MMM Stock Price Drivers

3M Company (MMM), originally known as Minnesota Mining & Manufacturing Company, is a global industrial conglomerate with various products and services that cater to diverse markets. The company prides itself on being a “Global Innovation Company”, as it brings various technologies and products to millions of consumers worldwide.

The company had sales of $29.6 billion in fiscal year 2012 (FY12), with 65% of its income from outside the US. The company operates under six business segments, namely Industrial & Transportation, Healthcare, Consumer and Office, Safety, Security and Protection services along with Display and Graphics, and Electronics, and Electrical and Communications. 3M products are sold in 196 countries, either directly to end users or through wholesalers, distributors and retailers.
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3M: High Time To Take Profits

Company Introduction

The 3M Company (MMM), originally known as the Minnesota Mining & Manufacturing Company, is an industrial conglomerate with products and businesses as diverse as the markets it operates in. The company prides itself on being a “Global Innovation Company”, claiming that it introduces new technologies and products to millions of consumers worldwide.

3M generated 65% of its income from outside the US in 2012, with the Asian market contributing the largest share. However, Latin America and Canada have been its fastest-growing markets over the last five years, with a CAGR* of 8.6%.

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