Danaher Corp (DHR) News & EventsDHRNews & EventsDanaher Corp

Danaher Appoints Julie Sawyer Montgomery as CEO

Danaher announced that the company's Board of Directors has appointed Julie Sawyer Montgomery as President and CEO and a member of the Board of Directors, effective October 1. On that date, Rainer Blair will retire and serve as a senior advisor until March 31, 2027 to ensure a seamless transition. Sawyer Montgomery brings nearly 25 years of experience across healthcare, commercial operations, and R&D to her role. She joined the Company in 2017 at Beckman Coulter Diagnostics, where she led commercial operations and R&D before becoming President in 2020. Since then, she has held roles of increasing responsibility, most recently serving as Executive Vice President of Danaher, with responsibility for the Diagnostics platform.

Tech Stocks Lead Major Averages Higher, S&P 500 Up 0.89%

The major averages finished broadly higher as technology shares led gains ahead of a stretch of earnings from some of the market's largest companies.The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days. Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:General Motorsreportedand raised its FY26 adjusted earnings guidance3Mprovided areport for Q2Hasbroalso provided areport for Q2Novo Nordiskis suing Eli LillyoverIntersnack GroupUtz Brandsfor $14.25 per share in cash2. WALL STREET CALLS:Adobeto Underweight at Morgan StanleyFive Belowto Outperform at BernsteinSalesforceto Equal Weight at Morgan StanleyRalph Laurento Outperform at Raymond JamesShopifyto Neutral at Rothschild & Co Redburn3. AROUND THE WEB:A federal judge has upheld a $634M jury verdict against Applefor infringing Masimopatents related to Apple Watch heart rate monitoring technology, Bloomberg reportsOraclemay have to face over $7B in collateral requirements after Wisconsin's power regulator tightened credit requirements, FT reportsInteltold Business Insider that it is planning layoffs within its data center groupTSMCplans to raise chipmaking prices by up to 10% from 2027 to offset rising costs for materials, manufacturing equipment and overseas plant construction, Nikkei Asia reportsTencentis in talks to acquire SuperPlay in a deal valuing the Israeli game developer at $1B-$1.5B, CTech says4. MOVERS:Forward Airhigher afterwith one of its largest customersMerlinincreases after Northlandcoverage of the stock with an Outperform ratingCoinbasegains after U.S. Treasury Secretary Scott Bessentthat the Digital Asset Market Clarity Act is nearing approval in the U.S. SenateTwenty One Capitallower after announcing CEO Jack MallersEquifaxfalls afterand raising its guidance for FY265. EARNINGS/GUIDANCE:D.R. Horton, with EPS and revenue beating consensusPeoples Bancorp, with CEO Tyler Wilcox "pleased with the results"Danaher, provided guidance for Q3 and FY26, and raised its outlook for FY26Novartis, with CEO Vas Narasimhan calling it "a solid second quarter"Calixand provided guidance for Q3 and FY26INDEXES:The Dow rose 385.38, or 0.74%, to 52,224.64, the Nasdaq gained 329.13, or 1.29%, to 25,837.21, and the S&P 500 advanced 65.92, or 0.89%, to 7,509.20.

Danaher Shares Drop 14.3% to $172.29

Danaher is down -14.3%, or -$28.82 to $172.29.