St. Paul-based 3M exceeded Wall Street expectations in the first quarter. The company's transportation and industrial products section made up for a softened consumer electronics market. Profits rose more than 4 percent with sales hitting $7.5 billion.
Watch: Storm updates after heavy hail slams Twin Cities
Sven Sundgaard is providing an update after Thursday's flash hail storm.
MN GOP apologizes over antisemitic sequence in candidate's campaign video
Party leader says candidate didn't know the imagery perpetuated an antisemitic trope.
Tornado, severe thunderstorm watches issued in Minnesota
In addition to possible tornadoes, there is a threat for damaging winds and very large hail.
High prices, stiff competition putting off homebuyers in Twin Cities
Prices continue to rise in the metro, but there are signs of buyer fatigue.
Series of explosions at manufacturing plant injures 6 in Wisconsin
The blast rocked the Wisconsin town just before 7:45 a.m.
MN researcher part of team behind 'revolutionary' discovery of ancient tooth in Laos
The molar found in a remote cave is believed to have belonged to a Denisovan girl who lived 164,000-130,000 years ago.
Gallery: Minneapolis penthouse comes with private elevator and 24-foot ceilings
The custom-designed home is on the market for $500K
Charges: Sting catches MN principal trying to hire child prostitute
Authorities alleged Mohamed Selim attempted to meet a 15-year-old girl for sex on Tuesday.
Nominate a 'local hero' to get a dozen Cub donuts from Salvation Army
The organization is looking for 1,000 volunteers to help with the effort in the metro.
Duck smashes through chopper window and hits State Patrol pilot
Two pilots were on the aircraft at the time, with one of them sustaining a head injury.
Target reports strong quarterly sales, weak April sales
Shoppers spent less than Wall Street estimates expected in April. The Minneapolis-based retailer reports a key sales figure rose 1.1 percent last month. Foot, health and beauty continue to be the strongest categories. First-quarter sales were the strongest in more than six years, up 5.3 percent.
3M posts record, but trims yearly profit outlook on currency concerns
3M Co. posted a record third-quarter earnings of $1.65 per share, an increase of 8.6 percent increase from a year earlier, but cut its profit expectations for all of 2012 because of "current economic realities." The Maplewood-based company, which makes everything from office supplies to specialized coatings, expects to earn $6.27 to $6.35 per share for the year, down from $6.35 to $6.50, CNBC reports.
CHS profits up 13 percent in 3Q
Inver Grove Heights-based CHS Inc. -- the largest farmer-owned cooperative in the United States -- reported net income of $405 million thanks to strong energy performance. Revenue increased nearly 5 percent to hit $11 billion. The Wall Street Journal notes CHS reported its second-quarter profit dropped 60 percent.
You Can Get BMTN Special Offers!