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3M Misses Revenue Estimate and Announces Layoffs

2015-10-27 16:53:46| Chemicals - Topix.net

In the third quarter, 3M missed analysts' estimate by $140 million and announced a restructuring that would lay off 1,500 workers Industrial stock, 3M recently reported its earnings results for the third quarter of 2015. For the quarter the firm missed analysts' average revenue estimate by $140 million while also reporting a restructuring that would cut 1,500 jobs.

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Category:Chemicals

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