Danaher Corporation
Coverage of Danaher Corporation in the Nexus archive.
- One of the market’s ‘most durable growth’ sectors has been passed over for AI, says JPMorgan
JPMorgan highlights a sector with 'most durable growth' that has been overlooked for AI, identifying Eli Lilly, AbbVie, and Danaher Corporation as top stock picks in the sector.
- From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
Larry Culp rescued GE from near-collapse, transforming its market value from $96 billion in 2018 to $689 billion across three restructured companies. The turnaround involved hands-on leadership, operational efficiency, and fostering relationships with workers and union representatives.
- AI stocks gather more strength, even as Brent oil's price nears $92
AI stocks and broader market indices like the S&P 500, Dow, and Nasdaq rose as Wall Street gained momentum. Brent crude oil prices approached $92 amid US-Iran tensions, raising inflation concerns. Strong earnings from companies like 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.
- AI stocks gather more strength, even as Brent oil's price nears $92
AI stocks and broader market indices like the S&P 500 and Nasdaq rose as investors bet on AI growth, despite rising Brent crude oil prices near $92 due to U.S.-Iran tensions. Strong earnings from companies such as 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.
- AI stocks gather more strength, even as Brent oil's price tops $90
AI stocks like Micron Technology and Advanced Micro Devices led market gains as the S&P 500, Dow Jones, and Nasdaq rose. Brent crude oil surpassed $90 per barrel due to U.S.-Iran tensions, raising inflation and interest rate concerns. Strong earnings from 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.
- Danaher: Q2 Earnings Snapshot
Danaher Corp. reported second-quarter profit of $870 million, with adjusted earnings of $1.94 per share, exceeding Wall Street expectations. The company's revenue reached $6.27 billion, surpassing forecasts, and it provided a full-year earnings guidance of $8.45 to $8.60 per share.
- Honeywell’s CEO on ‘the brutal truth’ about breaking up an industrial giant
Honeywell CEO Vimal Kapur addressed shareholder pressure from Elliott Investment Management to split the company's aerospace and automation divisions, confirming that Honeywell Aerospace will launch as a separate entity on June 29. Kapur emphasized that the restructuring was already underway before Elliott's 2024 letter, aligning with a broader trend of industrial conglomerates like 3M and GE breaking into focused entities.
- Danaher Raises $3 Billion in Record Private-Placement Bond Sale
Danaher Corporation raised $3 billion through a record private-placement bond sale. The transaction highlights the company's significant financial maneuvering in the bond market.