3M Posts Another Weak Quarter; Results Should Not Be Extrapolated to Broader Economy
publication date: Oct 25, 2011
3M put up weak third-quarter results, but sales growth (excluding its LCD end market) remains solid. We're not ready to pull the trigger on the firm's shares, and we do not think investors can extrapolate 3M's report to the broader economy.
To gain access to the members only content, click here to subscribe. You will be given immediate access to premium content on the site.