2 Stocks Moving Higher After Earnings

Quarterly reports from Dow component 3M Co (NYSE:MMM) and Philip Morris International Inc. (NYSE:PM) are in focus this morning. Both companies surpassed earnings and revenue expectations for the third quarter, and the latter lifted its annual outlook. MMM is up 5% in premarket trading, looking to open at a fresh two-year high of $141.60. The stock is also looking to snap a three-day losing streak as it bounces off support at the 40-day moving average. Shares already boast a 47.5% year-to-date lead, and coul ...