3M Follows GE, United Tech With Rising Revenue
Posted on January 24, 2013 at 13:33 PM EST
3M (MMM) follows other large industrials in reporting an uptick in top line growth during the fourth quarter. The maker of tape, adhesives and medical supplies reported a 4% rise in revenue on Thursday, following a 4% rise in Q3. 3M said Q4 EPS rose 4% to $1.41, in line with analyst estimates. Sales were $7.4 billion, above estimates of $7.2 billion. Shares were down less than 0.5% in midday trading Thursday. The manufacturer of Post-it Notes and