3M CEO on disappointing earnings: We're getting ahead of the curve in China and weak sectors

Россия Новости Новости

3M CEO on disappointing earnings: We're getting ahead of the curve in China and weak sectors
Россия Последние новости,Россия Последние новости

Roman blamed challenges in China as well as in the automotive and electronics sectors for the manufacturing giant's weak first quarter earnings.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

The stock is down about 13% off where it closed on Wednesday before the company's earnings call Thursday morning.

Roman blamed challenges in China as well as in the automotive and electronics sectors for the manufacturing giant's The company's guidance for 2019 earnings was also cut to a range of $9.25 to $9.75, from a range that topped out at $10.90.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

CNBC /  🏆 12. in RU
 

thank realDonaldTrump for it

Which often leads to derailment.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Post-It notes and Scotch tape, is cutting 2,000 jobs around the world That won't stick Are Romy and Michelle safe? I won't be surprised if they have decided to outsource the manufacturing to China😢
Прочитайте больше »

3M stock tumbles after company reports lower-than-expected earnings and cuts 2019 guidance3M stock tumbles after company reports lower-than-expected earnings and cuts 2019 guidance3M reported a lower-than-expected quarterly profit this morning, and announced it will lay off 2,000 workers worldwide. Many of us think that all our crypto assets are secured and exchange where we keep our hardly earned money is very secured. Think again ! Be smart get best hardware wallet ever made Ledger Nano X. Buy now at discounted price
Прочитайте больше »

Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreStocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
Прочитайте больше »

Dow on track for triple-digit loss after worse-than-expected 3M earningsDow on track for triple-digit loss after worse-than-expected 3M earningsStocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the... Trump economy coming right up!!
Прочитайте больше »



Render Time: 2025-01-13 00:18:02