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Danaher is up following Q3 report

Danaher Corp. (DHR), a major financial conglomerate, producing high-tech equipment for various sectors of the economy (such as health care, robotics, aerospace and others), recently released a strong financial report for Q3FY15. According to the report, revenue rose 6.7% y-o-y to USD 5.02 bn, while adjusted EPS was up 6.1% y-o-y to $1.05, outpacing median forecast by one cent. Revenue was driven by acquisition of Pall, a major producer of filtration and separation equipment, in spring for $13.8 bn. I am upbeat about Danaher prospects. Recovery of the global economy, as well as the company’s recent acquisitions, will improve the company’s financial performance, which will boost Danaher (DHR) shares in the mid-term. I rate the name as a Buy in the mid-term.