00:003M jumped 5.74% today, as guidance rises.
00:05The company makes adhesives, films, safety gear and other materials used in factories, workplaces, homes, electronics and data centers.
00:163M gained 5.74% today as earnings.
00:20Higher guidance and its Amazon relationship supported the story.
00:25Yahoo reported that the Amazon tie-up helped drive the gains,
00:29while 3M's SEC filing showed adjusted earnings of $2.50 per share,
00:35and raised full-year adjusted earnings guidance to $9.10 to $9.15.
00:43Why it matters.
00:45Unlike General Motors Company, 3M's combination of execution,
00:50a higher outlook and a commercial growth opportunity earned a positive verdict.
00:55Industrials rose 0.09% today, so this went much further than the sector did.
01:02More on MMM, full recap linked.
