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Fortive Corp (FTV.N)

FTV.N on New York Stock Exchange

69.36USD
11:20pm IST
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$1.40 (+2.06%)
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Latest Key Developments (Source: Significant Developments)

Fortive Announces Intention To Separate Into Two Independent, Publicly Traded Companies
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Fortive Corp ::FORTIVE ANNOUNCES INTENTION TO SEPARATE INTO TWO INDEPENDENT, PUBLICLY TRADED COMPANIES.FORTIVE CORP - TRANSACTION IS EXPECTED TO BE STRUCTURED IN A TAX-EFFICIENT MANNER.FORTIVE CORP - TO SEPARATE INTO AN INDUSTRIAL TECHNOLOGY COMPANY THAT WILL RETAIN FORTIVE NAME AND GLOBAL INDUSTRIAL COMPANY ("NEWCO").FORTIVE CORP - FOLLOWING COMPLETION OF DEAL, JAMES A. LICO WILL CONTINUE TO SERVE AS PRESIDENT AND CEO OF FORTIVE.FORTIVE CORP - CHARLES E. MCLAUGHLIN WILL CONTINUE TO SERVE AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF FORTIVE.FORTIVE - FORTIVE TO BE COMPRISED OF BUSINESSES FROM EXISTING CO'S PROFESSIONAL INSTRUMENTATION SEGMENT, SENSING TECHNOLOGIES PLATFORMS.FORTIVE - NEW FORTIVE TO ALSO INCLUDE ADVANCED STERILIZATION PRODUCTS BUSINESS FROM EXISTING CO.  Full Article

Fortive Reports Second Quarter 2019 Results
Friday, 26 Jul 2019 

July 25 (Reuters) - Fortive Corp ::FORTIVE REPORTS SECOND QUARTER 2019 RESULTS.SEES Q3 2019 ADJUSTED EARNINGS PER SHARE $0.83 TO $0.88 FROM CONTINUING OPERATIONS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $3.45 TO $3.60 FROM CONTINUING OPERATIONS.SEES Q3 2019 EARNINGS PER SHARE $0.55 TO $0.60 FROM CONTINUING OPERATIONS.SEES FY 2019 EARNINGS PER SHARE $2.12 TO $2.27 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $0.47 FROM CONTINUING OPERATIONS.Q2 REVENUE $1.9 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.91 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.89 -- REFINITIV IBES DATA.  Full Article

General Electric - Patrick Byrne Named CEO Of Co's Digital Business
Tuesday, 2 Jul 2019 

July 1 (Reuters) - General Electric Co ::PATRICK BYRNE NAMED CEO OF GE’S DIGITAL BUSINESS.GE - BYRNE JOINS GE FROM FORTIVE, WHERE HE SERVED AS SENIOR VICE PRESIDENT.  Full Article

Fortive Q1 Earnings Per Share $0.43 From Continuing Operations
Friday, 26 Apr 2019 

April 25 (Reuters) - Fortive Corp ::FORTIVE REPORTS FIRST QUARTER 2019 RESULTS.SEES Q2 2019 ADJUSTED EARNINGS PER SHARE $0.86 TO $0.90 FROM CONTINUING OPERATIONS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $3.55 TO $3.65 FROM CONTINUING OPERATIONS.SEES Q2 2019 EARNINGS PER SHARE $0.47 TO $0.51 FROM CONTINUING OPERATIONS.SEES FY 2019 EARNINGS PER SHARE $2.36 TO $2.46 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE $0.43 FROM CONTINUING OPERATIONS.Q1 REVENUE $1.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.62 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.69 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $3.61 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $0.96 -- REFINITIV IBES DATA.  Full Article

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