Company Overview and News
Fortive Corporation (FTV - Free Report) is currently a well-performing technology stock and a rise in share price and strong fundamentals signal its bullish run. Therefore, if you haven’t taken advantage of the share price appreciation yet, it’s time you add the stock to your portfolio. (95-0)
Dan Loeb's 13F portfolio value increased 5.45% from $11.28B to $11.90B this quarter. The number of positions increased from 32 to 37. (1016-2)
Sprouts Farmers Market Inc (SFM - Free Report) : This food retailer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days. (13-0)
Itron, Inc.’s (ITRI - Free Report) third-quarter 2017 adjusted earnings of 77 cents per share remained flat year over year. Earnings, however, missed the Zacks Consensus Estimate of 89 cents. Results bore the impact of delay in shipments due to short-term issues related to factory consolidation, supply chain transitions and ramped-up deliveries of new solutions. These steps were carried out by Itron in a bid to improve operational efficiencies and transform its business. (6-0)
After disappointing the Street with average growth and stoking concerns about pricing and margins in the second quarter, 3M's third quarter results were comparatively strong on growth and margins (14-0)
LONDON, UK / ACCESSWIRE / October 31, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Garmin Ltd (NASDAQ: GRMN), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=GRMN. The Company announced on October 27, 2017, that it has acquired Navionics S.p.A., a privately-held worldwide provider of electronic navigational charts and mobile applications for the marine industry. (19-0)
Fortive Corporation (FTV - Free Report) reported third-quarter 2017 earnings of 77 cents per share, which beat the Zacks Consensus Estimate by four cents. The figure increased almost 15% from the year-ago quarter and was better than management’s guidance of 69-73 cents. Revenues increased 7.5% year over year to $1.69 billion, slightly better than the Zacks Consensus Estimate of $1.66 billion. Acquisitions contributed 1. (74-0)
Fortive Corporation (FTV - Free Report) is set to report third-quarter fiscal 2017 results on Oct 26. Notably, the company has beaten the Zacks Consensus Estimates for earnings in all of the trailing four quarters, with an average surprise of 5.80%. Last quarter, the company delivered a positive earnings surprise of 2.90%. Let’s find out what Fortive has to offer investors in this quarter. Portfolio Strength, Acquisitions: Key Catalyst Fortive’s diverse product portfolio and expansion into the Cloud computing segment is quite encouraging. (161-0)
In order to strengthen its presence in the Internet of Things (IoT), Itron, Inc. (ITRI - Free Report) recently signed a definitive agreement to buy the smart-grid products specialist Silver Spring Networks (SSNI - Free Report) for $830 million. The Deal in Detail Per the agreement, Itron will acquire all outstanding shares of Silver Spring for $16.25 per share. This represents a premium of 25% to Silver Spring’s closing share price on Sep 15. (6-0)
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, September 21st: (5-0)
Fortive Corporation (FTV - Free Report) is currently a well-performing technology stock and a rise in share price and strong fundamentals signal its bullish run. Therefore, if you haven’t taken advantage of the share price appreciation yet, it’s time you add the stock to your portfolio. (102-0)
Fortive's second quarter was better than expected, and the message from its investor day was on target. (17-0)
To open fast is Fortive. Jim was a little bit surprised that he would be first lead off here on the conference, but great pleasure to welcome Jim back. For those of you who don’t know Jim, I think most of you do, but if you don’t know Jim Lico, he is President and CEO of Fortive, spent 20 odd years at Danaher as EVP and in a number of leadership positions and been CEO of Fortive since the spin last July.
Alibaba Group Holding Limited (BABA - Free Report) reported first-quarter fiscal 2018 (ended Jun 30, 2017) earnings of 94 cents per share, surpassing the Zacks Consensus Estimate by 21 cents. The adjusted figure excludes one-time items but includes stock-based compensation expense.
Applied Materials Inc. (AMAT - Free Report) reported robust third-quarter fiscal 2017 results, with both top and bottom line surpassing our estimates.
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