3M's Industrial Renaissance: CEO Bill Brown Delivers Q4 Beat as Litigation Shadows Finally Lift
3M posts Q4 EPS of $1.83 beating estimates as the industrial giant emerges from $16 billion in legal settlements. Stock has rallied 33% in past year.
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3M posts Q4 EPS of $1.83 beating estimates as the industrial giant emerges from $16 billion in legal settlements. Stock has rallied 33% in past year.
S&P 500 and Nasdaq post second consecutive weekly losses while Dow holds flat as investors digest Intel's collapse and await next week's Fed decision.
Northern Trust delivers 13% earnings surprise in Q4, with EPS of $2.69 beating estimates. Stock jumps 6% as wealth manager returns $1.9 billion to shareholders.
Morgan Stanley becomes first major US bank to file for spot Bitcoin and Solana ETFs with the SEC, signaling Wall Street's deepening embrace of cryptocurrency.
Alcoa reported fourth quarter results that exceeded expectations, with revenue climbing 15% sequentially on higher aluminum prices and shipments, while setting production records at multiple facilities.
Bank of America upgrades its 2026 GDP growth forecast to 2.8% from 2.6%, citing strong consumer spending and excellent credit conditions. CEO Brian Moynihan expresses bullish outlook.
First Citizens BancShares reports improved credit metrics in Q4 2025 with net charge-offs falling to 0.39% of loans. The bank returned $900M via buybacks and paid down $2.5B in debt.
Goldman Sachs declares the IPO backlog is at its highest since 2021 as private equity firms prepare to exit a record 12,900 portfolio companies held for nearly seven years on average.
CSX reported Q4 2025 earnings of $720 million as the railroad giant grapples with soft freight demand and layoff-related severance costs.
Johnson & Johnson reports Q4 revenue of $24.6 billion, up 9.1%, driven by explosive growth in cancer and immunology treatments. Company projects $100.5B in 2026 sales.
Treasury Secretary Bessent says Trump has narrowed Fed Chair candidates to four finalists, with a decision potentially coming next week.
The final GDP estimate for Q3 2025 shows the US economy expanded at a 4.4% annualized rate, beating expectations. Atlanta Fed's GDPNow model projects even stronger Q4 growth.