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Post-it maker 3M's profit beats estimates on lower costs

Traders work around the post where 3M is traded on the floor of the New York Stock Exchange December 15, 2015.

Diversified manufacturer 3M Co (MMM.N) reported a higher-than-expected 6.6 percent rise in quarterly profit, helped by lower costs.

The company, which makes Post-it notes, Scotch tape and an array of adhesives and abrasives, also reported its smallest decline in revenue in five quarters.

Total operating...