Conglomerates To Watch: 3M Co (NYSE:MMM), Mitsui & Co (OTCMKTS:MITSY), Icahn Enterprises LP (NASDAQ:IEP), Harbinger Group (NYSE:HRG)

3M Touch Systems Inc. a wholly-owned subsidiary of the 3M Company’s (NYSE:MMM) 3M Electronic Solutions Division, recently launched a new initiative named the 3M Multi-Touch Developer Network. 3M Co (NYSE:MMM) stock opened at $131.33 in last session, and closed at $130.56, while the day range of stock is $130.46 – $132.71. The stock showed a positive weekly performance of 0.34%.

Goldman Sachs and a unit of Mitsui & Co Ltd (ADR) (OTCMKTS:MITSY) have led a Rs 315 crore investment in consumer goods firm Global Beverages & Foods Pvt Ltd, the investment banks said in a joint statement on Wednesday. Mitsui & Co Ltd (ADR) (OTCMKTS:MITSY) stock opened at $309.00, in last session and closed at $307.65, by losing -0.36%. The 52 week range of the stock is $243.11 – $309.00. Company’s market capitalization is $28.08 billion.

Icahn’s largest position is in Icahn Enterprises LP (NASDAQ:IEP) where he holds a massive 101,872,900 shares of the stock. His position takes up 36.6% of his total portfolio and 90.64% of the company’s shares outstanding. Icahn Enterprises LP (NASDAQ:IEP) stock decreased -2.24% and finished the last session at $112.35. The EPS of the stock remained 7.24. Company’s market capitalization is $12.80 billion.

Jefferson Research cut shares of Harbinger Group (NYSE:HRG) from a buy rating to a hold rating in a research note issued to investors on Friday, Stock Ratings Network.com reports. Harbinger Group Inc (NYSE:HRG) stock opened the session at $11.38, and closed the session at $11.17. The 52 week range of the stock remained $7.33 – $12.14 and the day range was $11.11 – $11.48.

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