Lehman Trims MMM's 2001 Earnings Estimate as Weaker U.S. Economy Expected to Dent Profits

Analyst sees most MMM businesses affected by economic slowdown although maintains neutral rating on stock

Lehman Brothers lowered its 2001 earnings per share estimate for Minnesota Mining & Manufacturing (MMM ), saying most of the diversified conglomerate's businesses could be hurt by the weaker economy. The stock fell 7-11/16 to 111-5/16.

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