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Non-Tech : Banks--- Betting on the recovery
WFC 86.040.0%Nov 7 9:30 AM EST

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To: Road Walker who wrote (982)6/29/2010 5:31:44 PM
From: tejek   of 1428
 
Apropo to our earlier conversation.......MMM makes a lot of different stuff that a growing economy needs.

3M Guidance Gets A Lift

06.29.10, 11:55 AM EDT

Conglomerate hikes second quarter forecast.


3M hiked its second quarter forecast late Monday.

The company's new sales forecast beats analyst expectations with anticipated sales in a range of $6.6 billion to $6.75 billion.

3M ( MMM - news - people ) said organic sales volume is now expected to grow by 16% to 18%, vs. its prior forecast for 10% to 12% growth. Full second quarter results will be released on July 22.

Also late Monday, Micron Technology ( MU - news - people ) posted fiscal third quarter earnings of $939 million, or $0.92 per share, versus a loss in the same quarter last year of $301 million, or $0.37 per share.

read more........

forbes.com
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