On Tuesday, Shares of 3M Co (NYSE:MMM), lost -0.63% to $149.11.
As the U.S. Armed Forces seek to improve agility and mobility, the U.S. Army is making great efforts to reduce the weight soldiers must carry without sacrificing protection. Body armor is vital to that effort. Ceradyne, Inc., a 3M company, received a contract modification worth $34 million from the Army to provide 28,000 pieces of body armor under the Soldier Protection Systems Vital Torso Protection program for lightweight improved small arms protective inserts (ESAPI).
Worn by U.S. soldiers, sailors, airmen and Marines, ESAPI ceramic armor plates are inserted into outer modular tactical vests to provide torso protection against small arms fire. Ceradyne-produced ESAPI plates reduce weight significantly over the previous generation of inserts while providing the same level of protection.
“We’ve made it our mission to leverage innovation in advanced materials science to reduce the weight burden carried by soldiers,” said Cheryl Ingstad, business manager, Advanced Ceramics Platform – Defense, 3M. “3M’s capability to decrease the weight of products, while maintaining or even enhancing performance characteristics, is well-recognized in industries from automotive to apparel. 3M has deep expertise in safety products used by the military, such as Peltor tactical communications systems from 3M, and head, eye, hearing and respiratory protection. 3M is the only provider to supply the U.S. Armed Forces with both body armor and the most advanced helmet available, the improved combat helmet (ECH).”
At 3M, we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 90,000 employees connect with customers all around the world.
3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.
Shares of Intuit Inc. (NASDAQ:INTU), declined -1.98% to $91.36, during its last trading session.
Intuit Inc., declared the addition of Oprah Winfrey to its lineup of main stage speakers at the forthcoming QuickBooks Connect conference, taking place Nov. 2-4 in San Jose, Calif.
The unique event will unite small businesses, entrepreneurs, accountants and developers under one roof to educate, connect and inspire them to take their businesses and skills to the next level.
Winfrey joins a lineup of main stage speakers at QuickBooks Connect, counting Robert Herjavec, a leading shark on ABC’s Emmy Award-winning hit “Shark Tank” and founder of Herjavec Group; Jessica Alba, founder and chief creative officer of The Honest Company; Brian Lee, co-founder and chief executive officer of The Honest Company; Brian Grazer, Academy Award-winning producer and co-founder of Imagine Entertainment; Sekou Andrews, poetic voice and entrepreneur; and Bill Rancic, entrepreneur and first winner of NBC’s “The Apprentice.” The complete QuickBooks Connect agenda can be found online.
Winfrey, a global media leader, philanthropist, producer and actress, has created an unparalleled connection with people around the world for nearly 30 years. Her accomplishments as a global media leader and philanthropist have established her as one of the most respected and admired figures recently. As Chairman and CEO, she’s guiding her cable network, OWN: Oprah Winfrey Network. She is the founder of O, The Oprah Magazine and oversees Harpo Films. Winfrey was host of the award-winning talk show “The Oprah Winfrey Show” for 25 years, a producer of the Academy Award-winning film “Selma” and is also an Academy Award-nominated actress for her role in “The Color Purple.” In 2013, Winfrey was awarded the Medal of Freedom, the nation’s highest civilian honor.
Intuit Inc. provides business and financial administration solutions for small businesses, consumers, and accounting professionals primarily in the United States, Canada, the United Kingdom, Australia, India, and Singapore.
Finally, Cummins Inc. (NYSE:CMI), ended its last trade with -1.79% loss, and closed at $109.98.
Cummins Inc., declared a quarterly common stock cash dividend of 97.5 cents per share, payable on December 1, 2015, to shareholders of record on November 20, 2015.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Distribution, Components, and Power Generation.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
