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More on 3M (MMM) Q3 earnings: "Reflecting current economic realities," the company lowers FY2012...

  • Tuesday, October 23, 2012, 7:38 AM ET
    More on 3M (MMM) Q3 earnings: "Reflecting current economic realities," the company lowers FY2012 guidance, expecting EPS of $6.27-$6.35 vs. a previous view of $6.35-$6.50 (though $0.03 of that is acquisition-related cost). Shares -2.7% premarket. (PR)
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This news story has 5 comments:

  • more warnings. Seems the government prints money only the banks profit.
    http://seekingalpha.co...
    23 Oct 2012, 11:29 AM Reply Like
  • I'm looking for more continued downside to 3M.
    23 Oct 2012, 01:00 PM Reply Like
  • Looking to buy somewhat nearer to $85, perhaps a prolonged market decline might offer just that before the elections. If not, well... can't win em all. Quality costs.
    23 Oct 2012, 01:42 PM Reply Like
  • Chart is quite bearish - look to test low 80s from technical side. 3M is overvalued - Graham number/price 30-40% of trading price.
    23 Oct 2012, 03:33 PM Reply Like
  • I agree... the election will present some interesting opportunities along the way.
    23 Oct 2012, 05:29 PM Reply Like
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