Fortive Corporation ( FTV ) shares are trading lower after the company reported fourth-quarter results. Revenue grew 2% year-over-year (Y/Y) to $1.620 billion, missing the consensus of $1.624 billion. Core Growth Sales by segments: Intelligent Operating Solutions $710.8 million (+4.1% Y/Y), Precision Technologies $567.7 million (-0.4% Y/Y) and Advanced Healthcare Solutions $341.8 million (+3.2% Y/Y). The company’s adjusted operating margin is up 100 basis points Y/Y to 28.7% in the quarter. Adjusted EPS of $1.17, beating the consensus of $1.12....

09:29 AM EST, 02/07/2025 (MT Newswires) -- Accenture ( ACN ) is discontinuing its global diversity and inclusion goals following an assessment of its internal policies and practices, as well as the US landscape, multiple media outlets reported Friday, citing an internal Accenture ( ACN ) memo sent by chief executive officer Julie Sweet. The company will begin to phase...

09:20 AM EST, 02/07/2025 (MT Newswires) -- Ascentage Pharma ( AAPG ) said Friday that underwriters of its US initial public offering have partially exercised an over-allotment option to buy an additional 935,144 American depositary shares at the IPO price of $17.25 per ADS. After the partial exercise of the over-allotment option, the total number of ADSs sold in the...

Feb 7 (Reuters) - German medical packaging maker Gerresheimer is exploring a potential sale amid interest from private equity funds, Bloomberg News reported on Friday, citing people familiar with the matter. (Reporting by Devika Nair in Bengaluru; Editing by Devika Syamnath) ...