Trader’s Alert – 3M Co (NYSE:MMM), Icahn Enterprises (NASDAQ:IEP), Lydall, Inc. (NYSE:LDL), Harbinger Group Inc (NYSE:HRG)

3M Co (NYSE:MMM) recently declared a quarterly dividend, which is scheduled for Wednesday, March 12th. Shareholders of record on Friday, February 14th will be given a dividend of 0.855 per share. 3M Co (NYSE:MMM) stock in last trading day opened at $140.00, traded in the range of $139.48 – $140.43, and closed at $140.25. The stock showed a positive performance of 0.60% in previous trading session.

In last trading activity, Icahn Enterprises LP (NASDAQ:IEP) announced the sale of an aggregate of 2,000,000 depositary units representing limited partnership interests in Icahn Enterprises.   Icahn Enterprises LP (NASDAQ:IEP) traded 113.90 million shares on last trading day. The 52 week range of the stock is $ $37.22 – $149.77. The stock was advanced 3.77% by closing at $109.41.

Lydall, Inc. (NYSE:LDL) announced that Robert K. Julian, 50, has been appointed Executive Vice President and Chief Financial Officer (CFO) for Lydall, Inc., effective upon the commencement of his employment with Lydall, which is expected to be October 29, 2012. Erika H. Steiner (formerly Erika G. Turner), Vice President and Chief Financial Officer of the Company, will be departing the Company on November 6, 2012. Lydall, Inc. (NYSE:LDL) stock on December 31, 2013, recorded a rise of 4.69% and was in a range of $16.88 – $17.85  before closing at $17.62.  Company’s 52-week low price is $13.29 and 52 week high price is $19.27.

Harbinger Group Inc (NYSE:HRG) announced that Front Street Re (Cayman) Ltd., a wholly-owned subsidiary of HGI, has closed a reinsurance treaty with Bankers Life Insurance Company. Under the terms of the treaty, Bankers Life Insurance Company will cede approximately $160 million of its annuity business to Front Street Re. Harbinger Group Inc (NYSE:HRG) shares rose 0.59% in last trading session and was closed at $11.85, while trading in range of $ 11.74 – $11.93. Its return on equity ratio is recorded as 19.80% and its return on assets is 0.80%.