Peltz's Trian Fund says 3M's Solventum spin-off not living up to potential-March 2024-www.financetom.com

Peltz's Trian Fund says 3M's Solventum spin-off not living up to potential

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Peltz's Trian Fund says 3M's Solventum spin-off not living up to potential

Jan 8, 2025 10:20 AM

Jan 8 (Reuters) - Nelson Peltz's Trian Fund Management said in a letter to shareholders

on Wednesday that Solventum's ( SOLV ) separation from 3M ( MMM ) has not been living up to its

potential.

Previous page： Walmart Gears Up For Holidays With Multichannel Solutions, Import Enhancements On Heels Of JD Stake Sale Next page： Why Sonoma Pharmaceuticals (SNOA) Stock Is Moving

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Walmart Gears Up For Holidays With Multichannel Solutions, Import Enhancements On Heels Of JD Stake Sale

Aug 29, 2024

Walmart Inc. ( WMT ) shares are trading higher premarket Wednesday. On Tuesday, the retail giant announced several new initiatives ahead of the holiday season. The initiatives include category expansion, multichannel fulfillment, and new features aimed at simplifying cross-market selling. The company disclosed the expansion of the Premium Beauty, Pre-owned, and Collectibles categories. Also, the retailer introduced Walmart Multichannel Solutions...

Why Sonoma Pharmaceuticals (SNOA) Stock Is Moving

Aug 29, 2024

Sonoma Pharmaceuticals Inc ( SNOA ) shares are trading lower by 11.9% to $0.19 Wednesday morning after the company announced a 1-for-20 reverse stock split. The stock will trade on a split-adjusted basis starting August 30, 2024. This move aims to meet Nasdaq’s $1.00 minimum bid price requirement. As a result, every 20 shares of Sonoma’s common stock will be...

Fifth Third Bank Unit to Redeem Senior Notes Due October 2025

Aug 29, 2024

09:25 AM EDT, 08/28/2024 (MT Newswires) -- Fifth Third Bancorp ( FITB ) said Wednesday its Fifth Third Bank unit is planning to redeem all of its outstanding $1 billion, 5.852% fixed-to-floating rate senior notes due Oct. 27, 2025. The notes will be redeemed around the first business day after Oct. 27, the redemption date, the company said. ...

InterCure Partners with Cookies to Launch Branded Products in Germany

Aug 29, 2024

09:30 AM EDT, 08/28/2024 (MT Newswires) -- InterCure ( INCR ) said Wednesday it has signed an agreement with Cookies to cultivate, import, manufacture, and distribute branded products of Cookies in Germany. InterCure ( INCR ) said it will handle the cultivation and production at its EU-GMP facilities, including next-generation offerings like live resin, live rosin products, and vapes. Initially,...