RBC Capital Raises Price Target on Danaher (DHR) Following 'Clean' 3Q Report
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Wall Street dips as telecoms slump; AmEx surges
October 20, 2016 7:27 AM EDTBy Chuck Mikolajczak
NEW YORK (Reuters) - U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.
Telecoms were down 2 percent, their biggest percentage decline in five weeks, as Verizon lost 2.5 percent. The company added fewer than expected wireless subscribers in the third quarter and revenue fell short of expectations.
The sector was also pressured late in the session as AT&T extended earlier losses after a report the company had... More
Danaher (DHR) Tops Q3 EPS by 5c
October 20, 2016 6:14 AM EDTDanaher (NYSE: DHR) reported Q3 EPS of $0.87, $0.05 better than the analyst estimate of $0.82. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.13 billion.
For earnings history and earnings-related data on Danaher (DHR) click here.
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