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The maker of Post-it notes and Scotch tape said adjusted profit was $ ... operating profit margin - a key metric for 3M investors - was 23%, ahead of the 22.4% expected by analysts.
M Co. posted upbeat profit performance for the latest quarter, helping to send its stock nearly 4% higher in Tuesday’s premarket action. The company posted third-quarter net income of $1.37 billion, ...
The Scotch Tape maker also announced it was reviewing its portfolio and had initiated a sale process for "a few small businesses". However, shares of 3M, which had initially risen after the upbeat ...