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3M to spin off healthcare business into new public company

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3M’s second-quarter adjusted profit fell to $2.48 per share from $2.75 per share a year earlier

Shares of the company have lost about 25% in value this year. They were up 4% before the bell. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

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