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3M cuts profit forecast as slowing Asia demand hampers revenue Subscriber content October 24 Updated
U.S. industrial conglomerate 3M Co fell well short of Wall Street estimates for quarterly revenue and cut its full-year profit forecast on Thursday, adding to signs of U.S. corporations suffering from trade tensions with China. Shares of the Scotch tape and Post-it notes maker fell as much as 3 per cent premarket.


Posted: 2019-10-24 14:53:00

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Verse of the day

Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me. Matthew, 25. 40

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