Seeking Alpha

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)
From other sites
Comments (3)
  • Ken311
    , contributor
    Comments (112) | Send Message
     
    would like to hear what industry growth estimates are
    19 Sep 2012, 09:36 PM Reply Like
  • BruceInKY
    , contributor
    Comments (437) | 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 (6954) | Send Message
     
    Watch CNBC, everything is "ok". :) TJ
    20 Sep 2012, 02:44 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs