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Tuesday, January 14, 2025

3M lowers full-year forecast on dollar impact, uncertain economic environment

Oct 25 (Reuters) – U.S. industrial firm 3M Co (MMM.N) on Tuesday cut its full-year revenue and profit forecasts, expecting to take a hit from rising inflation and shrinking overseas earnings due to a stronger dollar. Shares of the company were down 2.9% before the bell. “We continue to execute our …

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