CEO Lawrence Culp

Danaher Corp. will buy electrical instrument maker Keithley Instruments Inc. for about $340.8 million, the companies said Wednesday, sending Keithley shares up 30 percent.Danaher will pay $21.60 per share for Keithley, a premium of about 74 percent over the stock's closing price on Monday. Keithley has about 15.8 million shares outstanding. Minus cash, the companies valued the deal at about $300 million.Danaher said the acquisition will boost its position in the electronics test and...Read Full Story

Earnings Report: Danaher Corp. Q2 Sales Rise 24% YoY (DHR) Danaher Corp. (NYSE:DHR) posted Q2 resultsbefore the opening bell Thursday morning, reporting GAAP net earnings of $372.5 million, or $0.55 per share; a 25% boost from GAAP net earnings of $0.44 per share from the year-ago period. Non-GAAP net earnings were $378.8 million, or $0.56 per share, as compared to the year-ago period's net earnings of $0.40 per share. Q2 sales were 24% higher than the year-ago period's $2.7 billion, at $3.3...Read Full Story

Medical and industrial equipment maker Danaher Corp. on Wednesday raised its fourth-quarter and full-year adjusted profit guidance above Wall Street estimates and issued a positive outlook for its financial performance in 2010.The company now expects fourth-quarter adjusted earnings per share in a range of $1.05 to $1.10, up from its previous guidance of 99 cents to $1.09. Danaher raised its 2009 adjusted profit forecast to a range of $3.46 to $3.51 per share from $3.40 to $3.50, previously...Read Full Story

Medical equipment maker Danaher Corp. on Monday raised its guidance for the first quarter.The company now expects adjusted earnings of at least 90 cents per share for the quarter. Danaher's earlier guidance was for earnings at or above the high end of a range of 77 cents to 82 cents per share.Analysts predict first-quarter earnings of 83 cents per share, according to a survey by Thomson Reuters.Danaher shares rose $3.63, or 4.7 percent, to $81 in after-hours trading. The stock earlier rose 75...Read Full Story

News Update: Danaher (NYSE: DHR) President and CEO Culp Said Company Raised Its Q1 Guidance 3/30/2010- Danaher Corp.'s (NYSE:DHR) president and CEO H. Lawrence Culp, Jr. said that the company raised its guidance for its fiscal first quarter. The company now expects adjusted earnings of at least $0.90 per share, up from $0.77 to $0.82 per share, vs. consensus estimates of $0.83 per share. From: TradeTheTrend Views: 217 0 ratings Time: 00:40 More in News & PoliticsRead Full Story