Oct 22 (Reuters) - U.S. industrial conglomerate 3M Co ( MMM ) raised the lower end of its full-year adjusted profit forecast on Tuesday, anticipating a boost in consumer spending after the U.S. Federal Reserve cut borrowing costs in September. The St. Paul, Minnesota-based company now expects its full-year adjusted profit to be between $7.20 and $7.30 per share, compared...

Oct 21 (Reuters) - Brevan Howard does a significant amount of its crypto trading from the United Arab Emirates because of the country's sensible regulations, an executive from the hedge fund told the AIM conference in Dubai on Monday. The regulators in the UAE are hard, but they want the industry to fly and so they write sensible regulations and...

06:34 AM EDT, 10/22/2024 (MT Newswires) -- Polaris (PII) reported Q3 adjusted earnings Tuesday of $0.73 per diluted share, down from $2.71 a year earlier. Analysts polled by Capital IQ expected $0.91. Sales for the quarter ended Sept. 30 was $1.72 billion, down from $2.25 billion a year earlier. Analysts surveyed by Capital IQ expected $1.77 billion. The company said...

06:35 AM EDT, 10/22/2024 (MT Newswires) -- Insteel Industries ( IIIN ) said late Monday that its unit, Insteel Wire Products, has acquired Engineered Wire Products, a maker of welded wire reinforcement products for construction, for $70 million in an asset transaction. Insteel Industries ( IIIN ) said it has funded the deal with cash on hand. Shares of the...