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News Digest 5009

MDM's top news briefs from News briefs from April 26 - May 10, 2020.

May 11, 2020

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Amazon.com, Inc. reported sales of $75.4 billion in the first quarter, up 26.4% compared to the same quarter in 2019. Net income was $2.5 billion in the first quarter, down 28.8% in first quarter 2019. More.

3M, St. Paul, Minnesota, reported first-quarter sales of $8.1 billion, a 2.7% increase compared to the first quarter of 2019. Profit was $1.3 million, a 45% increase compared to the prior year. More.

PPG Industries, Pittsburgh, Pennsylvania, reported sales for the first quarter of $3.4 billion, down 7% from the previous year and down nearly 5% in constant currencies. Profit was…

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