Replies to post #10045 on The Rising Influence of Rising Affluence

[DewDiligence]

3M -3% on lowered 2015 guidance (second time in 3 months):

http://finance.yahoo.com/news/3m-cuts-2015-forecast-citing-121355149.html

…3M now projects sales to grow 2.5 percent to 4 percent this year, excluding the effect of currency changes. Previously, it projected growth of 3 percent to 6 percent growth on that basis.

3M projects full-year earnings in a range of $7.80 to $8 per share, scaling back the top end from $8.10. 3M had also lowered its 2015 earnings outlook in April.