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Fortive Corp (FTV.N)

FTV.N on New York Stock Exchange

88.50USD
18 Apr 2019
Change (% chg)

$0.89 (+1.02%)
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Latest Key Developments (Source: Significant Developments)

Fortive Announces Pricing Of Offering Of Convertible Senior Notes
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - Fortive Corp ::FORTIVE ANNOUNCES PRICING OF OFFERING OF CONVERTIBLE SENIOR NOTES.FORTIVE CORP - PRICED ITS PRIVATE OFFERING OF $1.25 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2022.  Full Article

Fortive Corp Announces Proposed Offering Of Convertible Senior Notes
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Fortive Corp ::FORTIVE ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTES.FORTIVE CORP - PROPOSES TO OFFER $1.25 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS CONVERTIBLE SENIOR NOTES DUE 2022.FORTIVE CORP - INTEREST ON NOTES WILL BE PAYABLE SEMI-ANNUALLY IN ARREARS ON FEBRUARY 15 AND AUGUST 15 OF EACH YEAR.FORTIVE CORP - NOTES WILL MATURE ON FEBRUARY 15, 2022.  Full Article

Gilbarco Veeder-Root Makes Minority Investment In Tritium
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Gilbarco Veeder-Root ::GILBARCO VEEDER-ROOT MAKES MINORITY INVESTMENT IN TRITIUM TO ACCELERATE GLOBAL ELECTRIC VEHICLE INFRASTRUCTURE BUILD OUT.GILBARCO VEEDER-ROOT - WILL SELL ALL TRITIUM SOLUTIONS, INCLUDING VEEFIL-PK HIGH POWER CHARGING SYSTEMS.  Full Article

Fortive Q2 Earnings Per Share $0.83
Friday, 27 Jul 2018 

July 26 (Reuters) - Fortive Corp ::FORTIVE REPORTS SECOND QUARTER 2018 RESULTS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.42 TO $3.50.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $0.83 TO $0.87.SEES Q3 2018 EARNINGS PER SHARE $0.73 TO $0.77.SEES FY 2018 EARNINGS PER SHARE $3.02 TO $3.10.Q2 EARNINGS PER SHARE $0.83.Q2 REVENUE $1.9 BILLION VERSUS I/B/E/S VIEW $1.83 BILLION.Q2 EARNINGS PER SHARE VIEW $0.89 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.47 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.90 -- THOMSON REUTERS I/B/E/S.  Full Article

Altra Industrial Motion Says Co's Management To Lead Combined Co Following Closing Of Deal With Fortive
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Altra Industrial Motion Corp ::ALTRA INDUSTRIAL MOTION SAYS CO'S MANAGEMENT TO LEAD COMBINED CO FOLLOWING CLOSING OF DEAL WITH FORTIVE - SEC FILING.ALTRA INDUSTRIAL MOTION SAYS CARL CHRISTENSEN WILL BE CHAIRMAN OF BOARD OF COMBINED CO FOLLOWING CLOSING OF DEAL WITH FORTIVE.  Full Article

Fortive Agrees To Combine Automation And Specialty Businesses With Altra Industrial Motion Corp
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Fortive Corp ::FORTIVE ANNOUNCES AGREEMENT TO COMBINE AUTOMATION AND SPECIALTY BUSINESSES WITH ALTRA INDUSTRIAL MOTION CORP..FORTIVE - ‍IN SPLIT-OFF, CO EXPECTS DILUTION IMPACT TO NET EPS WOULD BE ABOUT 8-9% ON ANNUAL BASIS AS RESULT OF DISTRIBUTION​.FORTIVE CORP - ‍UNDER TERMS OF DEFINITIVE TRANSACTION AGREEMENTS, CO WILL CREATE UNIT TO HOLD A&S PLATFORM​.FORTIVE CORP - ‍WILL DISTRIBUTE OWNERSHIP OF A&S UNIT TO FORTIVE SHAREHOLDERS IN EITHER A SPLIT-OFF OR SPIN-OFF TRANSACTION​.FORTIVE CORP - ‍DISTRIBUTION OF OWNERSHIP OF A&S UNIT WILL BE FOLLOWED BY MERGER OF A&S UNIT WITH UNIT OF ALTRA​.FORTIVE CORP - ‍IF CO ELECTS SPIN-OFF, SHARES OF A&S UNIT TO BE DISTRIBUTED TO ALL OF ITS SHAREHOLDERS ON PRO RATA BASIS​.FORTIVE CORP - ‍IF CO ELECTS SPLIT-OFF, ITS SHAREHOLDERS WOULD HAVE OPPORTUNITY TO EXCHANGE THEIR SHARES FOR SHARES OF A&S UNIT.FORTIVE CORP - ‍COMBINATION WILL BE EFFECTED AS A REVERSE MORRIS TRUST, WHICH IS EXPECTED TO BE TAX-EFFICIENT TO CO.  Full Article

