidia rising 1.1 per cent and Apple up 1.7 per cent. All sectors on the S&P 500 inched higher, with consumer discretionary taking the lead. Tesla, which will kick off earnings for the "Magnificent Seven" group of megacap stocks after markets close, rose 2.1 per cent. The mood, however, remained fragile as investors awaited Trump's next move in his relentless tussle with Powell over interest rates, fuelling concerns about the US central bank's autonomy and the future monetary policy path, which pushed Wall Street down more than 2.0 per cent on Monday. Clarity on US tariff policy and the outcome of negotiations with individual countries on reciprocal levies are also in focus. Indexes have fallen sharply this year as Trump's erratic trade policies rattled markets, with the S&P 500 more than 14 per cent below its February 19 record closing high. A close 20 per cent below that mark would confirm that the index has entered a bear market. The Nasdaq Composite confirmed it was in a bear market earlier this month. The International Monetary Fund slashed its forecasts for growth in the US on Tuesday to 1.8 per cent in 2025, from 2.8 per cent growth in 2024. Commentary from several Fed speakers is expected through the day. Their remarks will be parsed for clues on the central bank's policy outlook and view on rising tensions with the White House. Shares of Invesco leapt 8.7 per cent after the asset manager reported higher-than-expected quarterly profit. Advancing issues outnumbered decliners by a 9.24-to-1 ratio on the NYSE, and by a 4.52-to-1 ratio on the Nasdaq. The S&P 500 posted one new 52-week high and one new low while the Nasdaq Composite recorded 11 new highs and 27 new lows.
Economic Times
22-04-2025
- Business
- Economic Times
Dow soars 800 points, S&P, Nasdaq up over 2% as investors focus on earnings
Wall Street's main indexes recovered some ground on Tuesday as investors focused on corporate earnings after President Donald Trump's mounting criticism of Federal Reserve Chair Jerome Powell led to a sharp selloff in the previous session. ADVERTISEMENT At 11:11 a.m. ET, the Dow Jones jumped 800.89 points or 2.10% to close at 38,971.30, the S&P 500 rose 114.80 points or 2.23% to 5,273.00, and the Nasdaq surged 393.92 points or 2.48% to 16,264.82. Investors sifted through a slew of quarterly earnings, with dozens more due through the week, for indications on how companies are navigating the uncertainty caused by tariffs and their expectations for a hit to future earnings. "There's still a lot of uncertainty in the air with where tariffs will land... but if we can look past that, the fundamentals in the markets still look very good," said Eric Sterner, chief investment officer for Apollon Wealth Management. "Earnings are expected to grow 10% for this first quarter, so corporate profits are still very healthy." Shares of industrial conglomerate 3M Co, the biggest gainer on the blue-chip Dow, jumped 3.4% after the company beat first-quarter profit expectations. ADVERTISEMENT Verizon fell 2.4% after posting a higher quarterly subscriber loss. Northrop Grumman slumped 8.7% after it reported a sharp drop in profit, while RTX tumbled 8% after the company flagged a potential hit of about $850 million to annual profit from tariffs. ADVERTISEMENT Megacaps also recovered, with Nvidia rising 1.1% and Apple up 1.7%. All sectors on the S&P 500 inched higher, with consumer discretionary taking the lead. ADVERTISEMENT Tesla, which will kick off earnings for the "Magnificent Seven" group of megacap stocks after markets close, rose 2.1%. The mood, however, remained fragile as investors awaited Trump's next move in his relentless tussle with ADVERTISEMENT Powell over interest rates, fueling concerns about the central bank's autonomy and the future monetary policy path, which pushed Wall Street down more than 2% on Monday. Clarity on U.S. tariff policy and the outcome of negotiations with individual countries on reciprocal levies are also in focus. Indexes have fallen sharply this year as Trump's erratic trade policies rattled markets, with the S&P 500 more than 14% below its February 19 record closing high. A close 20% below that mark would confirm that the index has entered a bear market. The Nasdaq Composite confirmed it was in a bear market earlier this month. The International Monetary Fund slashed its forecasts for growth in the U.S. on Tuesday to 1.8% in 2025, from 2.8% growth in 2024. Commentary from several Fed speakers is expected through the day. Their remarks will be parsed for clues on the central bank's policy outlook and view on rising tensions with the White House. Shares of Invesco leapt 8.7% after the asset manager reported higher-than-expected quarterly profit. Advancing issues outnumbered decliners by a 9.24-to-1 ratio on the NYSE, and by a 4.52-to-1 ratio on the Nasdaq. The S&P 500 posted one new 52-week high and one new low, while the Nasdaq Composite recorded 11 new highs and 27 new lows. (Reporting by Lisa Mattackal and Purvi Agarwal in Bengaluru; Editing by Pooja Desai) (You can now subscribe to our ETMarkets WhatsApp channel)
