Anybody with any hint of asbestos exposure is getting taken down. It's a witch hunt.
The upside was due to a strong pickup in industrial demand late in the quarter and solid pricing gains.
Investors can selectively make money in the sector, we believe, by buying those companies with a strong focus on technology, innovation and capital discipline.
I think it's a bit of a negotiating stance.
The annual general meeting May 4 is a date where the things will be resolved, one way or the other.
With energy and raw material costs easing from their 2005 peaks, selling price increases successfully implemented and expectations of solid economic growth, we believe 2006 will be one of the best years ever for chemical earnings.
Some say the U.S. economy may be strengthening, but there's as much of a head wind coming from Europe and Asia. Half of 3M's sales are from overseas.
