Thursday, July 25, 2013

Reuters: Technology News: 3M posts slight profit gain, boosts share buyback plan

Reuters: Technology News
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3M posts slight profit gain, boosts share buyback plan
Jul 25th 2013, 12:05

Thu Jul 25, 2013 7:44am EDT

(Reuters) - Diversified U.S. manufacturer 3M Co posted a slightly higher quarterly profit on Thursday, helped by revenue increases across most of its business lines.

The company, whose products include Post-it notes and film for flat-panel televisions, said second-quarter net income rose to $1.2 billion, or $1.71 per share, from $1.17 billion, or $1.66 per share a year ago.

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