A partnership between 3M Company's (MMM) Post-it Brand and
Evernote, announced on Sep 26, failed to lift investors'
sentiments. 3M's shares dropped 0.4% on Sep 27, negating any
bullish sentiment from the partnership that looks to fill the
The partnership with Evernote, a company that builds applications
and products, is claimed to provide a new digital life to Post-it
products using Evernote's technology. Photos clicked with the
Post-it Note Camera will instantly transform any Post-it Note
into a digital memory that can be saved and shared anywhere. The
feature will be available exclusively in Evernote for iOS 7.
The Post-it Brand aims to develop new and innovative solutions
for people in their busy daily lifestyle. Evernote technology
will allow users to have a seamless link between the analog and
Also, the companies are introducing special packs of co-branded
Post-it Products with a free 30-day subscription to Evernote
Premium with purchase. The rise in demand for such innovative 3M
product services is likely to augment its overall revenues.
The partnership works in tune with 3M's focus on inventing new
products and maintaining its competitive advantage worldwide.
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries. The company aims to deliver innovative security
solutions to businesses and governments worldwide, thus
maintaining the security of people and documents.
3M currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look now are
Federal Signal Corp
), having a Zacks Rank #1 (Strong Buy),
LSB Industries In
), each having a Zacks Rank #2 (Buy).
FED SIGNAL CP (FSS): Free Stock Analysis
ITT CORP (ITT): Free Stock Analysis Report
LSB INDS INC (LXU): Free Stock Analysis
3M CO (MMM): Free Stock Analysis Report
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