Thursday, July 26, 2007

3M posts higher profit, raises forecast

(Reuters) - The company, considered a bellwether for the U.S. economy, also raised its 2007 profit forecast, helping to push up its shares by more than 2 percent in morning trading.




"The quarter really showed the company is back on track and performance has taken off," Morningstar analyst Scott Burns said.


Read more at Reuters.com Business News

No comments: