A patent-buying venture that includes Apple Inc., Microsoft Corp. and Sony Corp. asked a U.S. judge to keep secret some details about assets the group bought for $4.5 billion at a Nortel Networks Corp. bankruptcy auction in 2011.
3M Co. forecasts China sales will grow three times faster than the company’s total revenue because of demand for health and consumer products such as face masks and water filters, Chief Executive Officer Inge Thulin said.
3M Co., the maker of Post-it Notes and fuel system tuneup kits, gained in U.S. trading after posting a first-quarter profit that beat analysts’ estimates because of rising domestic auto and industrial demand.
A U.K. judge upheld a decision that 3M Co., the maker of Post-It Notes, should pay $1.3 million to investors after it decided not to market BacLite, a product that detects hospital super-bug MRSA, the company said.
U.S. stocks advanced, following yesterday’s decline in the Standard & Poor’s 500 Index, amid better-than-estimated earnings at companies from AT&T Inc. to 3M Co. and as data indicated the housing market is stabilizing.