3M, maker of Scotch tape and other products, reported quarterly sales that beat analyst expectations. Photo: Nate Ryan for The Wall Street Journal3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance and control costs are bearing fruit. The Minnesota-based company reported adjusted earnings per share of $2.68 for the third quarter, higher than its guidance and predictions by analysts surveyed by FactSet. Adjusted sales came in at $8.02 billion, also outpacing expectations.

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Persons: Nate Ryan Organizations: The Wall Street, FactSet Locations: Minnesota