Press Release - Altra Industrial Motion Corp. To Combine With Fortive’s Automation & Specialty Platform
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Altra Industrial Motion Corp ::PRESS RELEASE - ALTRA INDUSTRIAL MOTION CORP. TO COMBINE WITH FORTIVE’S AUTOMATION & SPECIALTY PLATFORM TO CREATE A GLOBAL LEADER IN THE POWER TRANSMISSION AND MOTION CONTROL INDUSTRY.ALTRA INDUSTRIAL MOTION CORP - DEAL FOR APPROXIMATELY $3.0 BILLION.ALTRA INDUSTRIAL MOTION CORP - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO NON-GAAP ADJUSTED DILUTED EARNINGS PER SHARE.ALTRA INDUSTRIAL MOTION CORP - EXPECTED TO GENERATE ANNUAL SYNERGIES, VAST MAJORITY OF WHICH ARE COST, OF MORE THAN $50 MILLION FROM DEAL.ALTRA INDUSTRIAL MOTION - BOARD UNANIMOUSLY APPROVED AGREEMENT TO COMBINE CO WITH 4 OPERATING COS FROM FORTIVE'S AUTOMATION AND SPECIALTY PLATFORM.ALTRA INDUSTRIAL MOTION CORP - TRANSACTION IS EXPECTED TO BE TAX FREE TO COMPANIES' RESPECTIVE SHAREHOLDERS.ALTRA INDUSTRIAL MOTION CORP - COMBINED COMPANY IS EXPECTED TO GENERATE CUMULATIVE FIVE-YEAR FREE CASH FLOWS IN EXCESS OF $1 BILLION.ALTRA INDUSTRIAL MOTION CORP - DEAL TO DOUBLE ALTRA'S RE TO ABOUT $1.8 BILLION FOR TWELVE MONTHS ENDED DECEMBER 31, 2017.ALTRA INDUSTRIAL MOTION CORP - WILL INCREASE SIZE OF ITS BOARD WITH ADDITION OF ONE BOARD MEMBER DESIGNATED BY FORTIVE.ALTRA INDUSTRIAL MOTION - TOTAL CONSIDERATION TO FORTIVE INCLUDES $1.4 BILLION OF CASH PROCEEDS AND DEBT REDUCTION FOR FORTIVE.ALTRA INDUSTRIAL MOTION - COMBINED CO WILL CONTINUE TO BE LED BY ALTRA'S CURRENT CHAIRMAN AND CEO CARL CHRISTENSON, CHRISTIAN STORCH TO REMAIN CFO.  Full Article

Fortive Q4 Earnings Per Share $0.95
Friday, 9 Feb 2018 

Feb 8 (Reuters) - Fortive Corp ::FORTIVE REPORTS FOURTH QUARTER 2017 RESULTS AND INITIATES 2018 GUIDANCE.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.35 TO $3.45.SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.72 TO $0.76.SEES FY 2018 EARNINGS PER SHARE $3.13 TO $3.23.SEES Q1 2018 EARNINGS PER SHARE $0.66 TO $0.70.Q4 REVENUE ROSE 11 PERCENT TO $1.8 BILLION.Q4 EARNINGS PER SHARE $0.95.QTRLY ‍ADJUSTED DILUTED NET EARNINGS PER SHARE WERE $0.82​.  Full Article

Fortive posts Q3 earnings per share $0.76
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Fortive Corp :Fortive reports third quarter 2017 results.Sees Q4 2017 adjusted earnings per share $0.74 to $0.78.Sees FY 2017 adjusted earnings per share $2.82 to $2.86.Sees FY 2017 earnings per share $2.69 to $2.73.Sees Q4 2017 earnings per share $0.69 to $0.73.Q3 earnings per share $0.76.Q3 revenue $1.7 billion versus I/B/E/S view $1.66 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.  Full Article

Fortive to acquire Landauer for $67.25 per share, or nearly $770 mln
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Landauer Inc :Fortive to acquire Landauer for $67.25 per share, or approximately $770 million.Landauer Inc - Fortive expects to finance transaction with available cash and credit.Landauer Inc - Acquisition has been unanimously approved by board of directors of each company.Landauer Inc - Landauer board of directors has unanimously recommended that landauer shareholders tender their shares into offer.Landauer Inc - Deal for ‍total enterprise value of approximately $770 million including assumed indebtedness and net of acquired cash​.Landauer -‍ Certain stockholder representing about 5% of Landauer's outstanding shares has indicated they intend to tender their shares into offer​.Landauer Inc - ‍Upon closing of acquisition, Landauer will become part of Fortive's field solutions platform ​.  Full Article