Friday, December 17, 2010

Early Market News: 3M Company (NYSE:MMM), Toyota Motor Company (NYSE:TM), Tyson Foods (NYSE:TSN)

Here are the last batch of breaking news stories which will affect stock prices as trading continues today. The following companies should see some movement: 3M Company (NYSE:MMM), Toyota Motor Company (NYSE:TM), Tyson Foods (NYSE:TSN). Here is a more detailed look at the news that will affect each company when trading continues. 3M Company (NYSE:MMM) 3M Company (NYSE:MMM) has signed an exclusive licensing agreement with Spirig Pharma. According to the newly signed agreement, Swiss based dermatological product manufacturer, Spirig Pharma, will use one of 3M Company's (NYSE:MMM) immune response modifier (IRM) molecules for further development of treatment for sun damaged skin. Jim Vaughan, vice president and general manager of 3M Company (NYSE:MMM) Drug Delivery Systems Division said, "3M Company (NYSE:MMM) is pleased to align with a leading European dermatology company to further develop our IRMs. In addition to its Swiss headquarters, Spirig's seven subsidiary locations, mainly in the EU, give us even more international reach." Toyota Motor Company (NYSE:TM) Toyota Motor Corporation (NYSE:TM) has received 12,000 pre-sale orders for Etios in India. Toyota Motors India, subsidiary of Toyota Motor Corporation (NYSE:TM) has revealed that it has already received 12,000 orders for Etios sedan, even though the production of the low-priced car has yet to begin. Etios sedan is the first low-priced small passenger car in the Indian auto market to be manufactured by the Toyota Motor Corporation (NYSE:TM). The Japanese auto maker has planned to launch a hatchback version of Etios in Indian auto market starting April 2011. Tyson Foods (NYSE:TSN) Tyson Foods (NYSE:TSN) has donated $50K to BRHC centers. Bothwell Regional Health Center Foundation’s capital campaign has received a $50,000 boost, courtesy of Tyson Foods (NYSE:TSN). The donations will help fund the construction of the $14 million Canon Centers for Cancer and Cardiovascular Care, slated to open in fall 2011, which will provide expanded and advanced care for cancer and heart patients in Pettis and Benton counties. Chris McMurrough, the complex manager of Tyson Foods (NYSE:TSN) said that, “Bothwell is a cornerstone in this community, and it’s important for everyone in Sedalia to have access to good health care here close to home. We have 1,500 people at the Tyson facility in Sedalia who rely on available health care to ensure a good quality of life. The Canon Centers for Cancer and Cardiovascular Care will enhance what Bothwell already offers to our community.” There will probably be more movement when trading continues for 3M Company (NYSE:MMM), Toyota Motor Company (NYSE:TM) and Tyson Foods (NYSE:TSN).
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