Bernstein Starts Fortive (FTV) at Outperform

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Fortive Announces Equity Investor Meetings For Upcoming Spin-off From Danaher And Provides Financial Outlook As Standalone Company

June 21, 2016 6:00 AM EDT

WASHINGTON, June 21, 2016 /PRNewswire/ -- Fortive Corporation ("Fortive") (NYSE: FTV.WI) announced today that it will begin making presentations to the equity investment community in preparation for its planned July 2, 2016 spin-off from Danaher Corporation (NYSE: DHR) ("Danaher"), including a webcast presentation today at approximately 12:30 p.m. ET. The meetings will be led by President and Chief Executive Officer, James A. Lico, and Senior Vice President and Chief Financial Officer, Charles E. McLaughlin.  

Fortive will provide financial guidance during the equity investor meetings. Assuming completion... More