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3M sales slip below expectations, profit beats

3M Co. cut its sales outlook for the year as the manufacturing giant's struggling electronics and energy business continued to crimp growth in other segments in its latest period.

Shares slipped 1.5% premarket to $176.91.

The St. Paul, Minn.-based company has posted weaker sales results recently amid slowing demand in some markets, including materials used in consumer electronics, such as adhesives and films that go into screens for computers, tablets and phones.

The company narrowed its earnings...