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3M (MMM +0.3%) is the latest major company to caution about the economic outlook, as...

3M (MMM +0.3%) is the latest major company to caution about the economic outlook, as CEO Inge Thulin says its initial 7%-8% revenue growth forecast is now a "stretch target... The market has changed since that target was put in place. It was done in a different economic environment." The weak economy is making M&A targets more attractive, Thulin adds. (earlier)
Comments (3)
  • Ken311
    , contributor
    Comments (91) | Send Message
     
    would like to hear what industry growth estimates are
    19 Sep 2012, 09:36 PM Reply Like
  • BruceInKY
    , contributor
    Comments (404) | Send Message
     
    FedEx negative, 3M negative. November 6 will drive both, up or down.
    20 Sep 2012, 12:21 AM Reply Like
  • Todd Johnson
    , contributor
    Comments (6952) | Send Message
     
    Watch CNBC, everything is "ok". :) TJ
    20 Sep 2012, 02:44 AM Reply Like
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