Tag Archives: dhr

Danaher Acquiring Pall, Splitting Off Industrial Biz

Electronic instrument giant Danaher (DHR) announced Wednesday that it’s buying Pall (PLL) — a maker of filtration and separation systems that, like Danaher, serves both industrial and life-science markets — for $13.8 billion. Danaher also said that it will split off its industrial business from its scientific business. Danaher stock was up 2% in early trading in the stock market today, near 87.50, while Pall stock, driven up 20% by buyout rumors

Danaher Upgraded As Analyst Pushes Agilent Buyout

High-tech instrument maker Danaher (DHR) touched a new high above 83 on the stock market today after FBR upgraded the stock to outperform from market perform, citing multiple reasons. Analyst Ajay Kejriwal wrote that Danaher’s acquisitive strategy — it was $12 billion in reserve for buyouts — should benefit from an “opening up” of the M&A environment, especially with Agilent Technologies’ (A) Nov. 3 spinoff of its electronic-measurement business

Danaher Stock Rebounds Despite Mixed Q3 Earnings

High-tech instrument maker Danaher (DHR) reported mixed Q3 earnings Thursday morning, but the stock was up 3% off a 52-week low in early afternoon trading on the stock market today, near 74. The company’s earnings rose 7% over the year-earlier quarter to 90 cents a share, beating analysts’ consensus by a penny. Sales rose 4% to $4.87 billion, slightly missing estimates. Danaher guided Q4 EPS at $1 to $1.04, on the low side of the Street’s average