3M Company (MMM) volatility low; reports record Q1 sales of $7.3B up 15.2% year-on-year

3M Company (NYSE: MMM) increased its 2011 performance expectations. The company expects full-year earnings will be in the range of $6.05 to $6.25 per share versus a prior expectation of $5.95 to $6.20 per share. Over all option implied volatility of 20 is below its six-month average of 23 according to Track Data.

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