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3M: The diversified St. Paul, Minn., corporation...

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From Times Staff and Wire Reports

3M: The diversified St. Paul, Minn., corporation said its first-quarter income dropped 10.4% to $300 million, although sales climbed 7% to $3.39 billion. The company said poor economic conditions in major markets outside the United States, especially in Brazil, led to its first quarterly decline in earnings since 1985.

Tables, D7

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