3M bounces back in Q4

ST. PAUL, Minn. — 3M Co. reported earnings of $2.27 per share, a 167% increase from a year ago. At that time, the conglomerate took a net loss of $0.04 per share as a result of tax and legal costs. Sales for the final quarter of 2018 were down 0.6% for a total of $7.9 billion, including a 0.3% decline in the industrial segment. Operating income for the quarter came to $1.8 billion.