3m 3rd-quarter Net Income Up 6 Percent

(AP) — Diversified manufacturer 3M's third-quarter net income rose 6 percent on higher revenue across all divisions. Net income for the three months ending Sept. 30 after paying preferred dividends totaled $1.3 billion, or $2.02 per share, up from $1.23 billion, or $1.81 per share, last year. The St. Paul, Minnesota-based company narrowed its guidance to net income of $7.40 to $7.50 for the year, compared with prior expectations of $7.30 to $7.55.

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